Rev incubator wins 'economic development project of the year' from Downtown Ithaca Alliance

Our member Rev: Ithaca Startup Works, a collaboration of Cornell University, Ithaca College, and Tompkins Cortland Community College, won "Economic Development Project of the Year" from the Downtown Ithaca Alliance. Rev anchors a newly expanded building a block east of the Ithaca Commons.

Congratulations to Rev director Tom Schryver, executive director of Cornell's Center for Regional Economic Advancement and vice chair of the BIA/NYS board. For more information see the Cornell news release

UVC visits CNY Biotech Accelerator and its resident startups

The blog for Upstate Venture Connect (UVC) recently visited our member the Central New York Biotech Accelerator at SUNY Upstate, interviewing several resident startups about the benefits they see in the program. For UVC's full report on the Syracuse wet lab incubator, please visit the first link above. 

NYU incubators searching for new manager at the Varick Street facility

The incubator program at NYU is searching for a new manager for its Varick Street incubator, soon to be refocused on data startups — machine learning, AI, and information security, among other verticals. The hire will be made shortly. For more information or to apply, please check here

Innovate 518, Innovation Hot Spot for the Capital Region, joins BIA/NYS

Innovate 518, the state-designated Innovation Hot Spot for the Capital Region, has joined BIA/NYS as our newest member. Headquartered at SUNY's University at Albany, Innovate 518 is also a partnership with the Rensselaer Polytechnic Institute (RPI) and the Center for Economic Growth (CEG). 

The Innovation Hot Spot in each of the state's 10 economic regions receives an operating grant to coordinate incubation activities across multiple facilities. The Innovation Hot Spot may nominate startups at any of its partner incubators for five years of tax credits. We are in the process of preparing a table mapping the state's designated programs to our membership. Our website will be updated when it is available.

Innovate 518 is run by Maria Pidgeon, associate director for the Hot Spot at UAlbany's new economic-development office in the Division of Research. Matt Grattan, recently hired as the office's director, coordinates UAlbany's participation in the state's START-UP NY tax-free zone. Esther Vargas of RPI's Emerging Ventures Ecosystem, a BIA/NYS director, also sits on the steering committee for Innovate 518. We warmly welcome Innovate 518 to membership! 

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