the latest news about Business Incubators and Accelerators from across New York State
July 2021 NYS Incubator Report
Coworking, incubators and accelerators… what’s the difference?
From working out of a garage to relocating for an industry-specific accelerator program, startups have more options than ever about where to work and how to build their businesses. Among the most popular are coworking spaces, business incubators and accelerators.
You might think these terms are interchangeable, or that they are simply buildings or workspaces. While they often do offer space, the true purpose of all three is to provide entrepreneurs with services necessary for growth. And although they are all designed around the same mission, key differences separate them.

Officials’ tour of BioBAT location highlights hope for bio-based economic growth
Officials from the city Economic Development Corp., SUNY Downstate Medical Center and IAVI (an organization that develops vaccines and antibodies for HIV, tuberculosis and emerging infectious diseases) were impressed when they toured the BioBAT life science incubator at the Brooklyn Army Terminal on Tuesday, after the announcement of a $50 million capital investment from LifeSci NYC.

Westchester Biosciences Accelerator showcases its second cohort

The Westchester County Biosciences Accelerator held its annual Pitch Days this year on June 2 and 3, showcasing its participants virtually.
The event marked the conclusion of the program’s second cohort, which launched in January. The cohort is made up of 12 participants, engaged in the program for a six-month period to develop business plans for diagnostic and therapeutic tools, medical devices and digital health resources. 

Center for Agricultural Development and
Entrepreneurship (CADE)

The Center for Agricultural Development (CADE) and the Dyson School of Cornell University, the Cornell Small Farms Program and faculty from Columbia University announced the launch of a series of roundtable discussions for food system stakeholders to run from August to September 2021 on New York
State’s agricultural future. The roundtables are set to map efforts underway to develop the State’s food system, build bridges among stakeholders, and identify priorities for framing a
long-term vision and plan for New York State, called VISION 2050.

Rev: Ithaca Startup Works opens applications for the first cohort of its Hardware Accelerator program

Applications  are now open and will be accepted on a rolling basis until October 2021, when the program begins. To be eligible for the 60-week program, participants must have a fully functional prototype and a confirmed customer market. They do not need to leave their current incubators or relocate to Ithaca, NY to participate as the majority of programming will be hosted virtually, but we will introduce them to opportunities within upstate New York's entrepreneurship ecosystem. The program is free and takes no equity—it is funded by the Economic Development Association.

Startups can learn more and apply here:  
NYU Urban Future Labs Startup raises $16M Series B

Sealed, a startup that helps homeowners overcome cost barriers to efficiency upgrades and electrification, just raised $16 million to fuel its expansion into more states.
Why it matters: Many important climate tools rely on the far wider deployment of well-known methods and concepts — in this case upgrading homes to waste less energy.
Homes account for an estimated 20% of U.S. carbon emissions, and they can be lowered by addressing leaks and installing modern equipment.

On the Future Fountain: A bright new workplace 
There’s a new new normal in the offing. As the workforce prepares for a grand migration back to the office, how do we build a better workplace than the one we left behind? In the latest episode of The Future Fountain, our NYU Tandon Future Labs podcast with Orrick, Dr Anne-Laure Fayard of NYU Tandon offers the science of (and practical tips for) transitioning into an innovative, collaborative workplace. TUNE IN
JLABS @ NYC 3rd Anniversary Milestones: Growing the Greater New York Life Science Community

JLABS @ NYC by the Numbers
  • $1.3B in financing and strategic relationships (including deals with The Johnson & Johnson Family of Companies)
  • 40% serial entrepreneurs and 60% first-time entrepreneurs
  • 50% female-led companies
  • 40% minority-led companies
  • More than 340 jobs created since 2018

Clarkson University and Ichor Therapeutics Partner to Establish Biotechnology Cluster in North Country

Ichor Therapeutics, Inc. has expanded to the North Country Incubator at Clarkson University as an anchor tenant to establish a biotechnology cluster in Potsdam, NY. 
Ichor studies fundamental mechanisms of aging to develop new classes of drugs dedicated to helping people live longer, healthier lives. CEO and Founder Dr. Kelsey Moody, a native of the North Country, said he recognizes the unique opportunities for industry and academic collaborations and the entrepreneurial spirit of Clarkson.

