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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.

UB Technology Incubator to add coworking space 'tenX'

The University at Buffalo Technology Incubator, one of the state's longest-standing and most successful incubator programs, will add a new 1,400-square-foot coworking space dubbed tenX. The UB Technology Incubator joins a growing number of our member incubators that operate or house a co-working space as part of a broader, fully developed business-incubation program. More media coverage in Buffalo Business First here.

BioInc@NYMC admits first three tenants

Three initial tenants have joined the BioInc@NYMC incubator, according to coverage in the Mid Hudson News linked on the college's website. The three initial entrants are: Conversion Energy Enterprises, which develops medical lasers; MB Group USA, which produces food sweeteners tailored to specific medical needs; and MOE Medical Devices, developer of therapeutics based on cold electrical plasmas.  More local media coverage here

 

Syracuse media feature rapid growth of Tech Garden tenant Swipe to Spin into new markets

Swipe to Spin — a tenant of The Tech Garden incubator that sells technology to enable 360-degree product views on websites — is on a "hiring spree," according to coverage on the Syracuse Post-Standard's syracuse.com website.

The story recounts how adding a new market in auto dealerships has enabled the company to quadruple its workforce to 25 over the last several months, and to plan adding 50 more jobs by the end of 2015. Although the company maintains a four-person office in New York City, 95 percent of the new jobs will be created in Central New York, where the founders are from, and the company has no plans to relocate. For the full story, read here

NYU's Polytechnic School of Engineering recaps graduations, funding events, and acquisitions for 2014 at all three incubator sites

Graduations, funding rounds and acquisitions are the focus of a 2014 review of incubator operations released by NYU Polytechnic School of Engineering. The news release highlights the following developments at all three incubator sites (Varick Street, DUMBO, and the Urban Future Lab at MetroTech Center, which houses the NYC ACRE incubator):

  • $87.7 million in company revenue at both resident and graduated companies;
  • acquisitions of TapCommerce (by Twitter) and FileMobile (by Newzulu), bringing the number of acquisitions to eight;
  • graduations of CourseHorse, Vettery, Two Lines and a Dot, and KISI;
  • rapid growth by 2013 graduate Bounce Exchange, which now rents 30,000 square feet in Times Square; and
  • funds coming to incubator companies from competitions, crowd-funding campaigns, and the federal SBIR program.

The full report is here

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