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

BIANYS' 2018 Annual Meeting Date June 18th and 19th
Rochester, New York

at the new Nextcorps Incubator at Sibley Square.

Senator Marty Golden introduces legislation to fix the hotspot incubator program:

The highly successful hotspot incubator program has had a handful of unintended consequences once it was implemented, primarily the manner in which Empire State Development staff determined the original legislation had to be interpreted in dealing with Certified Incubators in New York State that initiated a hotspot program for their region. It was determined the companies within those Certified Incubators could not participate in the program, which was unintended and unworkable. BIANYS has worked with ESD, the Governor's Office, Senator Marty Golden's Office and Assemblyman Robin Schimminger's office to remedy this issue along with some cleanup language for the legislation.

It seems that we have reached a consensus and this past month Senator Marty Golden has put that consensus in bill form. Assemblyman Schimminger's office has suggested a willingness to introduce a same as version of this bill as well. So for those members and companies that have been negatively impacted, we can use your help in advocating for the passage of this legislation. Email to get more info on how to help.

Do Tech Incubators Work? NYU Tandon Future Labs Answer: 3,200 Jobs and $4 Billion for New York

NYU Tandon School of Engineering's Future Labs – a network of startup business hubs that includes the Data , Urban , Digital , and recently launched Veterans Future Lab – today reported an estimated economic impact on New York City's economy of $4.06 billion since launching in 2009 as the first incubators with city support through the New York City Economic Development Corporation (NYCEDC). 

NextCorps, formerly High Tech Rochester, opens offices in renovated Sibley Building

In a much anticipated move, Nextcorps has moved from the Lennox Tech Enterprise Center in Henrietta, NY to newley renovated space in he SIbley Building in downtown Rochester, a historic building and former turn of the century shopping mall.


The 2017 Upstate Venture CEO Survey shows that scalable firms across Upstate NY are:
  • Diverse in age, size and industry,
  • Pay their employees more than Upstate norms,
  • Hire a large number of college graduates; and
Need investment capital to achieve their growth plans. 

9th Annual Kaufmann Foundation Report on Entrepreneurship

Entrepreneurs throughout the United States are optimistic about the future of their own business but that confidence fades when asked about the national economy. An overwhelming majority feel that government incentives favor large corporations over dynamic startups and that policymakers should do more to promote a business-friendly environment.
Those findings came from a survey released as part of the Ewing Marion Kauffman Foundation’s ninth annual State of Entrepreneurship Address in Washington, D.C., yesterday.

Hofstra University Center for Entrepreneurship , which is bringing a little Silicon Valley to Hempstead.

The center is generating a little Silicon Valley vibe at home with the naming of its first-ever fellow: Robert Pollak, general partner of SV Angel , a San Francisco-based seed fund focused on Internet, e-commerce and IT startups.

NYU Tandon Urban Future Lab Announces Winners of the Urban Future Competition Prize

Winners collectively receive more than $150,000 in competition sponsored by BP Ventures, The NY Community Trust, and NYSERDA 

BioInc welcomes new Executive Director

BioInc, an incubator located on the campus of New York Medical College has announced the hiring of Deborah Novick as their Director. BioInc is located in Westchester County in the heart of the Biohud Valley Cluster.

New CADE Executive Director to Lead Organization into Next Phase of Growth

ONEONTA, NY -- The Center for Agricultural Development and Entrepreneurship (CADE) is pleased to welcome a new Executive Director, Phoebe Schreiner, who will lead the organization into its next phase of growth by building on its 26-year legacy as a key agricultural capacity builder in the region.

RIT Venture Creations graduate receives major investment from Empire State Development

Token, created by two RIT alumni, will get up to $1.75 million from New York state

Trek purchased by Advanced Energy
Global network pledges to invest, expand manufacturing company. 

A multimillion dollar, international technology company has purchased Trek, Inc. in a move that is expected to bring significant investment and dozens of new jobs to the company’s headquarters and manufacturing base in Harrison Place.

NYIT Entrepreneur and Education Series

Bootstrapping your Business: How to turn your Great Business Idea into a Reality- Best Practices on leveraging your employees and vendors for growth

March 26th 5:30 to 7:30 pm

Tech Valley Center of Gravity hosts forum on The Business of Digital Games

March 7th from 1-7 pm

It is a jam packed day with expert speakers, and Andrew Kennedy the President of the Center for Economic Growth in Albany will release the results of the inaugural survey of the gaming cluster in the capital region.

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

Mar 14, 2018 8:00 am - Mar 15, 2018 3:00 pm
NY-BEST’s Capture the Energy Annual Meeting and Conference is one of the premier energy storage events in the United States.


Presentation on mezzanine space opportunities at the Enterprise Park at Calverton where SUNY Stony Brook's Calverton Incubator is located.

Craig Morris, Managing Attorney for Trademark Outreach, United States Patent and Trademark Office (USPTO)
Wednesday, March 28, 2018, 3:00 – 4:30 p.m.
at CNY Biotech Accelerator, 841 E. Fayette St., Syracuse, NY
Craig Morris works within the Office of the Commissioner for Trademarks in the United States Patent and Trademark Office (USPTO), Alexandria, Virginia. Currently, he is the Managing Attorney for Trademark Educational Outreach, spearheading the effort for increased USPTO educational activities in the area of trademark fundamentals.  
Free Program/RSVP by Monday, March 26 to
Refreshments will be provided.
Free parking is available in the CNYBAC parking lot located directly behind CNYBAC and is accessed at the Irving Ave and E. Fayette St. intersection.

The February 2018 NYC and US Venture Capital and Early Stage Funding Report

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