First high-tech incubator at a women's college says girls can ...( rowing entrepreneurial spirit of the ci...)

rowing entrepreneurial spirit of the city by being part of INVEST at Sage," said Clinton Ballinger, Ph.D., CEO of Evident. "While continuing to successfully grow our own company, we can also help faculty, staff and students better understand how to create successful technology companies. We have learned that it is not just breakthrough science or technology that makes a company successful. It is also strong business strategies, marketing, sales and financial management, and we plan on sharing our field-tested knowledge in these areas."

The funds will be used to retrofit John Paine Hall, a building at the center of the historic Russell Sage campus, into an incubator for use by technology businesses that would be linked to programs at the college. The upgraded facilities will be located immediately adjacent to Sage's Science Hall and include a new connector "bridge" as well as occupant-ready laboratory facilities for Evident and two new state-of-the-art chemistry labs for Sage.

In addition to complementing the applied education approach utilized at Russell Sage College, which is consistently ranked one of the top five comprehensive colleges in the Northeast by U.S. News & World Report, the new incubator and its facilities would build on Russell Sage's successful GEMS program Girls in Engineering, Math and Science for middle and high school girls aimed at increasing the number of girls and women studying and entering technical careers in engineering, mathematics, and computer science.

The move will help fill the growing need for incubator space in the Capital Region, which has proven to be successful in promoting a cross cultivation in ideas and new technologies from businesses to academia. Evident Technologies, which is headquartered in Troy, is a pioneer and world leader in the development of quantum dots semiconductor nanomaterials engineered to enable the creation of advanced products for numerous markets including
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Contact: Joely Johnson
johnsj8@sage.edu
518-244-4593
Sage College
22-Jun-2005

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