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News about tenant/clients of BIA/NYS member incubator programs.

Harrison Place turns a corner, ready to serve WNY Innovation Hot Spot as incubator for 'makers' and manufacturing companies

Harrison Place, an industrial re-use project operated as an incubator-like facility by our member Mancuso Business Development Group, has turned a financial corner according to coverage in the Buffalo News.

With the move-in of 100 jobs from high-tech instrument manufacturer Trek, the multi-building complex owend by the City of Lockport development agency and managed by Mancuso Group turned cash-flow positive.

The News quotes B. Thomas Mancuso, company CEO and member of our association's board of directors, as noting that Harrison Place will be the only member of the state-designated Western New York regional Innovation Hot Spot capable of accommodating manufacturing tenants.

Capital New York visits Radiator Labs at the NYC ACRE clean-energy incubator

Radiator Labs, which uses an insulating "cozy" and smart thermostatic controls to get better efficiency from the classic steam radiator often used to heat older housing units, was visited recently by the news site Capital New York.

Cofounded by a former Columbia University graduate student, Radiator Labs is a tenant/client of the NYC ACRE clean-energy incubator that's operated with support from NYSERDA by our member NYU Polytechnic School of Engineering. Radiator Labs has also received assistance from our member ITAC, in sourcing in-state suppliers for the insulating blanket used in the product. Full story here.

Success stories from our Rochester members HTR and RIT Venture Creations

High Tech Rochester's two business incubators and Rochester Institute of Technology's Venture Creations incubator, which already collaborate on the Rochester Regional Business Plan Competition, are now more closely coordinated than ever through a NYS-funded regional Innovation Hot Spot co-led by HTR and RIT. Both incubator programs recently released waves of news:

  • The first, second, and third place winners of the Rochester Regional Business Plan Competiton (Ovitz Corporation, Advanced Quantum Imaging, and RWP Energy) will receive in addition to cash prizes free incubation services from HTR.
  • One of the two runners-up, IMSWorkX, Inc., is already a tenant/client of RIT's Venture Creations incubator and will receive additional in-kind services as it advances its platform for IP-based communications services.
  • The Rochester Democrat and Chronicle covered the work of Venture Creations tenant Darkwind Media Ltd., which is one of the early game developers for Microsoft's Xbox One. Story and video here and news release here.
  • In a new series of detailed profiles, HTR described the various ways in which it has helped tenant Koning Corporation accelerate the development of its new diagnostic for early detection of breast cancer. Profile here.
  • HTR and Governor Cuomo also jointly announced the winners of seed awards through the NEXUS-NY proof of concept center funded at HTR by NYSERDA. These $55,000 awards combined with business mentoring amount to a pre-incubation program for clean energy entrepreneurs and early-stage clean-energy technologies emerging from upstate universities (including in the first round RIT, Cornell, SUNY ESF, RPI, and SUNY Albany).
  • (UPDATE)
  • Among the winners was Hydratics, a tenant-client of RIT Venture Creations that is pursuing low-power desalination technology. For more, see a news story.
  • WROC-TV 8 visited ClearCove Systems, an energy-from-wastewater company also incubating at Venture Creations and testing at municipal waste systems in Ithaca and Albany. 

International Business Times visits BotFactory, a venture at NYU's DUMBO Incubator that is creating rapid-prototyping tools for electrical engineers

International Business Times recently visited BotFactory, a venture based at NYU's DUMBO Incubator that is developing an electronic-circuit printer.

Started by several former students at NYU Polytechnic School of Engineering, BotFactory is aiming to provide electrical engineers with rapid-prototyping tools analogous to the 3D printers now commonly used by industrial designers. For more information, see the International Business Times story and video.

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