New York State’s high technology sector is distinguished
by mixed industry-academia partnerships, access to venture
capital, a highly educated work force, and training
resources that nurture and develop industry leaders.
Confirming New York’s role as a center for future
technologies, Small Times Magazine—a leading business
publication for small-tech companies—reported that New York
State ranks second in the nation in nanotechnology research
and fourth in overall development of nanotechnology. In
addition, the magazine found that New York was gaining more
nanotech companies and venture capital dollars to support
The NY Loves Nanotech initiative is organized by the Center for Economic Growth (CEG), with sponsorship support from Empire State Development, National Grid and NYSTAR, with the goal of developing a solutions-based economic development approach to the semiconductor/nanotechnology industry in New York State.
New York State is proud to be the home of many world-class nanotechnology companies, including:
- Applied Materials
- CVD Corporation
- General Electric
- Global Foundries
- Tokyo Electron
The Center of Excellence in Nanoelectronics and Nanotechnology (CENN) at the University of Albany is a $5 billion investment that has conducted the State’s most important academic nanotechnology development efforts.
In addition, New York boasts a host of other world-class nanotechnology research centers, including:
- Brookhaven Center for Functional Nanomaterials
- City University of New York
Center for Advanced Technology for Ultrafast Photonic Materials & Applications
Center for Analysis of Structures and Interface
- Columbia University
Center for Electronic Transport in Molecular Nanostructures
Environmental Molecular Science Institute
Materials Research Science & Engineering Center
Nanoscale Science and Engineering Center
- Cornell University
Center for Nanoscale Systems in Information Technologies
Cornell Nanofabrication Facility
Cornell Nanoscale Facility
The Nanobiotechnology Center
- Center for Advanced Materials and Nanotechnology at New York University
- Rensselaer Polytechnic Institute
Center for Automation Technology
Center for Directed Assembly of Nanostructures
New York State is also home to two of the world’s most
advanced semiconductor fabs, including IBM’s $2.5 billion
300mm fab in East Fishkill and Global Foundries’ $4.2
billion 300mm fab in Malta. The Global Foundries project was
the world’s largest economic development deal in 2006 and
IBM’s fab, announced in 2000, was the largest private-sector
investment in the United States since 1995.
- Emerging Technologies – New York State has enacted various tax incentives for Qualified Emerging Technology Companies (QETCs).
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