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Center for Biotechnology receives $1.6M from NY State to Accelerate the Commercialization of New Technologies
FOR IMMEDIATE RELEASE:
October 18, 2006
GOVERNOR: $26.9 MILLION IN TECHNOLOGY, SCIENCE AWARDS
Funding Expands Research Center Activities, Attracts World Class Faculty
Governor George E. Pataki today announced more than $26.9 million in State, industry and university support to 10 universities to significantly expand economic important research and commercialization opportunities as well as attract and retain world-class scientists to New York. These grants will help ensure the continued long-term growth of the State’s job-creating high technology and biotechnology industries.
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.
The following universities received awards to strengthen their commercialization research activities: Alfred University, Clarkson University, Rensselaer Polytechnic Institute, Stony Brook University, Syracuse University, the University at Albany, and the University of Rochester. The NYSTAR awards to the universities ranged from $305,500 to $2 million. In addition, universities and industry partners will contribute $5.89 million in total additional funding for the projects.
“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,” Governor 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.”
Senate Majority Leader Joseph L. Bruno said, “New York State has established itself as a global competitor in the high-tech marketplace. The funds announced today will allow New York to continue to build on its strong reputation as a leader in innovative and emerging technologies and will attract some of the world’s best and brightest researchers to conduct their research here in New York State. Today’s announcement is another example of what can be accomplished when the public sector, private industry, and academic institutions partner together. I commend Governor Pataki for his commitment to attracting high-tech business to the State.
Assembly Speaker Sheldon Silver said, “Capitalizing on New York State’s world-renowned colleges and universities has long been at the cornerstone of the Assembly’s efforts to attract high-tech industries and create good-paying jobs for New Yorkers. These types of investments will put New York State in a better position to compete in today’s global economy and help build a new economic model that will pay dividends for years to come.”
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 Governor also announced that the universities receiving a total of more than $5.97 million in NYSTAR faculty development grants, including Columbia University, New York University, Rensselaer Polytechnic Institute, Stony Brook University, the University at Buffalo and the University of Rochester. The universities will receive NYSTAR grants ranging from $336,700 to $750,000. In addition, universities will contribute $6.77 million in total funding for the researchers.
“The highly competitive and much sought after faculty awards helps New York continue to build a solid foundation for our high-tech economy and allows our colleges and universities to attract and retain the best and brightest scientists to our world-class academic research institutions,” Governor Pataki said. “The faculty awards have helped move the State to the forefront as a high-tech job creation leader and were made as part of our comprehensive and coordinated effort to create a stronger, vibrant economy in New York.”
Michael J. Relyea, Executive Director of NYSTAR, said, “The awards under the CAT Development and Faculty Development programs strengthens research and development in New York State and is one of many initiatives reflecting the vision and leadership of Governor Pataki and the Legislature. We are thrilled to fund such economically worthwhile scientific endeavors. The academic and private sector support of the programs are a testament to the incredibly dynamic nature of research, development and commercialization efforts in the State.”
The participation of NYSTAR's Board of Directors — made up of leaders from the science, business and academic communities — in reviewing and approving the proposals helped ensure that those funded were scientifically sound and had economic merit.
Dr. Roland W. Schmitt, NYSTAR Chairman, said, “I congratulate the Governor and the Legislature for helping to create programs that enable our universities and colleges to develop promising new technologies as well as attract and retain critically important scientific faculty. The support of the Governor and Legislature of these programs helps to secure a brighter economic future for the State.”
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.
The awards distributed under the CAT Development Program will have a statewide impact. Each winning CAT has a collaborative relationship with other universities and colleges and includes support from private sector companies. The research that will be conducted by the CATs is expected to produce significant technological improvements that result in substantial future economic development in New York State and earn substantial support from participating universities and research organizations.
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.
The faculty development awards assist universities in the recruitment and retention of leading research faculty in science and technology fields with strong commercial potential. The funds provide an incentive for a research faculty member to conduct research in a New York State academic institution.
The scientists supported from these funds are expected to develop, define and conduct nationally and internationally-recognized research, act as a focal point for multidisciplinary research, attract additional external funding from Federal, foundation, and other public and private sources and participate in entrepreneurial enterprise that will benefit New York State. The awards were made on the basis of peer-reviewed competitive science and economic development opportunities.
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 (STAR) Centers, Advanced Research Centers (ARCs), and Centers for Advanced Technology (CATs) focus on critical emerging technologies that are expected to become major high-tech growth areas.
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.
Stony Brook University Offers Corporate Incentives to Foster Technology Development & Workforce Partnerships
Stony Brook University is pleased to announce several initiatives aimed at fostering new technology development partnerships with the region’s hi-tech industry sectors. Effective October 1, 2006, hi-tech companies interested in applying for Phase I Small Business Innovative Research (SBIR) and Small Business Technology Transfer Research (STTR) funding in collaboration with Stony Brook University faculty will benefit from a reduced indirect cost rate (IDC) of 15% on subcontracts to the University, a savings of 40% off the standard federal IDC rate. “On a $150,000 NSF Phase I, STTR award this can represent an additional $20,000 that can go toward research and development costs rather than overhead” according to Dr. Anil Dhundale, director of scientific affairs at Stony Brook’s Center for Biotechnology. “While it may not seem like a significant amount of money it can make the difference between being able to devote a part-time or full-time researcher to the project. And data generated in Phase I is critical to a successful Phase II application which can represent as much as $750,000 over two years. It can make a real difference.”
