2025 was a transformative year for the NY SMART I-Corridor, strengthening Upstate New York’s position as a national hub for semiconductor manufacturing and advanced technology.
From the launch of innovation programs to the progress of major infrastructure projects, the Corridor connected businesses, researchers and communities to high-value opportunities.
Here’s a look back at some of the highlights from 2025.
Impact snapshot
- Nearly $200K awarded in NY THRIVE Innovation Vouchers
- 89 industry partners engaged, 30+ training providers and 75+ workforce support partners connected through STEP UP
- 100+ companies engaged and 12+ technical assistance projects launched through SCAN
- Projects underway to support 9,000+ jobs, $5.2B in annual investment, and $18B in regional GDP over the next decade
Events driving collaboration
In July, UB hosted Bridging the Gap: Activating the Semiconductor Supply Chain Network, bringing together 130+ leaders, 30 speakers, and 40+ matchmaking meetings. Participants engaged with Micron, Moog, and Edwards Vacuum, learning about supplier standards, financing, and navigating federal and state purchasing.
In December, the Buffalo Niagara Partnership hosted the Opportunity Exchange, where manufacturers, educators, and economic development partners explored Upstate New York’s semiconductor ecosystem. Highlights included:
- Micron Clay mega fab: Creating thousands of jobs and supplier opportunities
- Edwards Vacuum: Local sourcing and cleanroom facility services
- APEX Accelerators: Guidance on government contracting and supplier readiness
These events showcased supply chain integration, world-class R&D at universities including UB, RIT, Syracuse, and Cornell, and workforce development efforts addressing growing industry needs.
State support & programs
The FY2026 state budget made key investments to support Tech Hub efforts, including:
- Expanded Excelsior Jobs Program for semiconductor supply chain roles
- 15% tax credit for R&D projects over $100M
- Up to 75% of wages and training costs covered for workforce development
- $300M POWER UP infrastructure investment to support site readiness
Programs like NY THRIVE awarded nearly $200K in innovation vouchers, helping companies access labs, maker spaces, and specialized equipment to accelerate research and commercialization.
The NY SMART I-Corridor Opportunity Guide provides a roadmap for businesses to connect with semiconductor opportunities, highlighting major investments, workforce programs, sourcing opportunities from top manufacturers, and supplier requirements covering quality, sustainability, cybersecurity, and business continuity.
Micron Clay mega fab
Key milestones in 2025:
- Environmental reviews and permits completed
- Construction slated for mid-2026; operations expected around 2030
This historic project will create thousands of jobs, generate billions in investment, and cement Upstate New York as a national semiconductor manufacturing hub.
Looking ahead
2025 demonstrated that the NY SMART I-Corridor is actively building the future. Strategic events, state support, innovation programs, and major projects have strengthened the region’s role as a national leader in semiconductors and advanced technology.
As 2026 begins, the Corridor will continue expanding supply chain opportunities, supporting workforce growth and driving innovation that shapes Upstate New York’s semiconductor ecosystem.