Latest News About Business Incubators and Accelerators From Across New York State

May 2024

New York State Incubator Report

BIANYS News and Updates

Special Offer: BIANYS Annual Meeting Attendees

Business Advisor Certificate (BAC)

Presented by: GrowthWheel International

BIANYS Annual Meeting Attendees can access 50% off the Business Advisory Certificate (BAC) Module, The Client Journey: The Job to Be Done from GrowthWheel held June 6, 2024 at 9AM-11AM in University at Buffalo's Center of Excellence in Bioinformatics and Life Sciences (CBLS) Building.

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In 2023 Touro established the TouroCOM Middletown Research Incubator, a nearly 9,000 sq ft space where local small businesses with research applications can rent space, bring exciting new projects to campus, and facilitate collaborations between faculty and students. The space includes an iso-7 level clean room, various laboratories and office spaces, a conference room, and a 3D printing room.

as a medical educator.


After spending the past two years starting up a new research laboratory at TouroCOM Middletown, Dr. Manna is launching his new research agenda aimed at studying nuclear entry of HIV in close collaboration with colleagues at Touro University Nevada school of medicine.

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Ecosystem News and Reads

Power Grid Research Hub Opens in Albany to Promote Transition to Cleaner Energy

The New York Power Authority is opening a first-of-its-kind electric grid and power systems laboratory. The Advanced Grid Innovation Laboratory for Energy, or AGILe, will be a research center at the NY CREATES' Albany NanoTech Complex that can host various simulations to help promote more sustainable power and the transition to clean energy across New York state and beyond.

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Fueling Upstate Innovation: Launch NY Invests $545K in Emerging Enterprises

Launch NY is excited to continue bolstering Upstate New York's vibrant startup ecosystem with new investments in Buffalo, Ithaca, and Rochester. They’ve announced that their Nonprofit Seed Fund and LP Fund II have invested three innovative companies—Caretech Human, TelosAir, and Edenesque—each receiving $175,000 to scale their manufacturing and bring their groundbreaking products to market.


Caretech Human, based in Ithaca, has developed a revolutionary at-home health monitoring device for urology diseases, offering non-invasive and continuous screening. TelosAir, a Rochester-based company, is transforming indoor air quality management with its advanced sensor technology and data analytics, poised to capture a significant share of the $100 million market. Edenesque, headquartered in Buffalo, produces plant-based dairy products that are already making waves in over 100 locations in the New York City area....

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Climate Tech and Disaster Mitigation Innovators Wanted


Opportunity for any companies that are working in climate tech, disaster risk mitigation and circular economy technology. 


Intralink is looking for market-ready solutions within the below fields, and would aim to begin providing these products/services to its customers in Japan within the current financial year. They are keen to proceed with PoCs by September 2024. 


There is no geographic limitation on this search but it needs to be a market-proven, tangible product or technology and ready to be deployed in Japan. Plug-and-play solutions would be preferred.


Targets:

  • Afforestation
  • Loss reduction (food, energy, heat)
  • Biomass enhancement
  • Domestic energy production
  • Products made from waste streams or circular processes 


Hydrogen, CCUS, insect-based foods, chemicals, agritech and automotive components are out of scope.

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Gameto Raises $33M to Use Cell Engineering to Revolutionize Fertility Treatments

Gameto is a biotech company that is focused on women’s reproductive health using cell engineering. The company’s first commercial candidate, Fertilo, is able to develop “ovaries in a dish” without the need for injections and also truncates the timeline for IVF and egg-freezing to 2-3 days from the customary 10-14 days. Gameto also has a program available for sperm fertility and is looking at new ways to expand its cell engineering to tackle conditions associated with menopause. Fertilo is currently being used in Australia and Latin America and the company plans to launch commercially in these markets by the end of the year.

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NextCorps Luminate: Plugging Into the Optics & Photonics Ecosystem


From the early stages, tech startups need to collaborate with the right supply-chain vendors to get on the path to commercialization and initial revenue. That’s why Luminate hosts a regional showcase each year — to help facilitate those connections between Luminate teams and vetted service providers. Part mini trade show, part matchmaking event, the fifth annual showcase welcomed seventeen organizations from throughout the region to share their core capabilities with the startups of cohort 7 earlier this month. managers supporting startups, along with entrepreneurs and advisors....

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Chris Helvly: The Accelerator as an Economic Development Tool

Dig in a little deeper for those that care about growing a robust startup community and the role that an accelerator (not just a Techstars accelerator) can and should play in your city or region.