The University’s Center for Biotechnology is also announcing a Call for Applications under their Innovative Technology Development (ITD) Program. The Program is designed to help bridge the gap between the early-stage technology discovery and development capabilities of the University and the later-stage commercial development interests of the bioscience industry. The program currently provides matching funds, up to $40,000 annually, on a competitive basis to support translational research on the Stony Brook campus. The funding, in tandem with a broad range of technology development services available through the Center, is intended to help New York Sate bioscience companies identify commercial opportunities from within the University environment, add value by providing guidance and financial support for their development toward commercial goals, and accelerate the technologies entry into the marketplace. “The program has been tremendously successful at helping to bring new technologies to market” said Diane Fabel, Director of Operations for the Center for Biotechnology. “We match small company R&D needs with the resources and expertise available through the University. We provide a bit of funding that is matched by the company, develop experimental protocols that will add commercial value to the technology, and help them access business development resources on the commercial side. The Sonic Fracture Healing System (SAFHS)™, the V3D Colon™ virtual colonoscopy, the Scanning Confocal Acoustic Navigation (SCAN) system, Vita-Assay™, and the Dynamic Motion Therapy (DMT™) Platform are just a few of the technologies and products the Center has helped develop.”
Companies interested in discussing collaborations with University faculty under the SBIR/STTR or ITD programs should contact Dr. Anil Dhundale, Director, Scientific Affairs, Center for Biotechnology at 631-632-8521. Additional information on the SBIR/STTR Program can be found at http://www.sbaonline.sba.gov/SBIR/. The full Innovative Technology Development Program announcement is available at www.biotech.sunysb.edu.
Call for applications: 2007 Fundamentals of the Bioscience Industry Program
The Center for Biotechnology is now accepting applications for admission into the Spring 2007 Fundamentals of the Biosciences Industry Program.
Deadline for Application: October 31, 2006.
Cutting Edge and innovative, this industry-focused and industry driven program is designed to provide participants with a comprehensive introductions to the critical factors of strategic importance that drive the bioscience industry. Developed by the Center for Biotechnology, this program gives the broad exposure needed for the success in the bioscience industries.
For More Information and to apply on-line, please visit the Fundamentals of the Bioscience Industry Program website.
The 13th Biotechnology Exposition - Thursday, October 19, 2006
The Center for Biotechnology is hosting its 13th Biotechnology Exposition on Thursday, October 19, from 11am-3pm, at the Level 3 Galleria at the Health Science Center. Over two dozen scientific product and instrument companies will be at this year’s Exposition. Exhibiting companies include BD Biosciences, Beckman Coulter, Bio-Rad, Clontech, EMD Bioscience, Fisher Biosciences, Fisher Scientific, GE Healthcare, Invitrogen, inGenious Targeting, Millipore, Miltenyi Biotec, NuGEN, Perkin Elmer, Promega, Qiagen, Rainin, Roche Diagnostics Corp, Stratagene, Thermo Electron Corp, USA Scientific, Varian Inc... and more!
Come see the newest tools and products for your research and clinical applications. Raffle prizes include ipod Nano, gift card, CD player, and many more!
Click here for a PDF version of the expo informational flyer. For more information, please contact Melissa Monaghan at mmonaghan@notes.cc.sunysb.edu
2006 Life Sciences Industry Career Conference
The Annual Life Sciences Industry Career Conference is the premier event in New York State for graduate students and post doctoral fellows interested in pursuing careers in the life sciences industry. The goals of this conference are to:
* Expand the knowledge and understanding of the variety of career paths in the life sciences industry.
* Increase communication and forge a formal linkage between New York's graduate student and post doctoral population and New York's life sciences industry for the purpose of fueling industry growth.
Tuesday, October 3, 2006
Stony Brook Manhattan
401 Park Avenue South, 2nd Floor
New York, New York
2006 Fall Career Workshops for Life Science Students
Planning to pursue opportunities in industry? Start with a solid understanding of what employers look for, and how to tailor your resume and cover letter to address their specific needs. This is a must attend workshop for all graduate students in the life sciences. Organized by the Center for Biotechnology.
Presented by Stony Brook University Career Center
Resume Writing and Cover Letters - Specifically targeted to Life Sciences Students
Wednesday, September 27, 2006
11:45am - 12:45 pm
Center for Biotechnology Conference room
3rd Floor, Psychology A building.
This workshop is limited to 20 students only. Please register early to confirm your seat. Pre-registration is required. Register online.
* Workshop is mandatory for all students intending to apply for the 2007 Spring Fundamentals of the Bioscience Industry Program *
2006-2007 Bioemedical Engineering Seminar Series
An Interdisciplinary Program of Academia & Industry
Wednesdays at 4:00, School of Medicine, Level Four, Atkins Learning Center
Stony Brook University.
View 2006-2007 Seminar Schedule
Download seminar schedule here. ( pdf file)
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