Posted: April 18, 2008 |
Officials to detail Albany NanoCollege deal |
(Nanowerk News) Sen. Charles Schumer is planning to announce what he called a "landmark agreement" that will create a partnership between the federal government and the University at Albany's College of Nanoscale Science and Engineering.
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Schumer (D-NY) said the agreement, which he will formally announce on Monday at the college, will bring federal research expertise and resources to the Albany NanoTech campus where UAlbany's NanoCollege is located.
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Schumer said the partnership will trigger a new wave of funding to Albany NanoTech. The senator said he had previously secured $900,000 for a new nanotech research center at Albany NanoTech. That funding, which he called seed money, will jump-start further investments in the center totaling $14 million.
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Schumer said he brokers an agreement between the Albany NanoTech and the National Institute of Standards and Technology. He will be joined by James Turner, head of NIST, on Monday.
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Schumer's spokesman Alex Detrick said the senator's announcement will include details on job training programs and tax credits.
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