July 2022 - NYS Incubator Report |
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SBIR/STTR re-authorization in limbo in Congress |
This is something that BIANYS is following very carefully on behalf of our members. We have been hearing from a number of members who are concerned that their portfolio companies will lose access to the essential early-stage funding that these programs provide. The funding for SBIR and STTR is set to run out in September. It will be a top priority for BIANYS to ensure the funding remains in place and that our members are engaged in the discussion in Washington on how to improve the program.
Our legislative affairs committee will be meeting on July 27th at 10am to discuss this issue along with issues surrounding the new normal/the future of work and the need to discuss changes to the StartUP NY program requirements. If you have interested in joining our Legislative Affairs Committee and give input on these two topics, email me at marc.alessi@bianys.com. Thank you.
Marc Alessi
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BIANYS Director Marc Alessi joins Nick Cannon for National Cannon Foundation
Teen Mogul Competition at
Queens High School
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The competition was designed to expose youths between the ages of 12 and 19 to global career and entrepreneurship opportunities available in middle-skill job sectors.
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BIANYS Annual Meeting in NYC
Save the Dates!
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Please save the dates
BIANYS'Annual Meeting September 12th -14th
New York City
If you are interested in joining the host committee for the annual meeting, please email me or Madonna. marc.alessi@bianys.com or madonna@bianys.com
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Director of Koffman Southern Tier Incubator and Binghamton Incubator Program |
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The Director will lead the Koffman Southern Tier Incubator as well as the Binghamton Incubator Program which includes additional facilities at the Start-Up Suite Pre-Incubator at the ITC on the Binghamton University research campus. The mission of the Koffman and BiP is to spur economic resurgence in Greater Binghamton and throughout the Southern Tier. |
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Stony Brook CEWIT Incubator |
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Record-Breaking Number of SBU Students Receive Fulbright Scholarships
14 SBU students have been recognized by the prestigious Fulbright Student Program, a highly competitive scholarship opportunity providing funding for US students.
The program provides grants for international research and teaching, to foster global partnership and cultural exchange in more than 140 countries overseas.
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SBU's SoMAS Fieldwork Leads to Global “Hope Spot” Designation
Shinnecock Bay is being named a new “Hope Spot” by Mission Blue, an international organization that supports the protection of oceans worldwide.
The distinction is the result of a decade of restorative and scientific work through Stony Brook University's School of Marine and Atmospheric Sciences (SoMAS).
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Stony Brook CEBIP Incubator |
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First Ammonia-Powered, Zero-Emissions Tractor Revealed
Amogy Inc., a company at the Advanced Energy Center in Stony Brook’s Research & Development Park, recently demonstrated the first-ever ammonia-powered, zero-emissions tractor.
The vehicle maintains the functionality and duration requirements that operators rely on to support farming tasks, which has never been offered with other alternative energy solutions.
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Farmer's Markets Provide Customer Validation,Value to Fledgling Businesses
Prior to getting involved with the Calverton Incubator, Director David Hamilton "never realized how important farmer’s markets were to the fledgling businesses you meet there. Now I really get it."
The markets are part of a critical and thriving economic ecosystem. They provide market research and communication with customers, and potentially a fanbase that can move products into established stores.
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TECH FARM is Designated
NYS-Certified Incubator
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TECH FARM
Cornell Ag & Food Tech Park
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Cathy Young
Center of Excellence Director
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The Cornell Agriculture and Food Technology Park, or Tech Farm, as it is often called, is now a New York state-certified Business Incubator — and one of only 20 statewide.
Tech Farm said the designation will lead to “additional resources for current and future tenants and drive economic growth and job creation in the food and agriculture industries in Geneva and beyond.”
Tech Farm was able to achieve incubator status through support from the College of Agriculture and Life Sciences, Cornell Food Venture Center, Center of Excellence for Food and Agriculture, Center for Regional Economic Advancement, the city of Geneva and the Ontario County Office of Economic Development.
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Ichor Life Sciences' LENTO BIO Launches Company
Lento Bio Inc., a preclinical pharmaceutical company, will initially focus on developing pharmaceutical eyedrops to treat a common vision disorder, presbyopia, or age-related farsightedness.
Lento Bio will be supported and incubated by Ichor Life Sciences, a preclinical contract research organization, at Clarkson University’s Peyton Hall Biotechnology Incubator. Lento Bio is the first startup company to join Ichor in establishing a North Country biotechnology cluster.
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Launch NY Marks Ten- Year Anniversary and Hosts Founders & Investors Series
In the wake of the recent devastating event in Buffalo, we are more committed than ever to strengthening our community and carrying on the mission we started 10 years ago. Since 2012, Launch NY has provided mentorship to 1,369 startup founders, of which 42% have been women and/or BIPOC.
