Create an innovation asset and innovation expertise engagement network with semiconductor-relevant facilities and expertise to enable small and medium sized firms to collaborate with colleges,…

Active Project Grant Awarded Last action

Award ID
ED24HDQ0G0496
Recipient
Awarding agency
Obligated
$14,999,731

Award facts

Assistance listing
11.039 Regional Technology and Innovation Hubs
Completion date 52% complete
Funding
  • $9,999,731.00 Federal
  • $5,000,000.00 Non-federal
Place of performance
Syracuse, NY 13244, USA

Award details come from USAspending.gov.

Description

Expected outcomes
Innovation asset/expertise inventory completed and fully-staffed innovation engagement network built out. Innovation vouchers used by small and medium sized firms. Academic and private sector entities participate in IP framework, with regular IP workshops and memoranda of understanding across research institutions. Community of practice facilitates knowledge sharing and collaboration through meetings and conferences, and universities align on internship programs.
Intended beneficiaries
Innovation asset mapping and innovation vouchers support small and medium sized businesses commercializing technologies. Academic and private sector participants in the hub benefit from clear IP framework and IP support services, streamlining technology transfer, commercialization, and licensing. Community members and students access increase learning opportunities, programming, and internship / CO-OP opportunities.
Subrecipient activities
Rochester institute of technology, university of rochester, cornell university, and university of buffalo will support the activities included in this project, including developing the innovation asset/expertise engagement network, building out knowledge/IP collaboration architecture, and creating a formal community of practice in the tech hub.

Subawards

Subrecipient Amount Awarded
Launch New York, Inc. The Subrecipient agrees to report on the Project’s performance and impacts as summarized as follows: a. During the Period of Performance: i. Progress Reports… $100,000
The Research Foundation For The State University Of New York SUNY Buffalo - NY SMART I-Corridor Commercialization and Collaboration Center Tech Hub $229,437
Cornell University NY SMART I-Corridor Commercialization and Collaboration Center (C3) Tech Hub. The sub-recipient will work with Syracuse University and other C3 members to… $504,619
Rochester Institute Of Technology NY SMART I-Corridor Commercialization and Collaboration Center (C3) Tech Hub. The sub-recipient will work with Syracuse University and other C3 members to… $1,206,898

Quick answers

Who received award ED24HDQ0G0496?

ED24HDQ0G0496 was awarded to Syracuse University by Economic Development Administration (Department of Commerce) on October 1, 2024.

How much is award ED24HDQ0G0496 worth?

$14,999,731 has been obligated on ED24HDQ0G0496: $9,999,731 in federal funding and $5,000,000 in non-federal funding.

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