Submitted by admin on January 20, 2010 - 10:21pm
Recent bill introductions in the House of interest to the business incubation community are:
- H.R. 4413, counterpart to S. 583, would authorize the U.S. Economic Development Administration (EDA) to provide grants and loan guarantees for planning and construction of research parks;
- H.R. 3738 would authorize the Small Business Administration (SBA) to establish a program through which SBA would help capitalize funds that make early-stage investments in targeted technology industries.
The Obama administration has not endorsed either bill, but to view the administration's latest thoughts on the role of incubators in regional innovation clusters, see the recent Chicago speech of Assistant Secretary of Commerce for Economic Development John Fernandez.
Submitted by admin on January 20, 2010 - 9:49pm
Moscaically Inc., a business founded by a Korean-born student at the Rochester Institute of Technology and incubated at our supporting member Venture Creations, was highlighted in a recent feature story published by the Rochester Democrat and Chronicle newspaper. The company's Facebook and smartphone apps assemble digital mosaics from user-submsitted photos. Congratulations to entrepreneur Seong Yup Yoo!
Submitted by admin on January 13, 2010 - 9:15pm
The Village Voice has published an excellent article outlining the way in which greentech startups are drawing benefit from the New York City Accelerator for Clean and Renewable Energy (NYC ACRE), a NYSERDA-sponsored clean and renewable-energy incubator that is part of the family of NYU-Poly incubators, supporting members of our association.
The article nicely highlights the ways in which city and state support for incubators reinforce, and how incubator tenant companies and student interns from both NYU and Columbia provide mutual benefit and opportunity in this fast-growing sector.
For all currently operational NYSERDA-sponsored clean-energy incubators operated by our members, please see this list.
Submitted by admin on January 6, 2010 - 4:00pm
James Senall — who as president of High Tech Rochester has oversight over two of our member incubators, the Lennox Tech Enterprise Center and Rochester BioVenture Center — participated by invitation in the Obama administration's Federal Interagency Roundtable on Regional Innovation Clusters and Entrepreneurship. The HTR website captures press coverage here.
Submitted by admin on January 6, 2010 - 4:14pm
In the economic-development section of his 2010 State of the State Address, Gov. Paterson proposed a $25 million seed-capital investment fund oriented at commercializing university-developed innovations, following the general thrust of recommendations he received in the recently released report of the Task Force on Industry/Higher Education Partnerships.
Our association is on record as endorsing the need for increased seed-capital funding in the state. A list of currently active seed funds is here. The Governor also proposed implementation of a small-business revolving loan fund, following the recommendations of the second report he recently received, of the Small Business Task Force.
The Governor also outlined several other proposals of interest to the business-incubation community, including enhancement or addition of several innovation-oriented tax credits and continuation of the Innovation Economy Matching Grant Program in which our website/newsletter sponsor NYSTAR plays a key role. The status of the Governor's recommendations will be determined as part of the coming consideration by the Legislature of the Executive Budget, soon to be released. UPDATE (1/31): Our budget testimony is here.
Submitted by admin on December 8, 2009 - 9:25am
U.S. Rep. Dan Maffei joined the Cleantech Center at our supporting member the Syracuse Technology Garden in announcing the first round of nine upstate companies admitted to the NYSERDA-sponsored clean-energy incubator. The admitted companies and their technology/market focus areas are:
- Antek, of Syracuse, advanced solar cells
- GoVo Biofuels, a Tech Garden tenant, biodiesel
- Greenview, of Utica, energy management software
- Impact Technologies, of Syracuse, vertical wind
- Innovation Fuels, The Tech Garden, biofuels
- IntelliSyn, a Syracuse University spinoff, butanol
- microGen, West Henrietta, MEMS-based energy harvesting
- Paper Battery, Troy, advanced batteries
- SolarNovar, Plattsburgh, electro-mechanical tracking for solar cells
Press coverage is here.
Submitted by admin on July 29, 2009 - 8:47pm
Here are some photos of the facility at 160 Varick St. in Manhattan that was made available to our supporting member the NYU-Poly Generation NYC program, under Mayor Bloomberg's incubator initiative.
Before (March 2009)After (July 2009)
The photos show the space in raw condition six months ago and recently after fit-out, including furniture donated by Steelcase, a national office-furniture manufacturer with a subsidiary situated nearby at 200 Varick St. Click on the thumbnails for larger images.
The facility houses the NYU-Poly Commercialization Center at 160 Varick Street and NYC ACRE (Accelerator for a Clean and Renewable Economy) funded under a contract from NYSERDA announced earlier in the year by Gov. Paterson. Both programs are under the umbrella "Generation NYC" program at NYU-Poly.
UPDATE (7/30) — This same facility was just highlighted in The Huffington Post!
Here is a clickable map showing the locations of the nearly 50 incubators operated by the 38 current members of BIA/NYS. In some regions, incubators are close enough together that you cannot distinguish the pushpins unless you zoom in using the Google control. Clicking on a pushpin will reveal a box with a clickable link to the incubator profile on our website. Enjoy this service which will continue to be tuned.