cornell_courtyardDr. Irwin Mark Jacobs, founding chairman and CEO Emeritus of Qualcomm, and his wife Joan Klein Jacobs, have made a $133-million gift to Cornell University and the Technion-Israel Institute of Technology to create the Joan and Irwin Jacobs Technion-Cornell Innovation Institute (JTCII).

The JTCII permanent campus will be located on Roosevelt Island. The funds will help support curriculum initiatives, faculty and graduate students, and industry interactions in a two-year graduate program.

The Jacobses are both Cornell alumni who have a long history of supporting both Cornell and the Technion-Israel Institute of Technology.

The JTCII plans to offer a two-year interdisciplinary program where students earn dual master degrees concurrently — one from Cornell and one from the Technion. The first area of specialization will be in Connective Media, and is slated to begin in the fall of 2014.  A program for Postdoctoral Innovation Fellows is expected to launch in Fall 2013.

[Image courtesy: Cornell University]