IIT-B is part of a consortium that includes New York University, University of Toronto, UK's University of Warwick, City University of New York and Carnegie Mellon.
The Indian Institute of Technology-Bombay (IIT-B) and Noida-based Amity University are among 15 institutions worldwide that have submitted bids to New York City to set up a science and engineering campus there under a plan by Mayor Michael Bloomberg to drive local economic growth and to create jobs.
The city received seven proposals from 17 institutions. The selected institute's name will be announced in January 2012 after an extensive selection process that will choose a project which generates the greatest benefit to the city and its taxpayers, Bloomberg said in a news conference in New York.
The winner of the 'Applied Sciences NYC' initiative will get incentives like free city land and as much as $100 million in capital for the project.
IIT-B is part of a consortium that includes New York University, University of Toronto, UK's University of Warwick, City University of New York and Carnegie Mellon.
The consortium is proposing to set up a centre for urban science and research in downtown Brooklyn for more than 500 graduate students.
Amity University has submitted a proposal to set up a campus in Governor's Island near New York.
The other institutes that responded to the 'request for proposals' include Steiner Studios, Columbia University, Cornell University, Technion-Israel Institute of Technology, New York Genome Center, Mount Sinai School of Medicine, Rockefeller University, SUNY Stony Brook and Stanford University.
“...A new applied sciences campus has the potential to be a real economic game changer that will create jobs immediately, and for generations,” Bloomberg said.
The mayor had in July invited proposals from universities, institutions and consortiums to develop and operate a “new or expanded state-of-the-art” campus in the city dedicated to engineering and the applied sciences. The proposals contain plans for new facilities ranging from 4 lakh sqft to over 2 million sqft.
The institutions propose private investments of more than $800 million in the first phases of their projects and this could be increased to $2.5 billion over a long-term.
Proposals feature plans for new labs, classroom and research space, and new spaces open to public and for companies that will spin out from these institutes. The campus will focus on information technology, digital media, sustainable urban growth, electrical engineering, public health, genome sequencing and computer science.
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