February 03, 2011
By: by Eric Anderson, Business Editor, Times Union
ALBANY -- Alain Kaloyeros says he's heartened that Andrew Cuomo renewed the state's commitment to nanotechnology research and commercialization when the newly elected governor delivered his budget proposal on Tuesday.
Kaloyeros, senior vice president and CEO of the College of Nanoscale Science and Engineering at the University at Albany, has overseen the expansion of semiconductor research and commercialization into a multi-billion-dollar complex, creating thousands of jobs and attracting companies from around the globe. Lately, other centers have been established in New York state, complementing what's done at UAlbany.
The governor's budget proposal "sends a couple of key messages," Kaloyeros said Wednesday evening. "The funding for research and development, and the (industry) partnerships, is stable. It also allows us to continue the investment and attraction efforts that are under way."
Albany Nanotech, as the complex on Fuller Road across from the main UAlbany campus is known, employs more than 2,500 researchers, technicians and others, working on technology problems common to all semiconductor manufacturers. Researchers for individual companies can then privately develop those common breakthroughs into competitive products.
The budget proposed by Cuomo includes the following, all unchanged from the current year's budget, according to CNSE:
"It's very important from the psychological commitment perspective that New York state is behind these programs," Kaloyeros said. "The stability and continuity are essential."
Read more: http://www.timesunion.com/default/article/Budget-proposal-with-nanotech-messages-993619.php#ixzz1CuMMnEgF