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:
For more information, see the news release from Gov. Andrew Cuomo's office.
Submitted by admin on July 12, 2015 - 4:20pm
Submitted by admin on July 12, 2015 - 3:44pm
Alfred Technology Resources, which sponsors advanced-materials-technology incubators in Alfred and Corning, added a third site and rebranded itself IncubatorWorks.
The third site, which is situated at the former Schweizer Aircraft building at Elmira-Corning (ELM) Airport Park in Horseheads, will specialize in space for advanced-manufacturing companies. All three sites are now branded under the IncubatorWorks umbrella and participate in the Southern Tier Startup Alliance, the state-designated Innovation Hot Spot, and in START-UP zones certified by the incubators' academic partners.
For more information see the attached new release and coverage in the Elmira Star-Gazette, WICZ (video here), and the Corning Leader.
Submitted by admin on July 12, 2015 - 3:56pm
Brimes Energy, a wave-energy startup client at the NYSERDA-sponsored Clean Energy Business Incubator Program at Stony Brook University, was profiled at InnovateLI. The company, founded by a serial entrepreneur, has already received seed funding from angel investors and targets applications including desalination.
A video interview by Long Island Business News with company CEO Ram Maramara is here and also embedded after the break.
Submitted by admin on July 12, 2015 - 3:26pm
The Thomas Beecher Jr. Innovation Center at the Buffalo Niagara Medical Campus announced addition of four new tenants to its new life-science incubator building at 73 High Street. All four leverage the Innovation Center's location at the heart of a rapidly growing medical district and research park:
- Healthcare Hub, a wholesaler of medical supplies, relocated from Tennessee;
- Rehoboth, develping a diagnostic biosensor;
- DeconSure, which is relocating from the United Kingdom, focusing on decontamination and sterilization procedures for hospitals and bioscience manufacturing; and
- Photlitec LLC, a spinoff from the Roswell Park Cancer Institute (also a BNMC resident) that is developing photodynamic cancer therapies.
For more information, see the BNMC news release.
Submitted by admin on June 30, 2015 - 9:58am
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.
Submitted by admin on June 21, 2015 - 2:01pm
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 analytics, 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.
Submitted by admin on June 21, 2015 - 12:40pm
Submitted by admin on June 19, 2015 - 9:47pm
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.
Submitted by admin on June 14, 2015 - 7:50pm
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.