The Center for Advanced Technology (CAT) at Cornell University has gained a $9.2m grant from Empire State Development’s Division of Science, Technology and Innovation to continue its work for the next decade.
Empire State Development is the chief economic development agency of New York State.
Set up in 1983, CAT works to create academic–industry collaborations in the field of biotechnology. It also supports technological commercialisation events to support education in this area.
The centre is one of 15 located at universities across the state. Their overarching mission is to accelerate the high-tech economy in the state.
Jocelyn Rose, director of the Institute of Biotechnology and CAT at Cornell, said: “The successful launch of biotech products and services enabled by the Centre for Advanced Technology awards is testimony to the infrastructure that exists at Cornell for nurturing early stage discoveries and inventions in the life sciences, and facilitating their maturation into successful commercial enterprises.”
Michael Stamm, president of Tompkins County Area Development, said: “Cornell’s CAT has a proven track record of bridging the gap between world-class research and technology-based manufacturers. This is a great investment by the tax payers of New York state.”
