Union in the News for August 8, 2005
Union awarded high tech research funds
By Online Edition - The Business Review
Local colleges and universities will share in more than $2.5 million in state funding to conduct research in high tech fields in parternship with local businesses, Gov. George Pataki's office announced on Monday.
The funding is being provided under the technology transfer incentive program through the New York state Office of Science Technology and Academic Research.
The state University at Albany was awarded $750,000 to work with Breonics Inc. on technology related to organ transplants, as well as $692,000 to work with Plug Power Inc. of Latham on fuel cell technology and nanothechnology.
Union College was awarded $692,000 to develop a homeland security incubator at the Watervliet Innovation Center. Rensselaer Polytechnic Institute is to receive $500,000 to partner with Polyset Co. commercialize a nanotechnology application.