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New IncubatorWorks facility at ELM Airport Park targets advanced-manufacturing companies

Alfred Technology Resources, which sponsors advanced-materials-technology incubators in Alfred and Corning, added a third site and rebranded itself IncubatorWorks.

The third site, which is situated at the former Schweizer Aircraft building at Elmira-Corning (ELM) Airport Park in Horseheads, will specialize in space for advanced-manufacturing companies. All three sites are now branded under the IncubatorWorks umbrella and participate in the Southern Tier Startup Alliance, the state-designated Innovation Hot Spot, and in START-UP zones certified by the incubators' academic partners. 

For more information see the attached new release and coverage in the Elmira Star-Gazette, WICZ (video here), and the Corning Leader

BNMC Innovation Center announces four new companies joining its bioscience incubator

The Thomas Beecher Jr. Innovation Center at the Buffalo Niagara Medical Campus announced addition of four new tenants to its new life-science incubator building at 73 High Street. All four leverage the Innovation Center's location at the heart of a rapidly growing medical district and research park:

  • Healthcare Hub, a wholesaler of medical supplies, relocated from Tennessee;
  • Rehoboth, develping a diagnostic biosensor;
  • DeconSure, which is relocating from the United Kingdom, focusing on decontamination and sterilization procedures for hospitals and bioscience manufacturing; and 
  • Photlitec LLC, a spinoff from the Roswell Park Cancer Institute (also a BNMC resident) that is developing photodynamic cancer therapies.

For more information, see the BNMC news release

NYSERDA-supported CEBIP incubator at Stony Brook releases video

The NYSERDA-supported Clean Energy Business Incubator Program (CEBIP) at Stony Brook University has released a video (also embedded after the break) narrated by CEBIP director David Hamilton, highlighting the program's goals and structure and including also short statements by some entrepreneurs served by the program. 

Separately, CEBIP client ThermoLift, which is developing advanced heat-pump technology, was profiled at InnovateLI. ThermoLift, which occupies incubator space in the university's Advanced Energy Research and Technology Center at the R&D Park, is an excellent example of CEBIP's targeting of startups with physical products rather than apps or software. 

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Tech Garden will manage $3m data-oriented accelerator, latest in series of public-private investment pools aimed at generating and de-risking startups

Gov. Andrew Cuomo announced that The Tech Garden, a 10-year-old, multifaceted incubator program in downtown Syracuse that is one of our founding members, will manage a $3 million business accelerator competition aimed at startups with a focus on big data analytics, cybersecurity, and data-driven manufacturing. For more details, see Gov. Cuomo's news release

The accelerator, named GENIUS NY (for Growing ENtrepreneurs & Innovators in UpState NY), is the latest in a series of innovative programs at The Tech Garden that deploy a mixture of public and private funding to generate and de-risk investment opportunties for angel and VC funds both in the Central New York region and beyond:

  • The Cleantech Center, contracted by NYSERDA to incubate clean-energy startups;
  • The Germinator, a phased pre-seed investment competition under which the grand winner will gain $250,000 in capital; 
  • Grants for Growth, a long-standing program of The Tech Garden's parent CenterStateCEO, which will manage a $1.5 million university technology-commercialization fund provided by the NYS Innovation Venture Capital Fund; and
  • The ESD-designated Innovation Hot Spot for Central New York, providing entrepreneurial support and tax relief for startups situated at incubators throughout the region. 

Together, these programs provide an unmatched resource for entrepreneurial development. We congratulate our member The Tech Garden and look forward to further announcement of matching arrangements with private-sector investors. 

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