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$275 Million in Economic Benefits from Clarkson University’s Center for Advanced Materials Processing
New York State and companies within it have derived significant economic benefits through their support for Clarkson University’s Center for Advanced Materials Processing (CAMP).
Over the past ten years (2000-2010), 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.
"CAMP’s success at promoting discovery and innovation depends on the creativity of Clarkson faculty and students," said Clarkson Provost Thomas C. Young. "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 currently funded at $923,000 per year by the New York State Foundation for Science, Technology and Innovation (NYSTAR).
The Center is also supported 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 about $6-7 million annually from federal and New York State agencies, as well as companies around the globe.
CAMP, led by Distinguished University Professor S.V. Babu since 1999, is made up of an interdisciplinary team of talented faculty and technical staff.
Its mission is to perform innovative research and conduct educational efforts on the synthesis and processing of advanced materials of value to industry.
The Center spans academic boundaries by utilizing interdisciplinary science and engineering skills and knowledge to research novel materials and materials processing technologies.
Research is focused on the production, modification, and conversion of matter for which nano-size particles, colloidal media, and /or surfaces play an important role in the process or properties of the final product.
Find out more about CAMP at http://www.clarkson.edu/camp .
Clarkson University launches leaders into the global economy. One in six alumni already leads as a CEO, VP or equivalent senior executive of a company. Located just outside the Adirondack Park in Potsdam, N.Y., Clarkson is a nationally recognized research university for undergraduates with select graduate programs in signature areas of academic excellence directed toward the world’s pressing issues. Through 50 rigorous programs of study in engineering, business, arts, sciences and health sciences, the entire learning-living community spans boundaries across disciplines, nations and cultures to build powers of observation, challenge the status quo, and connect discovery and engineering innovation with enterprise.