Technion and Economy Ministry Collaborate to Boost Industry Innovation
Published by www.msn.com on May 28, 2023.
In a move aimed at revolutionizing the manufacturing sector, the Economy and Industry Ministry, in partnership with the Technion – Israel Institute of Technology, launched an initiative to enhance the research and development efforts of manufacturing plants across the country. This collaborative endeavor seeks to propel innovation, progress and competitiveness, ultimately boosting production capacity in the industry.
In an agreement valued at NIS 4 million, researchers from the Technion will join forces with the Israeli manufacturing industry, addressing the barriers hindering approximately 100 factories, as identified in a preliminary study. The recently signed agreement is poised to make significant strides in improving the industry’s research capabilities and fostering a culture of innovation.
The collaboration followed a project under the leadership of the Technion and Aharon Aharon that began about two years ago, with the generous support of the Russell Berrie Foundation.
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