$600 ‎million for Photonics Institute in Empire State
Staff writer ▼ | September 17, 2015
Governor Andre M. Cuomo announced locations for the Integrated Photonics Institute for Manufacturing Innovation, all of which will be in Rochester, New York.Article continues below
First announced by Vice President Biden and Governor Cuomo in July, the Integrated Photonics Institute will help secure the nation's leadership in emerging technology research, development, and manufacturing.
These new specifics are a result of close collaboration between the Governor's office, Assembly Majority Leader Joseph Morelle, SUNY Polytechnic Institute, the University of Rochester and the Rochester Institute of Technology.
The business headquarters and technology accelerator for the Institute will be located in the Legacy Tower, formerly home to Bausch and Lomb, as phase one of the project.
The Sibley building will include a workforce development center, locating companies and the creation of incubator space as phase two of the project. Eastman Business Park will be the site of the project's manufacturing operations.
Additionally, a seven-person governance board will be created to help oversee and implement the program, consisting of three members from state government, two from SUNY Polytechnic, and one each from the University of Rochester and Rochester Institute of Technology.
As announced in July, a $110 million federal grant will support a high-tech consortium with business operations, a company incubator and accelerator, workforce training, and board of directors.
Total public and private investment in the Photonics Institute will exceed $600 ‎million, including more than $250 million by New York State to equip, install, and make operational a state-of-the-art photonics prototyping operation.
The institute's work will create and support thousands of advanced research and manufacturing jobs across Upstate and the United States and lead to major advances within a wide range of practical applications. ■
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