Fort Schuyler Management Corporation (FSMC) is a private, not-for-profit corporation, formed by the State University of New York Research Foundation in partnership with the State University of New York Institute of Technology at Utica/Rome (SUNYIT) Foundation. FSMC will facilitate the construction of a nanotechnology and semiconductor development and manufacturing facility adjacent to the SUNYIT campus in partnership with local economic development institutions. FSMC will advance the growth of an emerging nanotechnology and semiconductor research and development cluster in New York that includes the College of Nanoscale Science and Engineering at the University at Albany.