Tech Valley

Source: Wikipedia, the free encyclopedia.
Tech Valley
Region
Etymology: From "Tech" for the
845
Websitehttp://www.techvalley.org
The main laboratory building of the IBM Watson Research Center is located in Yorktown Heights, New York.

Tech Valley began as a marketing name for the eastern part of the

State University of New York Polytechnic Institute.[2]

Tech Valley grew to encompass 19 counties straddling both sides of the

Adirondack Northway, in Malta, New York.[9]

History

The name "Tech Valley", or "Techneurial Valley" as was originally used, is usually credited to Wallace "Wally" Altes, a former president of the

city of New York. The 19 counties were Albany, Clinton, Columbia, Dutchess, Essex, Franklin, Fulton, Greene, Hamilton, Herkimer, Montgomery, Orange, Rensselaer, Saratoga, Schenectady, Schoharie, Ulster, Warren, and Washington. That region was 15,637 square miles, about 270 miles north–south at its longest and about 80 miles east–west at its widest.[11] In 2010, those 19 counties had a population estimate in 2010 of 2,312,952, a 9.2 percent increase over the 2000 census; population density was 148 people/sq. mile. 51 percent of the population was female, with 48.2 percent male. 88.5 percent of the population was White, 6.2 percent Black, 4.9 percent Latino, 1.5 percent Asian, with a median age of 37.5 years.[11]

From the inception of the name, the Chamber stated that it would not limit the label of Tech Valley to just the Capital District; rather, Tech Valley was envisioned as running from IBM's Westchester County plants and headquarters north to

Albany Molecular Research Inc. (AMRI) who used the phrase in its job recruitment material,[14] MapInfo Corporation, Tech Valley Communications, Tech Valley Office Interiors, and Tech Valley Homes Real Estate.[11] The first use of the phrase by a business may have been the accounting firm Urbach, Kahn, & Werlin in 1998, which put the Tech Valley name and logo on its postage meter, shortly before that the Chamber had begun instituting a new telephone greeting, "Albany-Colonie Chamber. Tech Valley. May I help you".[15]
Also in 1998, Rupprecht & Patashnick put "Made in New York's Tech Valley" stickers on all its air quality sensors for the
license plates became available, with three numbers and the letters TEC, for a $34.50 fee, they were the first plates in New York that had a website on them- techvalley.org.[17]

Initially, the name Tech Valley was derided as over-enthusiastic self-boosterism, but

Bill and Melinda Gates Foundation was used to fund the Tech Valley High School.[20]

Luring a chip-fab plant

The goal of luring a

RPI Tech Park had been visited by semiconductor companies, but they had chosen not to build.[21] The renewed interest by the region in luring them was spurred by the research centers and training of specialists for the industry by area colleges such as the University at Albany, Rensselaer Polytechnic Institute, and Hudson Valley Community College. Responding to the state's request for potential sites, Rensselaer County proposed the same RPI Tech Park site; Schenectady County proposed two sites, one of which was in Hillside Industrial Park in Niskayuna; Saratoga County proposed two sites; and Albany County proposed three sites, two in Bethlehem and one in Guilderland.[22] The state ultimately decided on 13 sites it would aggressively promote, most of which were in Tech Valley.[23] As one of the thirteen sites chosen, the RPI Tech Park site originally met little opposition from the town of North Greenbush in which it sat.[24] As time progressed opposition grew in response to concerns about potential impacts on traffic and the environment.[25] The RPI Tech Park site, which by October 1999 had become one of only nine sites still being marketed by the state, ended when the North Greenbush town council voted to terminate the review process.[26] A site in Wallkill, Orange County was the first site in Tech Valley and in the entire state to receive pre-approval for a chip fab.[27]

In 2002, the Saratoga Economic Development Corporation (SEDC) began to tout its proposed tech park, to be named the

Silicon Valley, California to its most advanced semiconductor-chip manufacturing facility in Malta, Saratoga County, New York.[9]

Tech Valley Chamber Coalition

The Tech Valley Chamber Coalition is an organization that is made up of 24 local chambers of commerce from 19 counties of Tech Valley. Those 24 chambers represent over 21,000 businesses, schools, and organizations that employ more than 531,000 workers. It was formed in June 2002 and manages the Tech Valley Portal, and publishes an annual publication called Images of Tech Valley.[31]

The 24 local chambers are[31]-

Organizations that use the Tech Valley name

  • Tech Valley Communications (1999)
  • Tech Valley Homes Real Estate (2001)
  • Tech Valley Angel Network (2001)
  • Tech Valley Chamber Coalition (2002)
  • Tech Valley Technologies (2003)
  • Tech Valley Office Interiors (2005)
  • Tech Valley Exotic Dance Emporium
  • Tech Valley High School (2007)
  • Tech Valley Talent
  • Leadership Tech Valley
  • Tech Valley Center of Gravity (2012)
  • StartUp Tech Valley (2013)
  • Tech Valley Game Space (2014)
  • FIRST NY Tech Valley Regional Robotics Competition (2014)
  • Tech Valley Machine Learning, Data Science, and AI Meetup (2016)
  • Tech Newbies in Tech Valley Meetup (2017)
  • NetSquared Tech Valley (2018)

