Shalom Life | November 27, 2014

Israel's Technion Wins Joint Bid for Technology Campus in New York

Technion-Israel Institute of Technology to partner with Cornell in new entrepreneurship and technology center

By: David Shear

Published: December 19th, 2011 in Business » World

Israel's Technion Wins Joint Bid for Technology Campus in New York
Technion-Israel Insitute of Technology and Cornell University have won a joint bid to build an applied sciences campus in New York that officials hope will be the first step to building an east coast rival to California's Silicon Valley.

The winner of the multi-billion dollar project has not yet been officially announced but according to a person familiar with the decision, New York Mayor Michael Bloomberg will announce said winners on Monday.

Seven universities and consortium submitted bids to build the high-tech campus. The city of New York has promised nearly free city land and up to $100 million in city improvements in exchange.

Cornell announced on Friday that it had received $350 million from an anonymous donor for its plan should they be awarded. This gift is the largest ever given to Cornell in the university's history.

According to their proposals, Cornell and Technion have committed to having the program up and running before the end of 2012 in existing city space and moving it to the newly built campus once ready.

The Essential Hanukkah Gift Guide 2014: The Unemployed Philosopher's Guild [GIVEAWAY] The Essential Hanukkah Gift Guide 2014: The Unemployed Philosopher's Guild [GIVEAWAY] TrendingThis British City Council is Banning All Israeli Goods This British City Council is Banning All Israeli Goods TrendingLooking for an Alternative to Uber or Lyft? Try Schlep! [VIDEO] Looking for an Alternative to Uber or Lyft? Try Schlep! [VIDEO] Trending
 

Startup Club: Leap Motion

November 27, 2014 | By Caitlin Marceau
Startup Club: Leap Motion

With a wave of a hand, the company allows you to use your Mac or PC in a whole new way for games, design, and more

Read More

Breakthrough Jew - Mendy Pellin

November 27, 2014 | By Sara Torvik
Breakthrough Jew - Mendy Pellin

Pellin was referred to by The New York Times as "Stephen Colbert with a beard and a black hat."

Read More

Top 20 Things to do in Israel During the Winter

November 27, 2014 | By Abigail Klein Leichman
Top 20 Things to do in Israel During the Winter

Ski in the Hermon, watch the migratory birds, see the holiday lights, dance the lindy hop there's plenty of fun to heat up chilly days.

Read More

Natalie Portman to Star in Steve Jobs Biopic?

November 27, 2014 | By Ashley Baylen
Natalie Portman to Star in Steve Jobs Biopic?

The 'Thor' actress is in negotiations to star in Danny Boyle's upcoming film following the Apple co-founder.

Read More

Sarah Jessica Parker to Launch Shoe Line in Dubai

November 27, 2014 | By Ashley Baylen
Sarah Jessica Parker to Launch Shoe Line in Dubai

The SJP Collection will be available at Harvey Nichols and Bloomingdale's in Dubai.

Read More

Melissa Rivers Posts Thanksgiving Wishes From Mom Joan’s Account

November 27, 2014 | By Ashley Baylen
Melissa Rivers Posts Thanksgiving Wishes From Mom Joan’s Account

Rivers "finally figured out" her mom's Twitter password, takes the opportunity to wish her fans a Happy Thanksgiving.

Read More

Seth Rogen Invites Millions of Twitter Fans to Get High With Him

November 27, 2014 | By Ashley Baylen
Seth Rogen Invites Millions of Twitter Fans to Get High With Him

'The Interview' star wants followers to "get baked" with him in Denver.

Read More

You Can Now Take a Virtual Tour of the Auschwitz-Birkenau Death Camp

November 27, 2014 | By Daniel Koren
You Can Now Take a Virtual Tour of the Auschwitz-Birkenau Death Camp

The Auschwitz museum has unveiled a new virtual tour on its website

Read More

More Headlines