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.”
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.