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Iranian Jewish group’s ‘Project Jacob’ to spur commercial research in Israel

URL: http://www.jewishjournal.com/giving/article/iranian_jewish_groups_project_jacob_to_spur_commercial_research_in_israel_2

For a little more than three decades, the Los Angeles-based International Judea Foundation (known as SIAMAK), among the oldest and most active of the local Iranian Jewish nonprofits, was known for looking out for the needs of the Iranian Jewish community here and abroad. Now, as the local Iranian Jewish community has matured and prospered in Southern California, SIAMAK has turned some of its focus to Israel, creating a program to nurture and develop innovative medical, high-tech and alternative energy research at Israel’s Ben-Gurion University (BGU). Dubbed “Project Jacob” after the biblical patriarch, the program is the brainchild of Dariush Fakheri, SIAMAK’s president, a businessman and entrepreneur who lives in Encino. With an initial investment of $200,000 last February, SIAMAK funded three projects at BGU.

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