The Milken Innovation Center is the hub organizing, managing, and strengthening networks that are leading to research and development collaborations, financial innovations, and practical, ready-to-go solutions.

We are implementing a strategy to introduce sustainable water technologies in California’s farms, industry, and municipalities.  In partnership with Israel’s NewTech office at the Ministry of Economy, the Center is working with policy, industry, and research leadership in Israel and California to introduce new programs, regulation, and financial mechanisms.  The Milken Innovation Center is expanding the scope of this partnership to include the translation of Israel’s agrotech successes to the California Market with a Financial Innovation Lab in June.

Outcomes

  • Israeli companies conducting new business in water technology sector in California, including Aqwise, IDE, Netafim, Amiad, Ayyeka, Cropx, ToxSorb, Altantium, and others.
  • Using proposals from the Water Financial Innovations Lab, policy leadership group led by the California Governor’s Office have launched a working group to adjust existing farm and municipal financing programs to encourage the adoption of water saving technologies among California’s municipal water districts and farms.

Timeline

MARCH 2014 – MOU SIGNED

May, 2016 – Milken Institute Global Conference Panel on implementing sustainable water solutions in California.

April, 2016 – Water and Agritech demonstration and clearinghouse proposal by Office of Policy Management, California Governor’s Office

May, 2017 – Avi Hasson, Chairman, Israel Innovation Authority signs new Cal-Israel MOU on Co-Innovation/Co-Investment with University of California Office of the President–Christine Glauberson, Chief Innovation Officer. Chief Investment Officer, Nathan Brostrom looks on.  University of California- Berkeley

Partners

The Rosalinde and Arthur Gilbert Foundation

Blum Capital Partners, LP

Jacobs Investment Company LLC

Leichtag Foundation

Arison Investments

Mitchell R. Julis

University of California – Berkeley

University of California – Los Angeles

University of California – Irvine

University of California – San Diego