SUNY Adirondack hopes to attract business
| By Michael Goot, The Post-Star, Glens Falls, N.Y. | |
| McClatchy-Tribune Information Services |
The college is interested in having a company locate on or near the
The company would create jobs in the first year and its mission should also somehow align to the college to which it is considering to locate, according to criteria listed on the startup.ny.gov website.
The college
No specific businesses were mentioned at the meeting, but college officials wanted to have a template for an agreement in place if there were interest. SUNY Adirondack President
Duffy said the college does not want to have a business locate on campus that is in a similar industry to a nearby firm.
"It doesn't do us any good to put a business here that's going to compete with somebody down the road, put them out of business," she said.
Duffy is optimistic that these conversations could at least lead to internships for students -- even if it doesn't end up becoming a tax-free zone.
The draft language in the contract that states that college officials would support a business in the fields of agriculture, nursing, science, technology, engineering and math, which it has dubbed NSTEM, going into a 20,000-square-foot space. It would also support a building project that provides entrepreneurship training and contains a food hub and test kitchen lab for the college's pending new program of sustainable agriculture.
The college already has applied for a
If the business seeks a larger off-campus space, the agreement states that the college would support food and agri-manufacturing business and advanced manufacturers that provide training to partner with SUNY Adirondack's
The campus Start-Up NY plan must then go to the SUNY Board of Trustees for approval. Applications between a business and the college for the tax-free incentive would be reviewed by the
Contract approved
In other business, the
The union agreed to increase members' contributions to health insurance co-pays, which will save the college more than
"The parties were creative in providing for a reasonable wage increase while saving the college significant costs in connection with the health insurance coverage for the faculty," he said.
The contract now heads to both the
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