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Submitted by admin on March 29, 2013 - 3:34pm
BioBAT, a project to develop affordable, state-of-the-art biotechnology space at the Brooklyn Army Terminal, is searching for an executive director. BioBAT is a collaboration among our supporting member the SUNY Downstate incubation program, the New York City Economic Development Corporation, the Research Foundation for SUNY, and the State of New York. For more information please see the attached job description.
Two spinoffs from Roswell Park Cancer Institute will enter BNMC's Thomas Beecher Jr. Innovation CenterSubmitted by admin on March 13, 2013 - 12:29pm
Two discovery-stage biotech companies spun off from the laboratory of a star researcher at Roswell Park Cancer Institute will move into the Thomas Beecher Jr. Innovation Center, a member incubator on the Buffalo Niagara Medical Campus (BNMC).
OncoTartis, Inc., and Tartis Aging, Inc., are based on technologies licensed from Roswell Park and developed in the laboratories of Dr. Andrewi Gudkov. Dr. Gudkov and his first commercial company, Cleveland BioLabs Inc. (CLBI), were recruited to Buffalo in 2007. The two new spin-offs had outgrown space available to them in the CLBI building but wished to remain on the BNMC campus.
Submitted by admin on March 13, 2013 - 12:05pm
A new bill to recognize business incubators for adherence to best practice and make them eligible for financial support has been introduced in the state Senate. The Business Incubator Support Act (S-4078) was introduced by Senator Martin Golden (R,C,I-Brooklyn), the recently named chairman of the Senate's Select Commitee on Science, Technology, Incubation and Entrepreneurship.
The bill sets up a system to encourage development of a wide range of incubator types and recognizes for the first time the state's interest in supporting operational excellence, backed by regular reporting and accountability on economic outcomes. As such, this bill represents a completely new approach to the state's interest in a robust business-incubator system statewide, and our board of directors has endorsed it.
The bill is also referenced in the state Senate's budget resolution, which means it will be part of ongoing negotiations between the two chambers of the Legislature and Governor Andrew Cuomo, who has proposed funding for a Innovation Hot Spot program to recognize and support one flagship incubator in each economic region. In our view, the two approaches are complementary and we hope for a negotiated outcome that achieves maximum impact from both approaches.
The full text of S-4078 is available here. We thank the sponsor and co-sponsors for their commitment to business incubation as one component of a balanced state economic-development strategy.
HEVO finishes in top 3 at ARPA-E Summit's Future Energy Pitch Session, and other news from NYC ACRE tenant/clientsSubmitted by admin on March 13, 2013 - 11:18am
HEVO Power, a tenant of the NYSERDA-sponsored NYC ACRE clean-energy incubator at our supporting member NYU-Poly, placed third at the ARPA-E Summit Future Energy Pitching Session. HEVO is developing systems for wirelessly charging electric vehicles. HEVO was one of eight finalists chosen from more than 200 appllicants. The pitching session was produced by Ultra Light Startups, another tenant of the NYU-Poly Varick Street incubator.
Other tenant/client news from the latest NYC ACRE newsletter: