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An epicenter of Tel Aviv University business ingenuity

Miles S. Nadal Home for Technological Innovation and Entrepreneurship inaugurated as epicenter of Tel Aviv University business ingenuity

TEL AVIV, ISRAEL & TORONTO, CANADA, June 16, 2017 – Prof. Joseph Klafter, President of Tel Aviv University (TAU), announced the naming of the Miles S. Nadal Home for Technological Innovation and Entrepreneurship in honour of Miles Nadal and his family for their donation to TAU Ventures.

Dedicated on May 19, 2017 as part of Tel Aviv University’s Board of Governors annual meeting, the space will house TAU Ventures, an ambitious initiative aimed at combining all of the entrepreneurial activity on campus. The facility will be a buzzing, one-stop shop for students to seek business development advice; brainstorm with mentors and partners; work on prototypes in specially-designed labs; receive training from StarTAU, one of the largest community entrepreneurial non-profit organizations in the world; enjoy business services from Ramot, TAU’s intellectual property and technology transfer company; and more.

At the dedication ceremony, TAU President Joseph Klafter said, “This project is helping to fulfil one of the University’s highest priorities: to train the next generation of business innovators and leaders.” Prof. Klafter lauded Mr. Nadal and his enthusiasm for fulfilling this objective. “Miles loves young people. He loves to see them fulfill their potential, and he’s dedicated to making that happen. Indeed, these young people will be following in the footsteps of Miles himself, a successful entrepreneur in real estate, investment management and advertising who has contributed immensely to shareholder value.”

Miles Nadal underscored his commitment to new business ventures and said, “Israel knows how to do entrepreneurship best.” TAU has proven itself capable of “creating tomorrow’s reality today” in its unrelenting pursuit of the unknown, according to Mr. Nadal. He explained that with the new Home for Technological Innovation and Entrepreneurship, he sees an opportunity to contribute to TAU’s efforts to help Israel and the world.  He said he was certain that TAU Ventures would reap “incredible” results.

Stephen Adler, Executive Director of the Canadian Friends of Tel Aviv University for Ontario and Western Canada commented, “Through this donation, Miles continues to demonstrate his commitment to Tel Aviv University by not just supporting the University philanthropically but by investing his personal capital. We are grateful for the support of Miles and look forward to working with him and the community to strengthen ties between Canada and Israel’s leading university.”

Prof. David Mendlovic, Chairman of TAU Ventures, as well as several entrepreneurs and key figures from the venture capital field in Canada and Israel spoke at the ceremony and reinforced the great potential of a TAU innovation center.

About Miles S. Nadal

Miles S. Nadal is an international entrepreneur, philanthropist, and the founder of Peerage Capital Group, a private investment firm whose principal focus is Peerage Business Partners, a leading business services organization founded on the principle of “The Power of Human Capital.”

Peerage has an outstanding track record of building businesses over the past 35 years, using a professional partnership model inspired by Miles. Through value-added services that enhance the sustainable, profitable growth rate of a partner organization, Peerage has had proven success in maximizing shareholder and enterprise value.

Miles is also well known for his support of important local and international community and charitable organizations, especially in the areas of health care, youth and education and entrepreneurship.  He provided the keystone gift for the rebuilding of Toronto’s Bloor Jewish Community Centre (now the Miles S. Nadal Jewish Community Centre), and his philanthropy is behind the construction of the Miles and Kelly Nadal Youth Centre for the Toronto Kiwanis Boys and Girls Clubs. Other significant contributions to educational causes include the funding of York University’s Miles S. Nadal Management Centre in downtown Toronto; University of Miami School of Communication’s Koenigsberg and Nadal Interactive Media Center; and the Miles S. Nadal Institute for Technological Entrepreneurship at Tel Aviv University (where he currently sits as a Governor and member of their Campaign Cabinet).

 

 

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