Thursday, 09 November 2017 17:25

County Agency Announces Strategic Partnership to Drive High-Tech Growth

MALTA – On Thursday, the Saratoga County Prosperity Partnership and the Global Semiconductor Alliance (GSA), a leading voice for the worldwide semiconductor industry, announced the establishment of a strategic partnership to drive high-tech business attraction and growth in Saratoga County while creating a hub for semiconductor outreach, advocacy and education in the Northeast.

“We are thrilled to work hand-in-hand with the Global Semiconductor Alliance through this partnership, which significantly raises the visibility of Saratoga County as a destination for high-tech businesses to locate and grow,” said Marty Vanags, president of the county agency, in a statement. “With the presence of GlobalFoundries as a world-class anchor, and amid preparations to develop our innovative Next Wave Center, Saratoga County is the perfect place, and this is the perfect time to launch this important collaboration.”

The alliance enables the Prosperity Partnership to promote Saratoga County to GSA members as a destination for high-tech businesses. That includes its Next Wave Center, now in development, where GSA will have an office.

The Next Wave Center will provide short-term flex space as a landing pad for companies working with GlobalFoundries, and serve as a launch pad for those firms to grow business relationships in the region. GSA represents more than 400 member companies in 35 countries that combine for more than 75 percent of industry revenues.

Additionally, the Prosperity Partnership and GSA will collaborate to present the first-ever Northeast Semiconductor Symposium, likely to be held next fall. The two organizations also plan to work together to deliver forums and seminars that showcase the semiconductor industry’s significant impact, and address issues and topics critical to positioning the industry for further growth.

The Nov. 9 announcement precedes GSA Co-founder and President Jodi Shelton delivering a keynote address at the second annual Saratoga County Prosperity Summit, being held Nov. 16 at the Saratoga Springs City Center.

“Saratoga County has quickly become an important Northeast hub for the semiconductor industry,” Shelton said, “spurred by the rapid growth of GlobalFoundries and supported by the forward-thinking team” working alongside Vanags at the county agency. “This partnership provides GSA with additional opportunities to support the needs of semiconductor and supply chain companies, and we look forward to delivering value on behalf of our membership.”

At the Saratoga County Prosperity Summit, which features a theme of “Exploring the ‘Next Wave’ of Opportunity for Saratoga County,” Shelton will discuss the impact and importance of the region’s technology sector; emerging trends in the worldwide semiconductor market; and opportunities for businesses to capitalize on the integration of computer chip technology in nearly every industry.

For more information, including details on registration and sponsorship opportunities, visit http://saratogapartnership.org/2017/10/prosperitysummit/.

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