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Submitted by admin on March 23, 2015 - 9:45am
Keen Home, an NYU student-initiated startup selling "smart vents" for home heating and cooling systems — and which got early assists from two of our member incubators before entering the R/GA Accelerator — attained one of the largest valuations in the history of ABC's Shark Tank show, according to coverage in Inc. magazine. Ties to our member incubators are indicated in recent newsletters from NYC ACRE and the Zahn Innovation Center.
Submitted by admin on March 23, 2015 - 9:18am
Alexandra Smith, who formerly provideed entrepreneurial support at our member The Technology Farm, reviews some of the incubator's tenant/clients in a recent online newsletter of the Finger Lakes Institute at Hobart and William Smith Colleges.
In her blog entry for the FLI, Alexi reviews tenants including Stony Brook WholeHearted Foods (culinary oils), Cheribundi (fruit juices dervied from tart cherries), and Vintrinsic, a software company serving the Finger Lakes region's winery industry.
Entrepreneurial support of the kind provided at The Technology Farm is financed in part by a Certified Business Incubator grant from the NYSTAR division of Empire State Development. The Technology Farm, known formally as the Cornell Agriculture & Food Technology Park, is across the road from Cornell's Agricultural Experiment Stationi in Geneva, Ontario County. It also participates in the START-UP NY program.
Submitted by admin on March 13, 2015 - 9:24am
The NYC Regional Innovation Node (NYCRIN), one of only several "nodes" nationwide recognized by the National Science Foundation (NSF) Innovation Corps (I-Corps) program, has joined BIA/NYS as our newest member. The NYCRIN has also been designated by Empire State Development/NYSTAR as the Innovation Hot Spot for New York City, giving it authority to convey certain tax benefits to startup firms in its program or served by affiliated incubators with physical space.
Led by the City University of New York (CUNY), the NYCRIN is a collaboration with NYU and Columbia and serves a four-state region. The I-Corps program pairs NSF-funded science and engineering faculty across the region with entrepreneurial supports and mentors. It steps these teams through a "lean launchpad" curriculum inspired by serial entrepreneur Steve Blank, all designed to help them identify potential commercial markets and customers for laboratory discoveries. The NYCRIN is essentially a pre-incubation or proof-of-concept program.
We warmly welcome NYCRIN to membership!
Submitted by admin on March 11, 2015 - 8:46pm
The Center, a new business incubator situated on Court Street in downtown Binghamton, has joined BIA/NYS as our newest member. With the tag line "Built for Small Business Growth," The Center is sponsored by the Broome County Industrial Development Agency.
The Center integrates certain tenants of a small incubator facility formerly operated by Broome County government, and will also offer coworking and shared office space. As a node on the Southern Tier Innovation Hot Spot, The Center aims to create the same kind of entrepreneurial community in Binghamton as has been developed in Ithaca by Hot Spot coordinator and BIA/NYS member Rev: Ithaca Startup Works.
The Center becomes our third member in the Binghamton area, and our eighth in the Southern Tier region. We warmly welcome The Center to membership!