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Research-and-Development-Tax-Credits

R&D Tax Credits for Startups, Small-to-Medium Sized Businesses

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?

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How-STI-supports-NYS-manufacturers

How STI Supports NYS Manufacturing

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.

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Decision-making-in-information-age

Get Ready for Digital Transformation

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?

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Future-of-IoT-and-manufacturing

What’s the Future of IoT? (And Why Manufacturers Care)

For the third year in a row, the Internet of Things (IoT) was the talk of the Consumer Electronics Show (CES). Gadgets aren’t industrial equipment, however, and manufacturers need more than smart lightbulbs and wireless speakers. According to Forrester Research, IoT technologies are still “immature.” In fact, many are in the survival phase of Forrester’s TechRadar model. Does this mean manufacturers can ignore IoT then?

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Manufacturing-challenges

Top Challenges Faced By Small And Medium-Sized Manufacturers

How much does your manufacturing company know about NIST MEP? And much does NIST MEP seem to know about you? Recently, the National Institute of Standards and Technology (NIST) Manufacturing Extension Partnership (MEP) asked small-to-medium manufacturers to predict their top three challenges over the next three years. Do the answers that these companies provided reflect what challenges you?

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Will-3D-printing-disrupt-your-supply-chain

How Will 3D Printing Affect Your Supply Chain?

It’s trendy to talk about 3D printing as a “disruptive” technology. Yes, additive manufacturing changes the way that we make things. Instead of subtracting materials to shape objects, manufacturers build products in layers. But 3D printing isn’t just about using a different equipment set. Additive manufacturing, according to one national security expert, could mean retooling your supply chain for a strategic upheaval.

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