Buffalo, NY—The University at Buffalo (UB) President Satish Tripathi expressed excitement as U.S. Senate Majority Leader Charles E. Schumer announced a $40 million grant to advance semiconductor manufacturing, research, and education in the Buffalo-Rochester-Syracuse region.
Key Highlights:
- $40 million grant part of the CHIPS & Science Act.
- First major Tech Hub award in the nation.
- Focus on semiconductor manufacturing and workforce development.
The funding, announced at the Northland Workforce Training Center in Buffalo, is part of the CHIPS & Science Act passed by Congress in 2022. The Buffalo-Rochester-Syracuse region is among 11 metro areas nationwide, receiving a total of $464 million to support technology hubs, traditionally concentrated in large coastal cities.
“This is a monumental victory for the Buffalo-Rochester-Syracuse region as the first major Tech Hub award in the nation,” Schumer stated. “America’s semiconductor future runs through the heart of upstate New York along the I-90 corridor.”
UB President Tripathi, along with Vice President for Research and Economic Development Venu Govindaraju, thanked Sen. Schumer, Rep. Tim Kennedy, and others for their support. Tripathi emphasized UB’s pivotal role in the NY SMART I-Corridor Tech Hub, which aims to transform the region into a national center for semiconductor manufacturing with a robust supply chain and skilled workforce.
“UB is honored to harness our research and industry partnerships in service of this regional tech hub,” Tripathi said. “This initiative will transform our region into a national center for semiconductor manufacturing bolstered by a robust supply chain and workforce.”
Monroe Community College in Rochester will lead efforts to train thousands of workers for the semiconductor industry, while Syracuse University will assist small and medium-sized companies in commercializing their products.
This $40 million grant is set to revolutionize the Buffalo-Rochester-Syracuse region, making it a national center for semiconductor manufacturing and innovation.
As UB and its partners gear up for this monumental project, the impact on the Indian and South Asian communities in the US will be significant, offering new opportunities and driving technological advancements.