Established in 2011 as part of a new initiative inspired by President Shimon Peres, Israel Brain Technologies (IBT) is a non-profit organization whose mission is to promote Israel's excellence in the field of brain technologies. IBT is initiating, coordinating, and supporting programs that will position Israel as a brain technology hub. The biennial BrainTech conferences pave the way towards the development of a globally leading, neurotechnology industry in Israel.