12/19/2013 9:32:24 AM

Times Union: Israeli scientists, engineers arriving next year

5 semiconductor firms will be selected to join partnership in Albany


The first wave of Israeli scientists and engineers participating in a five-year, $3 billion research program with the SUNY College of Nanoscale Science and Engineering is expected to arrive in Albany early next year.

The Israeli Industry Center for Research & Development, also known as MATIMOP, is likely to select about five semiconductor companies to join the Albany partnership through a competitive bidding process that ends Dec. 31. The Israeli government is funding the program to the tune of about $300 million annually, with the companies required to provide matching funding.

About 150 Israeli scientists and engineers will participate initially, both in Albany and Israel. However, that number is expected to quadruple over the next three to five years as another 15 companies are selected to join. CNSE has said previously that potentially hundreds of Israeli technology workers and their families could move to Albany for work assignments.

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