The New York State Cleantech Innovation Ecosystem: Bringing Cleantech to Market
From concept to commercialization, clean energy innovations come to life in New York. The vibrant cleantech ecosystem means real-world impact, right here, right now. With far more than just one high-tech corridor or single incubator region, New York State and NYSERDA have a broad and sustained commitment to helping inventors, innovators and investors bring clean energy technology to market.
As Governor Andrew M. Cuomo has stated, “With our central location, our wealth of resources, our unequalled network of colleges and universities, and our diverse, innovative, educated and hard-working residents, New York is a premier place for businesses to invest and grow.” Nowhere is this truer than with cleantech innovation.
When Resources Come Together, Great Things Happen
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A global leader in cleantech, New York State has a vibrant innovation ecosystem that brings together human capital, investment and infrastructure to drive development and commercialization.
New York State is a hotbed for powerful connections at every phase of clean energy exploration, funding, manufacturing and marketing—making this the go-to market for interstate partnerships and sourcing:
Entrepreneurs and Inventors
Entrepreneurs and inventors can find the capital and talent for R&D, and the business partners to navigate policy and process they need to get to market. In fact, New York continued to hold the top ranking in the 2011 State Entrepreneurship Index published by the University of Nebraska-Lincoln
. The study cites New York’s strong performance in gross receipts per capita and substantial improvement growing employer establishments and establishments per capita.
Venture Capitalists and Angel Investors
Venture capitalists and angel investors can identify viable concepts backed by extraordinary R&D, academic and world-class manufacturing resources.
Colleges and Universities
Colleges and universities can turn brain power into buying power to continue our state’s leadership in patents, business incubation and commercial/academic partnership.
Bold Startups and Proven World Players
Bold startups and proven world players find the funding, talent, and partnerships they need to advance cleantech manufacturing in New York State. In fact, between 2003 and 2010, New York added 60,190 cleantech jobs to see the sector grow by 5.8 percent annually. Two of our regions ranked #1 in the nation in clean jobs. Albany-Schenectady-Troy has the highest share of clean energy jobs per all jobs (6.3 percent of all jobs), and the metro New York City area is first in terms of the overall size of its clean economy out of the 100 largest U.S. metropolitan areas. 1
1) Source: “Sizing the Clean Economy, The Clean Economy in the State of New York.”
July 2011. Brookings.edu
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Video Tells Firsthand Story of the New York Clean Energy Technology Ecosystem
See real-world results and New York companies' stories about how Cleantech Thrives in New York. Watch the Cleantech Thrives in New York video.
Last Updated: 05/21/2013