Local manufacturers to compete for funding

Velvet Spicer//October 16, 2017//

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Two area manufacturers have been named finalists in the FuzeHub 2017 Commercialization Competition.

Zero Valent NanoMetals Inc. in Rochester and VerdimiNe LLC in Geneseo will compete against 15 other companies at the two-day Jeff Lawrence manufacturing Innovation Fund in Albany in November. A total of $250,000 will be awarded to the top presentations.

FuzeHub—the Empire State Development-designated statewide Manufacturing Extension Partnership—is a nonprofit organization that assists small- to medium-sized manufacturing companies in New York through the administration of the $1 million Manufacturing Innovation Fund. The annual fund supports a set of activities designed to spur technology development and commercialization across the state.

“FuzeHub is pleased to be able to provide funding at this phase in a company’s product development,” said FuzeHub industry engagement manager Julianne Clouthier. “The goal of this investment is to move these early stage companies toward commercialization and we believe that these funds will help advance their products to the next level as well as to address specific challenges that they have identified.”

Zero Valent is a materials science company focused on creating and commercializing transformative print media to further advance and enable 2D and 3D metal ink jetting. VerdimiNe is a clean tech business that earned second place this year in the New York State Business Plan Competition. The startup produces chemical compounds without hazardous waste.

Follow Velvet Spicer on Twitter: @Velvet_Spicer

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