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First group of approvals for tax-free START-UP NY status in 2015 includes nine to co-house with our member incubatorsSubmitted by admin on January 31, 2015 - 5:08pm
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:
- At the Thomas Beecher Jr. Innovation Center at the Buffalo Niagara Medical Campus (under SUNY University at Buffalo's START-UP zone):
- Asana Medical, Inc., moving from Florida to develop a therpay for ulcerative colitis
- Genetesis, LLC, relocating from Ohio to develop a device to measure electrochemical activity through the skin
- HemoGenyx, LLC, developing biotechnology-based treatments for blood diseases
- KeepUp, Inc., a mobile app company aggregating user's social channels into a single newsfeed
- Raland Therapeutics, Inc., developing an implantable biosensor for cancer chemotherapy patients
- At UB's own Technology Incubator:
- NE Innovation, LLC, developing smart textiles for athletics and extreme sports
- At SUNY Downstate's Advanced Biotechnology Incubator:
- AzurRx BioPharma, Inc., developing treatments for pancreatitis and cystic fibrosis
- At SUNY Stony Brook's Long Island High Technology Incubator:
- Anschel Technology, Inc., manufacturing a device used during eye surgery
- Aset Therapeutics, LLC, developing biotech therapeutics for brain tumors and non-small cell lung cancer
Southern Tier REDC award to Ceramics Corridor parent will support 50 advanced-manufacturing jobs at former aircraft manufacturing site in Big FlatsSubmitted by admin on January 31, 2015 - 4:43pm
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 startupsSubmitted by admin on January 28, 2015 - 7:55am
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:
- Currently at the UB Technology Incubator: AccuTheranostics and Nupur Technologies
- Set shortly to move into the UB Biosciences Incubator: Sinapis Pharma
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.
Submitted by admin on January 25, 2015 - 4:29pm
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.