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The purposes of BIA/NYS, Inc., are:
  • to expand the resources available to start-up companies and to work with policy-makers on matters affecting the growth and development of incubator-based enterprises;
  • to promote through cooperation and on a broadly integrative basis the educational and entrepreneurial activities of incubators within the state; and
  • to establish a structure and ongoing process to network business incubators, incubating/incubated companies, and other interested parties.

The balance of this front page comprises news items organized in inverse chronological order like a blog. For access to other content, please see the dropdown menus above.

Downtown Ithaca Incubator, the Southern Tier's Innovation Hot Spot, joins BIA/NYS

The Innovation Hot Spot serving the Southern Tier region, a multi-institution collaboration known as the Downtown Ithaca Incubator, has joined BIA/NYS as our newest member. The main partners of the regional Hot Spot are Cornell University, Binghamton University, and the Ceramics Corridor Innovation Centers (all also members of BIA/NYS). The physical incubator is a collaborative venture among Cornell University, Ithaca College, and SUNY's Tompkins Cortland Community College (TC3).

The downtown facilty is intended as flexible coworking space for entrepreneurs whether they are college or university-affiliated or independent. Tenants and clients will be encouraged to graduate and expand into nearby commercial space. The Innovation Hot Spot award carries annual operating funding from NYS and strong tax incentives for startup enterprises. Cornell received a separate capital grant from the state to support buildout of space in the redeveloped Carey Building at 314 East State Street, just off the downtown Commons. 

The incubator and Hot Spot will be directed by Tom Schryver, an undergraduate and MBA alumnus of Cornell with a long record of entrepreneurial success. For more information, see the news releases issued by Cornell, Ithaca College, or TC3. We warmly welcome the Downtown Incubator to membership! 

Entrepreneur Space kitchen and office incubator celebrates 3rd birthday under QEDC sponsorship

The Entrepreneur Space, a kitchen and office incubator based in Long Island City, celebrated its third anniversary under the sponsorship of the Queens Economic Development Corporation. For more, please see the attached release. The photograph shows Queens Borough President Melinda Katz and City Council Member Jimmy Van Bramer and other guests and dignitaries looking on as the cake is cut. 

Rochester paper covers two tenant/clients of NYSERDA Clean Energy Incubator at RIT Venture Creations; local media review rapid job growth at two others

The Rochester Democrat & Chronicle profiled two tenant/clients at the Venture Creations incubator at RIT and its NYSERDA-supported Clean Energy Incubator:

The paper also revisited Vnomics, a Venture Creations graduate that has received considerable attention for its fleet-management and diagnostics system. The story reviewed the RIT spinoff's expectation to add 100 new jobs in the next two years, and its contract with Navistar, a major industrial company.

In addition, the Rochester Business Journal covered the rapid growth of IMSWorkX, a developer of applications for IP-based telecommunications, which entered the incubator with four employees a little more than a year ago, has grown to eight, and now expects growth to 12.

For more information, see Venture Creations' four recent news releases.

KYNTEC graduates from UB Technology Incubator to 27,000 square feet of commercial space after 7 months of rapid growth

KYNTEC Corpopration, a maufacturer of high-tech shock absorbers and mounts, graduated from the UB Technology Incubator after only 7 months of rapid growth to 27,000 square feet of private-sector manufacturing space in nearby Cheektowaga. KYNTEC became the 88th company to graduate from the incubator, which is one of our founding supporting members and an anchor of the Western New York Innovation Hot Spot. For more information, see the university news release.

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