Gov. Cuomo recognizes NYSERDA clean-energy incubators for attracting $215m in private capital to 141 clean-energy startups

In a news release issued statewide, Governor Andrew Cuomo recognized all six NYSERDA-sponsored cleantech incubators for their role in standing up 141 clean-energy startups, backed by a total of at least $215 million in private capital and representing 980 newly created jobs.

The release highlighted one startup at each of the six NYSERDA-sponsored incubators, all of which are affiliated to some degree with our members. For more information, please see the NYSERDA release

We are proud that NYSERDA is a sponsor of our website, email newsletter, and annual meeting.

IgniteU NY, a student accelerator sponsored by NYSTEC, joins BIA/NYS

IgniteU NY, an accelerator program serving college students in the Capital Region, is about to move into new, year-round space on Broadway in downtown Troy and has joined BIA/NYS as our newest member.

The accelerator is an internally financed economic-development project of NYSTEC, a nonprofit IT consultancy serving government agencies and institutions statewide. NYSTEC is headquartered in Rome but maintains offices in Albany and New York City. The accelerator is part of its program to "give back" to the communities where it operates.

The target of IgniteU NY is mainly students and recent graduates across upstate whose colleges are not large enough to have formal incubator facilities or accelerator programs. It puts student teams through a curriculum overseen by an entrepreneur in residence and multiple mentors. At present it neither charges nor takes equity. Of last year's cohort, one food startup was graduated to the FoodX venture accelerator in New York City. 

The program is directed by Evan DeGennaro and Rick Neff of NYSTEC. We warmly welcome IgniteU NY to membership! 

BIA/NYS sets Friday, June 10th, for annual meeting in Utica #bianys2016

The Business Incubator Association of New York State, Inc., announces that our 2016 annual meeting will be held on Friday, June 10th, in Utica. This is the first time our annual meeting has been held in the Mohawk Valley economic region.

Our meeting is the singular statewide event where practitioners of innovation & entrepreneurship meet to talk about incubation and related activities, along with critical partners from the government, university, and private sectors.

We are co-hosted this year by our two incubator programs in the Mohawk Valley: thINCubator in Utica, sponsored by Mohawk Valley Community College, and the Griffiss Institute incubator program at the Griffiss Business & Technology Park in Rome, site of the reinvented Air Force base.

Come join us to learn about

  • What's happening in incubation across the Mohawk Valley — certified incubators, the regional Innovation Hot Spot, and START-UP NY zones;
  • Models being deployed by the community foundation and successful entrepreneurs to support entrepreneurial development and startup formation;
  • How startups statewide can work with the Air Force Research Laboratory at Griffiss to develop strategic customers in the Air Force and its prime-contractor supply chain;
  • The latest updates from our partners at Empire State Development and the state Senate. 

We are pleased to announce that our lunch speaker will be Dr. Danielle Merfeld, a vice president of GE and group director for electronic technology systems at the GE Global Research unit based in Schenectady. Dr. Merfeld is the GE R&D executive working most closely with the new $2 billion power-electronics-packaging line the company is installing in Utica at the Marcy Nanocenter. Dr. Merfeld will speak about opportunities for startup entrepeneurs statewide to serve the innovation needs of GE in this segment, including by hardware or software innovation that opens up new end-use markets for GE. 

About half the day is open to the public, with a short business meeting for members only in the afternoon, followed by tours for all of our member incubators. Draft agenda attached below.

We would like to thank our meeting sponsors NYSERDA, the Research Foundation for SUNY, the New York State Economic Develpment Council, Marshall and Sterling Insurance, and Bond, Schoeneck & King, our local members, and UVANY. 

The eventbrite form shows the basic fee for attendance, including continental breakfast and a light lunch. Significant discounts are available to BIA/NYS members (ask for the code) and attendees of day-before UVANY event and to NYSERDA contractors.

Center for Entrepreneurship at Hofstra University joins BIA/NYS

The Center for Entrepreneurship at Hofstra University, which just opened the ideaHUB in Hofstra's main campus library and also plans a larger physical incubator elsewhere on campus, has joined BIA/NYS as our newest member.

The Center has reinvented a campus business-plan competition as the $100,000 Hofstra-CPXi Venture Challenge, a mentored accelerator program designed in collaboration with MIT's Venture-Mentor program and staffed by the Center's six entrepeneurs in residence. As part of the year-long challenge cycle, the ideaHUB will also host a series of mini-pitch events targeting specific schools or disciplines, awarding $1,000 in prizes each time. 

The Center is a university-wide initiative directed by executive dean Mark Lesko. Mark is also the founding executive director for Accelerate Long Island, a nonprofit pre-seed investment fund created by Long Island's research institutions. We warmly welcome the Center for Entrepreneurship to our membership!

 

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