Congratulations to the Technion Institute of Israel, Cornell University, New York City and the USA

A Message from National Technion President Joel S. Rothman
Technion USA, Spring 2012

Congratulations to the Technion Institute of Israel, Cornell University, New York City and the USA

Last December I was thrilled to attend a news conference with New York City Mayor Michael Bloomberg, Technion President Professor Peretz Lavie, and Cornell University President David Skorton. Mayor Bloomberg formally announced that the Technion and Cornell partners were the winners of the highly publicized competition to create what he called a “game-changing” applied sciences and technology campus on Roosevelt Island in New York City. After reviewing some 10,000 pages of proposals and interviewing applicants from 17 institutions around the world, the project went to “a dynamic joint submission from two world-class institutions/’ he said.

The mayor envisions that the new campus will seed the city with entrepreneurs and tech oriented start-ups, much like the Technion has done in Israel. Just a year earlier, Mayor Bloomberg announced that the city would provide $100 million to the institution or consortium of institutions with the best proposal for an applied science campus. The announcement set off a closely watched competition among elite universities vying for the honor. The strength of both the Technion and Cornell University in generating entrepreneurial activity was one of the major factors cited in the city’s selection of the team.

The Cornell NYC Tech campus mission is to focus on technology in the service of business to produce budding entrepreneurs who not only excel in science and engineering, but are also business savvy. As such, the heart of the program is the Technion-Cornell Innovation Institute (TCII)/ a new academic model based on applied science.

Students will initially pursue master’s and doctorate degrees from Cornell in the traditional fields of computer science, electrical and computer engineering and information science and engineering. But once accredited by the state of New York/ the TCII will offer a novel Technion-Cornell dual Master of Applied Science degree (MASc) tracked to reflect the student’s additional studies in business economics advertising or other social sciences relevant to his or her hub. Eventually the new tech campus is expected to boost the city’s percentage of full-time, graduate engineering students by 70 percent

The projected $2 billion tech campus will cover 10 acres of land on Roosevelt Island, enroll approximately 2,500 graduate students and accommodate 280 faculty members at full build in 30 years. Limited classes will start in temporary quarters off-site as soon as this September.

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