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Technion-Israel Institute of Technology:
The Engine Driving Israel’s High-Tech-Based Economy
"The Technion is the premier start-up university"
Israel’s stunning rise in the high-tech arena can be largely credited to the Technion-Israel Institute of Technology, supplier of the innovative scientists, engineers, entrepreneurs and creative technologies.
The Technion has earned a global reputation for its pioneering work in nanotechnology, life sciences, stem-cell technology, water management, sustainable energy, information technology, biotechnology, materials engineering and aerospace. It has produced three science Nobel Laureates in the past eight years. It is one of just 10 universities in the world that has built and launched a satellite. It is also one of only five similar institutes worldwide that include a medical school, encouraging rapid progress in biotechnology, drug development, and stem-cell technology.
Companies including Google, Microsoft, IBM, Qualcomm, Yahoo!, Hewlett-Packard and others established their operation near or even on campus, where they can take advantage of the Technion’s research power and outstanding graduates.
To focus interdisciplinary effort on research in priority subjects, the Technion — with funding from the American Technion Society — has established a growing network of research centers in such fields as nanotechnology, energy, water, life sciences, autonomous systems, aerospace, software and neuroscience.
The Technion’s 616 faculty members include renowned experts from universities around the world; in turn, its faculty members serve as visiting scientists in major universities and research centers worldwide.
Its 9,500 undergraduate and nearly 3,300 graduate students include a growing number of students from around the world. They study in the Technion's 18 faculties and 52 research centers and institutes. A growing number of foreign students are attracted to the Technion’s reputation and its special international programs in civil engineering and medicine.
Founded in 1912, the Technion is Israel's oldest institution of higher learning. As such, it has been closely linked with the country's development, providing the education and expertise that built its infrastructure, created its military might and turned the desert into orange groves. Today, it is Israel's primary source for the scientists, engineers and applied research that drive its technology-based economy and secures its citizens against terrorism.
The Technion Research and Development Foundation (TRDF) manages university research programs and performs testing and research services for industry and government. T3, the technology transfer arm of TRDF, takes the Technion’s groundbreaking scientific ideas and matches them with investors and entrepreneurs. T3 aims to foster commercial investment through the licensing of intellectual property and the establishment of start up companies. A stream of novel products and processes with export potential is constantly emerging from the Technion.
As Israel’s center for high-technology education and research, the Technion is central to the nation’s economic progress. As the premier institute of its kind in the region, Technion breakthroughs can benefit all the nations of the Middle East. And as a world-class research university, the Technion helps advance the frontiers of science and technology to benefit people around the world.