Saratoga Economic Development Corp. Announces the Electronic Design and Innovation Initiative EDI2 Saratoga

ReWire Named Founding EDI2 Partner with National Grid, NYSEG, Siemens, the Center for Economic Growth, and the U.S. Small Business Administration

The Saratoga Economic Development Corp. (SEDC) wants to change the region’s ability to attract computer chip design firms with a new program called the Electronic Design and Innovation Initiative, or EDI2 Saratoga.

The $10 million program will create a chip design “accelerator” program that will offer access to electronic design automation software that normally costs millions of dollars to license. The idea is that by offering the software and other business support services, existing chip design companies and startups will want to cluster in Saratoga County.

As part of its role with EDI2, SEDC helped ReWire put together an initial project plan and product strategy to develop a new smart grid monitoring system to gather data on energy usage and provide actionable updates to municipal users.  This black box technology solution, currently in the development phase in conjunction with SEDC, has already helped our team in seeking funding through the Jeff Lawrence Innovation Fund.  We look forward to partnering with the incredible team SEDC has assembled on EDI2 and think this new initiative will drive major technology outcomes for the region.

For more information please see SEDC launches program to support chip design work in the Times Union.