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Submitted by admin on May 24, 2015 - 2:20pm
The Thomas Beecher Jr. Innovation Center at the Buffalo Niagara Medical Campus announced acceptance of six new tenants, spanning a range from startups to existing business-service providers focusing on the region's growth economy:
- Buffalo Rising, Inc., a nationally noted "hyperlocal" news site with 3 million annual visitors;
- Campagnolo Bonk PLLC, a CPA firm with a special focus on healthcare providers;
- Pitch + Pivot LLC, a sales and marketing firm;
- theBREWROOM, a digital marketing firm that entered the incubator after being a member of the dig coworking space (see further below);
- The Synergy Group, a consulting firm specializing in work/life strategy;
- Triple Track HR Partners, an HR consulting firm.
For more information, please see attached news release.
- 75 resident startups in a traditional incubator floor and other space available for lease on short, flexible terms;
- Multiple graduations into larger space elsewhere on campus or in the city;
- Creation of "dig" (short for design innovation garage), a coworking space owned and operated by the BNMC itself;
- Expansion of the incubator into additional space in two other buildings on the Buffalo Niagara Medical Campus property;
- Integration of other local activities such as the 43North business plan comeptiton and the Z80 private incubator/investment fund;
- Creation of "Ignite," a program of business development services available to tenants across the campus.
For more information, see the article.
Submitted by admin on May 24, 2015 - 1:41pm
- Euphony, Inc., developing text-to-speech synthesis for speech therapy applications;
- Life Source Health, Inc., offering real-time vital health information to emergency responders;
- Sarita's, a sister company to a local food truck, expanding to a line available through grocery stores;
- Trainer Engine, a software platform for trainers to manage their clients;
- Volu, Inc., a volunteer-engagment platform for non-profits and their volunteers; and
- VossVertical, creating technology to expand the distance and endurance of unmanned aerial (including drones).
Each entrant received a $10,000 initial investment and will compete over the course of the coming two years for additional tranches of investment. The grand winner will have received $250,000 in investment over hte course of the program. For more information, see the CenterState CEO news release.
Calverton Incubator introduces local food startups, users of the incubator's pilot production lines, to major food distributorsSubmitted by admin on May 24, 2015 - 1:51pm
The Calverton Business Incubator, part of Stony Brook University's incubator program, held a showcase introducing major food distributors to the local specialty food manufacturers that are using pilot production facilities at the incubator's Agriculture and Consumer Sciences wing to test and develop new products. Please see coverage at Riverhead Local, InnovateLI, and Edible East End. Food startups are emerging nationwide as an important investment category.
Board Vitals joins NYU's Varick Street incubator as first company approved under NYU's START-UP NY tax-free zoneSubmitted by admin on May 8, 2015 - 1:04pm
Board Vitals, an online medical education company, has joined NYU's Varick Street incubator as the first company under the university's state-approved START-UP NY tax-free zone, according to a news release by NYU's Polytechnic School of Engineering. NYU's approved START-UP NY zone includes space in all three incubators.
Submitted by admin on May 8, 2015 - 12:44pm
The Zahn Innovation Center announced winners of the four cash prizes awarded annually to startups that were planned by students, alumni, faculty, and staff in the City College community, and that were incubated with seed funding at the Zahn Center:
- The $50,000 Kaylie Hardware Prize went to VivoZ Biolabs LLC, aiming to help oncologists with better decisions on cancer treatments;
- The $30,000 Zahn Social Innovation Prize went to HAST, an app to help families stay connected on healthier lifestyle goals;
- The $30,000 Zahn Entrepreneurship Prize went to Build on the Go, a mobile app to manage construction projects; and
- The $30,000 Standard Chartered Women's Entrepreneurs' Prize went to Cubbies, developing bamboo cloth diapers.
For more, including the audience choice awards, please see the Zahn Center announcement.
Submitted by admin on May 8, 2015 - 12:51pm
Submitted by admin on April 28, 2015 - 11:08am
Regional media profiled three clients of Stony Brook University's NYSERDA-supported Clean Energy Business Incubator Program (CEBIP):
- InnovateLI.com covered Brimes Energy, a developer of novel technology to generate electric power from ocean waves;
- The Stony Brook Independent posted two profiles:
Submitted by admin on April 28, 2015 - 11:17am
Statewide and regional business plan competitions selected tenants of our member incubators as winners:
- Uma Bioseed, a student startup working with technology in the portfolio of a Cornell spinoff housed at the McGovern Family Center for Venture Development in the Life Sciences, won the $100,000 grand prize in the NYS Business Plan Competition;
- Volu, a student-initiated business at Syracuse University and a tenant of The Tech Garden, won a first place award and $10,000 at the New York State Business Plan Competition.
- Splyce eSports, a videogaming client of RIT's Venture Creations incubator, won first place and $25,000 plus free services in the Rochester Venture Challenge co-managed by RIT and High Tech Rochester.
Submitted by admin on April 28, 2015 - 11:26am
Clarifai, an image-recognition startup at the Varick Street incubator of NYU's Polytechnic School of Engineering, raised a $10 million A round of venture capital and graduated to commecial space, according to coverage in Crain's New York Business. The milestone raises to $721 million the total valuation of the incubator program's 50 graduates, according to NYU vice dean Kurt Becker, quoted in the Crain's article.
Submitted by admin on April 28, 2015 - 9:29am
The latest group of companies approved for the state's tax-free START-UP NY program once again include several firms collocating with our member incubators, several of them inward recruits to the state:
- The Advanced Biotechnology Incubator at SUNY Downstate will host ItechUSA, Inc., which is developing electronic health systems.
- High Tech Rochester's Lennox Tech Enterprise Center will host Temeda, LLC (dba eStork), a software platform connecting health providers to deals on medical supplies; FillShift, LLC, a platform to match shift workers with employer needs; and Dogways, Inc., developing software aimed at pet owners.
- The Baird Research Park at University at Buffalo, which is anchored by the UB Technology Incubator, will host Geocove, Inc., a company moving from Florida, which provides GIS tools; and Natural Energy Systems, a Canadian company that converts organic waste to renewable fuel.
- The Southern Tier High Technology Incubator, currently under development, will temporarily house two companies at the Binghamton University Engineering and Science building: Baceapp Corp., a firm moving from North Carolina, which is developing a software platform to connect commercial building owners to service suppliers; and LightSpin Technologies, Inc., moving from Maryland and Connecticut, which is developing high-performance components based on compound semiconductors.
For more information and the complete list of approvals, see the news release from the office of Gov. Andrew Cuomo.