The foundation stone of a new museum dedicated to the most innovative Israeli technologies was laid at a ceremony at the Peres Center for Peace this week in Tel Aviv. Known as the Israeli Innovation Center, the museum will tell the story of Israel and its cutting edge inventions that have changed the lives of millions of people around the world.

Israeli President Reuven Rivlin, Prime Minister Benjamin Netanyahu, and former President Shimon Peres took part in this week’s ceremony.

The finished museum will be spread over four floors of the Peres Center building and is expected to open its doors to the public in 2018.

Peres has said that in order to continue moving Israel forward and maintaining its advantage as a powerhouse and global leader in innovation, it is important to educate the future generations to think outside the box.

The Israeli Innovation Center’s vision “is to create the next generation of Israeli entrepreneurs, necessary to maintain Israel’s international position as a technological power,” said Peres.

“Innovation stops very quickly in societies that fail to combine lateral higher education and a climate that encourages business and free enterprise,” Netanyahu said at the ceremony.

Among the many innovations to be exhibited at the new museum are technologies including drip irrigation, Waze, Pillcam, and ReWalk.