Peres sets up $1 million grant for brain research

Sep 12, 2012, 11:58 AM EDT

JERUSALEM (AP) — Israel's president Shimon Peres has launched a $1 million grant program to pursue innovation in brain research technology.

Peres says he hopes the initiative will help turn Israel into an international hub for innovation in brain research technology.

The fund is open to researchers from around the world. The grant of $1 million will awarded next year.

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