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NYSERDA-supported CEBIP incubator at Stony Brook releases video

The NYSERDA-supported Clean Energy Business Incubator Program (CEBIP) at Stony Brook University has released a video (also embedded after the break) narrated by CEBIP director David Hamilton, highlighting the program's goals and structure and including also short statements by some entrepreneurs served by the program. 

Separately, CEBIP client ThermoLift, which is developing advanced heat-pump technology, was profiled at InnovateLI. ThermoLift, which occupies incubator space in the university's Advanced Energy Research and Technology Center at the R&D Park, is an excellent example of CEBIP's targeting of startups with physical products rather than apps or software. 

Read more

Tech Garden will manage $3m data-oriented accelerator, latest in series of public-private investment pools aimed at generating and de-risking startups

Gov. Andrew Cuomo announced that The Tech Garden, a 10-year-old, multifaceted incubator program in downtown Syracuse that is one of our founding members, will manage a $3 million business accelerator competition aimed at startups with a focus on big data analyatics, cybersecurity, and data-driven manufacturing. For more details, see Gov. Cuomo's news release

The accelerator, named GENIUS NY (for Growing ENtrepreneurs & Innovators in UpState NY), is the latest in a series of innovative programs at The Tech Garden that deploy a mixture of public and private funding to generate and de-risk investment opportunties for angel and VC funds both in the Central New York region and beyond:

  • The Cleantech Center, contracted by NYSERDA to incubate clean-energy startups;
  • The Germinator, a phased pre-seed investment competition under which the grand winner will gain $250,000 in capital; 
  • Grants for Growth, a long-standing program of The Tech Garden's parent CenterStateCEO, which will manage a $1.5 million university technology-commercialization fund provided by the NYS Innovation Venture Capital Fund; and
  • The ESD-designated Innovation Hot Spot for Central New York, providing entrepreneurial support and tax relief for startups situated at incubators throughout the region. 

Together, these programs provide an unmatched resource for entrepreneurial development. We congratulate our member The Tech Garden and look forward to further announcement of matching arrangements with private-sector investors. 

The Center opens new incubator space in downtown Binghamton

The Center, one of our newest members and also part of the Southern Tier Startup Alliance, recently held the grand opening of its new incubator on Court Street in downtown Binghamton. The Center is a program of The Agency (formerly the Broome County IDA). The opening was covered by the Binghamton Press & Sun Bulletin pressconnects website

Progress reports from several NYSERDA-supported clean energy incubators and innovation programs

The day preceding our 2015 annual meeting, our sponsor the New York State Energy Research and Development Authority (NYSERDA) convened its first-ever meeting of all the contractors in its incubator, proof-of-concept center, and other innovation programs. This session was followed by a coordinating meeting with the state-designated Innovation Hot Spots that hold contracts from the NYSTAR division of Empire State Development.

Many of these incubators, proof-of-concept centers, and related programs are operated by our members, or by sibling programs in the same parent organization. Below are download links to the presentations which we have received permission to post publicly. Reviewing these short documents is an an excellent way to understand their respective approaches and accomplishments.

The NYSERDA and NYSTAR contracts all make cost-effective use of existing incubator infrastructure and management, by adding staff and programs dedicated to the agencies' specific objectives. We are very pleased with our partnerships with NYSERDA and NYSTAR and thank the program managers at both entities. 

 

BIA/NYS convenes 2015 annual meeting in Ithaca

Our 2015 annual meeting, held this year at Cornell University in Ithaca, attracted a record 100 attendees from around the state — all people actively committed to innovation & entrepreneurship.

Ithaca is home to several incubators, a research and technology park, and the state-designated Innovation Hot Spot for the Southern Tier economic region, which is known as the Southern Tier Startup Alliance. Strong attendance was an outcome of coprogramming with the Upstate Venture Association of New York (UVANY), which held one of its regional meetings the night before in downtown Ithaca, and NYSERDA and NYSTAR, which held contractor meetings with various NYS-supported incubator programs. 

