The Ben Gurion University of the Negev (BGU), and New Jersey Institute of Technology (NJIT) are teaming up to create the Institute for Future Technologies in New Jersey. The partnership between the two powerhouse institutions in the fields of cyber technologies and environmental engineering will offer dual degrees and exciting new research opportunities.
“NJIT is one of the state’s premier STEM-focused universities, and BGU is one of the driving forces behind the success of Israel’s technology economy,” said Murphy. “By joining together in this groundbreaking venture, NJIT and BGU will combine their expertise and track records in technological research and development to help strengthen the economic opportunity and tech leadership that I have long envisioned for our state.”
The Institute for Future Technologies will combine the academic and research capacities of two global institutions, creating the region’s next hub of technological innovation. The partnership by NJIT and BGU aims to provide bespoke cyber technologies, civil and environmental engineering education, will conduct applied research and development, and will support innovation and entrepreneurship through technological commercialization efforts. The Institute’s mission is to deliver:
Education – Offerings from dual NJIT-BGU graduate degrees for local students, to corporate training programs
Applied Research – Opportunities for Ph.D. students and research staff, based on corporate, government, and defense R&D projects and funding
Innovation and Entrepreneurship – Promoting technology transfer and commercialization of R&D and other intellectual property from NJIT, BGU and other sources, including launching ventures and spinoffs
Operating out of both NJIT’s satellite location in the waterfront section of Jersey City as well as its main campus in Newark, the Institute will be easily accessible from the World Trade Center and the Financial District in Lower Manhattan. As companies move and expand operations across the Hudson River into Jersey City, the Institute is positioned to serve the entire metropolitan region.
The Institute represents BGU’s first foray into the U.S. higher education system and signals its determination to offer the valuable research and insights it produces for the benefit of students outside of Israel.
As the tristate region’s largest generator of tech talent, NJIT has an annual economic impact of more than $2.8 billion on the State of New Jersey. The Institute for Future Technologies will be NJIT’s next contribution to the region’s rapidly expanding tech sector.
“NJIT continuously is evolving to preserve and improve New Jersey’s leadership in technological innovation,” said NJIT President Joel S. Bloom. “International partnerships, especially with world-renowned and tech-driven universities, are a natural step in this direction and represent a major opportunity for NJIT and New Jersey. We look forward to importing some Israeli ‘chutzpah’ and Startup Nation culture to the region as we build our joint Institute together.”
“The launch of the Institute for Future Technologies solidifies New Jersey’s status as a technology hub,” said Jose Lozano, President & CEO, Choose New Jersey. “Our thriving ecosystem is leading the way in offering world-class education, developing top talent, and advancing research. The State of Innovation and the Startup Nation have always enjoyed a close relationship, and this collaboration will only strengthen our economic and cultural ties.”