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Submitted by admin on November 28, 2013 - 8:21am
Launch New York, a nonprofit "venture development organization" that operates across 27 upstate counties as an incubator-without-walls also equipped with an investment fund, has joined BIA/NYS as our newest member.
Although the Launch New York program does not depend on a single location, it is collaborating with our member incubators and others, and it has taken the membership in the name of the Launch New York Space Center, a yet-to-be-announced facility.
Launch New York is also the custodian of the NYS-supported, Buffalo-based business-plan competition, believed to be the largest in the United States with a prize pool of $5 million and individual awards up to $1 million. We warmly welcome Launch New York to membership!
Incubator operator High Tech Rochester announces rollout of NYSERDA-sponsored Proof of Concept CenterSubmitted by admin on November 27, 2013 - 10:13pm
Our member High Tech Rochester, operator of two incubators, has recently announced a NYSERDA-supported proof of concept center that will make available up to $50,000 per team to help clean-energy inventors and technologists connect with an "entrerpeneurial lead" and, under the advice of highly skilled mentors, engage in the "lean startup" process to develop a testable business model and prototype products.
The program, called NEXUS-NY, is funded at $500,000 annually by NYSERDA and will support projects emerging from universities or independent entrpreneurs across upstate. A parallel program, PowerBridge, is co-led by our member the NYU-Poly incubation programs and, along with Columbia University, engages inventors at several research institutions in New York City and on Long Island. Both programs are expected to "feed" successful graduates to the affilated incubators.
HTR also recently announced that Ovitz, an early-stage venture built around technology developed at the University of Rochester's Flaum Eye Institute, won a $10,000 award from Excell Partners at the conclusion of the annual Pre-Seed Workshop hosted by HTR.
Tenant/clients of our members show well in list of companies receiving investments from VC funds backed by the state's Innovate NY FundSubmitted by admin on November 27, 2013 - 9:25pm
Incubator tenants and clients figured prominently in a list of startup companies invested in by venture funds receiving support through the State of New York's Innovate NY Fund, according to a list published by Empire State Development. Among the investee companies closely identified with our member incubators and research parks are:
- Advanced Feed Technologies, a tenant of The Technology Farm, aka the Cornell Agriculture & Food Technology Park, in Geneva;
- First Wave Products, a tenant of the Dr. Bruce A. Holm Upstate MeTtech Commercialization Centre in Batavia;
- Mezmeriz, a tenant of the Cornell University Business & Technology Park in Ithaca;
- StrongArm Technologies, a student-initiated venture that has received services from both the Venture Creations incubator at Rochester Institute of Technology and the Zahn Center at CUNY/City College of New York; and
- The Worldwide App, a tenant of the SUNY Fredonia Technology Incubator in Dunkirk.
Members of our association were among the first supporters of innovation to be introduced to the Innovate NY-backed funds back at our 2012 annual meeting in Buffalo.
FluxData graduates from Venture Creations incubator, taking 4,500 square feet of commercial space; ClearCove Systems enters, with support from NYSERDA clean-energy incubatorSubmitted by admin on November 27, 2013 - 9:56pm
FluxData Incorporated, a manufacturer of advanced-technology multi-spectral cameras, is graduating after five years at the Venture Creations incubator at RIT. The firm becomes the second Venture Creations graduate this year to move to Rochester's Neighborhood of the Arts (NOTA). With eight employees, FluxData will double in size to 4,500 square feet of commercial space at the Village Gate center. The news release from RIT underlines how residency in a university-related incubator helped FluxData arrange important collaborations with RIT imaging-science research programs and hire students as "co-ops" (paid work experience for academic credit).
A separate story from RIT also highlights the relatively recent arrival at the incubator of ClearCove Systems, a firm developing innovative and energy-generating wastewater treatment technology. The company was founded by two alumni who had been roommates in the Class of 1981, again underlining the importance of alumni to university efforts in innovation and entrepreneurship. The company has private financing and is testing its technology at a municipal wastewater system near Ithaca. It is a resident tenant and also a client of the NYSERDA-sponsored Clean Energy Incubator co-housed at Venture Creations.
