"Hot Spot" Collaboration to Create Jobs and Boost Southern Tier Economy
Boosting the region's economy and creating jobs: according to Senator Charles Schumer, that's what "The Southern Tier Innovation Hot Spot" could do if it gets federal funding.
The collaboration would be between Binghamton University, Cornell University, Corning Inc., and Ceramics Corridor Innovation Center. Schumer is urging the U.S. Economic Development Administration to award the hot spot $500,000 over two years.
The ecosystem will combine the Southern Tier's strengths in engineering, materials science and manufacturing with business incubation and entrepreneurship to quicken development of product oriented start ups. The goal of the proposed project is to re-establish the Southern Tier as a great place to start and continually grow a product manufacturing company.