SUNY Research Foundation Tech Transfer Hubs
Take Shape Across New York State

Regional Technology Transfer Operations Form to Stimulate Economic Growth and Entrepreneurial Opportunity

Albany, NY — The State University of New York (SUNY), in partnership with The Research Foundation of SUNY and SUNY campuses statewide, has launched five regional “Technology Transfer” hubs across the SUNY research enterprise as part of a novel effort to spur new high-tech business opportunities and stimulate economic growth across New York State. The move is in direct alignment with the SUNY Strategic Plan to build the Entrepreneurial Century.

Technology Transfer operations at the University at Albany, Binghamton University, University at Buffalo, the College of Nanoscale Science and Engineering, and Stony Brook University, which collectively are responsible for more than $1 billion in research expenditures, will serve as regional service providers for nearby SUNY campuses to turn SUNY innovations, inventions and ideas into products and materials for everyday public benefit.

SUNY College of Optometry, Upstate Medical University, Downstate Medical Center and SUNY College of Environmental Science and Forestry already operate through a single point of contact for regional handling of technology transfer and licensing matters.

“The regionalization of SUNY’s technology transfer operations is a clear expression and application of the Power of SUNY,” said SUNY Chancellor Nancy L. Zimpher. “Relying on the established expertise of the SUNY research community, our goal is to build a best-in-class innovation infrastructure that cultivates entrepreneurial thinking, drives new industry, creates jobs and improves the quality of life in our communities.”

Efficient technology transfer operations close the gap between innovation and implementation, leading to a more rapid introduction of new products and services into the market place. The process includes license negotiation, idea and patent protection and other stages of administration and oversight.

University research centers and associated business incubators are responsible for innovation in a variety of fields such as biomedical and pharmaceutical, energy, high performance computing, and nanotechnology. Examples of inventions that result and which benefit the public include faster computer processors and environmentally friendly energies and consumer products.

“Transferring technology from university and college research institutions advances the way we live and work,” said Dr. James A, Weyhenmeyer, Senior Vice President for Research at the Research Foundation. “The launch of the SUNY regional technology transfer plan represents significant progress toward our strategic goal to provide outstanding management services and stewardship to the SUNY community.”

ABOUT THE STATE UNIVERSITY OF NEW YORK
The State University of New York is the largest comprehensive university system in the United States, educating nearly 465,000 students in 7,351 degree and certificate programs on 64 campuses. To learn more about how SUNY creates opportunity, visit www.suny.edu.

ABOUT THE RESEARCH FOUNDATION
The Research Foundation of the State University of New York (RF) is the largest most comprehensive university-connected research foundation in the country. The RF and its affiliated corporations administer over $1 billion in research funding and facilitate university-industry-government partnerships to accelerate the growth of sponsored program and applied research opportunities at SUNY.

The RF is a private non profit educational corporation that provides SUNY faculty, students and staff with the support and flexibility necessary to focus on research and other sponsored programs funded by federal and state governments, private sector companies and nonprofit foundations. Areas of research and associated initiatives encompass a vast range of disciplines including life sciences and medicine; engineering and nanotechnology; physical sciences and energy; social sciences; computer and information sciences as well as training and education programs.

RF staff work with academic and business leadership to support essential research and discovery that translate into invention, innovation, entrepreneurship, economic opportunity and public benefit. RF research initiatives across the state are at the core of the Power of SUNY. For more information about the RF visit www.rfsuny.org. For more information about the Power of SUNY, visit www.suny.edu.

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