BUFFALO, N.Y. -- Businesses in Western New York seeking to
expand or improve operations can receive up to $25,000 in matching
funds under a grant program administered by the University at
Buffalo.
The program, called Strategic Partnership for Industrial
Resurgence (SPIR), aims to bolster the state's economy by promoting
the transfer of knowledge from university to industry. It also
provides businesses with consultation, technical assistance,
research facilities and resources for industrial restructuring.
SPIR is funded by the State University of New York and
administered by UB TCIE and counterparts in Binghamton and Stony
Brook. It allows companies with 500 employees or less to tap into
SUNY's brainpower, which includes seven departments at UB's School
of Engineering and Applied Sciences.
"Businesses don't always have the technical capabilities
necessary for elevating their competitiveness," said Timothy Leyh,
TCIE executive director. "SPIR provides a cost-effective way to
access university engineering resources that can foster advancement
in the marketplace."
TCIE works with roughly 30 companies annually, helping them
upgrade or introduce new technologies, address product development
and testing challenges, enhance improvement programs, and become
more sustainable. In the 2011-12 fiscal year, companies that
received TCIE funding reported creating 371 jobs, retaining 5,600
jobs and increasing revenues by more than $28 million.
Grants through SPIR, which underwrite up to 50 percent of
project costs, do not cover capital expenses. But SPIR grants can
help businesses:
-- Expand their product portfolio by tapping into research and
development opportunities.
-- Benefit from the expertise of more than 250 engineers and
scientists.
-- Overcome staffing constraints with graduate student
interns.
-- Access advanced manufacturing equipment and high-tech
laboratories
-- Compete for state and federal grants
To be considered for SPIR, contact TCIE Business Development
Director Gary Simon at 716-645-8837 or ggsimon@buffalo.edu.
A program of UB's School of Engineering and Applied Sciences,
TCIE is Western New York's bridge to excellence by providing a
dynamic link between UB's expert resources and the region's
business community. TCIE's engineering solutions ignite innovation
and technological advancement, and its core focus on operational
excellence drives continuous improvement. For more information on
how TCIE can assist Western New York businesses, visit http://tcie.buffalo.edu or call
716-645-8800.