The Israeli Internet Association offers to sponsor FOSS related projects including commercial projects for as much as 50K a project within a 6 months period max. We met Dr. Yesha Sivan, a ISOC-IL board member, to hear about the projects their looking to sponsor and if there was anything planned for the W3C office opened a year ago.
If you'd like to offer your project do it fast the last date for sending your offer is the Aug 15. For more visit Isoc-il's Site at:
http://www.isoc.org.il/open/kolkore_2009_2010.html
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