Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button

Home > Press > SUNY Levin Institute, Empire State Development Facilitate Collaboration to Drive Economic Opportunities Across New York State

Abstract:
As part of the iNY series, the State University of New York Levin Institute and Empire State Development (ESD) this week brought together more than 150 investors, entrepreneurs, and supporters to develop an innovation roadmap for New York State.

SUNY Levin Institute, Empire State Development Facilitate Collaboration to Drive Economic Opportunities Across New York State

New York, NY | Posted on July 3rd, 2012

For the first time, the six funds of the newly formed Innovate New York program outlined investment trends and business opportunities for New York entrepreneurs, at a conference held yesterday at the SUNY Global Center in New York City. Attendees discussed the best ways to connect talent, capital and business expertise in the different regions, including Buffalo, Rochester, Syracuse, New York City, Long Island, and Albany.

Established by ESD, Innovate New York is a federally-funded $25 million seed stage equity fund to support innovation and high-growth entrepreneurship that will lead to the creation of thousands of new jobs in New York State.

"Fostering innovation is a key priority for our state. It is the driver for sustainable economic development," said Steve Cohen, Deputy Commissioner of ESD. "Our mission is to strengthen innovative businesses in New York State and provide them with the ecosystem - access to capital and talent - that will make them successful."

One of New York's greatest success stories is the Albany NanoTech Complex, the world's largest incubator for nanotech technologies with $14 billion of capital investment. Based at the College of Nanoscale Science and Engineering (CNSE), the Complex hosts more than 2,600 scientists, researchers, engineers, and technicians - up from only 72 jobs in 2001.

According to keynote speaker Dr. Alain Kaloyeros, Senior Vice President and Chief Executive Officer of CNSE, nanotechnology has turned the innovation paradigm upside down.

"The world has become a nanotechnology-enabled super innovation highway, and through the vision and leadership of Governor Andrew Cuomo in further building a robust nanotechnology sector, New York is in a prime position to capitalize," Kaloyeros said, adding that the success of an innovation-based economy highly depends on the commitment to education and to the development of talent - including highly-skilled engineers and scientists - that can turn technical concepts into successful business models.

According to a report by Excell Partners, only 4 percent of the nation's total venture capital typically comes to New York State. New York has 8 percent of the nation's university R&D expenditure, representing a significant untapped potential for using innovation as the basis for economic development.

"To execute on our commitment to support entrepreneurs with innovative ideas, we need to build a strong statewide network that links talent, capital and business expertise. Collaboration among the regions will allow entrepreneurs to get the resources they need to be successful and bring economic benefits for the entire state," concluded Thomas Moebius, Director of SUNY Levin Institute.

The iNY program series is designed to increase the commercial success of scalable companies across New York State. It offers innovation-based companies access to mentors, financing, and best practices.

For more information, visit the iNY website and watch the program replays. Follow us on Twitter at @iNY and @Levin_Institute

About Empire State Development

Empire State Development (ESD) is New York's chief economic development agency (www.esd.ny.gov). The mission of ESD is to promote a vigorous and growing economy, encourage the creation of new job and economic opportunities, increase revenues to the State and its municipalities, and achieve stable and diversified local economies. Through the use of loans, grants, tax credits and other forms of financial assistance, ESD strives to enhance private business investment and growth to spur job creation and support prosperous communities across New York State. ESD is also the primary administrative agency overseeing Governor Cuomo's Regional Economic Development Councils and the marketing of "I Love NY," the State's iconic tourism brand. For more information on Regional Councils and Empire State Development, visit www.nyworks.ny.gov and www.esd.ny.gov.

About the State University of New York

The State University of New York is the largest comprehensive university system in the United States, educating nearly 468,000 students in more than 7,500 degree and certificate programs on 64 campuses with nearly 3 million alumni around the globe. To learn more about how SUNY creates opportunity, visit www.suny.edu.

