1/18/2013 9:23:44 AM
The Business Review: Albany NanoTech charges ahead with Kiernan Plaza tech hub
The Business Review
Albany NanoTech is moving fast to finalize contracts and get renovations started at historic Kiernan Plaza in downtown Albany, NY, now that the state has committed $4 million to the project.
“We’re moving aggressively to renovate the building and to locate companies there as quickly as possible,” said Michael Fancher, vice president for business development and economic outreach at Albany NanoTech, formally known as the University at Albany College of Nanoscale Science & Engineering. The nanocollege is a $14 billion research complex centered at UAlbany that conducts computer chip technology and other research with more than 260 businesses and organizations.
Albany NanoTech plans to convert the building into a business center for emerging technology companies. “The funding provided by Gov. Cuomo is serving as a lightning rod,” Fancher added. “The level of interest, not just from the potential tenant companies but the community, has been phenomenal.”