6/21/2012 1:46:00 PM
The Next Silicon Valley: Nano-tech leader New York connects investors, entrepreneurs, development groups to create innovation roadmap for state
The Next Silicon Valley
New York City – In a bid to make New York a 'next Silicon Valley', the State University of New York Levin Institute and Empire State Development (ESD) this week brought together more than 150 investors, entrepreneurs, and supporters to develop an innovation roadmap for New York State.
For the first time, the six funds of the newly formed Innovate New York program outlined investment trends and business opportunities for New York entrepreneurs, at a conference held yesterday at the SUNY Global Center in New York City. Attendees discussed the best ways to connect talent, capital and business expertise in the different regions, including Buffalo, Rochester, Syracuse, New York City, Long Island, and Albany.
Established by ESD, Innovate New York is a federally-funded $25 million seed stage equity fund to support innovation and high-growth entrepreneurship that will lead to the creation of thousands of new jobs in New York State.