On Friday, Representatives from Rutgers, Israel’s Tel-Hai College and its Economic Development Taskforce, Choose NJ and the New Jersey state government gathered at the new facility for Rutgers’ New Jersey Institute for Food, Nutrition & Health.The panel discussed prospects and implications of a joint venture between the two colleges, Rutgers and Tel-Hai, in regard of spurring innovation of treating health issues with food and the resulting economic boost of such innovation.
After speeches from representatives from the involved institutions, the speakers signed a memorandum of understanding to launch the New Jersey-Israel Health, Functional, Medical Foods Alliance.
Lou Cooperhouse, director of the Rutgers Food Innovation Center, highlighted the eight major tenants of the partnership:
- Scientific research and academic cooperation
- Applied research and commercialization
- Public Policy
- Entrepreneurship training and education
- Business incubation and acceleration
- Corporate R&D cooperation and joint venturing
- Student cooperation, exchange and experiential learning
- Community health and nutrition education
Erel Margalit, member of the Knesset, Israel’s Economic Development Taskforce of Knesset, said the partnership holds the potential to be as influential as another benchmark in the New Jersey economy.
“If you remember, fifteen years ago, it was voice, then data and now video,” he said. “The biggest process and cooperation were the Bell Labs people and Israelis that were building the fiber, the wireless and all these strategies that really opened the world of communications.
“I think this is the Bell Labs of agriculture, food and technology.”