To understand the role that an accelerator can play, we first must share a common definition of what makes for an accelerator. Unfortunately, the definition has widened to include any program that in some form helps new entrepreneurs (coworking as an example). For this post, I only include those accelerator programs that provide an investment (usually $25k to $120k in the form of an equity investment), have a fixed program time element (usually 3 months) and have an intense focus on mentorship.

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How AI Is Changing The Nonprofit Research Institute


While some college computer engineering profs may be advising their students not to worry about artificial intelligence derailing their salary projections and long-term career options, it would appear businesses are getting on with deploying the latest AI advances as quickly as possible to see what improvements might be made for the firms’ productivity rates and bottom lines. A recently released working paper from Germany’s Fraunhofer Institute for Systems and Innovation Research (Fraunhofer ISI) reports on an early analysis of AI adoption in the innovation research process.....

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Recent Filings

REV Alumni Stardom Member Ecolectro Wins $3.6M Award

Rev Alumni Stardom member Ecolectro was awarded $3.6M in funding through the Bipartisan Infrastructure & Jobs Law. The Ithaca-based startup specializes in climate science and plans to bring low-cost, clean, green hydrogen energy to market in the very near future. 

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CNY Biotech Accelerator Graduate BioSpherix Aquired by Contained Air Solutions

The addition of Biospherix expands the group’s investment into the important USA market with local manufacturing, increasing its strong and growing positioning.

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Upcoming Programs

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Upstate Capital has partnered with NYSERDA, the Hudson Valley Venture Hub, and Think Dutchess to make connections among venture capital investors active in climate tech investing, industry professionals seeking new technologies, and program managers supporting startups, along with entrepreneurs and advisors.


WHEN: June 13, 2024 | 3:00 PM – 5:30 PM (1:00 PM by invitation only)

WHERE: Inn at Bellefield, 25 Old Vineyard Place, Hyde Park, NY

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Investor Corporate Customer Connect (ICCC) 

June 11, 2024

New York City - BNP Paribas, 787 Seventh Avenue.


Investor Corporate Customer Connect (ICCC) is the signature Navigate event, bringing together investors, corporate strategics, and customers with the world's most promising cleantech and climatech startups to foster

investment and partnership opportunities.

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Retool'24 is an event filled with opportunities to connect, collaborate and build clean energy supplier connections. Meet entrepreneurs, leaders from start-ups, small and medium manufacturers, technical experts, all part of the clean energy evolution.

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CNY Concept to Commercialization Series:

Biologic Contract Manufacturing

June 6, 2024 | 10:00 a.m. – 12:00 p.m.


Michael Hausladen, PhD, General Manager

LOTTE Biologics


GLP stMichael Hausladen is the General Manager for LOTTE Biologics USA, LLC, headquartered in Syracuse, NY. LOTTE Biologics is a Contract Development and Manufacturing Organization that is serving the biologic pharmaceutical market. Previous roles at Bristol Myers Squibb (BMS) included starting up the Devens, MA $350M Cell Therapy Facility, managing clinical external biologics manufacturing and various leadership roles including Director of Manufacturing and Director of Manufacturing Technology.

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Now Available: Energy I-Corps Spring Selections and 2023 Annual Report


DOE announced 25 selected projects for the spring round of the 2024 Energy I-Corps program. Energy I-Corps is one of OTT’s key initiatives that empowers National Lab researchers to collaborate with industry and turn research and development into demonstration and deployment. In 2023, Energy I-Corps ushered 24 teams from eight National Labs through the traditional immersive two-month curriculum, now known as Topic 2: Training Cohorts. We also expanded the program in 2023 by introducing pre- and post-Training Cohort offerings called Topic 1: Pipeline Development and Topic 3: Post Energy I-Corps, respectively.  



Since 2015, our program has seen:  

  • $177M+ in funding  
  • 20+ new businesses launched  
  • 78 licenses executed  
  • 450+ participants. 

Learn more about the program and selected projects by visiting the Energy I-Corps webpage. Read the 2023 Energy I-Corps Annual Report here.


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NYC OTI Launches Smart City Test Bed

The newly launched NYC Smart City Testbed Program creates a streamlined path to pilot emerging technologies with stakeholder city agencies. Accepted applicants will pilot their technology within New York City’s built environments with assistance from the Testbed team throughout the entire process

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BIANYS Job Board and Talent Network

Office of Entrepreneurship and Innovation Partnerships at Binghamton University is seeking applicants for the following roles:

  1. Assistant Director
  2. Senior Program Manager
  3. Program Manager
  4. Digital Content Creator


Apply Now

If your Incubator and/or Member Companies would like employment opportunities posted to the BIANYS Talent Network please submit requests here.

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