New York Integrates Universities with Economic Development

New York Governor Andrew M. Cuomo signed legislation that provides new capital funding to the state’s public university system and establishes the SUNY system as a catalyst for the state’s regionally-focused economic development strategy. The NYSUNY 2020 Challenge Grant Program will provide $140 million in new capital funding to the four SUNY University Centers, enabling infrastructure development to advance research and innovation. The program integrates the state university system with New York’s economic development plans, recognizing SUNY’s role in driving business and economic development in local communities and throughout the state.

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