Times Union By: Diego Mendoza-Moyers The Capital Region saw a significant jump in funding for biotech research last year from the National Institutes of Health — an increase that has allowed several local research projects to flourish into 2019, according to the Albany-based Center for Economic Growth, a regional economic development
The Capital Region’s biotech sector saw a 13.5 percent year-over-year increase in National Institutes of Health (NIH) awards in fiscal 2018. Between 20 firms and institutions, the region received 154 awards totaling $62 million. That was the eight-county region’s largest amount of NIH since fiscal 2013, according to a Center
FOR IMMEDIATE RELEASE Academic R&D Spending Is Up 5.9% in the Capital Region CEG unveils “The Research Connection” to highlight local academic R&D projects Capital Region colleges and universities saw a 5.9 percent annual increase in R&D expenditures in fiscal 2017, according to a Center for Economic Growth (CEG) study
Featured R&D projects: Portable biosensing strips for detecting food contamination Developing a blood test for autism spectrum disorder Virtual retina will aid search for blindness cure Using Light to Help Alzheimer’s Patients Detecting early stage Alzheimer’s disease Detection of chemical and biological toxins Futuristic device enables faster and more reliable
New Materials Engineering Technology Accelerator Will Further Position Albany as a Hub for Groundbreaking Research Applied Materials to Make $600 Million Private Investment and Partner with New York State to Provide Capital to Promising Startups and Early-Stage Companies Across Upstate Empire State Development (ESD) and the State University of New
Capital Region technology firms received more than 18 percent more in federal R&D seed funding, totaling $12.8 million in fiscal 2017, according to a Center for Economic Growth (CEG) analysis of data on SBIR.gov. SBIR and STTP Programs Eight Capital Region firms received $10.6 million in Small Business Innovation
In 2017, exports from the Capital Region increased over the year by 2.6 percent, with its R&D to Commercialization Cluster driving most of that gain, according to a Center for Economic Growth (CEG) analysis of data from the Brookings Institution’s 2018 Export Monitor. Innovation-Related Exports In 2017, nominal (current dollar)
One in 20 semiconductor-related device patents1 awarded by the U.S. Patent and Trademark Office (PTO) in 2017 can be traced back to a Capital Region inventor, according to a Center for Economic Growth review of patents listed in PTO’s Patent Full-Text and Image Database. Capital Region inventors’ tally of semiconductor-related
Capital Region inventors had a hand in more than 1,000 semiconductor device-related patents issued in 2016, and they played a lead role in more than three quarters of them. While the bulk of those patents were assigned to GLOBALFOUNDRIES and IBM, several other semiconductor and electronics companies with R&D operations,
Wadsworth Center scores most funding since FY2012 As New York State launched a $650 million initiative to grow its life sciences cluster, Capital Region academic institutions, nonprofits and private firms in fiscal 2017 netted their largest haul of National Institutes of Health (NIH) funds in four years. Regionwide, NIH awarded
