BIA/NYS announces a collaboration with Center for New Technology Enterprise
BIA/NYS member incubators and their tenant-clients will receive favored consideration from the Center for New Technology Enterprise, a new independent nonprofit "trans-disciplinary" resource for technology commercialization founded by Frederick A. Provorny, who was the Harold R. Tyler Professor of Law and Technology at Albany Law School and the founding director of the first New York State Science and Technology Law Center (a NYSTAR-supported program that has since been re-established at the Syracuse University College of Law).
The goal of this new web-based center (headquartered in Rockville, Maryland, but with a global reach) is to provide experiential education to students (usually in graduate and professional schools) from a wide variety of disciplines by working in teams with research institutions and qualified emerging technology companies. In carrying out its educational mission, the Center also promotes economic development and job creation in the high tech and life sciences sectors by providing start-ups with a comprehensive suite of business, legal, regulatory and other services using teams of students under the supervision of members of a multinational network of volunteer professional-services firms.
Unlike the original Science and Technology Law Center, which used law students only, this Center adopts a "trans-disciplinary" approach combining resources in law, business, and science and engineering. Student labor is charged out at low rates, subject to a cap, and the supervising professionals do not charge for their services at all. The Center is also assembling an advisory board of successful serial entrepreneurs, corporate executives and investors to mentor the students and clients. Companies and entrepreneurs must be vetted through the Center’s selection process – an integral part of the Center’s educational program – before they can be accepted into the program.
To encourage our community to view this Center as a "force extender" for NYS incubators that need to provide high-end advisory services to their tenant/clients, the Center will offer a significant discount on the rate cap — at least equal to the deal offered to any other affiliate — to members of the BIA/NYS. The precise cap will be announced.
The center also plans to offer a series of live and archived web-based educational programs on a wide variety of business, funding, legal, regulatory and other topics Again, the Center will offer our members and their tenant/clients the opportunity to register at low cost, at a discount at least equal to that offered to any other partner of the Center.
University-affiliated incubators that have students working with them may also wish to encourage students to participate in the Center's teams. The Center intends be vigorous in seeking students and professionals from New York and would seriously consider opening an office in the state if warranted by the volume of work that emanates from its collaborations with BIA/NYS and other New York-based organizations.
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