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#InvestLocal
in Underrepresented Founders - in Launch's Next Round of Deals
Black and women founders together receive less than 3% of the venture capital deployed in the United States annually, but Launch NY is seeking to buck that trend by featuring its underrepresented founder-led portfolio companies on a special round of featured deals on its Investor Network.
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Griffiss Launches First Cohort of HUSTLE Defense Accelerator |
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Heather Hage
GI President & CEO
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Griffiss Institute President & CEO Heather Hage recently announced the launch of the first-ever cohort of the HUSTLE Defense Accelerator. The program is an elite, immersive 12-week training academy for seed-stage startups developing AI, machine learning, cybersecurity, quantum science, and unmanned aircraft system solutions.
“The Griffiss Institute is incredibly excited to host these innovative startup leaders at the Innovare Advancement Center and provide them access to all of the amazing talent and technology resources we offer,” said Hage. “Creating the HUSTLE Defense Accelerator was a natural next step forward in our commitment to elevate the next generation of STEM students, professionals, and technologies. I’m confident one of these teams will emerge as the next big idea for national security.”
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EVENTS & FUNDING OPPORTUNITIES |
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43North Placing Bigger Bets on Seed-Stage Startups
with FIVE $1M Investments
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As Buffalo, New York gains recognition as one of the fastest-growing startup hubs in the U.S., and on the heels of a transformational year, 43North is on the hunt for its eighth cohort. With the first IPO in 2021 by 43North portfolio company and unicorn, ACV Auctions, and an active cohort in residence at its headquarters, 43North has now opened applications for 2022!
This year, the accelerator program will select five companies and is increasing their check sizes to make $1 million investments. Previous years saw varying investment amounts with only one $1M dollar opportunity. The organization says the decision to make the shift came in response to a changing funding environment. “Venture capital looks a lot different than it did when we launched in 2014,” said Colleen E. Heidinger, president of 43North. “We took time to evaluate our offering and feel that this move, coupled with the value of our programming, ensures that we’ll remain competitive and continue to attract the top startups to our region.”
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Upcoming I-Corps Opportunities |
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Join Kirk Macolini, President of InteliSpark, LLC for this virtual workshop providing insight into the SBIR and STTR application process and how to find other non-dilutive funding sources.
After registering, participants will receive access to the SBIR/STTR video series, a set of short videos containing valuable background information, which they are encouraged to review prior to the workshop. The event is free and open to the public.
Workshop: Thursday, July 11
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U of Vermont (Aug 8 - Sept 8) & Cornell U (Sept 2 - Oct 5)
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In the 4.5 week virtual I-Corps regional courses, researchers working on a deep tech innovation will have the opportunity to “get out of their comfort zone” and talk with customers (virtually) to identify the best product-market fit. Applicants may apply with a team of 1-3 people.
Upcoming I-Corps regional courses and their application deadlines include:
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Ongoing | Coffee with Sally
Are you passionate about scientific innovation and creating impact for consumers & patients?
Do you have a rockstar team? Is your science meeting an unmet market need?
If so, our Interim Head, Sally Allain, want to hear from you! Apply to meet for a virtual coffee!
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Due July 8- Maternal-Fetal Immune Disorders QuickFire Challenge: Innovating for Health Equity
J&J Innovation, with the Office of the CMO (OCMO) Health of Women team and Janssen R&D, US-based innovators are invited to submit data-driven research methodologies, tools, technologies to better understand immune-mediated diseases of pregnancy impacting historically marginalized communities.
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Due July 15 | Seoul Innovation QuickFire Challenge: Scientific Advancements of Tomorrow
J&J Innovation and Janssen Korea Ltd., in collaboration with Seoul Metropolitan Government (“SMG”) and Korea Health Industry Development Institute (“KHIDI”), continue the Seoul Innovation QuickFire Challenge series with a call for potentially groundbreaking ideas or technologies that aim to enhance scientific progress across a range of focus areas.
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Due July 22 | BLUE KNIGHT™ QuickFire Challenge: Next Gen Preparedness Solutions
Johnson & Johnson Innovation, together with BARDA, are proud to launch the BLUE KNIGHT™ QuickFire Challenge: Next-Generation Preparedness Solutions. Innovators from across the globe are invited to submit potentially ground-breaking ideas or technologies that aim to enhance preparedness towards future known and unknown infectious disease threats.
