Cornell University plans to announce on Tuesday that it is joining forces with Technion-Israel Institute of Technology in its bid to build a science graduate school in New York City. Technion, a highly regarded university in Haifa that is heavily focused on computer science and electrical engineering, has been a crucial incubator for businesses in Israel’s high-tech boom.
Cornell was already seen as a leading candidate in the city’s competition to start a new campus of applied sciences. Its chief competitor is Stanford University, which is vying for the same piece of city-owned land on Roosevelt Island; Columbia, New York University and Carnegie Mellon are also contenders.
Mayor Michael R. Bloomberg wants to create a school whose alumni and staff will spin off high-tech business that would take root nearby, akin to the way Stanford has fueled the growth of its region, Silicon Valley.
Officials from both institutions said the core of the proposal they will submit next week will be for Technion-Cornell Innovation Institute, which would eventually confer joint degrees from both schools. Other portions of the new campus would be run solely by Cornell.
“The students will have the opportunity to be taught by both Technion and Cornell faculty,” said Dr. David J. Skorton, the president of Cornell. “The faculty from the two universities will have the opportunity to work together in their teaching and research.”
With formal proposals due Oct. 28, and a selection promised by year’s end, the contenders continue to look for tactical advantage. Last week, Stanford and City College of New York announced a collaboration that would deepen if Stanford were chosen to build the new campus.
Technion was among 18 institutions worldwide that submitted outlines in March expressing interest in the competition. But as a public university, it is not in a position to make a significant capital contribution to the project, said Peretz Lavie, the president of Technion.
In the new arrangement, which has been under discussion for months, Cornell would construct the campus, which could eventually grow to 2 million square feet of building space, and cost more than $1 billion.
“We had to find an American partner,” Mr. Lavie said. “We didn’t believe that we can do it alone.”