UAlbany's Institute for Materials will host the physical space for the incubator once the planned new wing at the Center for Environmental Sciences and Technology Management on Fuller Road in Albany is completed. Start-ups that join the university programs can take advantage of investor networks, energy experts and the resources the schools provide. Murphy, manager of enterprise development programs at the National Renewable Energy Lab. We wanted to make the same kind of opportunities, that have been available to the software and telecommunications industries, available to energy companies,'' he said.
New technology is an important part of that solution.
We believe strongly in a high-tech involvement,'' Tonko said. The National Renewable Energy Lab's incubator program fits well with the efforts of both RPI and the materials institute, officials at both schools said. The materials institute is focused on developing technologies that have an impact on the semiconductor industry, and quality energy is perhaps the biggest concern of semiconductor manufacturers, said Alain Kaloyeros, executive director. Bela Musits, director of RPI's incubator program, said combining the strengths of both universities creates a ''world-class facility'' and throws a spotlight on growth opportunities in the Capital Region. It's the advantage of technology resources and human expertise that will help these start-ups receive funding and national recognition, said Michael Fancher, director of economic outreach at the UAlbany Institute for Materials.