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Mount Sinai Receives $5 Million in Funding from the NYC Economic Development Corporation to Establish New Institute of Technology
Date:12/4/2013

ces, and computer-driven visualization technology.

Working in conjunction with Rensselaer Polytechnic Institute, the Mount Sinai Institute of Technology will feature educational offerings, including the recently launched PhD in Design, Technology, and Entrepreneurship. MSIT will also explore support for other degree programs, including the potential creation of a technology development track in the existing Master of Public Health degree program and a new Masters in Biomedical Informatics.

MSIT’s entrepreneurial activities, including the 4D Technology Development Program, will be managed through the Center for Technology, Innovation, and Entrepreneurship (cTIE) at Mount Sinai.

The Institute of Technology joins a prestigious group of other specialty institutes and centers of excellence at the Icahn School of Medicine at Mount Sinai that are carrying out groundbreaking and innovative initiatives to advance basic science and research. “We are grateful to the New York City Economic Development Corporation and the administration of Mayor Michael R. Bloomberg for their generous support in helping to make MSIT a reality,” said Dr. Charney. “The City has long recognized the need to expand applied science education and to establish research facilities for these efforts. The work that we’ll carry out at the Institute – from basic research to developing medical technology and devising effective treatments – will ultimately go a long way toward helping improve patient outcomes and the quality of life for people in New York City and beyond.”

“Growing New York City’s bioscience industry is a central goal in NYCEDC’s efforts to diversify the economy, spur entrepreneurship and promote high-growth industries in which the City has competitive advantages,” said NYCEDC President Kyle Kimball. “Through this initiative with Mount Sinai and our overall investments in the bioscience ecosystem, we have helped build an engine for innovation and e
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