Press-Republican

Business

December 13, 2013

Region chosen as Innovation Hot Spot winner

PLATTSBURGH — The North Country Regional Economic Development Council was one of five chosen in the state’s Innovation Hot Spot competition.

The $250,000 award will be administered through Clarkson University and its Shipley Center for Innovation and Peyton Hall Incubator.

The goal is to connect businesses and educational institutions to bring new technologies to the market and create jobs.

The plan calls for a hub-and-spoke system that will reach out to colleges and institutions throughout the seven-county region, including SUNY Plattsburgh, Clinton Community College, North Country Community College, Trudeau Institute and the North Country Chamber of Commerce, with the latter facilitating connections in Quebec.

SUPPORT FOR STARTUPS

Council Co-Chair Garry Douglas, president of the North Country Chamber of Commerce, said the announcement proves the region has shown the state it is worthy of support and investment. 

“We not only earned Top Performer status for the third year in a row and more than $81 million, on top of $49 million announced two weeks ago, we have also won one of the five Innovation Hot Spots, another commitment by the state which we expect to nurture and grow in the years ahead as a support system for the incubation of innovative startups,” he said by email.

“We put forward a concept for a network as opposed to a single location, engaging Clarkson and its remarkable assets in support of business development across the North Country.

“They (the state) liked our approach, and we now have another new economic tool in the region.” 

PERU TRAIL

Thursday, North Country residents continued to savor North Country Regional Economic Development Council funding awards announced Wednesday.

The council received 79 awards that total $81.3 million, ranking as one of five Top Performers in the third round of awards. 

The Town of Peru received two awards that total $258,000 to go toward construction of a 1.5-mile paved trail for non-motorized use.

Text Only | Photo Reprints
Business
Colin Read's Column

Business Spotlight
Peter Hagar's Farm Column

Farm Briefs
Videos: Business News
After Fukushima, Japan Eyes Solar Power New York Auto Show Highlights Latest in Car Tech New York Auto Show Highlights Latest in Car Tech High-flying Tech Stocks a Concern for Investors "Heartbleed" Bug Puts Internet Security at Risk AP Tech Review: Samsung Galaxy S5 Toyota Recalls 1.8M Vehicles in the US Comcast Executive: 'Merger Not a Problem' Microsoft Ends Support for Windows XP Study: Airline Industry Complaints Drop in 2013 Study: Airline Industry Complaints Drop in 2013 Employers Add 192K Jobs; Rate Stays at 6.7 Pct Senators Press Barra About GM's Delay in Recall More Americans See Middle Class Status Slipping GM CEO Faces House Hearing on Recall NHTSA: GM Should 'Fix Vehicles Quickly' GM's CEO Testifies on Faulty Ignition Switches Owner, Families Share Cobalt Stories Jury Selection Begins in Apple-Samsung Case BMW Plans $1 Billion Expansion in South Carolina