the latest news about Business Incubators and Accelerators from across New York State...
December 2019 NYS Incubator Report



SAVE THE DATE
BIANYS ANNUAL MEETING DATES ANNOUNCED....

bianysnyc2020
May 31st-June 2nd

STEAM GARDEN OPENS IN THE CITY OF ALBANY

BIANYS Executive Director Marc Alessi had the opportunity to be on hand for the launch of the STEAM GARDEN in Albany.
The Central Avenue Business Improvement District (CBID) has an ambitious vision for an economically challenged portion of Albany's midtown district. 
CBID, along with the support of many partners and community groups, is rehabilitating the former St. Patrick’s School on Central Avenue into a hybrid facility, known as the S.T.E.A.M Garden, that will aggregate entrepreneurs, creative technology professionals, higher education students, and small business startups. While programming for the building will evolve with the needs of the users, CBID anticipates that the space will include co-working spaces, flexible meeting areas, maker space and a historic restorations laboratory. Inspired by the  Syracuse Tech Garden , the overall concept is to enable individuals or small businesses from the community to interact, collaborate and eventually foster their ideas until they become a reality and can scale up to the next stage of business development. 

Napkin-to-Prototype Hardware Accelerator 2020 Application 

We will be reviewing applications on a rolling basis.
If admitted, you will need to physically participate at Rev: Ithaca Startup Works during the 10-week summer program.
Email  hardware-accelerators@cornell.edu  with questions.

Hofstra Launches $100,000 Veterans Entrepreneurship Contest

Hofstra University’s Center for Entrepreneurship  is launching a $100,000 pitch competition for military veterans that will provide access to experienced mentors, an entrepreneurship bootcamp and seed capital for their startups.
The  Hofstra Veterans Venture Challenge  is a partnership of the Center for Entrepreneurship, the Hesselbirg Family and the  United States Veterans Chamber of Commerce . It is one of the most ambitious entrepreneurship contests for retired servicemembers in the nation.

Upstate Medical incubator helps steer biotech breakthroughs to market

A startup working to turn a scientific innovation into a successful product needs a great deal of support. That includes access to facilities, to state-of-the-art equipment and to the expertise one finds at a major research university. 
The Central New York Biotech Accelerator is one of 17 SUNY business incubators that help to advance innovation, create jobs and drive economic development throughout New York State. Owned and operated by SUNY Upstate Medical University, the Biotech Accelerator opened in Syracuse in 2011 to give biotechnology startups crucial support they need to thrive. 

A recipe for growth- incubated company from GENEVA TECH DEVEOPMENT CENTER and food started up ecosystem highlighted....

Dan Wise is on a kind of mission.
“We are encouraging our customers to rise up against fake food,” says Wise, founder and CEO of  RealEats America Inc.
Wise’s zeal powered the creation of a Geneva startup that cooks healthy, nutritious meals and ships them to more than 20 states. In November, RealEats took home $1 million at the inaugural  Grow-NY Food and Agriculture Business Competition , an effort modeled after the successful Luminate NY Accelerator Competition. 

Rev Ithaca's GIVEGAB has most successful giving Tuesday yet

During this year’s Giving Tuesday (December 3, 2019), GiveGab helped nonprofits raise over $55 million. Established in 2013 by Charlie Mulligan (CEO) and Aaron Godert (COO), the Rev member company makes it easier for fundraising professionals in the nonprofit sector to raise money for their organizations and causes. Over the years, GiveGab has become the largest Giving Day platform in the industry.
This year’s GiveGab Giving Tuesday consisted of 64 Giving Day sites and 8,501 active campaigns, raising money for 4,021 different organizations. A total of 82,671 gifts were made with 46,810 donors involved. The average online donation was $115.



Launch NY COO honored for investments

Lindsay Karas Stencel, chief operating officer and fund manager at Launch New York, was named "Investor of the Year" by the Upstate Capital Association of New York.
Stencel this year closed 42 investments through Launch New York's nonprofit seed fund and its new, for-profit limited partner fund.
Launch New York provides mentoring and capital access to startups in the 27 westernmost counties of the state.

Pair of startups win Griffiss business accelerator contest

Two startup businesses received a total of $300,000 in seed funding as winners of the IDEA NY business accelerator competition Wednesday night at the Griffiss Institute, announced Empire State Development (ESD). The grand prize of $200,000 was awarded to United Aircraft Technologies (UAT) of Albany while $100,000 was awarded to PreVision Corp. of Syracuse as the runner-up.
The two business teams will participate in a year-long IDEA NY accelerator program, which provides technical assistance to help grow their businesses, said ESD. The teams will be hosted at the Griffiss Institute and will be required to reside in the Mohawk Valley for at least one year.


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