June 8, 2009
In an address today before an impressive gathering of technology leaders, Governor David A. Paterson outlined the five core elements of the state’s economic development strategy, which he labeled the “5 I’s: Infrastructure, Intellectual Capital, International Efforts, Investment Strategies, and Innovation.”
Governor Paterson’s address concentrated on the importance of “Innovation” to the future of New York State. During the speech, the Governor announced a $100 million Innovation Economy Matching Grant program to strengthen applications by New York universities, institutions and companies in competing for science and technology funding under various federal stimulus programs. The proposal would provide a 10% match to applications involving funding which benefit strategic industry sectors and builds off the state’s research strengths.
To link to Governor Paterson’s white paper click here.
Governor’s Speech http://www.ny.gov/governor/keydocs/speech_0608091.html
Governor’s Press Release http://www.state.ny.us/governor/press/press_0608091.html
Video of the Governor’s Speech: http://www.ny.gov/governor/