Our featured lunch speaker was Julie Lenzer Kirk, director of the Office of Innovation and Entrepreneurship at the Economic Development Administration (EDA), an arm of the U.S. Department of Commerce. The OIE's Regional Innovation Strategies program has recently made three significant grants to New York State incubators, and the office also coordinates multi-agency initiatives across the federal government. Read more

Governor announces $500k equipment award to Central New York Biotech Accelerator

Gov. Andrew Cuomo announced that our member the Central New York Biotech Accelerator, a wet-lab incubator based at SUNY Upstate Medical Center in Syracuse, will receive $500,000 from Empire State Development to cover a portion of the costs of advanced instrumentation and equipment for use by tenants and their university partners. The CNY Biotech Accelerator is a priority project of the Central New York Regional Economic Development Council and involves multiple institutions in the region. For more information, see the Governor's news release

More START-UP NY companies approved for residency at our member incubators

As in every previous round, the latest batch of companies approved by Empire State Development for tax-free status under the state's START-UP NY program includes several located at our member incubator facilities. Among the 11 companies identified as START-UP approved in a news release from Gov. Andrew Cuomo are:

  • To the Baird Research Park anchored by the University at Buffalo UB Technology Incubator
    • KeepTruckin, Inc., a California company expanding to NYS to develop a mobile application for fleet management
  • To the Thomas Beecher Jr. Innovation Center at the Buffalo Niagara Medical Campus
    • Rapt-it, LLC, a startup in home decorating technology
    • GlucoGuide U.S. Corp., a Canadian company expanding to NYS to develop a smart phone interface for health insurers, corporate wellness groups and individuals
  • To the SUNY Downstate Advanced Biotechnology Incubator
    • Celmatix, Inc., an existing NYS company focused on predictive analytics for treatment of infertility
  • To SUNY Downstate's companion BioBAT expansion facility:

For more background on the startups at UB, including at facilities other than our member incubators, see the UB news release. 

Eastman Business Park joins BIA/NYS as full member

Eastman Business Park, an advanced-manufacturing technology park being developed by Eastman Kodak Company on the site of the Kodak manufacturing complex in Rochester, has become the newest member of BIA/NYS. Eastman Business Park is distinguished by the access it affords both large and small companies to materials-processing infrastructure and talent accrued at the site by Kodak over many decades.

EBP's membership is on top of its existing sponsorship of our website and email newsletter on behalf of the Innovation Manufacturing and Materials Science Institute (logo in left column of our website), which recently won support from the U.S. Economic Development Administration for an accelerator. EBP joins the list of NYS research parks also supporting BIA/NYS. 

We appreciate the multiple ways in which EBP has supported the growth of BIA/NYS over the past decade and warmly welcome them to full membership. 

Seneca Nation Center for Business Growth/Small Business Incubator joins BIA/NYS

The Seneca Nation of Indians Center for Business Growth/Small Business Incubator has joined BIA/NYS as our newest member. The incubator is a program of the Seneca Nation's Department of Community Planning and Development, and is based at the Nation's offices in Irving, on the Cattaraugus Reservation, spanning the New York State Thruway.

According to its website, the Seneca Nation is "the largest of six Native American nations comprising the Haudenosaunee or Iroquois Confederacy or Six Nations, a democratic government that pre-dates the United States Constitution." The Seneca Nation claims 8,000 enrolled members and is the fifth-largest employer in Western New York through a variety of tribal business enterprises. 

We look forward to bringing you more news of this program in coming months and warmly welcome the Seneca Nation Small Business Incubator to membership. 

BNMC Innovation Center welcomes six new tenants, celebrates 5 years of expansion and programming

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: 

For more information, please see attached news release. 

In addition, The Buffalo News reviewed five years of accomplishments of the Innovation Center as part of the center's recent annual open house: 

  • 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

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