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Brookings highlights the importance of the Tech Garden's incubation program to overall innovation & economic-development strategy of CNY regionSubmitted by admin on August 29, 2015 - 2:29pm
The Tech Garden, one of our founding member incubators, was the focus of a profile published by the Brookings Metropolitan Policy Program under the title "With Tech Garden, Syracuse Seeds Regional Growth."
The profile by the Washington-based nonpartisan think tank correctly identifies the most important aspect of The Tech Garden's incubation program as its tight alignment with the overall economic-development strategy for the Central New York region, and the incubator's integration with initiatives in capital formation, business retention and attraction, and entrepreneurial development.
The Tech Garden serves its region far beyond its positive impact on the companies being incubated within its walls by providing a focal point for the region's new stress on innovation and entrepreneurship as a development strategy. This is precisely the recommended focus of a regional plan developed with Brookings by the CenterState Corporation for Economic Opportunity (CenterState CEO), the incubator's sponsor.
. . . reflecting its mission, Tech Garden is responsive to the region's unique challenges after decades of factory closings. As its focus on entrepreneurship has gained momentum . . . other initiatives are also underway to bolster the entrepreneurial ecosystem.
Additional positive mention of The Tech Garden is made by the most recent report from the Brookings-Rockefeller Project on State and Metropolitan Innovation, which follows Syracsue among 22 other metropolitan areas, in a report entitled "Expanding Growth and Opportunity" (summary here).
The profile generously quotes Seth Mulligan, vice president for innovation services at CenterState CEO and manager of The Tech Garden's associated state-designated Innovation Hot Spot for Central New York. We congratulate Seth and all our friends at The Tech Garden and CenterState CEO for this important national recognition!
Sens. Schumer and Gillibrand announce $50k accelerator award to Rev: Ithaca Startup Works to support women entrepreneursSubmitted by admin on August 22, 2015 - 1:00pm
In the second such award made to Southern Tier incubators in the past year, the federal Small Business Administration (SBA) is providing $50,000 for "Passenger to Pilot," an accelerator providing support to women entrepreneurs.
The accelerator will be operated by our member Rev: Ithaca Startup Works. For more information, see news releases in the Cornell Chronicle and from Senators Schumer and Gillibrand. Rev is an incubator in downtown Ithaca that is a collaboration among Cornell, Ithaca College, and Tompkins Cortland Community College.
During the past year, Rev hosted the "Southern Tier Hardware Accelerator," funded by a grant SBA had awarded to the Southern Tier Startup Alliance, the state-designated Innovation Hot Spot that includes Rev and several other member incubator programs and sites in Ithaca, Binghamton, Corning, and Elmira.
At the same time, Cornell announced that Tom Schryver, who coordinates both Rev and the Southern Tier Startup Alliance through his position with the Center for Regional Economic Advancement, will additionally lead the Entepreneurship and Innovation Institute (EII) at the Johnson Graduate School of Management at Cornell. For more information, please see the separate Cornell Chronicle release. Our congratulations to Tom, who serves as a member of our board of directors.
Submitted by admin on August 22, 2015 - 1:23pm
Our member The Technology Farm, a state-designated Certified Business Incubator, announced that Empire Cider will move its management operations and quality assurance lab to the incubator building across the road from Cornell's Agricultural Experiment Station in Geneva. For more information, see this news release.
For more insight into the role played by the Technology Farm (aka the Cornell Agriculture & Food Technology Park) see this video report from Time Warner Cable on venture-capital backed Cheribundi, which calls the Technology Farm home.
Nine teams in the SBA-funded Southern Tier Hardware Accelerator demo their innovations before crowd of 150 including U.S. Rep. Tom ReedSubmitted by admin on August 18, 2015 - 1:54pm
Nine startup teams whose innovations involve physical products pitched at a demo day organized at the conclusion of this summer's Southern Tier Hardware Accelerator, organized by our member the Southern Tier Startup Alliance, the state-designated Innovation Hot Spot consortium for the Southern Tier.
The program, funded by the federal Small Business Administration, gave the teams access to prototyping tools housed at the Rev: Ithaca Startup Works incubator, at the same time the entrepreneurs were stepped through a rigorous accelerator process managed by entrepreneur in residence Ken Rother.
According to local coverage, the event attracted a crowd of 150 including U.S. Rep. Tom Reed (R-23rd CD). For more information, see coverage on the STSA website as well in the Cornell Chronicle, The Ithaca Voice, and The Ithaca Journal.
NYU Polytechnic Schoo of Engineering announces graduates of VET training & public-relations services for incubator tenant/clientsSubmitted by admin on August 18, 2015 - 10:08am
Our member incubators at the NYU Polytechnic School of Engineering announced:
- a first class of 14 veterans of the U.S. military completed a 10-week Veteran Entrepreneur Training (VET) curriculum and will have access to space at the incubators for an additional three months, under funding secured by Assembly Member Joseph Lentol (D-North Brooklyn, AD 50). For more information and a list of the VET startups, see the university's news release;
- arrangement with The Marino Organization, a full-service public relations and strategic communications firm, to extend its services to tenant/clients of all of NYU's incubator programs and sites. For more information, see a separate news release.
