The Technion Takes a Bite Out of the Big Apple
Cornell University President David Skorton (left) and
Technion President Peretz Lavie
More good news for the Technion! Less than two weeks after being
awarded its third Nobel Prize in Chemistry, the Technion announced that
it is teaming up with Cornell University in a bid to build an applied
science and engineering campus on New York City’s Roosevelt Island.
Mayor Bloomberg and the New York City Economic Development
Corporation have stated that the city would give land and up to $100 million in
infrastructure upgrades to the university (or universities) best able to create
a high-tech campus with a focus on commercialization and technology transfer.
Its alumni, Bloomberg envisions, would launch start-ups that would transform
the city into a hub of innovation, spurring the economy and creating new jobs.
Sound familiar? The challenge is one that is tailor-made for the Technion, which has
helped Israel become a leading global center for high-tech start-ups.
Cornell seems to think so, too.
“The Technion is the driving force behind the miracle of
Israel’s technology economy,” said Cornell President David Skorton. “Its
academic rigor in computer science and engineering, and its leadership in
technology transfer have helped create one of the largest concentrations of
Central to the proposed NYC Tech Campus would be the
Technion-Cornell Innovation Institute (TCII), a graduate program aimed at
bringing research to the marketplace in industries integral to New York City.
“In the last 20 years we moved from Jaffa oranges to semiconductors,”
President Lavie told The Wall Street Journal. “What we can do for New York is
similar to what we did for the State of Israel.”
The City is expected to make a decision in late December of
this year, or early next year.
For more on the exciting Cornell-Technion collaboration,
please read the joint press release, and articles in The New York Times, The
Wall Street Journal and Crain’s below.
Technion – Cornell news release on support.ats.org
Street Journal article
New York article