Obama Administration Jobs & Innovation Accelerator Competition Boosts New Yorkâ€™s Renewable Energy Cluster
Guest blog post by John Fernandez, U.S. Assistant Secretary of Commerce for Economic Development
I was pleased to join U.S. Congressman Maurice Hinchey today at the beautiful State University of New York Orange (SUNY Orange) campus in Newburgh, New York to celebrate the award of $1.95 million in federal Jobs & Innovation Accelerator Challenge funding to catalyze the growth of the Hudson Valley regionâ€™s alternative energy cluster.
The federal investments will help to establish the New York Renewable Energy Cluster (NYREC) by allowing The Solar Energy Consortium (TSEC) to expand its industry-led clean energy manufacturing cluster into Orange County through a partnership with Orange County Community College and Gateway to Entrepreneurial Tomorrows (GET).
The Jobs & Innovation Accelerator Challenge (JIAC) is just one example of how the Obama administration is collaborating to ensure a smarter use of existing federal resources to foster regional innovation in support of sustainable economic prosperity.
Supporting bottom-up regional strategies through inter-agency collaboration is not only smart government, but the type of support regional economies need to grow and prosper. Itâ€™s not about new programs, itâ€™s about better programs. Itâ€™s not about new money, but smart money.