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November 29th, 2007
Nanotechnology R&D flourishes in Israel
Nanotechnology R&D is growing rapidly in Israel, with 81 nanotechnology companies and 326 academic researchers in the country. This is according to a website built by D&A Knowledge Center, which maps the country's nanotechnology sector.
The country's nanotechnology program, called the Israel National Nanotechnology Initiative (INNI), provides 3-to-1 matching funds for all private donations to nanotech centers, effectively producing over $230 million in funding for Israeli nanotech centers through 2011. According to Eli Opper, the chief scientist of Israel's Ministry of Industry, Trade and Labor, one third of the money will come from Israeli ministries, one third from donors residing outside of Israel, and the rest from funded universities or institutes.
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