As part of the NYSUN2020 program Andrew M. Cuomo gives $10 million for an innovation hub for engineers.
Startups can register for the START-UP NY program and use the 10.000-square-foot FabLab of the State University of New York (SUNY) right away. The $10 million also will cover for a new 20.000-square-foot innovation hub. “In addition to providing a much needed home for New Paltz’s diversified engineering program, this multi-phased hub will generate $75 million in new economic impact, create more than 195 full time jobs, and graduate 300 much needed engineers over a ten year period in the Mid-Hudson region alone”, stated in the press release.
SUNY New Paltz President Donald P. Christian:
We’re grateful to Governor Cuomo for his support of our efforts at SUNY New Paltz to educate more engineering students, support workforce development and enhance economic development in the Hudson Valley. We’re excited about this opportunity to strengthen our role in SUNY’s mission to be an economic driver in New York.
The speech of Governor Cuomo: