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News about tenant/clients

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

Upstate news site visits Display Development, tenant at Mancuso Group's Harvester Center incubator

In a fascinating story that highlights how niche high-tech businesses can leverage business incubators, thedailynewsonline.com visited Display Development, a designer and integrator of custom, high-end video displays based at Batavia's Harvester Center, the flagship incubator of our member Mancuso Business Development Group. 

Since entering the incubator, Display Development has tripled in size to nearly 8,000 square feet, grown to a dozen employees around the nation, and built a multinational book of business, including celebrities like Derek Jeter. Founder Jim Burns told The Daily News he buys certain parts and services locally, including from other companies based in the repurposed industrial complex or nearby. For more, see the full story

Two firms with international ties land at UB Technology Incubator

Two high-technology firms with international ties, both attracted in part by strong materials-science research programs at SUNY's University at Buffalo, have established U.S. footholds at our supporting member the UB Technology Incubator:

  • Specialized NDE, based in Hamilton, Ontario, will use the incubator site to provide training and consulting services to its U.S. clients. The firm applies advanced technologies to non-destructive evaluation of materials used in a wide range of industries, including transportation equipment and energy transmission and storage. 
  • Nuenz Inc., a U.S. subsidiary of New Zealand-based Nuenz Ltd., will use space rented by its WNY partner InVentures Group to address U.S. customers for its nanofibers that enhance the performance of metals, ceramics and composites. More about InVentures Group here.

For more information, please see the university news release

 

ThermoLift and Sulfcrete, both clients of CEBIP clean-energy incubator at Stony Brook, announce awards

Two startup clients of the NYSERDA-sponsored CEBIP clean energy incubator at our supporting member Stony Brook University announced significant recognition for the technologies they are developing:

  • ThermoLift, which is developing a novel heat pump for cooling and heating applications, won the 2014 Ultra Light Startups Future Energy Competition held in conjunction with the high-profile ARPA-E Energy Innovation Summit in Washington. For more information, see the attached release.
  • Sulfcrete, which is developing technology to use waste sulfur from oil and gas refining into a cost-competitive high-performance concrete, won a $150,000 Phase I SBIR award from the National Science Foundation. Sulfcrete, a licensee of Brookhaven National Laboratory (BNL), plans to use the funding to contract with BNL and Stony Brook University for detailed engineering toward construction of a commercial-scale facility. Sulfcrete is also supported by the NYSERDA Entrepreneur in Residence Program managed by our member High Tech Rochester. For more information, see the attached release.

Those interested in more information on CEBIP should register for our annual meeting, where program director David Hamilton will present. 

NYU Polytechnic School of Engineering & NYCEDC open Urban Future Lab in downtown Brooklyn, new home for NYC ACRE and other activities

The NYU Polytechnic School of Engineering (formerly NYU-Poly) and New York City Economic Development Corporation (NYCEDC) officially opened the Urban Future Lab, a new space for business incubation and acceleration in downtown Brooklyn's MetroTech Center. 

The Urban Future Lab will house the New York City Accelerator for a Clean and Resilient Economy (NYC ACRE), a NYSERDA-supported clean energy incubator run by our member NYU-Poly incubator programs, as well as aspects of the PowerBridge proof of concept center, a NYSERDA-sponsored commercialization project managed jointly by NYU-Poly, Columbia University and other regional institutions.

For more information, read the news release issued jointy by the university and the NYCEDC, the parallel announcement of sponsorship by ADT, and coverage in Crain's. Video after the break.

Separately, in its current newsletter, NYC ACRE reported that its tenant REGEN Energy Inc. closed a $7 million B round.

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