Bio in the Park\investment

substantial support... federal, State and local
New York State received more than $1.7 billion in research support last year from the National Institutes of Health (NIH) ; and, New York State has further fostered high-tech and biotech industries with more than $1 billion invested since 1995. The State government continues its pursuit to be the leader in supporting biotechnology with more than $125 million provided in 2003 to a variety of programs, including an award of $4.5 million through the State's Gen*NY*sis program for biotechnology research at Clarkson University in Potsdam, $23 million toward the Gen*NY*sis Center for Excellence in Cancer Genomics and $22.5 million to Rensselaer Polytechnic Institute to create a Center for Bioengineering and Medicine.

The Gen*NY*sis (Generating Employment through New York Science) program is focused on biotechnology development at all stages of the research and development process; from basic research to applied research to the clinical testing of new products to the creation of new businesses. More than $320 million has been allocated for Gen*NY*sis Centers for Excellence, including monies for the construction of facilities for research and incubator space along with bioscience parks; $90 million for research facilities, researchers and equipment; and, $90 million for business development loans and grants to focus on building and maintaining biotechnology companies in the State.

New York State has a history and future as a world leader in scientific, innovative discovery and features the research friendly, investment climate needed for a rapidly growing biotech industry:

New York has continued its steady increase of investment from the world's foremost medical research centers. The State's colleges, universities, medical research centers and biotechnology companies were awarded a record $1.71 billion in funding in medical research grants in 2002 from the National Institutes of Health (NIH), as reported by Russell W. Bessette, M.D., Executive Director of the New York State office of Science, Technology and Academic Research (NYSTAR) .
Eight out of 13 research centers created by NYSTAR under its "Strategically Targeted Academic Research Centers" focus on biotech research.
The Institute for Biotechnology and Life Sciences Technology at Cornell University is one of the State's Designated Centers for Advanced Technology (CAT) and serves as a focal point for bringing together university scientists conducting research in the biological and physical sciences. A major role of the Institute is to promote the education and training of biologists, engineers, agricultural personnel and medical scientists.
New York State's Nanobiotechnology Center (NBTC) , a National Science Foundation, Science and Technology Center is characterized by its highly interdisciplinary nature and features a close collaboration between life scientists, physical scientists, and engineers. They also share a commitment to education and outreach, taking the discoveries from the laboratory and realizing their potential benefit to society.
Advances in biology and medicine derived from biomedical research form the cornerstone of advanced patient care activities and educational opportunities in the Interdisciplinary Biomedical Research & Training Program found at Albany Medical College . The college's research programs utilize state-of-the-art approaches in the discovery of new knowledge and the training of young investigators for academic or biomedical careers.
The National Science Foundation's Survey of Research and Development Expenditures at Universities & Colleges, Fiscal Year 1997, shows that New York ranked second in the nation with $1.177 billion on R&D for life sciences. And, spending at New York's biological research institutions totaled $353.1 million on R&D for biological sciences -- 8% of the U.S. total.
Wadsworth Center , the most comprehensive state health laboratory in the country, is dedicated to science in the pursuit of health. Operated under the New York State Department of Health, Wadsworth Center fulfills its mission of protecting and promoting the health of New Yorkers through analysis, research and education. Wadsworth's commitment to biomedical and environmental research is based on innovative approaches to investigating diseases and environmental hazards of public health.
The Bioinformatics Center at Rensselaer and Wadsworth focuses its work on collaboration and training in this rapidly developing field of biological science. It unites the world-renowned specialists in the field of Bioinformatics and facilitates joint research, recruitment of scientists and the education of future Bioinformatics specialists.
$250 million was provided in 2003 by the State to support the Governor's Centers for Excellence Program and is expected to leverage a 3-to-1 ratio in new private sector and other contributions.
The Center in Biomolecular Diagnostics and Therapeutics at SUNY Stony Brook conducts research and technology development in the areas of functional genomics instrumentation, gene discovery, drug design and delivery, and smart micro- and nano-based biomaterials and biosensors. Chief partners are Brookhaven National Laboratory and Cold Spring Harbor Laboratory.
According to a National Science Foundation Study, doctorate granting institutions in New York invested a record $2.03 billion in research in 1999, up 7.88% from the previous year -- a rate of increase higher than any other U.S. state with more than $1 billion in R&D spending.
The New York Biotechnology Association (NYBA) represents more than 260 biotechnology companies, academic and research institutions, as well as professional service providers. NYBA promotes cooperation between academia and industry and new and established companies. Larger member companies of the NYBA often make specialists from their own organizations available to offer assistance with start-up ventures.
With your Adirondack location in the Tech Valley of New York State, you'll enjoy the connections that come from relationships with neighboring small to medium-sized biotech companies as well as regional communities offered through Bioconnex . Bioconnex is dedicated to the development and growth of the biotechnology community and to strengthening the competitiveness of the region as a premier location for biotech research, education and industry.
The Biomedical Research Alliance of New York (BRANY) provides excellence, quality and efficiency in the ethical conduct of clinical research for the members of their alliance, pharmaceutical and biotech sponsors, as well as the public in general.
High Tech Research & Development support is available through the services of Empire State Development, including assistance in locating the ideal site, workforce & demographic data, tax and financial incentives.

From State to Regional to Local we have the assistance you need to get your business down to business with just a quick click or call. Development experts with the Essex County Industrial Development Agency and their partners are ready to work with you to locate the right site to meet your company's unique needs, the community you'll feel most at home in, workforce selection and training, getting all the paperwork in order, the incentives and funding that will get your business working in the Adirondacks.