See also

References

  1. ^ a b "About Tech Valley". Tech Valley Chamber Coalition. Archived from the original on 2008-11-03. Retrieved 2009-09-27.
  2. ^ a b Larry Rulison (July 10, 2015). "Made in Albany: IBM reveals breakthrough chip made at SUNY Poly". Albany Times-Union. Retrieved July 12, 2015.
  3. ^ Keshia Clukey (June 27, 2014). "Better than advertised: Chip plant beats expectations". Albany Business Review. Retrieved July 20, 2015.
  4. ^ "Fab 8 Overview". GLOBALFOUNDRIES Inc. Retrieved July 12, 2015.
  5. ^ Freeman Klopott, Xu Wang, and Niamh Ring (September 27, 2011). "IBM, Intel Start $4.4 Billion in Chip Venture in New York". 2011 Bloomberg. Retrieved July 12, 2015.{{cite web}}: CS1 maint: multiple names: authors list (link)
  6. ^ "Venture Investment - Regional Aggregate Data" (PDF). National Venture Capital Association and PitchBook. Retrieved March 23, 2024. This figure is the sum of VC estimates for Congressional Districts 17, 18, 19, 20, and 21.
  7. ^ John Jordan (January 2016). "$1.2 Billion Project Could Make Westchester a Biotech Destination". Hudson Gateway Association of Realtors. Retrieved April 9, 2016.
  8. ^ Steve Ditlea (7 May 2015). "Westchester's Unexpected Powerhouse Position In the Biotech Industry - Four years after our initial look at Westchester's biotech industry, the sector has gone from fledgling to behemoth". Today Media. Retrieved April 7, 2016. All around, there are signs of a Biochester bloom:
  9. ^ a b "GLOBALFOUNDRIES Moves Corporate Headquarters to its Most Advanced Semiconductor Manufacturing Facility in New York | GlobalFoundries". globalfoundries.com. 26 April 2021. Retrieved May 19, 2021.
  10. ^ Eric Anderson and Larry Rulison (September 20, 2009). "Obama nods to Tech Valley". Albany Times Union. Retrieved 2009-09-28.
  11. ^ a b c d Wallace Altes and Lyn Taylor (March 2008). "Tech Valley turns ten". Albany-Colonie Regional Chamber of Commerce. Retrieved 2009-09-28.
  12. ^ "Digging for developers". Albany Business Review. March 27, 1998. Retrieved 2009-09-28.
  13. ^ David Orenstein (March 11, 1998). "Region hopes to make a name for itself". Albany Times Union. Retrieved 2009-09-28.
  14. ^ Jo-Ann Johnston (October 7, 1999). "Tech Valley Image has winning edge". Albany Times Union. Retrieved 2009-09-30.
  15. ^ "Tech Valley Update". Albany Times Union. April 5, 1998. Retrieved 2009-09-28.
  16. ^ "Tech Valley Update (Cont'd)". Albany Times Union. August 9, 1998. Retrieved 2009-09-28.
  17. ^ "New on Tech Valley roads". Albany Times Union. January 23, 2000. Retrieved 2009-09-30.
  18. New York Times
    . Retrieved 2009-10-01.
  19. ^ Alan Weschler (April 21, 2006). "Region rich in business history". Albany Times Union. Retrieved 2009-11-04.
  20. ^ Larry Rulison (August 11, 2006). "Tech Valley High wins funding commitments". Albany Times Union. Retrieved 2009-11-04.
  21. ^ David Orenstein (December 11, 1997). "State hunting for chip-fabricating sites". Albany Times Union. Retrieved 2009-09-29.
  22. ^ David Orenstein (January 15, 1998). "8 sites proposed for new computer chip plant". Albany Times Union. Retrieved 2009-09-29.
  23. ^ David Orenstein (March 5, 1998). "Local sites touted for chip plants". Albany Times Union. Retrieved 2009-09-29.
  24. ^ Laura Lee (June 12, 1998). "Review of chip plan on track". Albany Times Union. Retrieved 2009-09-29.
  25. ^ Michele Morgan Bolton (March 5, 1999). "Public sees two sides to chip plant". Albany Times Union. Retrieved 2009-09-29.
  26. ^ Michele Morgan Bolton (October 15, 1999). "Board rejects chip plants". Albany Times Union. Retrieved 2009-09-29.
  27. ^ Keri Mattox (July 27, 2009). "Region still in chip-fab market". Albany Times Union. Retrieved 2009-09-29.
  28. ^ Kenneth Crowe III (May 30, 2002). "Saratoga County pushes tech park". Albany Times Union. Retrieved 2009-09-29.
  29. ^ Chris Churchill (September 27, 2009). "Cranes & Scaffolding". Albany Times Union. Retrieved 2009-09-30.
  30. ^ Larry Rulison (October 6, 2009). "Region bested Russia, Brazil for fab". Albany Times Union. Retrieved 2009-10-06.
  31. ^ a b "Tech Valley Chamber Coalition". Albany-Colonie Regional Chamber of Commerce. Archived from the original on May 4, 2008. Retrieved 2009-09-28.

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