Martin Walls
(315) 443-8951
New York Assemblyman William Magnarelli (D-120), along with the Syracuse Center of Excellence and CenterState Corporation for Economic Opportunity (CEO), announced July 19 that five Upstate New York companies are the recipients of fifth-round Commercialization Assistance Program (CAP) awards—totaling $246, 475—to promote the commercialization of innovative green and clean technologies. The announcement was made at Syracuse University’s Green Data Center on SU’s South Campus, where technology by one of the recipients, Vette Corp., is being used.
Combined, the projects being commercialized by these companies—thanks to funding secured by Magnarelli—have the potential for creating as many as 111 high-value jobs and tens of millions in new revenue for Central Upstate New York and other Upstate regions over the next five years.
“CAP is a great opportunity for local entrepreneurs who focus on environmentally friendly products to stay in the Central Upstate New York area and commercialize their products,” says Magnarelli. “The renewed emphasis on green and clean products and services will allow Syracuse and its surrounding area to continue to distinguish itself as a leader in the field of environmentally-friendly product production.”
The five CAP award-winning companies and their projects are:
The Commercialization Assistance Program—which over five rounds has awarded a total of more than $1 million to 21 Upstate companies—is made possible by a grant secured by Magnarelli, administered through SyracuseCoE and CenterState CEO. CAP grants are awarded for projects that commercialize new products and services in the fields of indoor environmental quality, water resources and clean and renewable energy—the three focus areas of the SyracuseCoE.
To date, CAP has created or retained more than 152 green and clean technology jobs in New York state. Companies that have benefitted from the program can point to new products and services and, in some cases, new companies and expanded operations that are gaining a foothold in this competitive market.
Four of these companies are: O’Brien & Gere of East Syracuse, which thanks to a 2001 CAP grant has successfully commercialized systems for the capture and control of pollutants from industrial processes such as indoor dry material handling, surface coating, electroplating and metal machining; OrthoSystems of Syracuse, which thanks to a 2004 CAP grant has spun off AlloCAS, Inc., a company that sells molecular sensors for the rapid detection of waterborne pathogens and bioterror agents, and has leveraged more than $230,000 in additional R&D funding; NuClimate of East Syracuse, which thanks to a 2004 CAP grant has commercialized its “Q” Air Terminal, expanding its production facility from 4,000 to 15,000 square-feet and reporting $5 million in sales and $4.5 million in orders up to the fourth quarter of 2009; and Isolation Sciences of Williamsville, N.Y., which thanks to a 2008 CAP grant has received a patent for its energy efficient fumehood kit.
“For today’s CAP award recipients, these grants will help to bridge the gap from a smart idea to a great new product and, ultimately, a successful generator of jobs and revenue for the region,” says Robert M. Simpson, president of CenterState CEO. “Together with Assemblyman Magnarelli and SyracuseCoE, we are proud of the jobs and economic impact that this program has already achieved and the promise it holds for the region’s future.”
”SyracuseCoE’s Commercialization Assistance Program is a key stage in our innovation ecosystem model that seeks to take green and clean innovations from laboratories and workshops and into residential and commercial buildings, where they will create energy-efficient and more healthful and productive environments,” says Ed Bogucz, executive director of SyracuseCoE. “None of these innovations would be possible without collaboration. I applaud these companies and universities for working together to develop, demonstrate and deploy urgently needed technologies, as well as Assemblyman Magnarelli and CenterState CEO for their continued support of and assistance with CAP.”
Syracuse Center of Excellence (syracusecoe.org) accelerates the creation of environmental and energy innovations for a sustainable future, engaging collaborators at 200+ companies and institutions to address global challenges in clean and renewable energy, indoor environmental quality, and water resources. Our members conduct targeted research, demonstrate new technologies, commercialize innovation and educate the workforce.
CenterState Corporation for Economic Opportunity (centerstateceo.com) is a non-profit regional growth organization serving individuals, businesses, and communities across 12 counties in the heart of New York State. CenterState CEO works to achieve economic growth and prosperity through partnerships, planning and problem-solving. It identifies key issues of importance to its members, focuses on their collective vision; sets the regional economic development agenda; communicates business priorities to community leaders; pursues strategic investments; and responds to meaningful opportunities for the benefit of the region.
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