The Technion’s story has been intertwined with Israel’s for more than a century, from laying the foundations for a new nation to shaping its future.
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Cornell Tech’s Jacobs Technion-Cornell Institute will now offer companies worldwide an opportunity to send talented employees to an intensive one-year program to work on new business ventures that explore commercial uses for emerging technologies. The new Cornell Tech Venture Fellows Program at the Jacobs Institute allows individuals to immerse themselves with a cohort of academically-minded entrepreneurs and intrapreneurs from diverse global businesses at Cornell University’s state-of-the-art tech campus in the heart of New York City. The program is powered by Cornell Tech’s successful Runway Startups Program in the Jacobs Institute, which has launched more than 100 startups since 2014. Today…
In 2018, Cornell Tech—a graduate school campus of the Ivy League university—was believed to have been a strong factor for Amazon deciding to bring a new headquarters to New York City. At the time, the school boasted of the creation and investment in more than 50 start-up companies in which over $60 million in investment was raised and hundreds of jobs were created, according to the New York Times. While the Amazon headquarters was later nixed because of backlash from local politicians, Cornell Tech is continuing to leave its mark on the region—and the world.
Nearly three years ago, Ola Baker got a lifechanging call from Ahmad Sheikh Muhammad, head of the Galilee Society – the Arab National Society for Health Research and Services. The society, based in northern Israel, had won a tender from the U.S.-Middle East Partnership Initiative (MEPI) to establish an accelerator for early-stage Arab startups in healthcare, biotech and environmental science. Would Baker want to be its CEO? “It was like a dream come true for me,” says Baker, an Israeli Arab with degrees in biology and business administration.
The war in Gaza has hurt the interconnected American-Israeli tech ecosystem, but there’s still opportunity for growth, say entrepreneurs and experts. On the day of the October 7 terrorist attack, Sigal Gafni, an entrepreneur and resident of the southern Israeli town of Arad, was at the Association of the U.S. Army (AUSA) summit in D.C. “When I returned to Israel, it was immediately clear to me that my business will now face a period where I won’t be able to work,” she said. Gafni predicts that the war will impact all Israeli businesses exporting hi-tech services to the U.S.
Cornell Tech and the New York City Economic Development Corporation (NYCEDC) announced the launch of Pilot: New York City to advance New York City as a global hub for urban innovation. The new initiative, a key proposal within the “New” New York Panel Making New York Work for Everyone Action Plan, aims to streamline processes, collaborate with the private sector, nonprofits, and academia, and tap into the creativity of New Yorkers, to enable the city to become one of the world’s most important places to pilot and scale urban innovation ranging from curbside electric vehicle charging to building decarbonization technology. Together with the…
The gender gap in Israel’s startups is slowly narrowing, with women now accounting for 35 percent of all jobs. A report published by Start-Up Nation Policy Institute to mark International Women’s Day shows the number of women in startups is increasing, albeit slowly, up from 33.4 percent in 2021. Still, women account for just 16 percent of senior (C-level or C-suite) positions, and just seven percent of CTO (chief technical officers) positions. They fare best in senior roles as CMOs – chief marketing officers – at 35 percent. The findings are based on a database of all LinkedIn employees in…
The United States is now home to 88 privately held, Israeli-founded companies that have reached or surpassed a $1 billion valuation, according to the United States – Israel Business Alliance. The number has gone up from 80 a year ago. Each of these unicorns has at least one Israeli founder and its global or regional headquarters in the United States. “The rising number of Israeli-founded unicorns in the United States is a testament to the strategic value that this market continues to offer Israeli entrepreneurs,” USIBA president Aaron Kaplowitz said. “In recent years, there’s been better product-market fit between Israeli technological…
Postdocs Share How the Startup Program Supercharged Their Innovations Celebrating its 10th anniversary, the Joan and Irwin Jacobs Technion-Cornell Institute at Cornell Tech on Roosevelt Island has become part of New York City’s higher education landscape. Through its Runway Startup Postdoc Program, it has also injected entrepreneurial energy into the city. Runway, launched in 2014, helps recent Ph.D. graduates with an entrepreneurial bent transition into the high-powered world of startups. Students describe Runway as part business school, part research lab, and part startup incubator. The two-year program combines workshops on building a business with mentorship from industry experts, while also providing…
American Technion Society – New England Presents Boston Business Council Meeting With Professor Gideon Grader Listen in to this interactive discussion with Professor Gideon Grader, former dean of the Technion’s Wolfson Faculty of Chemical Engineering. Prof. Grader discussed taking research from vision to commercialization with H2Pro, a startup which he helped launch. This company is working to save the environment through its high-efficiency production of hydrogen, with important implications to the electric vehicle industry. This event is co-hosted by Event Details WELCOME Scott Miller and Craig Rutfield, Co-Chairs of the Boston Business Council SPEAKER Professor Gideon Grader is…
Technion Webinar If the coronavirus pandemic has underscored one message, it’s that the world is one big global village. We can no longer work in our own silos when stock market fluctuations, climate change, and pandemics affect us all. In this special webinar, Technion alumnus Dr. Eyal Zimlichman addresses this interconnectedness and Israel’s efforts in […]
Webinar with Ron Brachman, Server Ertem, Rebecca Brachman, and Tomer Morad What happens when industry intersects academia? Join Ron Brachman, director of the Joan & Irwin Jacobs Technion-Cornell Institute housed at Cornell Tech in New York City, for this special webinar. Learn about the unique collaboration that has led to 28 startups incubated at the Jacobs Institute’s Runway Startup Postdoc Program, and the many Runway Fellows who tackled the coronavirus pandemic. Runway Fellows Server A. Ertem and Rebecca Anne Brachman discuss developing a test to determine if a patient has developed sufficient immunity against the coronavirus to safely return to…