Daijiworld Media Network – Tel Aviv
Tel Aviv, Jul 3: In a major move to support war-impacted enterprises, the Israeli government has approved a comprehensive compensation plan for businesses that suffered economic setbacks due to Operation ‘Rising Lion’ against Iran.
The plan includes financial aid across the country, alongside key adjustments to Israel's temporary unpaid vacation model, ensuring a stronger safety net for both businesses and employees affected by the conflict and restrictions imposed by the Home Front Command.
Under the scheme, businesses with annual turnovers between 12,000 Shekels (USD 3,557) and 400 million Shekels (USD 118 million) will be eligible for support. The compensation will be calculated based on the revenue losses sustained during June or May–June 2025.
Small businesses will receive fixed grants based on the severity of the damage, while medium and large enterprises will be offered partial reimbursement for operational costs and employee salaries.
The initiative aims to cushion the economic impact of the recent hostilities and ensure business continuity amid the ongoing recovery efforts.