Long Island Food Businesses Cook Up A Storm at Incubator in Calverton

 While restaurants often faced a financial famine through much of the pandemic, Stony Brook University’s business incubator in Calverton is, if not in the midst of a feast, as busy as ever. Shared kitchens have cropped up across Long Island, giving culinary entrepreneurs a place to work, including this kind of culinary central.

Unique Electric Solutions (UES) Partners With the Clean Energy Business Incubator Program (CEBIP) to Develop EV Energy Storage System Assembly in New York

 Seeking to bring manufacturing of energy storage systems (ESS) used in its electric propulsion solutions for commercial vehicles in house, Unique Electric Solutions (UES) has partnered with the Clean Energy Business Incubator Program (CEBIP), a program of the Long Island High Technology Incubator (LIHTI) located at Stony Brook University, to establish laser welding manufacturing production capability. The partnership will focus on rapid, high quality assembly of production complete high voltage battery packs and ultra-capacitor modules used within the Energy Storage Systems of medium and heavy duty all-electric and hybrid trucks and buses.

House committee backs new manufacturing office, increases for FAST and clusters

The House Committee on Appropriations advanced its first FY 2022 funding bills this week. Included in the financial services bill was $10 million for each of the U.S. Small Business Administration’s three main innovation programs: Regional Innovation Clusters, Federal and State Technology Partnership (FAST), and Growth Accelerators Fund Competition. The bill also includes language supporting a new White House Office of Manufacturing and Industrial Innovation to coordinate cross-agency policy and programs. 

Among SSTI’s Innovation Advocacy Council’s top legislative priorities are increased funding for the Regional Innovation Clusters and FAST programs, and the House’s proposed funding levels would be increases of $4 million and $6 million, respectively, above FY 2021. The amounts also match the White House’s budget proposal from earlier this year. Read more 

Innovation through Law: 
Commercialization Services
August 3rd
3:00 – 4:00 p.m.

Presenters: M. Jack Rudnick, Dominick Danna, David Eilers, Brian Gerling, Molly Zimmermann

Register in advance for this VIRTUAL meeting:

nextcorps embark launched applications for its first cohort

You don’t need to know how to code to launch a software startup. 
You don’t even need to have an idea or quit your day job!

Now accepting applications for our inaugural cohort. Apply by August 20.

The KKR Small Business Builder Grant
The grant will provide $10,000 grants to selected small businesses with 5-50 employees and less than $7M annual revenues, with an emphasis on companies that are pivoting in response to the pandemic, are operated by historically underrepresented groups and/or are providing important community services. Recipients will also receive technical support and access to a network of resources.

The Stacy’s Rise Project I
is offering $10,000 grants to 10 entrepreneurs. Applicants must have between $25,000 and $1M in annualized sales, participate in the virtual Mentorship Program and should not be part of an accelerator program at the time of entry. Applications are open through July 9.

WomensNet Amber Grant

WomensNet gives away at least $10,000 every month in Amber Grant money. They’ve now added an Annual $25,000 Amber Grant as well as marketing and $2000 mini grants. See the full list here.
Job Opportunities in Incubation and Eco Dev
RIT Venture Creations Incubator is looking to hire for two positions, click on the links below to learn more about these exciting positions:

SBA Hiring in New York
Outreach and Marketing Specialist, GS-1101-12 (FPL GS-12). Office of Field Operations, New York Regional. The incumbent may be duty stationed at the Upstate District Office located in Syracuse, New York or in Albany, New York. The posting is open to the Public. The Outreach and Marketing Specialist will perform a broad range of duties to promote, develop, and maintain interest, understanding, and support of Small Business Administration (SBA) programs and services. In addition, the candidate will serve as District Public Information Officer, leveraging media opportunities and enhancing relationships with the press. This is a full time, permanent position. See the link for a complete list of duties, requirements and salary.

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