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