the latest news about Business Incubators and Accelerators from across New York State...
January 2020 NYS Incubator Report



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BIANYS ANNUAL MEETING DATES ANNOUNCED....

bianysnyc2020
May 31st-June 2nd


After witnessing an all-time NYC seed activity high in Q3, both total funding and number of deals were down in Q4. But while deals have decreased 30% from last quarter, average round size inched to the highest it’s been all year, a 3.7% increase from Q3. Though we’re not used to seeing red arrows, Q4 activity


CO2-to-fuel process wins TAF MVP CleanTech Competition

Dimensional Energy won a $50,000 investment at the Technology Accelerator Fund (TAF) Most Valuable Pitch (MVP) CleanTech Competition held at the University at Albany on December 11. The startup, which is a member of the Koffman Southern Tier Incubator at Binghamton University, will use the funding to advance its “artificial photosynthesis” technology that combines sunlight and CO2 to make fuel. 

Must-Have Apps for an Entrepreneur’s Smartphone

We wanted to start this year with a necessary post that many entrepreneurs will appreciate: the essential apps in the smartphone of an entrepreneur. Mobile phones have become one of the most important work tools that exist, and much more for any startup, as their frantic pace of work forces them to be on the move. Thanks to many applications, one can learn in a second everything that happens in the world and in their company.

Go To Market: Where to Play, How to Win and Increase Your Velocity

Jot Chahal, Global Director for Digital Health, Hill-Rom
CNY Biotech Accelerator (CNYBAC)
841 E. Fayette St
Syracuse, NY 13210

Thursday, January 30, 2020 -
3:00 - 4:30 p.m.

Free Program/Parking available in lot located directly behind building.
Event will be held in CNYBAC's Theater-in-the-MIND, 3rd Floor

6 Insights to Current Funding Trends for Your Startup

Venture capitalists (VCs) have long been seen as the top of the pyramid for startup funding sources, but in fact, angel investors now fund over twice as many companies, according to Crunchbase. A major chunk of this activity is provided by the newer class of “super angels,” who often look more like micro-VCs, except that they are investing their own money.
Examples of some leaders in this space include Ron Conway in Silicon Valley and Jeff Bezos, CEO of Amazon, who each may have over 500 startups in their portfolio. What characterizes them is the number of companies they invest in, as well as the size of their investments (often less than $250,000), and the seed or startup stage where they specialize.

Hofstra Center for Entrepreneurship's Veterans Business Plan Competition on Fox News

For aspiring entrepreneur Chris Holman, a little financial help and mentorship would go a long way. The married father of two is an  Air Force veteran  taking part in the Hofstra Veterans Venture Challenge, which is said to be of the largest  entrepreneurship  competitions for vets in the nation.

COMPANY SPOTLIGHT
CEBIP startup Hoplite Power in the new

Intelligent Product Solutions  (IPS), a subsidiary of Forward Industries ( FORD ) and an award-winning product design firm, today announced its alliance with  Hoplite Power , a Client of the Clean Energy Business Incubator Program (CEBIP) at Stony Brook University, to advise it on manufacturing its new on-demand rentable smartphone power-charging stations. The Hoplite Hubs are designed to automatically recharge Hoplites, universal smartphone battery packs that can be rented from and returned to any Hoplite Hub in the network.

MEMBER OF KOFFMAN INCUBATOR AT BINGHAMTON - SOUTHERN TIER ENERGY INCUBATOR SNAGS $600K IN U.S. DOE FUNDING TO ADVANCE THEIR SOLAR TECHNOLOGIES

The U.S. Department of Energy has funded solar technology company Syndem to advance their work on solar inverters. Syndem’s technology will increase the use of solar power in homes and businesses by making it easier for grid operators to integrate much larger supplies of solar power into their networks, while also making solar systems more secure from cyberattack.

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