Ecovative Design, manufacturer of bio-based materials has been awarded $250,000 for the purchase of machinery & equipment to expand production to meet customer demand. They will be expanding into a new facility allowing expansion of 25,000 SF manufacturing space, totaling 35,000 SF. They will add 10 new jobs to existing workforce of 35. An official ribbon-cutting was held on 6/4/2012. This was a start up of 2 RPI graduates, a home grown university business enterprise.