Fraunhofer To Partner With Wertheimer For Research Funds

November 23, 2014 | Fraunhofer-Gesellschaft, Europe’s largest organization for applied research, will partner with Israeli industrialist Stef Wertheimer to encourage investments in the public sector. In addition, Fraunhofer and Wertheimer have signed a letter of intent to establish a joint communications platform at the Lavon industrial park, which Wertheimer owns. Fraunhofer hopes that by engaging in Israel the entities will be able to launch joint research projects, create an educational transfer and organize scientist exchanges. To date, Fraunhofter maintains 67 institutes and research units, with an annual budget of over €2 billion.