Successful partnerships are the key to developing Israel's research capabilities in nanotechnology. Recognizing this, a unique new 3-way donation matching program was created that is now the basis for funding Israel's major nanotech university research centers.
The Triangle Donation Matching program, established in close coordination with Israel's universities and government, provides explicit matching funds from both the university and the government -- tripling the potential value of a benefactor's gift to an Israeli nanotech R&D center. To be eligible, donations must be earmarked to centers that comply with conditions of the fund matching program and most effectively support Israeli excellence in basic and applied nanotech research.
The Triangle Donation Matching program was first used in early 2005 to establish the Russell Berrie Institute for Research in Nanotechnology
at Israel's Technion. A generous $26 million donation from the Russell Berrie Foundation was matched by both the Technion Institute and the government's Office of the Chief Scientist and Ministry of Finance, creating $78 million in total funding. The Berrie Institute has become one of the best-funded nanotech centers in the world.
In September 2006, the Triangle donation matching program was formally broadened to benefit another five Israeli universities.