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Cortland, Madison, Onondaga, Tompkins, and Oswego counties.

Syracuse paper interviews clean-energy entrepreneur Seth Mulligan, now leader at Tech Garden and Cleantech Center

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 on this coverage! 

Recently, syracuse.com also covered the opening the nearby new SALT Makerspace, an advanced prototyping facility in which The Tech Garden made a founding investment. SALT, which references a historically important element of Central New York business history, in this case stands for "Syracuse Arts Learning and Technology." 

 

Tech Garden's NYSERDA-sponsored Cleantech Center graduates 3 firms, admits 6 new ones to incubation program

The NYSERDA-funded Cleantech Center operated by our member The Tech Garden announced the graduation of three companies and entrance of six new startups into its clean-energy incubation program. At the Cleantech Center, graduation generally indicates that a firm has developed a complete business plan, leveraged $500,000 in private capital, and sold its first product to paying commercial customers. Collectively, the graduates employ 33 persons in businesses that were just concepts several years ago. 

Graduating the incubation program were:

  • Cortland Research, which sells wireless-networked energy-management systems;
  • Ephesus, which sells solid-state lighting fixtures; and
  • Rapid Cure Technologies, which sells coatings that can be cured by energy-efficient and environmentally friendly techniques.

Entering the incubation program were:

  • Green, developing recycling processes for electronic circuit boards;
  • EkoStinger, developing drag-reducers for truck undercarriages;
  • Full Circle Feed, which reprocesses food leftovers into dog treats;
  • SparkCharge, which plans to offer a network of charging stations for electric vehicles;
  • Windsor Wood, developing a treatment for wood products to enhance strength and durability; and
  • Wireless Grids Corporation, provoding energy management systems for the built environment.

The Tech Garden also announced the reopening of its multimedia auditorium and conference center as the Fibertech Networks Theater.  For more information, see the news release issued by The Tech Garden's sponsor, CenterState CEO, or coverage at the Post Standard's syracuse.com

 

 

Do startups stick to the region where they started? The Post-Standard explores Tech Garden tenant Density as a case study

Coverage in the Post-Standard's syracuse.com uses the example of Density, a tenant at The Tech Garden, to explore the question of whether startups stay anchored where they were started or relocate in chase of capital.

Density, which is developing systems to help retailers track foot traffic in sophisticated ways, opened a two-person office in San Francisco while keeping two other jobs in Syracuse, citing practical advantages as well as its moral debt to the incubator. Other startups at The Tech Garden have made different choices and were not impeded. 

One thing we know about business incubators is that 84% of their graduates choose to remain in-region. Density itself was a spinoff of Tech Garden anchor tenant Rounded, exhibiting another well known synergy of business incubation.