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Submitted by admin on June 8, 2014 - 9:18am
Our member incubators and research parks played roles in the first wave of approvals announced by Governor Cuomo under the START-UP NY tax-free program. In each case, we have at least one member incubator that has been heavily involved in preparing and guiding applications and may comprise part of the approved zone. Also in all cases, our members operate university-affiliated Innovation Hot Spots or Certified Incubators whose graduates will be eligible for consideration for entry into START-UP NY zones as if they were companies new to the state.
According to a news release from the Governor's office, companies were approved for benefits in tax-free zones at the University of Buffalo, Rochester Institute of Technology, Cornell University, and SUNY Downstate Medical Center. Additional news releases can be found at the websites of the University at Buffalo, the Rochester Institute of Technology, and Cornell University.
Submitted by admin on June 7, 2014 - 6:25pm
Our 2014 annual meeting attracted 65 leaders in incubation, innovation and entrepreneurship from around the state to SUNY's Stony Brook University, home to the flagship Long Island High Technology Incubator, the Calverton Business Incubator, the NYSERDA-sponsored Clean Energy Business Incubation Program, and incubation spaces in the state-backed wireless and advanced energy centers at the university's R&D Park.
Welcome remarks were given by Dr. Yacov Shamash, the university's dean of engineering and vice president for economic development. Featured remarks were also offered by:
- Matthew Watson and Michael Ridley of Empire State Development Corporation's NYSTAR division, which manages among other programs the NYS Innovation Hot Spot and Certified Incubator programs which our members have been very succesful at competing for;
- Bob Herz, deputy chief of staff to state Senator Maritn Golden, on activities of the Senate Select Committee on Science, Technology, Incubation and Entrepreneurship;
- Christopher Reim, managing director of the Community Development Venture Capital Alliance and managing director of the Innovate NY Seed Fund;
A featured panel discussion on crowd "resourcing" (funding and sourcing) was moderated by Laura Mann, executive director of FuzeHub, and included the following panelists:
- Jim Allen, consultant to Shapeways;
- John Dimatos, Kickstarter;
- Kate Drane, Indiegogo;
- Haytham Elhawary, CUNY Zahn Center;
- Lou Walcer, Cornell McGovern Center.
Submitted by admin on April 28, 2014 - 8:58pm
Thirteen of our member incubators were formally awarded status as Innovation Hot Spot leaders or NYS Certified Incubators, in a ceremony conducted in Albany by New York State Commissioner of Economic Development Kenneth Adams, ESDC/NYSTAR Division Director Matt Watson, and NYSTAR Director of Business Development Mike Ridley.
Here is a full gallery of photos from the awards ceremony. We will update this post when a formal news release is available. For more background on these programs, see our prior coverage. To determine if a member incubator leads or participates in an Innovation Hot Spot or holds Certified Incubator status, you can search our member database.
Congratulations to our members, and good luck to those who will be competing in the downstate round of competition for Innovation Hot Spots coming up this spring.
New York State's designation of 'Innovation Hot Spots' and 'Certified Incubators' favored BIA/NYS members with solid histories of accomplishment and well designed operating plansSubmitted by admin on December 12, 2013 - 5:00pm
Our member incubators with strong track records and plans for the future dominated Empire State Development Corporation's awards of "Innovation Hot Spots" and "Certified NYS Incubators." These awards were made under New York State's Regional Economic Development Council process, and recently announced by Governor Cuomo and Legislative leaders. Source for all awards is here.
The following awards were made to our members for "Innovation Hot Spots," which will receive support from ESDC for delivery of business incubation services according to best practices and which will also be able to offer certain tax advantages to tenant companies:
- in Western New York, a consortium led by our supporting member University at Buffalo (operator of the UB Technology and downtown Biosciences incubators) also involves our members SUNY Fredonia Technology Incubator, the BNMC Thomas Beecher Jr. Innovation Center, the Ceramics Corridor incubator at Alfred, Harrison Place, and SUNY's Buffalo State College.
- In the Finger Lakes, a consortium led by our supporting member High Tech Rochester (operator of Lennox Tech Enterprise Center and Rochester BioVenture Center) also involves another supporting member, RIT's Venture Creations incubator, and other resources in the region;
- In Central New York, a consortium is led by our supporting member The Tech Garden in Syracuse, a program of CenterState Corporation for Economic Opportunity;
- In the North Country, a consortium is led by our member the Peyton Hall Incubator at Clarkson University's Shipley Center for Innovation in Potsdam;
- In the Southern Tier, a consortium led by our supporting member Cornell University (operator of the McGovern Center biotech incubator) will collaborate with Binghamton University (operator of the Start Up Suite incubator), Ithaca College, Tompkins County Community College, and Corning Inc. This project also received a $1 million capital grant for a new incubator facility in downtown Ithaca just off the Commons.
Five more Hot Spots are expected to be named over the next year.
The following awards were made to our members for "Certified NYS Incubators," which will receive support from the state for delivery of business-incubation services according to best-practice standards:
- RPI, operating of the Emerging Ventures Ecosystem and RPI Tech Park;
- Orange County Business Accelerator in New Windsor;
- Mohawk Valley EDGE, sponsor of our member the Griffiss Institute (which also received a $1 million capital award for expansion) in Rome;
- Hudson Valley Center for Innovation (aka iCANny);
- Stony Brook University incubator programs (multiple facilities, LIHTI and others);
- Downstate Technology Center, operator of the SUNY Downstate Advanced Biotechnology Incubator and BioBAT in Brooklyn;
- NYU-Poly incubation program, operator of the Varick Street and DUMBO incubators in Manhattan and Brooklyn;
- The Technology Farm, aka the Cornell Agriculture and Food Technology Park in Geneva, Ontario County.
Several of our member awardees in both categories also operate clean-energy business incubators on contracts from NYSERDA, the state's energy R&D agency.
We congratulate all our winners and hope the state will be able to finance additional awards in the coming year. We are gratified to see an emphasis on best-practice incubation services rather than only new-facility construction, and support for regional collaboration.
Additional awards were made to a new Queens Tech Incubator and a new incubator operated by Albany Nanotech/CNSE. We warmly invite both to consider joining our membership!
UPDATE (12/16). Here is Empire State Development's official news release on the awards.
UPDATE (2/2): further edits for clarity and accuracy.Read more
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