ALBANY – A memorandum of understanding to establish an international partnership between New York State and the State of Israel, through a collaboration involving the College of Nanoscale Science and Engineering (CNSE) and the Israeli Industry Center for Research & Development (MATIMOP), was announced by Governor Andrew Cuomo.  The partnership will significantly expand business, technology, and economic relations in the burgeoning field of nanotechnology, while enabling billions of dollars in new investments and the creation of thousands of high-tech jobs in New York and Israel.

“I am so proud of the partnership between the State of Israel and College of Nanoscale Science and Engineering, which continues to be the leader in the global nanotechnology industry,” said Cuomo. “This partnership will strengthen our state’s relationship with the State of Israel, while also investing in a thriving industry that will create jobs and expand the economy right here in New York.”

The partnership between CNSE and MATIMOP, acting on behalf of the Office of the Chief Scientist (OCS) in the ministry of Industry Trade and Labor, builds on and leverages the multi-billion dollar investments in New York’s nanotechnology industry under the leadership of Governor Cuomo. This partnership will facilitate and promote bilateral and multilateral research, development, and commercialization programs in innovative nanoscale technologies between corporations and academic institutions in the U.S. and Israel.

Through the agreement, the Israeli government has allocated up to $300 million a year to fund access for Israeli companies and universities to CNSE’s state-of-the-art 300mm wafer and 450mm wafer infrastructure, facilities, resources, and know-how, which are unparalleled worldwide. In addition, a publicity and marketing campaign is being prepared to generate interest and participation from Israel’s corporate and academic entities.

The centerpiece of the collaboration is the NanoCollege, the most advanced nanotechnology education, research, development, and deployment enterprise in the world. With more than $14 billion in high-tech investments, over 300 global corporate partners, and a footprint that spans upstate New York, CNSE is uniquely positioned to support this first-of-its-kind partnership.