####

For more information, please click here

Contacts:
Rhea Galsim
Phone: 1 (917)-652-6049


SUNY Contact:
David Doyle

518-320-1311

ESD Contact:
Jason Conwall

518-292-5107

Levin Contact:
Katja Schroeder

917-652-6049

Copyright © SUNY Levin Institute

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

News and information

Ag/ZnO-Nanorods Schottky diodes based UV-PDs are fabricated and tested May 26th, 2017

New metamaterial-enhanced MRI technique tested on humans May 26th, 2017

Controlling 3-D behavior of biological cells using laser holographic techniques May 26th, 2017

Unveiling the quantum necklace: Researchers simulate quantum necklace-like structures in superfluids May 26th, 2017

Jobs

Forge Nano 2017: 1st Quarter Media Update April 20th, 2017

Participate in the development of Malaysia’s National Graphene Action Plan 2020 October 10th, 2016

Leading Advanced Materials Manufacturer Pixelligent Closes $10.4 Million in Funding: Capital Will Boost Capacity for North American Manufacturing, Drive Asian Expansion, and Continue Innovation in Solid State Lighting and OLED Display Applications August 16th, 2016

SUNY Poly Welcomes DPS as the Global Engineering Firm Opens Its U.S. Advanced Technology Group Headquarters at Cutting-Edge ZEN Building November 20th, 2015

Govt.-Legislation/Regulation/Funding/Policy

New metamaterial-enhanced MRI technique tested on humans May 26th, 2017

Controlling 3-D behavior of biological cells using laser holographic techniques May 26th, 2017

Unveiling the quantum necklace: Researchers simulate quantum necklace-like structures in superfluids May 26th, 2017

Researchers find new way to control light with electric fields May 25th, 2017

Announcements

Ag/ZnO-Nanorods Schottky diodes based UV-PDs are fabricated and tested May 26th, 2017

New metamaterial-enhanced MRI technique tested on humans May 26th, 2017

Controlling 3-D behavior of biological cells using laser holographic techniques May 26th, 2017

Unveiling the quantum necklace: Researchers simulate quantum necklace-like structures in superfluids May 26th, 2017

Events/Classes

Nanomechanics, Inc. to Exhibit at the SEM Conference: Nanoindentation experts will attend and exhibit their instruments at the Conference and Exposition on Experimental and Applied Mechanics in Indianapolis May 25th, 2017

Leti to Demo 1st Wireless UNB Transceiver for ‘Massive Internet of Things’ at RFIC 2017 and IMS 2017: Leti Will also Present Three Papers & Two Workshops on 5G Communications IC Design, from RF to mm-Wave, During IMS 2017 and RFIC 2017 in Hawaii May 24th, 2017

Leti Will Demo World’s-first WVGA 10-µm Pitch GaN Microdisplays for Augmented Reality Video at Display Week in Los Angles: Invited Paper also Will Present Leti’s Success with New Augmented Reality Technology That Reduces Pixel Pitch to Less than 5 Microns May 22nd, 2017

Oxford Instruments Asylum Research and Microscopy and Analysis Present the Webinar: “Video-Rate Atomic Force Microscopy Enables New Research Opportunities” May 9th, 2017

Alliances/Trade associations/Partnerships/Distributorships

California Research Alliance by BASF establishes more than 25 research projects in three years April 26th, 2017

BASF and Landa partner to create revolutionary pigments for automotive coatings: The alliance combines BASF innovations with Landa nano-pigment technology April 5th, 2017

Leti Announces EU/South Korean Project for World’s First 5G-system Prototype: Coinciding with the 2018 Winter Games in PyeongChang, Korea, Prototype Will Be First Time State-of-the-art Terrestrial Wireless Communication Is Seamlessly Combined with Disruptive Satellite Communicati April 4th, 2017

ATTOPSEMI Technology Joins FDXcelerator Program to Deliver Advanced Non-Volatile Memory IP to GLOBALFOUNDRIES 22 FDX® Technology Platform: Leading-edge I-fuse™ brings higher reliability, smaller cell size and ease of programmability for consumer, automotive, and IoT applications March 27th, 2017

NanoNews-Digest
The latest news from around the world, FREE



  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More











ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project