Seven Centers for Advanced Technology (CATs) have been awarded more than $8.34 million in New York State Office of Science, Technology and Academic Research (NYSTAR) technology development awards that will lead to the creation of new products, innovations and jobs across the State.
"These specifically targeted research awards will foster development of new technologies and innovations that will continue strong economic growth for New York by enabling our world-class university research centers to work ever more closely with industry," Pataki said. "These awards will further secure New York's role as an international leader in high-tech and biotechnology research and economic development as well as complement our other high-tech economic development initiatives, including our internationally recognized Centers of Excellence program."
The awards are being made through NYSTAR's CAT Development Program, an initiative that creates nationally recognized research centers and brings high-technology innovations to the marketplace. The research that will be conducted as a result of the investments will produce significant technological improvements that will lead to substantial future economic development in New York.
The existing CAT program supports university/industry collaborations in research, education and technology transfer, with a strong focus on helping New York businesses gain a technological edge on their competition. There are 15 CATs statewide, each of which receives $1 million annually in State funding. The grants announced today will supplement this annual support at selected CATs.
By enhancing and expanding their technology-related research and technology transfer activities in the areas for which they have been designated, these nationally recognized research centers will accelerate the commercialization of new technologies and the creation of new high-tech jobs and opportunities in New York State.
