The national program "Faculty For Factory" is considered one of the new channels aiming to create a genuine partnership between industrial sectors and academic institutions. Working on developing the relationship includes that both sides of the equation understand their objectives, while taking into account the compatibility between the expectations on one hand, and the application dimension of developing and implementing projects - in line with the actual needs for industry- and without failure in achieving the academic goals on the other. Faculty For Factory program has performed an important and significant role in strengthening the relationship between industry and academic institutions – as acknowledged by both parties - as a mechanism able to understand the desired goals and the real situation of industry needs, as well as to overcome most obstacles and difficulties known to hinder the relationship’s development to the desired level.