Release Date: August 7, 2013
BUFFALO, N.Y. – Entrepreneurs and small- to mid-sized businesses in Western New York seeking to enhance their competitive edge can receive up to $25,000 in matching funds for technical assistance from the University at Buffalo’s School of Engineering and Applied Sciences.
The Strategic Partnership for Industrial Resurgence (SPIR) grant helps subsidize the cost of bringing innovations to the next level, upgrading or introducing new technologies, addressing the challenges of product development and testing, and more.
SPIR is funded by the State University of New York (SUNY) and administered by UB TCIE and counterparts at Binghamton and Stony Brook universities. It allows companies with 500 employees or less to tap into SUNY's brainpower, which includes seven UB engineering departments.
Funds are available for research and development projects, re-engineering business processes and enhancing business systems, accessing shared instrumentation facilities, and employing graduate student interns. Capital expenses are not covered.
“With a new academic year around the corner, and UB faculty and graduate students ready to assist industry, now is a great time to explore how the cost-effective engineering expertise at UB can help advance your company,” said Timothy Leyh, UB TCIE executive director. “Perhaps you don’t have the time or internal resources to take on a special project, or you have met a brick wall in deriving an appropriate solution.”
In the 2012-13 fiscal year, companies that received SPIR funding reported creating 79 jobs, retaining 1,682 jobs and increasing revenues by more than $18 million. Examples of some projects undertaken at companies include:
To be considered for SPIR, contact TCIE Business Development Director Gary Simon by Sept. 6 at 716-645-8837 or firstname.lastname@example.org.
A program of the UB 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. Its core focus on engineering solutions and operational excellence drive continual improvements, and ignite innovation and technological advantage. For more information on how TCIE can assist Western New York businesses, go to www.tcie.buffalo.edu or call 716-645-8800.