IATI meaning in Business ?

Israel Advanced Technology Industries (Hebrew: האיגוד הישראלי לתעשיות מתקדמות‎) or IATI is the umbrella organisation of the hi-tech and life sciences industries in Israel, which includes venture capital funds, R&D centres of multinational corporations, local small and large companies, technological and business incubators, acceleration programs for startup companies (accelerators), commercialisation companies of universities, hospitals, academia, service providers, municipalities, local councils and others.

The Association is a non-profit organisation, whose declared goals are to "serve as an umbrella organisation for the high-tech and life sciences industry in Israel, including individuals and companies engaged in research, development and marketing in high-tech fields, to investigate, initiate, develop and support policies and actions that will advance the high-tech and life sciences industry in Israel". Amongst the occupations of the organisation: Promote technology education (STEM), help solve the shortage of skilled human resource and encourage global tech companies (MNCs) to open research and development centres in Israel. The association has set a goal of integrating segmental populations (such as women, Ultra Orthodox Jews and Arabs) into Israeli high-tech and increasing diversity.

The association operates committees of industry leaders to promote various industrial and social issues. The main committees are: the Venture Capital Funds Committee, the Lawyers and Accountancy Committee, the Life Sciences Committee, the Government Relations Committee, the HR Committee, the IP Committee, the Conferences Committee and the Intellectual Property Committee.