Binghamton University

Sparks Economic Growth

Big Picture

Binghamton University’s research capabilities span several fields and industries – including health care, energy, materials science, and electronics packaging. Binghamton University plays a pivotal role in its region’s economic development, attracting $68.5 million in research funding in 2022-2023, with 64% of these investments coming from federal sources. This funding supports local jobs and drives innovation across key industries.

The university’s Office of Entrepreneurship and Innovation Partnerships reported 37 new technology disclosures in the past year, along with multiple patent applications and royalties generated from licensed technologies. It also reported 43 U.S. patent applications and secured 22 issued patents.

Binghamton University also leads the New Energy New York initiative, which was designated as a Regional Tech Hub in 2023 and the National Science Foundation (NSF) Upstate New York Energy Storage Engine. These efforts focus on strengthening the domestic battery supply chain and fostering innovation in energy storage technologies with the ultimate vision to make Upstate New York America’s battery capital.

Federally and state-funded initiatives led by Binghamton University aim to establish upstate New York as a national hub for battery innovation and manufacturing. Binghamton was designated as one of 10 inaugural National Science Foundation (NSF) Regional Innovation Engines in January 2024. It received a U.S. Economic Development Administration (EDA) designation as a federal Battery Tech Hub in October 2023 and was named the winner of an EDA Build Back Better Regional Challenge award in September 2022. Binghamton is the only university in the country to receive all three designations.