Research Institutions Can Spark New York's Future, Gillibrand Says
U.S. Sen. Kirsten Gillibrand says Clarkson University is playing a key role in giving student and faculty entrepreneurs a venue in which they can turn advance scientific discoveries into start-up businesses with marketable products.
Gillibrand was on the Clarkson campus Friday to tour several exhibits by innovative start-up businesses.
Gillibrand says she is pushing Congress to support legislation to provide capital assistance to ventures in an effort to help spur high-tech jobs.
The "America Innovates Act" would provide a pool of money for grants and loans to help train students how to turn their research and ingenuity into products that would pay off with jobs.
"The first thing it does, is it creates an innovation bank which basically is aimed at universities and colleges and research institutions that do the hard work of creating the scientific opportunity for their researching students to come up with these ideas," Gillibrand said.
Those ideas, she said, can then be turned into commercial products.
Gillibrand says spurring the growth of technology jobs in the North Country is what she describes as "the future of our economy."
Wednesday, May 22, 2013, Watertown, NY
On Wall Street