the latest news about Business Incubators and Accelerators from across New York State...
February 2018 NYS Incubator Report

The  Life Sciences Research and Development Tax Credit Program  is designed to support new life sciences businesses locating, inventing, commercializing and producing in New York State. Program credits of $10 million per year can be allocated and used to encourage new businesses to conduct their research and development in the State.
Qualified life sciences companies may be eligible to receive a fully refundable credit based on qualified research and development expenditures incurred in New York State (NYS). The credit is 15 percent for a company that employs 10 or more persons and 20 percent for a company that employs 10 or less. The credit is allowed for up to three consecutive years beginning with the first taxable year on or after January 1, 2018 during which the qualified life sciences company meets the eligibility criteria. The credit is capped at $500,000 per year for a lifetime cap of $1.5 million.
NSF launches new SBIR Phase 0 program, in conjunction with two BIANYS members affiliated I-Corps nodes. NYC and Upstate I-Corps Nodes selected to participate

NSF has launched a new program,  SBIR Phase 0 , to help start ups determine the commercial readiness of their technology concept and identify the key obstacles they must overcome to launch their product into the marketplace. The New York City (NYCRIN) and Upstate New York (UNY) I-Corps Nodes will each be recruiting 8 teams to participate in this program.

Teams will receive national I-Corps training as well as guidance on some of the more common issues in startup formation, including incorporation, licensing and negotiation of intellectual property, fundraising and others. These training programs will help Phase Zero I-Corps teams better prepare a Small Business Innovation Research (SBIR) or Small Business Technology Transfer (STTR) proposal.

Attached is a description of the new NSF SBIR Phase 0 program. Please share this with your startups that are planning to submit SBIR Phase I applications.

Phase 0 applications may be submitted directly online at the following links.

i CANny hosts breakfast on innovation at St. Mary College in Newburgh

On Friday, Feb. 16, Mount St. Mary College in Newburgh, will host the first 2018 Breakfast Forum, in which noted software engineer and serial entrepreneur, Wayne Reuvers, will be the featured speaker on the “Rise of Disruptive Technology.”

NY-BEST Annual Meeting & Conference: Capture the Energy 2018

NY-BEST is hosting its 8th annual “Capture the Energy” Conference on March 14-15, 2018 in Albany, NY at the new Albany Capital Center. The two day conference is taking place just steps from the New York State Capitol building and will bring together leaders from throughout the energy industry to discuss the important role that advanced batteries and energy storage technologies are playing to make the electric grid and transportation system cleaner and more efficient.  

more info B RIS2E Entrepreneurship and Innovation Lecture Series

Feb 22nd 4pm

Kim Grant from the NYS Center of Excellence on Bioinformatics and Allen Rosenhoch from Invest Buffalo Niagara are to speak on the value proposition of doing business in Buffalo's innovation ecosystem

CEO Presents - Dr. Robert Corona
"SUNY Upstate Medical University - Why We Matter to the Economic Development of Central and Northern New York"

Wednesday, February 14, 8:00 am
at CNY Biotech Accelerator, 3rd Floor Theater-in-the-MIND
Parking in lot behind the building

8:00 a.m. Registration, Networking and Continental Breakfast
8:30-9:30 a.m.  Presentation


January 2018 NYC and US Funding Report

I a look at the state of venture capital and angel funding during the month of January, both in New York and nationally. Analyzing some publicly available data from our friends at  CrunchBase , we break down the national aggregate statistics for all funding deals by stage of funding (Seed, Series A, Series B, and Series C+).

CADE kicks off the off season business planning sessions for farms and food businesses Register for the Farm and Food Business Incubator's BUSINESS PLANNING WORKSHOP series now to get a head start on your vision, your plan, your strategy, and your success. Register or contact for more information: .

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