06/27/14 5:00pm
06/27/2014 5:00 PM
Congressman Tim Bishop and Senator Kirsten Gillibrand pitch the new high-tech startup bill at a press conference Friday morning. (Credit: Paul Squire)

Congressman Tim Bishop and Senator Kirsten Gillibrand pitch the new high-tech startup bill at a press conference Friday morning. (Credit: Paul Squire)

U.S. Senator Kirsten Gillibrand said New York research facilities and nonprofits receive about $6 billion in federal investment — the second-most in the nation.

Yet fledgling businesses out of those research labs get about 7 percent of the nation’s venture capital, something Ms. Gillibrand said needs to change.  (more…)