Recently, Guangdong Technion - Israel Institute of Technology (GTIIT) and National Innovation Center par Excellence (NICE) have signed an agreement to jointly establish the “NICE-GTIIT Proof-of-Concept Fund”, helping to bridge the “last mile” in translating university scientific research achievements into practical applications.

Prof. Liu Qing, President of Jiangsu Industrial Technology Research Institute and Director of NICE; Prof. Shi Gongqi, Management Committee member of NICE; Prof. Eli Aljadeff, Acting Vice Chancellor of GTIIT; Prof. Moris S. Eisen, Pro-Vice Chancellor for Academic Affairs of GTIIT; Yigal Cohen, Pro-Vice Chancellor and Director General of GTIIT; Dr. Queena Yi, Pro-Vice Chancellor of GTIIT and Michael Lv, Director of GTEC, attended the meeting.

During the meeting, Prof. Liu Qing introduced the NICE’s extensive experience in tech commercialization and the design framework of Proof-of-Concept Fund. Prof. Moris S. Eisen noted that GTIIT values both basic and applied research, with top–level research teams and labs that have yielded significant scientific achievements in recent years. Prof. Eli Aljadeff expressed confidence in this cooperation and proposed using the fund to attract more Israeli research institutions, thereby promoting higher-level China-Israel technological cooperation.

Later, the two parties discussed details of this ten-million-level Proof-of-Concept Fund cooperation and agreed to annually select certain high–potential projects for proof-of-concept support. This will boost the maturity of scientific and technological achievements, driving their transition from lab to market.

Proof-of-concept involves verifying scientific and technological achievements across dimensions such as technology, market, and industry. Its goal is to confirm technical feasibility, assess commercial value, and evaluate market potential. This process is crucial for attracting social capital to support the transformation of scientific and technological achievements into products. The signing of this ten-million fund project aligns with national tech development, marks a milestone in GTIIT’s sci-tech cooperation with various sectors and will elevate GTIIT’s research level and influence to new heights.

长三角国创中心

National Innovation Center par Excellence

NICE, jointly built by relevant institutions in the city of Shanghai and Provinces of Jiangsu, Zhejiang and Anhui, is a comprehensive national technology innovation center approved by the Ministry of Science and Technology of China. NICE is ranked alongside the NCSTI and GBA NCTI as one of the three major national innovation hubs.

Text：GTIIT News & Public Affairs、GTEC

Photos: GTIIT News & Public Affairs