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Allegany, Cattaraugus, Chautauqua, Erie, and Niagara counties

First group of approvals for tax-free START-UP NY status in 2015 includes nine to co-house with our member incubators

The first group of companies approved in 2015 for tax-free status under the state's START-UP NY tax-free program includes several additional firms that will be cohoused with our member incubators, according to a news release from Gov. Andrew Cuomo. Companies approved for the program must be adding net new jobs to the state, either through relocation or startup, or else may be graduates from certified incubator programs. Here are the latest companies that will lodge with our members:

 

Southern Tier REDC award to Ceramics Corridor parent will support 50 advanced-manufacturing jobs at former aircraft manufacturing site in Big Flats

Some 50 advanced-manufactuirng jobs will be supported when our member the Ceramics Corridor incubator opens a third site, in 45,000 square feet leased from Chemung County Industrial Development Agency at the Schweizer Aircraft building on the former Sikorsky campus in Big Flats, according to coverage in the Elmira Star-Gazette.

The newspaper story provides additional detail on Southern Tier Regional Regional Economic Development Council award noted previously on our website. Alfred Technology Resources Inc., the parent of the incubators, is combining a $300,000 REDC award with $150,000 from the Appalachian Regional Commission for broadband access, and a $600,000 loan form the IDA, according to the story.

Alfred Technology Resources already operates two Ceramics Corridor incubators, one in Painted Post, near Corning, and a second in Alfred, the site of the New York State College for Ceramics at Alfred University. Both sites are affiliated with their respective region's Innovation Hot Spots. 

 

Buffalo News recognizes role of UB incubators and the BNMC in growing cluster of biomedical startups

In a survey of Buffalo's growing cluster of bioscience startups — as many as 275 at all stages of development in life scieces, biotechnology and medical technology — The Buffalo News recognizes several especially promising companies, several of which are tenant/clients of our supporting member SUNY's University at Buffalo:

Nearly all the other companies on the News's list are situated in institutional buildings or standalone commercial structures on the Buffalo Niagara Medical Campus (BNMC), a rapidly growing downtown research park, which is also one of our members, on behalf of its Thomas Beecher Jr. Innovation Center. The Innovation Center incubator was recognized as home to Everon Technologies. 

The full article is here.

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.