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Technion Awarded $2.7 Million Government Grant to Launch New Innovation Center

Technion Awarded $2.7 Million Government Grant to Launch New Innovation Center

The Technion is an engineering and science university located in the northern Israeli city of Haifa, ranked 77th in the Shanghai Ranking

Adi Pick  | 13:15, 12.11.18

The Technion, received a NIS 10 million (approximately $2.7 million) grant from Israel’s Council for Higher Education (CHE) to establish an entrepreneurship and innovation center, the university announced Thursday.

Founded in 1924, the Technion is an engineering and science university located in the northern city of Haifa. In the annual Academic Ranking of World Universities (ARWU), also known as the Shanghai Ranking, published in August, the Technion ranked 77th in the world.
The Technion. Photo: PR The Technion. Photo: PR The Technion. Photo: PR

Last week, the Hebrew University of Jerusalem, along with the Bezalel Academy of Design received a combined grant of NIS 20 million (approximately $5.4 million) from the council for the same purpose.

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