Steiner says new grant program will help create jobs and boost economy

This information comes from Genesee Community College.

A new challenge grant program to aid SUNY's four research centers will also create facilities and programs that strengthen the business climate and boost private sector job creation, according to Genesee Community College President Stuart Steiner.

NYSUNY 2020, a new economic development initiative announced earlier this week by SUNY Chancellor Nancy L. Zimpher and Governor Andrew M. Cuomo, aims to spur economic recovery in New York State and create jobs.

The program will rely on a mix of public and private funding, including financing from the Empire State Development Corporation and SUNY Construction Fund.

"We have opportunities right here in Western New York to build thriving industries in such emerging fields as biotechnology, high-tech agribusiness, information technology and many others," Steiner said. "The new SUNY strategic plan commits our university system to help restore an entrepreneurial spirit in New York State. We look forward to NYSUNY 2020 becoming a vital part of this effort.

"Each of our four SUNY university centers -- located in Buffalo, Albany, Binghamton and Stony Brook -- already possesses world-class research and development capabilities. NYSUNY 2020 can help bolster the scientific and technological expertise of these research institutions, and result in business and job creation in their surrounding communities. NYSUNY 2020 is good for SUNY and good for New York.

"Through The BEST Center and through our partnerships with such organizations as chambers of commerce and the Genesee County Economic Development Center, we at Genesee Community College are already working to boost the economic climate of our Genesee, Livingston, Orleans and Wyoming region. We look forward to the work our great research centers will be able to do through NYSUNY 2020, especially The University at Buffalo, and to be partnering with UB on projects that create businesses and jobs in our local communities."