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Stony Brook Receives $60 Million From State for Innovation and Discovery Center

New facility will help Stony Brook University put Start-Up NY to work.

The Innovation & Discovery Center will join the Center of Excellence for Wireless and Information Technology and the Center of Excellence in Advanced Energy Research Technology in the University's Research & Development Park.
The Innovation & Discovery Center will join the Center of Excellence for Wireless and Information Technology and the Center of Excellence in Advanced Energy Research Technology in the University's Research & Development Park.

Stony Brook University has received a $60 million appropriation in the 2014 State Budget for the design and construction of the first phase of a new “Innovation and Discovery Center” to be located in the University’s Research & Development Park, according to Stony Brook President Samuel L. Stanley Jr. 

When completed, the Innovation and Discovery Center will comprise 200,000 gross square feet (GSF) of lab and office space with a mix of public and private funding anticipated to complete the total build-out. 

Once completed, it will enable new start-up and high tech companies to take full advantage of Governor Cuomo’s Start-Up New York tax incentives and other resources. It will help attract out-of-state businesses to New York, and forestall a trend of companies who are incubated in New York and then graduate to other states with lower taxes and business costs, Stony Brook officials said.

“We are grateful to Senator Ken LaValle, Chairman of the Senate Higher Education Committee, Senate Majority Co-Leader Dean Skelos, and our Long Island Senate Delegation for their efforts in championing this facility as part of a Long Island regional economic development plan,” Stanley said. “Their efforts will help us build on Governor Cuomo's vision of Start-Up NY and will serve as a magnet to attract high-tech business to Long Island."

The Innovation and Discovery Center was conceived in the design of a mezzanine structure to promote growth of start-up businesses and attract innovative new companies in the areas of biotechnology, information technology, electronics, and advanced materials and processing. 

It provides an infrastructure that makes it possible for Stony Brook incubator companies to step up to the next level before entering the open market, facilitating success and fostering well-paying new job opportunities. The new tech-ready facility will offer larger space for start-up companies currently operating out of Stony Brook’s five incubator facilities, giving them an opportunity to grow and expand while maintaining the benefits they derive from close proximity to Stony Brook’s research and technical expertise, economic development programs and its human capital resources. This will, in turn, free up space in Stony Brook’s five incubator facilities, providing more start-up opportunities for the next generation of entrepreneurs on Long Island.

“The Innovation and Discovery Center is very exciting in that it will provide our students and faculty with more opportunities to work directly with biotech, IT, and other technology-driven businesses and provide them with the resources they’ll need to lead the next generation of innovation and research here on Long Island,” Stanley said. 

"The Innovation and Discovery Center is an economic development project of regional significance,” LaValle said. “I am grateful for the support of the Majority Co-Leader Senator Dean Skelos and the entire Senate Majority who recognized the importance of this project and how it will contribute to the economy in our area. This facility will be home to new companies that will develop, grow, and hopefully locate their future operations right here on Long Island."

The Innovation and Discovery Center will neighbor the Stony Brook University R&D Park’s two New York State Centers of Excellence: The Center of Excellence in Wireless and Information Technology (CEWIT) and the Center of Excellence in Advanced Energy Research Technology which were also made possible through New York State Senate support.

brookhavenconfucius April 08, 2014 at 08:14 AM
anne, ....MORE OF OUR TAXES, INTO THIS BLACK HOLE !
brookhavenconfucius April 08, 2014 at 08:19 AM
IF THESE SCHOOLS EXIST, WHY IS THERE A LARGE UNEMPLOYMENT RATE AMONG THESE, SO CALLED, YOUNG MILLENNIALS ?
Edwin Casado Baez April 26, 2014 at 04:30 AM
The lack of support for an economic engine like Stony Brook is astonishing by the above posters. Are you really aware of the importance of the State University of New York at Stony Brook as job creator, service provider to the community, cultural center, and academic center for all Long Islanders including the immediate community. This is puzzling that in times of economic hardships people are complaining of increased direct investment nearby their communities. It seems like some are more focused their value of their homes "going down" due to illegal rentals yet not realizing that their values of their homes have probably gone up due to the value that the University has provided since 1962. Unless you have been around prior to 1962, then you have benefited of the University. The growth will continue, and nothing will stop Stony Brook U from racing its way to the top of AAU Universities. Hold on tight, or move elsewhere
brookhavenconfucius April 26, 2014 at 05:54 AM
The, so called 'economic engine' is a voracious, CONTINUOUSLY, TAX PAYER MONEY SUCKING 'machine', that NEVER, NEVER, gets enough...it ONLY WANTS MORE TAX PAYER MONEY ! 'PAYOFF' ? The MONEY SUCKING MACHINE, STALLS, OUTSIDE the gates, at Stony Brook rail ! ESPECIALLY, these NANO TECH SCAMS ! Most of them are just FREELOADING ON TAX PAYERS FOR A FREE RIDE AND PRODUCING NOTHING OF IMMEDIATE, INTRINSIC SOCIETY VALUE...all it produces is Political Power, with NO RETURN ! THE BIGGEST RECENT SCAM, is Comrade Cuomo's, collectivization of business, with...ahem..'ed-gee-cation', known as START UP NY. These, allegedly, Tax Free Zones, haven't drawn FLIES ! That they are based upon the proven and FAILED, ideologies from the old Soviet Union, it is no surprise, and are another BLACK HOLE FOR TAX PAYER MONEY, WITH NO EXPECTED RESULTS.
brookhavenconfucius April 26, 2014 at 07:27 AM
EDWIN, do you KNOW, what they teach in these PUBLIC UNIVERSITIES ? AND THEY take a student's money, AND DON'T PROVIDE HOUSING ? THIS IS YOUR TAX PAYER MONEY, NOT WORKING...GET IT ?

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