July 31, 2013

Commerce Department plans to replicate Nanocollege's public-private model

By: Haley Viccaro

Source: The Business Review

The U.S. Secretary of Commerce Penny Pritzker said she wants the Nanocollege’s public-private partnership model used throughout the country to create other technology innovation hubs.

Pritzker visited the College of Nanoscale Science and Engineering in Albany, NY on Tuesday as part of a listening tour focused on economic development efforts nationwide. She said CNSE is “unique in the world.”

“It requires the kind of partnership between universities, the private sector, and the federal and state government to make this happen,” Pritzker said. “It is something that is not possible without all of these parties coming together.

The U.S. Department of Commerce’s goal is to expand national manufacturing by bringing various sectors together to push innovation in science and technology, Pritzker said.

“This is absolutely necessary for our country to remain innovative and competitive in the 21st century,” she said. “There is enormous interest around the country to replicate this kind of system.”

Pritzker said what impressed her most about the Nanocollege is the “absolute commitment” of the private companies that are working alongside each other in one complex.

“My hope is to continue to promote the idea of these kinds of collaborations and expand them across the country,” she said.

Pritzker's visit included a roundtable discussion with CNSE executives and industry leaders about ways the government can replicate the nanotechnology hub in Albany with other fields across the country.

The State University of New York Board of Trustees voted to split the Nanocollege from the University at Albany earlier this month. Pritzker congratulated CNSE during the roundtable discussion on becoming their own campus.

The Nanocollege is an $18 billion complex working with private companies to help create the next-generation of computer chips. The college works with more than 300 companies and houses about 3,100 employees.