Owner and Developer: Rensselaer Polytechnic Institute (RPI).  The nation’s oldest technological research university, RPI is a nonsectarian, coeducational institution, offering degrees from five schools: Engineering, Science, Architecture, Humanities and Social Sciences, and the Lally School of Management and Technology, as well as interdisciplinary degrees in Information Technology.

University Interactions:  A fundamental objective of the Park is to develop interactions between tenant companies and the university.  Such interactions enrich the educational environment of the university and help the companies stay on the leading edge of their technologies.  All companies in the Park automatically become “affiliates” of Rensselaer.”  Building a synergistic environment is a responsibility shared by all members of the Park staff.

Technology Focus:  The objective of the Park is to attract a diversity of technologies reflective of the varied technological strengths of the university.

Financing:  This project has been financed by Rensselaer Polytechnic Institute.  Initial funding for Phase I infrastructure and operations was from the endowment of the university. Funding for the multi-tenant buildings constructed by the university was through conventional financing and/or Industrial Revenue Bonds.

Administration:  The Park is administered by a staff of 6; a Director who reports to the chief of Staff of the university, a Manager of Operations (finance and business), a Property Manager/Design and Construction Specialist, an Accounts Manager, an Office Assistant/Events Specialist and a handyman. Part-time maintenance people are used for some Park services and the bulk of maintenance requirements are provided through contract services.

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