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Tag: innovation hub

  • Life sciences advocates, economic development agencies launch centralized hub | Long Island Business News

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    New York Bio Connect, a new and life sciences hub, has officially launched to serve as a central resource for New York’s life science community. Designed to accelerate innovation and strengthen collaboration within the state’s life-science community, the hub offers streamlined access to information, tools and support to help organizations advance across the state, including on Long Island.

    The initiative is a joint effort by NewYorkBIO, which advocates for life sciences in the state,  the New York City Economic Development Corporation (NYCEDC) and Empire State Development. It was unveiled at NewYorkBIO’s annual Innovation Summit in Manhattan earlier this week.

    “The launch of New York Bio Connect marks an important milestone for our state’s life sciences community,” Jennifer Hawks Bland, CEO of NewYorkBIO, said in a news release about the initiative.

    “This platform reflects the collective strength of New York’s ecosystem – bringing together companies of every size, academic institutions, investors and support organizations,” Bland added. “By making it easier to access resources and opportunities, New York Bio Connect will empower innovators to advance research, accelerate development and bring groundbreaking treatments and technologies to patients.”

    Described by its organizers as the first information hub of its kind for New York’s bioscience industry, New York Bio Connect aims to bring together funding opportunities, facility details, career openings, services, programs and statewide news and to help life science professionals and companies gain traction across the state.

    “By centralizing essential resources, opportunities, and information, this platform breaks down barriers and empowers entrepreneurs, researchers and companies of all sizes to reach their highest potential – driving discoveries, supporting job growth and ultimately improving health outcomes for communities across New York and beyond,” NYCEDC President and CEO Andrew Kimball said in the news release.

    Supporting companies of all sizes and stages, NewYorkBIO, NYCEDC and Empire State Development say they identified an opportunity to reduce barriers in the industry. Their solution: a central hub where life science companies and professionals — whether based in New York or considering a move — can access the resources needed to thrive.

    “With New York Bio Connect, we are creating a powerful economic development asset for the entire state,” Hope Knight, president, CEO and commissioner of Empire State Development, said in the news release.

    “This platform will not only spotlight the tremendous work happening across our life sciences ecosystem, but also expand access to capital, facilities, talent and partnerships – helping New York attract investment, grow companies, and create good jobs in every region,” she added.

    More information about the platform is available here.


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    Adina Genn

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  • New York invests $300M in Stony Brook quantum hub | Long Island Business News

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    THE BLUEPRINT:

    • pledges $300M for hub at Stony Brook

    • Hub will feature the state’s first hybrid quantum

    • Facility expected to open in 2029 after three years of development

    • Project aims to enhance secure internet and tech-driven economic growth

    New York State is investing $300 million to launch the Quantum Research and at . The initiative aims to integrate research, computing and to address complex societal challenges and build a “faster, smarter and more secure internet,” according to the university.

    The 150,000-square-foot facility will be home to the Stony Brook Quantum Institute, the state’s first university-based hybrid quantum data center, and the SUNY Stony Brook Quantum Education Consortium. Planning and construction are expected to take about three years, with an anticipated opening in 2029.

    Calling Stony Brook University a “research powerhouse,” Gov. said in a news release that the university “will now be able to reach new heights in quantum.”

    Hochul made the announcement on Wednesday at Stony Brook’s New York State Center of Excellence in Wireless and Information Technology.

    “We know that to provide our state and nation with a brighter future, we need to invest today, and that is what New York is committed to do,” she said.

    The funding comes at a time when organizations are navigating pauses and cuts in federal funding.

    Hochul said that “when national investment in research and innovation is at risk, New York State is doubling down, and SUNY is on the move.”

    Speaking about Stony Brook University’s quantum network, which she described as the largest in the nation, President Andrea Goldsmith said in the news release that through “such transformative research, in partnership with New York State and SUNY, we are accelerating technological advancement and its positive impact across our state and beyond.”

    The hub, she said “will spearhead the future of and networking. Today’s historic investment further advances Stony Brook’s leadership in quantum science and technology, and showcases the bold ground-breaking research across our campus that delivers solutions to society’s most pressing challenges.”

    Empire State Development President, CEO and Commissioner Hope Knight said the investment would drive economic growth.

    “The creation of the Quantum Research and Innovation Hub marks the next step in expanding research capacity, cultivating top talent, and advancing breakthroughs that will drive economic growth and cement New York’s position as a global leader in quantum technology,” Knight said.

    “This investment will give Long Island the bandwidth to be at the forefront of the next era of science and innovation,” Stony Brook alumna and State Senator Monica Martinez said in the news release. “The future Quantum Research and Innovation Hub at Stony Brook will build the infrastructure necessary to expand human understanding and drive the discoveries of tomorrow, creating new economic opportunities that strengthen our region and position New York to lead.”

     

     

     

     


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    Adina Genn

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