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The American Technion Society on Oct. 29 announced a new fundraising campaign, “Innovation for a Better World.” The campaign will take six years to complete and is expected to bring in a half-billion dollars.
According to a release, the campaign is meant to support the Technion-Israel Institute of Technology in its quest to build academic excellence and create a smarter, healthier and safer world. Nearly $240 million of the fundraising goal already has been raised during the campaign’s three-year “quiet” phase.
“Technion brainpower is responsible for much of the growth and development of the State of Israel, and ATS supporters, through their support of the Technion, have had a direct impact on the country’s leadership in science and technology,” said
incoming ATS President Scott Leemaster.
The Technion’s transformation from a little-known university in Haifa to a world-class center of global science and technology research is well documented, and the American Technion Society has played a key part in its growth and achievements. The generosity of ATS donors has literally changed the face of the Technion campus and helped make possible recent achievements, including the university’s third Nobel Prize winner in seven years and the selection last year of a Technion-Cornell University partnership to transform New York City into a leading global technology center.
“Funding in our priority areas is critical if the Technion is to continue to lead by innovation,” said Technion President Peretz Lavie, noting that the Technion has identified recruiting and retaining topnotch faculty, attracting students who excel, on-campus housing and investment in interdisciplinary research and in new state-of-the-art facilities as its major thrusts.
“The Technion continues to view our contributions to Israel’s economy and security as important priorities, and in addition we are ready to share our expertise to help people advance all over the world,” Lavie said