It all begins with an idea.
The Seaway Private Equity Corporation (SPEC) makes early stage equity investments in companies that demonstrate significant growth potential who choose St. Lawrence County, New York (USA) for their principal business location. Through such early stage investment, SPEC intends to help bring employment and economic opportunities to the North Country.
Investment Focus
SPEC focuses its investments on the commercialization of new products and services in the areas of renewable energy and environmental technologies. By investing in the power of our future, our hope is to bring quality jobs to the North Country and spur critical developments to improve the global environment.
For more details about what makes a project qualify for SPEC investment, please visit our FAQ page.
Board & Operations
SPEC is a private, not-for-profit corporation operating in St. Lawrence County to oversee the disbursement of up to $10-million made available through the New York Power Authority. The purpose of SPEC is to create quality job opportunities by attracting the development of new technology companies -- especially those focused on renewable energy and environmental technologies.
Board of Directors
President: Dr. Zvi Szafran, President, SUNY Canton
Vice President: Ronald McDougall, President, AFL-CIO Central Trades Council
Secretary: Daphne Pickert, Executive Director and CEO of St. Lawrence County ARC
Treasurer: Alec Johnson, President and COO, Johnson Newspaper Corp.
Matthew Draper, Vice President for Development and Alumni Relations
Alexandra Jacobs-Wilke, Director of Public Relations, SUNY Potsdam
Kathryn Morris, President, St. Lawrence UniversityEugene L. Nicandri. Retired St. Lawrence County Judge, Trustee NYPA
Russell Strait: President, Harrison A. Rogers Agency
SPEC operations are coordinated by CITEC Business Solutions.
Contact CITEC with any questions.
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