The benefits for new immigrants are provided with subsidization from the Absorption Ministry, with the aim of creating an environment that encourages new immigrants and returning residents with business talents to open private businesses in Israel and to expand existing businesses by means of innovative tools, from the belief that successful business enterprise creates a long term foundation for successful economic and social absorption in Israeli society.

Who is Eligible for Benefits?

New immigrants with a New Immigrant Certificate up to 10 years after their immigrating to Israel and honorably discharged soldiers in Israel up to 13 years after their discharge with a Discharge Certificate are eligible for benefits.  In addition, returning residents are eligible for benefits up to two years after their return to Israel, with a Returning Resident Certificate from the Ministry of Absorption.

Benefits Given to New Immigrants and Returning Residents

Consulting Meeting

This is a meeting for examination of the feasibility and profitability of the business. The meeting will help you understand the steps required for opening the business. In addition, the consultant will test your business idea or project and will offer you assistance in accordance with the outcome.

Ministry of Absorption Loan

You can receive a loan of up to 100,000 NIS, which is given for a period of six years with an interest rate of Consumer Price Index +2%. The borrowers are given a grace period of one year. 17.5% of the amount up to a ceiling of 5,000 NIS is a standing loan which will become a grant if the business is active for three years. The borrowers need to find 1-3 guarantors, depending on the size of the loan, or monetary securities or a car, and they also need to invest about 25% of the required investment from their personal capital.

The New York Fund

You can receive a loan of up to 200,000 NIS, for a period of up to 6 years with an interest rate of prime + 0.6%. The borrowers are given a grace period of one year. The borrowers need to invest 20-30% of the required investment from their personal capital. Guarantees will be required in accordance with the Fund's decision, usually 2 guarantors and a liquid deposit.

Additional loans are available as a complement. contact us for the complete list of the available loans.

Courses and Training

Courses and workshops for entrepreneurs in various fields of business management at subsidized rates

Business Mentoring

You can receive 25 hours of business mentoring free of charge. Those interested can receive mentoring by an experienced professional consultant in the fields in which they need help, such as: financial advice, marketing, management, import and export, etc.