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CALL FOR ABSTRACTS
FALL ENERGY STORAGE TECHNOLOGY & INNOVATION CONFERENCE
Submission Deadline: Monday, July 11th, 2022
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Conference Overview:
This annual event brings together leading minds in energy storage technology and innovation for a stimulating one-day conference on the latest groundbreaking work and technological advances in the rapidly growing field of energy storage technology, including:
- advancements in storage technologies and applications
- new market use cases
- advancements in product development
- commercialization, manufacturing, and supply chain development
Abstract Submission:
We invite innovators and leaders in energy storage to submit your ideas for interesting and engaging presentations. Please review speaker instructions before submitting your materials.
Submission Deadline: Monday, July 11th, 2022
Potential conference topics for NY-BEST’s Annual Fall Technology Conference:
- Advancements in Battery Chemistries and Technologies
- Battery Management Systems and Safety
- New Developments in Non-Battery Energy Storage Technology
- Clean Hydrogen Technologies and Applications
- Long Duration Storage Technologies and Applications
- Advancements in the Electrification of Vehicles and Transportation
- Innovative Applications in Grid Energy Storage
- Vehicle-grid interactions and V2G
- Integrating high levels of distributed solar/renewables
- Increasing hosting capacity of renewable and load management
- Energy Storage Product Development and Commercialization
- Advances in Energy Storage Supply Chain and Manufacturing
- Energy Storage and Renewable Energy Hybrid Systems
- Innovative startup companies
- Cutting Edge Energy Storage Research
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OR Submit your own idea!
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Are you looking for networking opportunities in the Upstate NY area? Here are events where you can connect with active investors, industry professionals, and sector-specific innovators |
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UC partners with NYSTAR, GENIUS NY and the Innovare Advancement Center to host this event highlighting AI, machine learning, drones and un-crewed systems in NY. Event brings together members from established air and space companies, investors, dealmakers, entrepreneurs and startups in Rome, NY.
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Saratoga Forum is an exclusive invite-only event for the Upstate Capital Board of Directors and annual sponsors.
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The Private Equity and M&A deal-making community will come together for Upstate Capital’s annual Buffalo Private Equity Summit. More than 100 investors, deal-makers, and advisors from New York and surrounding regions will speak about the latest activity across New York and beyond.
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Global IP Strategy for US Based, Small Life-Science Companies
August 11, 2022
3:00 – 4:00 p.m. EST
Team will discuss current best-practices for obtaining world-wide patent protection, while keeping control of the patent costs. Additional IP protection will also be touched upon.
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The Intersection Between Biotech IoT and Cybersecurity
August 25, 2022
3:00 – 4:00 p.m. EST
James A. Long, Esq., Managing Partner,
Long Law
Intro to the risks and pitfalls that may be faced by a biotech startup: hacking into IoT devices, proliferation of biometric laws and regulations across the country.
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Applications Now Being Accepted to APEX > No-Cost Incubator Program for Veterans and Military Spouses |
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APPLY by July 13, 2022
Program Timeline: Sept 2022 — June 2023
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Veterans Future Lab is an incubator dedicated to ventures led by veterans and military spouses. Its 9-month, no-cost Apex program provides mentorship, support, and resources needed to start and grow high-impact companies.
We accept companies across a wide range of industries. We look for strong product-market fit, a demonstrated commitment to the venture, and the expertise of the founding team as related to the mission. We make sure our team and resources can be of use to the company.
Don’t miss this opportunity! — Apply by July 13rd
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Startup Mentor Founder of New Pre-Seed Investment Fund |
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Heidi Knoblauch
Entrepreneur in Residence
& Founder of Fund
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There’s a new fund and program based at UAlbany meant to help early startups become more attractive to potential investors.
The program by Innovate 518 can provide non-dilutive pre-seed funding up to $50,000. To start, the pilot program has a total of $150,000 to invest.
Innovate 518 is a state-funded program that connects 24 member organizations focused on fostering entrepreneurial efforts.
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Sunmoon Jang
Executive Director
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Communitas America Hosts Pitch Night at CUNY Advanced Science Research Center
Communitas America recently hosted a night of supporting and celebrating New York City's BIPOC social entrepreneurs.
According to CA Director Sunmoon Jang, "The Communitas Ventures Accelerator Pitch Night is an evening of celebration of our alumni, community partners, supporters, and our current cohort of entrepreneurs. An innovative group of BIPOC-led startups across sectors pitched for the $10K Communitas Ventures Award."
The evening featured social entrepreneurs of Communitas Ventures Accelerator Cohort 8, who are "building solutions for a more equitable world and tacking issues from agriculture representation to the literary gap."
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Latest News About Business Incubators and Accelerators From Across NYS
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