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Seneca Nation Center for Business Growth/Small Business Incubator joins BIA/NYS

The Seneca Nation of Indians Center for Business Growth/Small Business Incubator has joined BIA/NYS as our newest member. The incubator is a program of the Seneca Nation's Department of Community Planning and Development, and is based at the Nation's offices in Irving, on the Cattaraugus Reservation, spanning the New York State Thruway.

According to its website, the Seneca Nation is "the largest of six Native American nations comprising the Haudenosaunee or Iroquois Confederacy or Six Nations, a democratic government that pre-dates the United States Constitution." The Seneca Nation claims 8,000 enrolled members and is the fifth-largest employer in Western New York through a variety of tribal business enterprises. 

We look forward to bringing you more news of this program in coming months and warmly welcome the Seneca Nation Small Business Incubator to membership. 

BNMC Innovation Center welcomes six new tenants, celebrates 5 years of expansion and programming

The Thomas Beecher Jr. Innovation Center at the Buffalo Niagara Medical Campus announced acceptance of six new tenants, spanning a range from startups to existing business-service providers focusing on the region's growth economy: 

For more information, please see attached news release. 

In addition, The Buffalo News reviewed five years of accomplishments of the Innovation Center as part of the center's recent annual open house: 

  • 75 resident startups in a traditional incubator floor and other space available for lease on short, flexible terms;
  • Multiple graduations into larger space elsewhere on campus or in the city;
  • Creation of "dig" (short for design innovation garage), a coworking space owned and operated by the BNMC itself;
  • Expansion of the incubator into additional space in two other buildings on the Buffalo Niagara Medical Campus property;
  • Integration of other local activities such as the 43North business plan comeptiton and the Z80 private incubator/investment fund;
  • Creation of "Ignite," a program of business development services available to tenants across the campus.

For more information, see the article

Calverton Incubator introduces local food startups, users of the incubator's pilot production lines, to major food distributors

The Calverton Business Incubator, part of Stony Brook University's incubator program, held a showcase introducing major food distributors to the local specialty food manufacturers that are using pilot production facilities at the incubator's Agriculture and Consumer Sciences wing to test and develop new products. Please see coverage at Riverhead Local, InnovateLI, and Edible East End. Food startups are emerging nationwide as an important investment category. 

Tech Garden announces six entrants into 2-year 'Germinator' investment competition

CenterStateCEO, the parent organization of The Tech Garden, announced six entrants into the competitive Germinator pre-seed investment program:

  • Euphony, Inc., developing text-to-speech synthesis for speech therapy applications;
  • Life Source Health, Inc., offering real-time vital health information to emergency responders;
  • Sarita's, a sister company to a local food truck, expanding to a line available through grocery stores; 
  • Trainer Engine, a software platform for trainers to manage their clients;
  • Volu, Inc., a volunteer-engagment platform for non-profits and their volunteers; and
  • VossVertical, creating technology to expand the distance and endurance of unmanned aerial (including drones).

Each entrant received a $10,000 initial investment and will compete over the course of the coming two years for additional tranches of investment. The grand winner will have received $250,000 in investment over hte course of the program. For more information, see the CenterState CEO news release

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