Empire State Development’s Division of Science, Technology & Innovation (NYSTAR) was awarded funding from the Department of Defense Office of Economic Adjustment for an initiative to increase New York State companies’ competitiveness by assisting defense focused organizations with diversification efforts aimed at making them more resilient to Department of Defense spending fluctuations. NYSTAR funds over 70+ centers which can provide vital tools to organizations that otherwise would not be able to access such resources to accomplish the advancements needed for growth and diversification.
As part of this program NYSTAR will be holding a match-maker style event, where defense focused manufacturing organizations meet directly with hand-picked business and technology experts in one-on-one consultations. Attendees will be given the opportunity to meet with and learn about the expertise offered by such resources and see how this could fit into their diversification ideas and plans. Companies are encouraged to collaborate with these resources on diversification projects and talk about the potential support for the completion of such projects.