Yozma definition

Yozma has the meaning set forth in Section 4.14.
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Yozma means initiative in Hebrew. This is a program designed to encourage the growth of high-tech by government investment in venture capital funds. The government backed venture capital funds were created when no other venture capital funds existed in Israel and most foreign funds would not invest in Israel. Gil Avnimelech, VC Policy: YOZMA Program 15-Years Perspective, DRUID (June 3, 2009), http://www2.druid.dk/conferences/ viewpaper.php?id=5606&cf=32 (last visited Dec. 10, 2013).
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Examples of Yozma in a sentence

  • As a result of the involvement of international funding in locally established VC funds, Yozma funds increased by 250 million US dollars (Baygan, 2003, p.

  • The number of venture funds increased from 2 to 68.Furthermore, Yozma promoted the cooperation between professional American VC funds and local Israeli funds as well as private and government sector.

  • Yozma program is considered an important program in VC fund policy.‘Inbal’ was another program of Israel government for involving international investment in the innovation industry.

  • The Yozma Program that began operations in 1993 proved to be far more successful.

  • Although Inbal is not considered as successful as Yozma, it is important to note that the program can be characterized by its uniqueness for both attracting international VC funds by minimizing their risks.

  • Yozma was a $100 million government- owned VC fund with two functions: the first to operate as a fund of funds.

  • As the availability of financial capital was one of the key factors for a sound innovation ecosystem, the Israel government did not only play an important role for providing funding for Israeli startups but also stimulated the creation of VC funds industry and the entrance of internationalVC funds into Israeli market under the Yozma program.

  • The main regulation to invest in VC funds was that Yozma fund would invest 40% in a newly established VC fund by stipulating that a fund has to be an independent Israeli fund, has to raise the rest of finance (60%) by establishing limited partnership with an international venture fund while most investment decisions have to be made by international investors (Baygan, 2003, p.

  • The second function saw $20 million retained in the government-owned Yozma Venture Fund to be invested directly in early stage activities.

  • Rather, Yozma provided capital to the funds, matching up to 40 percent of the capital invested by private investors.

Related to Yozma

  • Panchayat means an institution (by whatever name called) of self-government constituted under article 243B, for the rural areas;

  • Tabarru’ means donation for the purpose of solidarity and cooperation among the Takaful Participants and to be used to help all Takaful Participants in times of misfortune. In the context of the Company, Tabarru’ will be allocated into the Participants’ Risk Fund.

  • IMRO means the Irish Music Rights Organisation CLG.

  • LHSIA means the Local Health System Integration Act, 2006, and the regulations made under it, as it and they may be amended from time to time;

  • Hostel means a place of residence for the students of the University, or its colleges, institutions and study centers, established or recognized to be as such by the University;

  • POPIA means the Protection of Personal Information Act 4 of 2013;

  • TMDL means the total maximum daily load limitation of a parameter, representing the estimated assimilative capacity for a water body before other designated uses are adversely affected. Mathematically, it is the sum of wasteload allocations for point sources, load allocations for non-point and natural background sources, and a margin of safety.

  • SOQ means Statement of Qualifications.

  • POPI means the Protection of Personal Information Act, 4 of 2013;

  • Fellowship means a fellowship in a professional medical college recognized by the Board after consultation with the Medical Advisory Committee.

  • AASHTO means the American Association of State Highway and Transportation Officials.

  • Catechumen means a member of the catechumenate of a Catholic Church. This will normally be evidenced by a certificate of reception into the order of catechumens.

  • WADA means the World Anti-Doping Agency.

  • OJEU means the Official Journal of the European Union.

  • SANAS means the South African National Accreditation System;

  • SOL means the value (such as MW, MVAR, Amperes, Frequency, or Volts) that satisfies the most limiting of the prescribed operating criteria for a specified system configuration to ensure operation within acceptable reliability criteria.

  • SUVA means Specific Ultraviolet Absorption at 254 nanometers (nm), an indicator of the humic content of a water. It is calculated by dividing a sample’s ultraviolet absorption at a wavelength of 254 nm (UV254) (in m-1) by its concentration of dissolved organic carbon (DOC) (in mg/L).

  • SAQA means the South African Qualifications Authority;

  • LHIN Cluster has the meaning ascribed to it in the Accountability Agreement and is a grouping of LHINs for the purpose of advancing Digital Health initiatives through regional coordination aligned with the MOHLTC’s provincial priorities.

  • Quadriplegia means total Paralysis of both upper and lower limbs. “Hemiplegia” means total Paralysis of the upper and lower limbs on one side of the body. “Uniplegia” means total Paralysis of one lower limb or one upper limb. “Paraplegia” means total Paralysis of both lower limbs or both upper limbs. “Paralysis” means total loss of use. A Doctor must determine the loss of use to be complete and not reversible at the time the claim is submitted.

  • EUMA means the “SAP Delivered Support Agreement” which sets out the terms and conditions under which SAP provides support to End Users and which will be provided by SAP on a deal by deal basis.

  • SONIAi means the SONIA Reference Rate for:

  • NFT means any blockchain-tracked, non-fungible token.

  • South Caucasus/Central and South Asian (SC/CASA) state means Armenia, Azerbaijan, Georgia, Kazakhstan, Kyrgyzstan, Pakistan, Tajikistan, Turkmenistan, or Uzbekistan.

  • Van Xxxxxx Xxxrican Capital Tax Free Trust ("Tax Free Trust") on behalf of its series Van Xxxxxx Xxxrican Capital Insured Tax Free Income Fund ("Insured Tax Free Income Fund") Van Xxxxxx Xxxrican Capital Tax Free High Income Fund ("Tax Free High Income Fund") Van Xxxxxx Xxxrican Capital California Insured Tax Free Fund ("California Insured Tax Free Fund") Van Xxxxxx Xxxrican Capital Municipal Income Fund ("Municipal Income Fund") Van Xxxxxx Xxxrican Capital Intermediate Term Municipal Income Fund (Intermediate Term Municipal Income Fund") Van Xxxxxx Xxxrican Capital Florida Insured Tax Free Income Fund ("Florida Insured Tax Free Income Fund") Van Xxxxxx Xxxrican Capital New Jersey Tax Free Income Fund ("New Jersey Tax Free Income Fund") Van Xxxxxx Xxxrican Capital New York Tax Free Income Fund ("New York Tax Free Income Fund") Van Xxxxxx Xxxrican Capital California Tax Free Income Fund ("California Tax Free Income Fund") Van Xxxxxx Xxxrican Capital Michigan Tax Free Income Fund ("Michigan Tax Free Income Fund") Van Xxxxxx Xxxrican Capital Missouri Tax Free Income Fund ("Missouri Tax Free Income Fund") Van Xxxxxx Xxxrican Capital Ohio Tax Free Income Fund ("Ohio Tax Free Income Fund")

  • Yeas Nays" Action: Passed Failed The following individual appeared and commented on the topic noted below: (Include the title of any documents presented to the Board.)