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NEWS
What's new for July 2006
June 29, 2006
NYSTAR ANNOUNCES TECHNOLOGY DEVELOPMENT AWARDS
Initiative Creates Greater Regional Economic Growth
Russell W. Bessette, M.D., Executive Director of the New York State Office
of Science, Technology and Academic Research (NYSTAR), today announced
awards totaling $9.2 million annually for its Regional Technology Development
Center (RTDC) program an initiative designed to help the States
small and medium-sized manufacturing and technology-based businesses be
more successful in the new economy.
Since its inception, the RTDC initiative has provided special services
to a range of businesses from new technology-based start-ups in need of
basic business advice to mature manufacturing organizations in need of
new technologies and methods to modernize their operations, Dr.
Bessette said. This program has helped both small and medium-sized
manufacturing and technology-based businesses become more competitive
as well as to help build the States high-technology economy.
NYSTAR officially designates RTDCs in all 10 of the States economic
development regions. The RTDC program is an integrated service delivery
program that draws on three related programs: the State Technology Development
Organization program, the State Industrial Technology Extension Service
program, and the Federal Manufacturing Extension Partnership program.
RTDCs currently provide services in each of the 10 regions, and these
awards are designed to further strengthen the program.
Through the RTDC program, NYSTAR provides funds to support a statewide
network of regional, non-profit organizations whose mission is to provide
basic and specialty services to small and medium-sized manufacturers,
science and technology-based businesses and start-ups in need of basic
business advice and new technologies and methods to modernize their operations.
The total credited economic impact of the RTDC program for the 5-year
period ending in 2005 is $1.56 billion. As a result of the RTDC program,
10,583 jobs have been created and retained in New York State.
\The objectives of the RTDC program are to improve the competitiveness
and increase the market share of small- and medium-sized businesses in
New York through the introduction of new technology and best practices
(including management, quality and productivity improvements); create
and retain jobs in New York; increase investment in and investment by
New York manufacturing and technology-based companies; facilitate the
movement of technology discoveries from academic research centers into
creation of new companies or the expansion of existing New York State
companies; and increase the economic benefits to New York State companies
and the State resulting from SBIR-funded technology research and commercialization.
With these awards, NYSTAR designates these organizations as the New York
State RTDC for their respective regions for a five year period.
The RTDC designees are as follows:
Alliance for Manufacturing and Technology (AM&T) of Binghamton, responsible
for the Southern Tier (Broome, Chemung, Chenango, Delaware, Otsego, Schuyler,
Steuben, Tioga, and Tompkins counties), awarded $788,000;
Center for Economic Growth (CEG) of Albany, responsible for the Capital
Region (Albany, Columbia, Greene, Rensselaer, Saratoga, Schenectady, and
Warren, and Washington counties), awarded $750,000;
Central New York Technology Development Organization (CNYTDO) of Syracuse,
responsible for Central New York (Cayuga, Cortland, Madison, Onondaga,
and Oswego counties), awarded $640,000;
Council for International Trade, Technology, Education and Communication
(CITEC) of Potsdam, responsible for the North Country region (Clinton,
Essex, Franklin, Jefferson, Lewis, and St. Lawrence counties), awarded
$521,000;
High Technology of Rochester (HTR), responsible for the Finger Lakes
region (Genesee, Livingston, Monroe, Ontario, Orleans, Seneca, Wayne,
Wyoming, and Yates counties), awarded $904,000;
Hudson Valley Technology Development Center (HVTDC) of Fishkill, responsible
for the Mid-Hudson region (Dutchess, Orange, Putnam, Rockland, Sullivan,
Ulster, and Westchester counties), awarded $786,000;
Industrial and Technology Assistance Center (ITAC) of New York City,
responsible for the New York City area (Bronx, Kings, New York, Queens,
and Richmond counties), awarded $2,195,000;
Insyte Consulting of Amherst, responsible for Western New York (Allegany,
Cattaraugus, Chautauqua, Erie, and Niagara counties), awarded $973,000.
Long Island Forum for Technology (LIFT) of Bay Shore, responsible for
Long Island (Nassau and Suffolk counties), awarded $1,084,000; and
Mohawk Valley Applied Technology Corporation (MVATC) of Utica, responsible
for the Mohawk Valley region (Fulton, Hamilton, Herkimer, Montgomery,
Oneida, and Schoharie counties), awarded $559,000.
Each RTDC received a base award of $300,000, plus an additional allocation
based on the percentage of manufacturing and research and development
individuals employed at small and medium manufacturing firms in the region
and the regions total credited economic impact over a three-year
period as a percentage of the rolling total statewide impact over the
same period.
Governor Pataki and the Legislature have advanced several major initiatives
to expand high technology and biotechnology business and job-creation
opportunities in New York. The Governor's Centers of Excellence initiative,
along with Strategically Targeted Academic Research Centers and Advanced
Research Centers, focus on critical emerging technologies that are expected
to become major high-tech growth areas. Each Center is designed to complement
other specialized academic centers in a seamless network of high-tech
research and economic development.
Since 1995, the State has fostered the growth of New York's high-tech
and biotech industries by supporting the investment of more than $1 billion
in the State's technology business sector and its world-class research
laboratories and academic centers.
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