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Submitted by admin on April 28, 2015 - 11:17am
Statewide and regional business plan competitions selected tenants of our member incubators as winners:
- Uma Bioseed, a student startup working with technology in the portfolio of a Cornell spinoff housed at the McGovern Family Center for Venture Development in the Life Sciences, won the $100,000 grand prize in the NYS Business Plan Competition;
- Volu, a student-initiated business at Syracuse University and a tenant of The Tech Garden, won a first place award and $10,000 at the New York State Business Plan Competition.
- Splyce eSports, a videogaming client of RIT's Venture Creations incubator, won first place and $25,000 plus free services in the Rochester Venture Challenge co-managed by RIT and High Tech Rochester.
Tech Garden adds expansion space, new-business competition; affiliate will manage $1.5m for tech commercialization from NYS Innovation Venture Capital FundSubmitted by admin on February 16, 2015 - 7:50pm
Our supporting member The Tech Garden opened an 18,000 square-foot expansion wing and launched a $600,000 new-business competition. In addition, the sponsoring CenterState Corporation for Economic Opportunity won a $1.5 million allocation from the New York State Innovation Venture Capital Fund. The Tech Garden also manages the state-designated Central New York Innovation Hot Spot consortium.
- The Tech Garden II, opened in newly renovated space on the ground floor of the adjacent AXA Tower 2, eases capacity constraints at the main Tech Garden incubator and provides space for companies certified under the state's START UP NY tax-free program, operated in conjunction with Syracuse University. Tech Garden II will also house the closely affiliated NYSERDA-sponsored Cleantech Center. For information, see the news release from CenterState CEO.
- The new-business competition, called The Germinator, will award a total of $600,000 in equity investments made in increasingly competitive funding rounds every six months over two years. In addition to business advice and mentoring, participants may use the services of DevBox, an in-house development shop established by the resident Syracuse Student Sandbox. For more information, see a second news release from CenterState CEO.
- The Grants for Growth university/industry matching-grant program operated by the Tech Garden's sponsor CenterState CEO will now also manage $1.5 million in funds provided by the NYS Innovation Venture Capital Fund. The money will be used for pre-seed investments in technology commercialization from universities across 22 upstate counties, according to a news release from the office of Governor Andrew Cuomo.
Submitted by admin on January 25, 2015 - 4:04pm
Swipe to Spin — a tenant of The Tech Garden incubator that sells technology to enable 360-degree product views on websites — is on a "hiring spree," according to coverage on the Syracuse Post-Standard's syracuse.com website.
The story recounts how adding a new market in auto dealerships has enabled the company to quadruple its workforce to 25 over the last several months, and to plan adding 50 more jobs by the end of 2015. Although the company maintains a four-person office in New York City, 95 percent of the new jobs will be created in Central New York, where the founders are from, and the company has no plans to relocate. For the full story, read here.
Syracuse paper interviews clean-energy entrepreneur Seth Mulligan, now leader at Tech Garden and Cleantech CenterSubmitted by admin on September 15, 2014 - 11:15am
In a Sunday feature on regional leadership, the syracuse.com website of the Post-Standard newspaper included an extensive interview with Seth Mulligan, a former clean-energy entrepreneur who now leads The Tech Garden downtown incubator and NYSERDA-supported Cleantech Center incubator. Both programs form key elements of the state-designated Central New York Innovation Hot Spot consortium.
In the story, Seth speaks about the revival of entrepreneurial culture in Syracuse being sparked by these programs, and outlines the high-technology sectors where progress is being targeted. Seth currently serves on the BIA/NYS board of directors, and we warmly congratulate him