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Yes. Actually, they are meant to fund only marketing and sales activities in global markets.
Smart Money is for companies with a yearly export of at least ILS 1,000,000 or ILS 400,000 if
their total turnover is beyond ILS 10 Million. Shlav on the other hand is for smaller companies and
requires no export at all or a total export which does not exceed ILS 1,000,000 and as long as their total
yearly turnover is at least ILS 500,000. In addition, the maximum recognized budget by “Smart Money” is
typically ILS 1,000,000 while the one from Shalv is only ILS 400,000. Both programs provide 50% funding
from the total approved budget.