On 19 December, Haaretz reported that Cornell University and Technion will partner to build an applied sciences campus in New York City. Seven international universities and consortiums had submitted bids to build the campus, but at a news conference viewed live in the Technion campus in the presence of the institution’s recent Chemistry Nobel Prize Laureate, Prof. Dan Schechtman, NY Mayor Michael Bloomberg announced the choice of the Technion. City officials hope this campus will help transform new York into a center for entrepreneurship and technology innovation to rival California’s Silicon Valley. Cornell and Technion have promised city officials the program will be up and running before the end of 2012. Israel’s New York Consul General Ido Aharoni, warmly welcomed the decision and the opportunity “to introduce Israel’s creative spirit to New York City’s new technological center”.