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Issue: On July 13, 1999 the Milken Institute published a report entitled, "America's High Tech Economy". The report concluded:

"The High-tech industries are critical in gauging the health of the U.S. economy. They are determining which metropolitan areas are succeeding or failing. Without growth in high-tech sectors, metros will be left behind."

"Although high-tech is not the only development strategy to pursue, it will be the key distinguishing feature of metropolitan vitality as we enter the new century"

Vision: The High Tech Business Council is a mechanism to advance the Greater Rochester Area as one of the top regions for technology development and commercialization in the nation.

Mission: Provide an ongoing forum for linking technology innovation to commercial implementation and accelerating the growth of technology based companies in the Rochester area.

The Council defines regional technology strategy and navigates its implementation on a continuous basis.

  • It identifies problems affecting the health and growth of high technology commercialization and business in the region and develops an action agenda to help resolve these problems.
  • It promotes the strengths of the technology sector in the Greater Rochester Area.
  • It assesses, analyses and studies other metropolitan areas that have national reputations for technology development.
  • It provides network activities addressing critical, regional technology problems.
  • It facilitates partnering among and between members so that they may achieve that which they cannot achieve individually.
  • It provides reports, alerts and electronic material that addresses and promotes matters of importance to the technology based businesses in the Greater Rochester Area.
  • It provides a directory of technology-based businesses in the Greater Rochester Area.
  • It develops a network of regional technology-based businesses that share experiences to help one another improve performance and growth.
  • It develops a support system for technology development and technology business in Greater Rochester that will trigger national recognition.

The structure of the Council is one in which principals from technology-based businesses as well as individuals representing research and development from both the academic and private sectors are eligible for membership (it is a membership-based organization). The core group developed a set of guiding principles or bylaws and created an Advisory Board. The first nominating committee nominated a slate of directors to the Board which were voted on by the members and installed, June 21st, 2001. The Executive Director of High Tech Rochester is a member of the Council's Board of Directors. This will provide a linkage between the overall organization's activities and those of the Council.

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