“Our innermost secret is the strength of our basic research – that which has won Nobel Prizes for three of our scientists. This basic research is a direct function of our ability to invest in creative space – where the scientists can move with freedom and curiosity – pursing knowledge and skills, following his or her inspiration without conditions. Only academic institutes of research can give this.”

Technion President, Professor Peretz Lavie (Spring 2012)

Technion-Israel Institute of Technology

Technion-Israel Institute of Technology is a major source of the innovation and brainpower that drives the Israeli economy and a key to Israel’s reputation as the world’s “Start-Up Nation.” Technion people, ideas and inventions make immeasurable contributions to the world including life-saving medicine, sustainable energy, computer science, water conservation and nanotechnology.

Technion is Israel’s first technological university (established over 100 years ago) and a premier center of science, technology and applied research. Technion is home to more than 13,000 students, 18 faculties, 50 research institutes and a distinguished faculty of 615 including three Nobel Prize winners in Chemistry.

Technion is a place that is world-renowned for innovation and for its record numbers of start-ups and patents. In the first ever comprehensive survey the 2012 Skoltech/MIT Initiative Benchmarking Study, technion ranked sixth place in the world for entrepreneurship and innovation and was rated in first place for supporting the most stimulating environment. Technion graduates have created and lead most of Israel’s high-tech companies.

Technion’s World Reputation for Excellence in Science & Technology

Technion and its partner Cornell University were selected by the City of New York to establish a joint new applied science and engineering campus, “Maybe the most exciting economic development project our city has ever undertaken,” according to New York City Mayor David Bloomberg. The Campus, to be built on Roosevelt Island, is scheduled to open in 2017. The Cornell-Technion proposal beat out six competing bids, including one from Stanford University.