The flow of electricity in the human body developed in a similar way to naturally occurring electricity in the environment, which could open the door to medical and scientific breakthroughs.
A doctoral student at the Technion has invented a soft electricity-conducting polymer that is elastic and waterproof, and can heal itself in the event of an 'injury' even if cut apart.
The funds, which will be allocated over a period of five years, will facilitate dozens of research programs each year in a variety of fields, expanding on the handful currently being carried out.
Colorado, one of 12 US states conducting joint projects with Israel, signed an R&D agreement in Jerusalem aimed at establishing parallel funding for companies from both countries.
Israeli and Mexican firms will fund joint R&D projects, including water management, desert agriculture, pharma and medical devices, electronics and communication.