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Nanotechnology R&D to get USD 230M

Israeli government announces it will strengthen funding in nanoscience, nanotechnology research centers

IEICI
Published: 11.15.06, 20:07 / Israel Money

The Israeli government announced that it will strengthen funding in nanoscience and nanotechnology research centers.

 

The government is set to finance a third of funds worth USD 82 million over the next 5 years.

 

The new financing uses a triangle model, where both the universities and the government match all private donations.

 

This program makes nanotechnology one of Israel's most heavily invested in R&D fields in Israel.

 

Research institutions participating in the program are Bar-Ilan University, Tel Aviv University, Ben-Gurion University of the Negev, The Hebrew University of Jerusalem and the Weizmann Institute of Science.

 

The funding will be invested into three channels: Nanotechnology education, applied research and derived developments by companies.

 

Reprinted by permission of the Israel Export & International Cooperation Institute

 

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