the latest news about Business Incubators and Accelerators from across New York State...
May 2019 NYS Incubator Report
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Upstate VC Firm raises another $31M to invest in Upstate Companies

Upstate New York just got a little greener.  Armory Square Ventures  just raised a second fund of $31 million to invest in cities and towns in upstate New York,  according to an SEC filing Wednesday . The firm, which now manages $50 million in capital between its two funds, will continue to focus investment efforts in Ithaca, Syracuse, Rochester and Buffalo.

BIANYS Executive Director Marc Alessi had an opportunity to sit down with Innovate LI for a Q and A debrief.

Arguably the hardest-working man in Long Island innovation, former New York State Assemblyman Marc Alessi enjoys a singular socioeconomic viewpoint. The entrepreneur and  champion of 5G connectivity  has had a productive year as both executive director of the  Business Incubator Association of New York State and executive director of Shoreham’s  Tesla Science Center at Wardenclyffe , all while leading his 2014 advanced-scanning startup  SynchroPET  to the edge of commercialization and chairing Campolo, Middleton & McCormick’s  Economic Development Practice Group . The innovation buffet keeps the forward-thinker on the front lines – but his marquee moment may be 2018’s “Goosebumps 2: Haunted Halloween,” a big-screen sequel featuring characters based on the Alessi family. The father, fundraiser and industrious innovator takes a breath to share his unique perspectives:  

Pre-BIANYS Annual Meeting event...

Opportunity Zone Panel

Central NY Biotechnology Accelerator (CNYBAC) and Center State CEO are sponsoring a free Opportunity Zone Panel Discussion to precede the BIANYS Annual Meeting, featuring legal, government, economic business development, finance and tax experts who will discuss Opportunity Zone impact to investment and business development.

June 10th at 10am

Upstate Venture Connects annual CEO Survey is Released

More employees, higher average pay, and more aggressive hiring plans. That's what the fastest growing companies in Upstate NY are achieving. Over 170 CEOs across our region completed the  2018-19 Upstate CEO Survey .  We're now revealing the details, along with recommendations for Upstate's academic, public, and private sector leaders. Will you take on the challenge? It starts with a quick read. 

Apply Now for Fall I-Corps Teams!

The National Science Foundation recently announced three new I-Corps Teams cohort dates in October-December. Top researchers from across the US apply to I-Corps Teams, an intensive seven-week innovation and entrepreneurship training course with mentoring and up to $50,000 in NSF funding.  See the dates.  If you are interested in applying, reach out to  Shannon Sullivan.

Welcome the newest BIANYS member- Syracuse COE

Excellence in Environmental and Energy Systems Innovations
From Lab to Market: SyracuseCoE catalyzes research, development and demonstrations to accelerate innovations for clean energy, healthy buildings and resilient communities.

Governor Cuomo Announces $2B IBM Investment to Create Artificial Intelligence Hardware Center at SUNY Poly Albany Campus

Governor Andrew M. Cuomo today announced that IBM, a long-time anchor tenant at the SUNY Polytechnic Institute campus in Albany, plans to invest over $2 billion to grow its high-tech footprint at the campus and throughout New York State. This includes the establishment of an " AI Hardware Center " at SUNY Poly for artificial intelligence-focused computer chip research, development, prototyping, testing and simulation. Once established, the AI Hardware Center will be the nucleus of a new ecosystem of research and commercial partners, and further solidify the Capital Region's position as "Tech Valley" - a global hub for innovative research and development.  

Light and Sound Interactive Conference

LSI is the premier event for light and sound-based technologies in the emerging fields of cinema, music, gaming and interactive media, optics, photonics, imaging and, virtual and augmented reality. Scheduled speakers include representatives from from well-known companies including Facebook, Microsoft, the National Center for Manufacturing Sciences, and The Air Force Research Laboratory, as well as demonstrations from Amazon, Bose, and Harmon to name a few. The event will take place in Rochester June 25-27. Register Here .

NYPA Innovation Challenge

The Urban Future Lab (UFL) at New York University’s Tandon School of Engineering is launching an innovative partnership with the New York Power Authority (NYPA) to recruit start-up businesses interested in pursuing pilot projects focused on electric vehicle (EV) and energy storage technology.

CNY Biotech Accelerator, SUNY Upstate Medical University
Medical Device Innovation Challenge -
Accepting Applications January 1 - May 31

MDIC is a 6-month program providing intensive mentorship to early stage biotech startup companies and is complemented by the Syracuse Innovation Connectors Funding Roadmap, the CNYBAC Concept to Commercialization Boot Camp, held in October, and the NEXT Innovation Conference hosted by The Innovation Law Center Syracuse University (SU) College of Law, The Center for Advanced Systems and Engineering at Syracuse University, CNY biotech Accelerator and TDO which is held in November ( ). 

$1M Business Plan Competition for the Southern Tier opens application period for cleantech companies.

76West is an unparalleled competition sponsored by NYSERDA focused on growing entrepreneurs and attracting resources from the U.S. and around the world to build clean energy businesses and jobs in New York State’s Southern Tier region. The competition offers $20 million in prize money and support services, including a $1 million top prize.

Manufacturing Grant Applications Open

The Manufacturing Grants are designed to encourage collaboration between companies and non-profit organizations in New York State that work with the manufacturing industry. 

Grant Rounds for 2019
Round 1 
Opens: February 1 | Deadline: February 28 | Awards Selected: April 

Round 2 
Opens: May 1 | Deadline: May 31 | Awards Selected: July 

Upcoming Events
BIANYS Launched its Education Program for Incubator Managers and Staff at this year's New York State Business Plan Competition

BIANYS is offering its first course Incubator Operations 101, the first part in a series of courses intended to help train the industry's staff within New York State..

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