The Jerusalem Development Authority encourages entrepreneurs, companies and industrial factories to move to Jerusalem and to expand their business activities in a city, where they enjoy a wide variety of benefits and grants. The Authority appoints a project manager to assist all such companies and industries wishing to operate in the city.
Jerusalem is the only city in the center of the country which enjoys the status of Development Area "A". Thus businesses operating in Jerusalem enjoy the benefits of a special tax bracket and other economic benefits. In addition, the government of Israel and the Jerusalem Development Authority give enterprises operating in Jerusalem grants and benefits due to the status of Jerusalem as a priority area. Thus government programs offer acclimation grants, relocation and expansion grants to companies and factories in hi-tech, bio-med and life sciences, as well as relocation grants for employees of hi-tech industries and grants to start-ups.