Cornell

Technion-Cornell Institute Receives $133 Million From Qualcomm Founder

Israeli tech school’s president says center can be 'half aliyah' for expat faculty.

04/22/2013
Assistant Managing Editor

New York’s planned Innovation Institute jointly run by Cornell University and Israel’s Technion-Israel Institute of Technology has met more than half its fundraising goal thanks to a $133 million donation from Irwin Jacobs, a founder of Qualcomm, and his wife, Joan.

The gift was announced Monday and will be divided equally between Cornell University and the New York-based American Technion Society, which supports the Institute in Haifa, Israel.

Technion President Peretz Lavi sees new Institute becoming 'Silicon Island' for innovators here. Michael Datikash
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