As a part of her State of the State address last week, Gov. Kathy Hochul (D) proposed providing additional financial support to Stony Brook University’s research effort.
The governor proposed adding $200 million in capital funding for research labs at SBU and the University of Buffalo to invest in new and renovated research buildings, labs, and state-of-the art instrumentation.
In the proposal, the state would also match up to $500 million in state funds for SBU and three other university centers.
In the technical arena, the state would also provide $200 million in digital transformation and IT infrastructure across the State University of New York system, including SBU.
In a statement, Stony Brook President Maurie McInnis said “Governor Hochul’s announcement providing support for an endowment match, research labs, and innovative programs will help to propel Stony Brook to even greater heights.”
The SBU president added that the match would inspire “our philanthropic supporters to secure our long-term future while supporting current research and student scholarships. We are grateful to Governor Hochul for her visionary leadership and for providing the flexibility and mission-specific resources needed to advance our transformational goals of doubling research expenditures and moving into the top 25-ranked public research universities nationally.”
SBU officials added that the additional research funding will allow the university to grow its technology-transfer and business-incubation programs, which foster New York’s entrepreneurs.
“More robust research and entrepreneurship infrastructure will allow us to accelerate the commercialization of medical, engineering and other technologies generated from our faculty to start and grow companies across the state,” SBU officials explained in an email.
The university appreciates the governor’s support and officials look forward to seeing the final executive budget proposal with related details and working with the legislature to enact these proposals.
The proposed funds come a year after the governor designated SBU and The University of Buffalo as New York State’s flagship universities as part of her plan for “A New Era for New York.”
The governor proposed additional funding for several efforts. The funds would help construct a multidisciplinary engineering building on campus. She also supported a partnership between SBU and Cold Spring Harbor Laboratory for NeuroAI, an initiative that combines neuroscience and artificial intelligence.
She suggested expanding the Stony Brook Center for Clean Water Technology research to include wastewater treatment technology and creation of the Suffolk County Wastewater Management District, both with the goal of protecting Long Island’s aquifer system.
The state could also support the modernization and repair of scientific labs and could fund “Grand Challenges” that will encourage cross-disciplinary research.
With additional funds, these universities would also have the ability to continue to hire top-rated faculty and researchers.
SBU and Buffalo are members of the Association of American Universities.
Annual research expenditures at the two universities are also a combined $663 million, including affiliated institutions.