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Friday November 28, 2014

Cornell and Technion Team Up for NYC University Bid

The Cornell University Seal

Image via Wikipedia

This week, Cornell University upped the bracket on its bid to build a new applied science campus in New York by joining forces with the Technion-Israel Institute of Technology.  If chosen by the Bloomberg administration, the schools would create the Technion-Cornell Innovation Institute in which Cornell would own the campus and it cost more than $1 billion. According to Crain’s New York Business, the 50-50 collaboration proposes a graduate program that will be “focused on commercialization in areas where the city has a competitive advantage, such as mobile and social technology, health care, the  built environment and finance.”

Beginning in 2012 with a full-scale campus in the city, the institute would then spread to a Roosevelt Island campus that would accommodate 2,000 gradate students. The courses required would prepare students for entrepreneurship, to be early-stage investors and provide expertise in the tech industries.

Crain’s New York Business