Technion graduates established more than 1,600 companies within 20 years. These companies created more than 100,000 jobs and generated $30 billion.
SNI was asked by the President of the Technion, Prof. Peretz Lavie, to conduct a study that consists of collecting and analyzing information on Technion graduates who founded companies or occupy senior management positions in Israel or abroad and of companies based on knowledge generated at the Technion.
The research findings show that from 1995 to 2015, about 1,300 Technion graduates were involved in the setting up and management of 1,600 companies in Israel; about half of these are still active today. These companies generated revenues of over 30 billion dollars and created about 100,000 jobs in Israel.
In addition, about 170 Technion graduates established or hold a senior position in overseas companies, and 134 companies were established on the basis of studies conducted by faculty members at the Technion. In total, in the last 20 years more than 1,900 companies have been established in Israel and abroad, involving alumni, faculty members, and knowledge generated at the Technion.
Link to an article in YNET.
