Gov. Andrew M. Cuomo is hoping to duplicate in Buffalo the success the state had in turning the Capitol District into a hub for nanoscience.
But Cuomo’s announcement for a $225 million state investment in a Buffalo hub for high-tech and green energy businesses doesn’t involve nanotechnology.
Cuomo is hoping the economic development model that was so successful in Albany can catch lighting in a bottle a second time in Buffalo.
“There will never be a Nano 2,” Cuomo said during a meeting with reporters and editors from The Buffalo News. “But it’s the same basic concept.”
The idea is to build a research and development center that has the right combination of expensive equipment needed by clean energy firms to develop new products – gear that is too costly for them to buy on their own. By giving those businesses access to state-of-the-art facilities, the Cuomo administration hopes green energy firms will flock to the Buffalo hub, much as chip manufacturers have beaten a path to Albany and the cutting edge facilities that the state built years ago under the direction of Alain E. Kaloyeros, the senior vice president and CEO of the SUNY College of Nanoscale Science and Engineering.
“He’s taken the best of his model to Western New York,” Cuomo said. “It’s a different application. Albany is in the chip-making business. This is in the clean energy business.”