Submitted by admin on August 12, 2015 - 10:28am
The incubator programs of the NYU Polytechnic School of Engineering announced several milestones, starting with graduation from the NYC ACRE incubator of three tenants: HEVO Power, Keen Home, and Enertiv. Three new companies newly admitted in their place are:
- Agrylist, a data platform for indoor farms;
- EV-Box, a U.S. market entry for a European leader in electric-vehicle charging points;
- 475, an e-commerce platform for high-performance-building energy professionals.
In other news from the incubator programs at NYU:
- Rabt, a tenant of the Varick Street incubator, raised a $325,000 seed round;
- Board Vitals, a START-UP NY company also housed at Varick Street, reportedly raised $1.1 million in capital form Rock Creek Equity Partners;
- The German Accelerator housed at the incubator welcomed three companies: Brandnew, BusyLamp, and StickyPop.
Submitted by admin on July 29, 2015 - 2:05pm
Our founding member The Tech Garden, which turned an abandoned parking garage in downtown Syracuse into a hub of innovation and entrepreneurship for the entire Central New York Region, recently marked its 10th anniversary with a daylong celebration.
Events included a pitch contest managed by LaunchNY; a food-truck rodeo on streets surrounding The Tech Garden; a tour of the emerging "innovation district" (tech corridor) anchored by the incubator and its recent expansion into the AXA Towers; and a gala dinner. Here is a recap of media coverage:
- the official news release from CenterState CEO, recognizing a range of partners and sponsors;
- a highly praising editorial appearing on the Post Standard's syracuse.com website recognizing that "[b]eyond creating companies and jobs, The Tech Garden has created an entrepreneurial ecosystem that supports startups and accelerates growth";
- additional event coverage at public radio stations WAER (Syracuse), WSYR, and WRVO (Oswego);
- a Tech Garden news release on the pitch contest, and special coverage by the Southern Tier Startup Alliance of the first prize awarded to Maidbot of Ithaca.
As we have previously noted, the presence of The Tech Garden has helped aggregate for Central New York a series of entrepreneurial resources including a state-designated Innovation Hot Spot; a NYSERDA-sponsored clean-energy incubator (the Cleantech Center); a university technology commercialization fund financed by the NYS Innovation Venture Capital Fund; a pre-seed investment competition (the Germinator); an a state-funded business accelerator (GENIUS NY) focusing on data analytics.
Submitted by admin on July 29, 2015 - 2:19pm
Continuing a review of companies being incubated by the NYSERDA-sponsored Clean Energy Business Incubator Program (CEBIP) at Stony Brook University, InnovateLI profiled startup Bonded Energy Solutions.
The company brings sensor-controlled heating zones and other technological improvements to conventional steam-heat systems. Its system is being tested and validated in a Bronx apartment building in a trial managed by the New York State Pollution Prevention Institute at the Rochester Institute of Technology.
Submitted by admin on July 27, 2015 - 8:14am
Among the 12 companies approved most recently for the START-UP NY tax-free zones, five will collocate with our member incubators:
- At the Thomas Beecher Innovation Center at the Buffalo Niagara Medical Campus (BNMC):
- Bodhi Seven Corporation, an online marketplace
- At the Varick Street incubator operated by NYU's Polytechnic Schol of Engineering:
- Avanan Inc., a cloud security developer
- Geometric Intelligence, an artificial intelligence company
- At the SUNY Downstate Advanced Biotechnology Incubator:
- Urgent Consult Inc., a cloud-based platform for medical referrals
- At the Long Island High Technology Incubator, flagship of the Stony Brook University incubator program:
- PhD Skin Care, LLC, a dermatology R&D company relocating from California
For more information, see the news release from Gov. Andrew Cuomo's office.
Submitted by admin on July 12, 2015 - 4:20pm
The incubator programs at NYU's Polytechnic School of Engineering announced that two startups assisted by the NYSERDA-sponsored NYC ACRE incubator were selected for demonstration projects as part of New York State's energy-markets transformation initiative known as Reforming the Energy Vision.
They are Smarter Grid Solutions, which provides network management tools for distributed energy, and Sealed, which allows homeowners to monetize their investments in energy-efficiency upgrades. For more information, see NYU's news release.
In other milestones, NYU also announced the hiring of Pat Sapinsley as director of cleantech initiatives. She will oversee the NYC ACRE incubator and other related initiatives based at Brooklyn's Metro Tech Center.
Looking for the Brain Injury Association of NYS? They're at http://www.bianys.org.