What does 3D printing mean for startups, small-to-medium manufacturers, and companies that haven’t even been created yet? Terry Brock, a contributing writer for Buffalo Business First, believes that 3D printing means “entrepreneurial opportunities.” UPS, the world’s largest package delivery company, seems inclined to agree. What can smaller manufacturers learn from a company whose core competency isn’t manufacturing?
SUNY Polytechnic University is helping make New York State a leader in semiconductor manufacturing. Formed in 2014 through the merger of the SUNY Institute of Technology and the University of Albany’s College of Nanoscale Science and Engineering, the public research university has campuses in Albany and Marcy, New York. Last summer, a public-private consortium led by SUNY Poly won a $110-million federal grant for an Integrated Photonics Institute in Rochester. Recently, SUNY Poly won another major prize.
Federal tax credits for research and development (R&D) aren’t just for large companies performing groundbreaking research. Thanks to the Protecting Americans from Tax Hikes Act of 2015 (PATH Act), businesses of all sizes can benefit from the R&D tax credit. That’s good news for startups and small-to-medium sized businesses, but applicants still need to establish a documentation process and appropriate tracking mechanisms. Is your NYS business able to claim this federal tax credit?
Empire State Development’s (ESD) Division of Science, Technology and Innovation (STI) is driving the global competitiveness of New York State in the manufacturing and technology sectors. Through industry connections, technology development and adoption, workforce development, and growth services, STI is helping new and existing businesses to become more competitive.
What do Big Data and social networking have in common? They’re driving the digital transformation of your business. Like it or not, more than your corporate strategy could change. According to Eric Clemmons, a Wharton professor at the University of Pennsylvania, the “digital transformation of the firm” could alter your organization itself. Are you ready for changes in decision rights, incentive systems, and information flows?