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Western NY

Allegany, Cattaraugus, Chautauqua, Erie, and Niagara counties

Genesee County's MedTech park adds Innovation Zone coworking space

A new 1,400 square-foot coworking space branded as the Innovation Zone will open at the Upstate MedTech Park, in the same building as our member the Bruce A. Holm MedTech Centre incubator. Buildout will be accomplished with a $50,000 grant from National Grid. For more information, please see the attached news release and this presentation

The Innovation Zone and the MedTech Centre incubator anchor a 34-acre MedTech park in Batavia, situated across the road from SUNY's Genesee Community College, and qualifying as a START-UP NY tax-free zone.

The park sponsor Genesee County Economic Development Center is also partnered with two state-designated regional Innovation Hot Spots (WNY and Finger Lakes) that may grant other kinds of tax relief and provide a network of entrepreneurial support at other incubators. 

 

Latest batches of START-UP NY approvals include graduates and move-ins at our member incubators

The latest two batches of companies approved for the state's tax-free START-UP NY program once again include several firms either collocating with or graduating from our member incubators:

Sources: News releases dated March 4 and March 23 from the Office of Gov. Andrew Cuomo. 

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. 

 

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