In the last few months the Jerusalem Development Authority has launched new economic growth initiatives.The combination of these initiatives with grants and benefits also aimed at promoting growth in the city of Jerusalem is already reaping fruits. See: The Academic city; Bio-Jerusalem; The Jerusalem Center of Design; The Jerusalem Film and Television Foundation; Tourism and The Old City 
Incentives and Grants. Living expenses grants for students; Study grants; Housing rent assistance for Hi-tech employees; Municipal tax incentives; Innovation allowances; startup allowances; Grants to life-sciences firms; Allowances for building in the city center; Allowances for upgrading storefronts and window displays. For more information