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New York Bets on High-Tech to Aid Upstate

October 28, 2006 /

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State and local governments are betting big on this high-tech vision, with grants, tax breaks and other subsidies of more than $1 billion, mainly in the last five years. More government backing has been pledged. That bet may already be paying off. There are recent signs, from big-company investments to the birth of small start-ups, to suggest that the technology cluster is gaining momentum.

By STEVE LOHR

Full Story: http://www.nytimes.com/2006/10/28/technology/28chips.html?hp&ex=1162094400&en=81963a354abedcc6&ei=5094&partner=homepage

(Many thanks to Hayla C. K. Wahl for passing this along. Russ)

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