IBM and the State of New York provided the initial funding of $150 million for New York's Center of Excellence in Nanoelectronics and Nanotechnology, located at the College of Nanoscale Science and Engineering (CNSE), the first college in the world dedicated to research, development, education, and deployment in the emerging disciplines of nanoscience, nanoengineering, nanobioscience, and nanoeconomics. Since then, IBM and CNSE have built a highly successful, globally recognized partnership at CNSE's world-class, $4.2 billion Albany NanoTech Complex, highlighted by the college's Center for Semiconductor Research (CSR), a $500 million program that also includes the world's leading nanoelectronics companies. The CSR is a long-term, multi-phase, joint R&D cooperative program on future computer chip technology. IBM also provides student scholarships and fellowships at the NanoCollege to help prepare the next generation of nanotechnology scientists, researchers and engineers.
