Clarkson's CAMP provides $275 million in economic benefit to New York State and companies
POTSDAM -- Clarkson University’s Center for Advanced Materials Processing (CAMP) provided $275 million in economic benefit to New York State and companies within it over the last 10 years.
“The economic benefits of this partnership, which include increased sales, cost savings, external funding received as well as investments, were about $275 million. In addition, 180 new jobs were created and 20 jobs were retained during the same period," says a Clarkson press release.Clarkson Provost Thomas C. Young said, "As an institution, we are proud that our materials-related problem-solving teams can provide such outstanding support for the New York state corporate sector and economy, and that of the world."
CAMP is a New York State Center for Advanced Technology (CAT) dedicated to the synthesis and processing of advanced materials extending to the nanoscale range. It is funded at $923,000 per year by the New York State Foundation for Science, Technology and Innovation (NYSTAR), and through $300,000 per year membership fees paid by companies in the state and outside, including one in Japan.
CAMP faculty members receive additional research support of an estimated $6 to 7 million each year from federal and New York State agencies, as well as companies around the world.
CAMP's mission is to perform innovative research and conduct educational efforts on the synthesis and processing of advanced materials of value to industry.
More about CAMP is at http://www.clarkson.edu/camp .