Quad-C receives significant regional economic development funding
SUNYIT’s Computer Chip Commercialization Center (Quad-C) was the largest single project funded in the first round of the statewide Regional Economic Development Council (REDC) process. Of the $60.2 million awarded to projects in the Mohawk Valley region, $15 million will go to the Fort Schuyler Management Corporation (FSMC) to support the construction of the Quad-C. FSMC is a private, not-for-profit corporation, formed by the SUNY Research Foundation and the SUNYIT Foundation to facilitate the construction of the Quad-C.
"The initial outcome of this process holds great promise for SUNYIT and for the entire Mohawk Valley," said SUNYIT President Wolf Yeigh, one of the Mohawk Valley REDC’s vice chairs. "Our Council did a great job in articulating a regional vision, and SUNYIT is an important part of the plan that will lead to economic growth and future development."
Also included in the list of funded projects: for $274,000 for “Cyber Shield,” an academic-industry partnership that will develop a state-of-the-art malware laboratory environment that will instruct students through a reverse engineering process. The lab will be built through a partnership between SUNYIT and Assured Information Security, Inc. (AIS), of Rome, N.Y.
The plan also awards $5 million to Mohawk Valley Economic Development Growth Enterprises Corporation (EDGE) for infrastructure work related to the development of the Marcy NanoCenter at SUNYIT, the site west of Edic Road that EDGE is marketing globally to attract a suitable high-tech industry tenant.
The Quad-C is part of a technology complex that will include the Center for Advanced Technology, an academic building; conceptual designs show the two buildings joined by an atrium. In the Quad-C, researchers and industry partners will collaborate in support of the development and commercialization of nanotechnology. The three-story building will include a state-of-the art “clean room” for nanotechnology research.
As part of SUNYIT’s partnership with UAlbany’s College of Nanoscale Science and Engineering, two industry tenants, nfrastructure and Valutek, have already announced plans to locate in the Quad-C.
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