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State development money coming to Rochester
by Evan White
Gates, N.Y. -- Fresh off of a $17 million gift from the Wegmans Family Foundation for two projects at the University of Rochester, U of R President Joel Seligman felt good about raising money for area projects.
The Finger Lakes Regional Economic Development Council (FLREDC) held its first meeting of the season at the Wegmans Complex. Seligman proclaimed that this is the year to win the lions share of development dollars doled out by the state to the region with the best ideas.
Were very excited about getting $33 million for that STAMP project, said FLREDC co-chairman, Danny Wegman.
STAMP stands for Science, Technology and Advanced Manufacturing Park, a 1,279 acre site--in Batavia--designed for nanotechnology manufacturing.
The funds were appropriated in the recently passed state budget.
What were trying to do is make sure the whole region is focused on supporting the project from an educational standpoint and every standpoint we can.
Over the past two years, FLREDC netted $265 million from New York State, according to its website.
The money goes toward development projects that can help grow the local economy.
Seligman added that the council will try for capital funding for the Centers of Excellence and various projects throughout the city as well as focusing on bringing all nine Finger Lakes counties up simultaneously.
The centers are part of an initiative to support high technology partnerships between businesses and colleges in nanoelectronics, bioformatics, photonics, environmental systems, information technology, and wireless applications, according to Empire State Development