Congresswoman Louise Slaughter announced a 610-thousand dollar federal grant, along with matching private funds, to help companies at Eastman Business Park bring their innovative ideas to market faster.
A total of 1.2-million dollars in public/private funds will go to assist technology developers as they go from concept to commercialization, according to Eastman Business Park marketing director Kelly Mandarano.
She explains that many companies coming out of the incubator or innovation stage struggle with their commercialization from pilot to development.
Slaughter says Eastman Business Park is one of the region's greatest economic assets, and a magnet for high-tech energy companies.
She calls the cutting edge technology coming out of Eastman Business Park remarkable, and it represents the future of Rochester
The grant will fund the Innovation, Manufacturing and Materials Science Institute at Eastman Business Park.