June 20, 2012, category: Bio-Pharma (Rebecca),Investment (Nili)
GOVERNOR PATRICK AND ISRAELI CHIEF SCIENTIST AVI HASSON ANNOUNCE FIRST ROUND OF MASSACHUSETTS-ISRAEL INNOVATION PARTNERSHIP GRANTS AT BIO CONVENTION
BOSTON – Tuesday, June 19, 2012 – Governor Deval Patrick today joined Israeli Chief Scientist Avi Hasson and MATIMOP, the Israeli implementation agency on behalf of the Office of the Chief Scientist (OCS), to announce the first round of grants awarded under the Massachusetts-Israel Innovation Partnership (MIIP). MIIP is a formal collaboration between the State of Israel and the Commonwealth of Massachusetts to encourage and support innovation and entrepreneurship between Massachusetts’ and Israel’s life sciences, clean energy and technology sectors. A total of at least $1.3 million is being awarded to four research & development (R&D) collaborations between Massachusetts and Israeli companies that have been jointly approved by the funding agencies on both sides. The total budget of the awarded projects is estimated at approximately $3 million. The Massachusetts awardees are located in Natick, Needham, North Billerica and Wilbraham.
“This partnership represents a significant commitment to ensure the long-term success of our economy in Massachusetts by exploring growth opportunities and common interests within the Commonwealth’s and Israel’s innovation-based sectors, including life sciences, clean energy and technology,” said Governor Patrick. “We are proud to support these four R&D collaborations, and we look forward to seeing the new jobs and new technologies that will come as a result.”