The Technology Farm breaks ground on second major building, housing FLCC Viticulture Center serving the Finger Lakes wine industrySubmitted by admin on November 27, 2013 - 8:59pm
The Technology Farm, also known as the Cornell Agriculture and Food Technology Park, has broken ground on the research park's second building, a Viticulture Center for Finger Lakes Community College. This new facility will provide a wine-making lab, grape-crush pad, classrooms, and a teaching vineyard to support the workforce needs of the region's growing wine industry. The new structure will allow the program to move out of temporary quarters in the park's initial flex building. For more information see the Technology Farm website and previous coverage here.
Submitted by admin on November 27, 2013 - 9:57am
The Business Incubator Association of New York State, Inc., announces that its 2014 annual meeting will be held on Friday, June 6, 2014, in Stony Brook.
Our annual meeting, which rotates around the state, returns to Long Island for the first time since 2008, and is again hosted by our supporting member the Stony Brook University incubator programs.
This is the singular statewide event where practioners of innovation & entrepreneurship-based economic development meet to talk about incubation and related activities, along with critical partners from the government, universitiy and private sectors.
As well as introducing our statewide constituencies to the latest incubation and startup activities on Long Island, we are building an agenda theme around "crowd" activities that affect incubation. Please hold the date and watch this space for updates on agenda and registration information.
Submitted by admin on November 14, 2013 - 1:28pm
Four new companies were admitted to residency at the Lennox Tech Enterprise Center, the flagship incubator of our supporting member High Tech Rochester:
- Advis, an advanced sensor company;
- Lucidity Works, developing software for competitive intelligence in the pharmaceutical sector;
- Empire Robotics, a Cornell University spinoff developing a robotic gripper; and
- Localized Therapeutics, developing laser-switchable gene-therapy-based treatments
Submitted by admin on November 14, 2013 - 12:58pm
HEVO Power, a client of the NYSERDA-sponsored NYC ACRE clean-energy incubator operated by NYU-Poly, was one of four regional winners at the Cleantech Open Northeast business-plan contest. The developer of wireless charging stations for electric vehicles took a $20,000 prize and will advance to the $200,000 national competition. For more information, see NYC ACRE's November newsletter, the Cleantech Open news release, and previous coverage of HEVO on our website.
New Brooklyn Fashion + Design Accelerator launched by Pratt Institute, operator of the Pratt Design IncubatorSubmitted by admin on October 31, 2013 - 9:24am
Pratt Institute, sponsor of our member the Pratt Design Incubator, has announced a new facility called the Brooklyn Fashion + Design Accelerator (BF+DA), based at the former Pfizer building in Brooklyn being redeveloped by Acumen Partners. At left, Brooklyn Borough President Marty Markowitz cuts a ceremonial ribbon, accompanied by state Senator Martin Golden, Pratt president Thomas Schutte, and other elected officials and dignitaries.
Intended to integrate with the Manhattan-based fashion, textile and apparel sectors, and with other design schools in the region and nationwide, the new accelerator will have space for design studios as well as low-run production and prototyping facilities.
For further information, see coverage of the BF+DA in the Wall Street Journal and watch our website for further news of the reconfiguration and expansion of Pratt's incubator programs. That article also mentions our other member incubator with design interests, NY Designs.
State Senate committee hearings on video gaming and cybersecurity industries focus on our member incubatorsSubmitted by admin on October 30, 2013 - 9:18am
In a series of hearings around the state, the new state Senate Select Committee on Science, Technology, Incubation and Entrepreneurship chaired by Sen. Martin Golden (R,C,I - Brooklyn) is touching several of our member incubators.
In its first set of hearings on the video-game industry, the committee held:
- a downstate session at NYU-Poly — where the panel of witnesses included Micah Kotch, director of our member NYU-Poly's incubator programs;
- an upstate session at Rochester Institute of Technology — where the panel included founders of Darkwind Media, a game-development company founded at our member the Venture Creations incubator at RIT.
Video records of the testimony are available at those links.
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