Economic development coming to Binghamton through NYSUNY 2020
Yesterday, Binghamton University presented its NYSUNY 2020 plan to Governor Andrew Cuomo, SUNY Chancellor Nancy Zimpher, and state legislative leaders. A video of the event is available online.
The plan is Binghamton University’s application for Gov. Cuomo’s NYSUNY 2020 Challenge Grant, an initiative designed to make the State University of New York a leading catalyst for job growth in New York, while strengthening its academic and research programs. The initial phase of the program awards a $35 million capital construction challenge grant to each of SUNY’s four university centers upon approval of a detailed, long-term economic development and academic enrichment plan. The NYSUNY 2020 program was extended to the remaining SUNY campuses in this year’s state budget.
The BU presentation and plan were well received by both Cuomo and Zimpher. Calling it “truly very impressive and well thought out,” Cuomo said, “The leverage that you bring in the plan, I think, is extraordinary—the work you’ve done to identify the private-sector jobs, which to me this is all about, and that you are also in the right area, the growth area.
“This is the challenge for the state, this marriage of our best academic institutions creating products that we can commercialize, and that synapse is what we have to develop. That’s the spot that we’re working on and I think this goes right to that. Well done.”
NYSUNY 2020 demonstrates what partnerships can do, said Zimpher.
“This plan strikes at a chord that this is really focused on the Southern Tier,” she said. “A great university will be known by its national and international reputation, but the heart of it is what the university can do for its community, its region and its state. This is a very proud moment for the State University of New York at Binghamton.”
NYSUNY 2020 plans for the University at Buffalo and Stony Brook University were approved by Governor Cuomo and Chancellor Zimpher in December.
For more information on BU’s NYSUNY 2020 plan, visit their website.