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News about tenant/clients

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

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.

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

 

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