October 2022 - NYS Incubator Report
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Google Teams up with CUNY
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Google bets on CUNY program to diversify city’s tech talent pool with the NYC Tech Opportunity Fund.
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Google is setting up the NYC Tech opportunity fund with $4 million in grants going towards computer science education and teacher training.
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Tech Incubator and Training Center Announced for Zero Irving
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One of New York City's largest tech incubators will soon debut at Zero Irving, a new 21-story property at 124 East 14th Street in Union Square. The facility will occupy six full floors and debut as Civic Hall @ Union Square.
Facilities will include a digital workforce training center with 25 state-of-the-art classrooms, collaborative community space, a technology start-up incubator, and a conference and events center.
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BIANYS Featured Webinar
in partnership with:
UBI Global
The World Benchmark Study 2021-2022
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On October 5th BIANYS hosted an informational webinar about The World Benchmark Study 2021-2022 from UBI Global. The World Benchmark Study, now in its sixth edition, outlines the outcomes including the World Benchmark Report, World Rankings and Recognitions, the World Incubation Summit and the individual results, dashboard, and data so valuable to the world’s business incubators and accelerators.
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BIANYS Featured Webinar
in partnership with:
TheCapitalNet
Effective Incubation Management and Scaling
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Director of Koffman Southern Tier Incubator and Binghamton Incubator Program
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NYC Angel VC Pitching
Wednesday November 3, 2022
Startupalooza is a business intermediary firm that hosts capital-raising workshops and pitch events for startups of all levels to meet investors and other entrepreneurs.
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Opening: Queens Tech Incubator
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The Queens Chamber of Commerce and the Queens Tech Council anare seeking applications from tech companies who are interested in office space as part of the Queen Tech Incubator. The Queens Tech Incubator will launch with space at the Greater Nexus in Jamaica, a recently opened 10,000 sq. ft. co-working space managed by the Greater Jamaica Development Corporation. There are plans to open incubators in the Rockaways, Forest Hills, Long Island City and Flushing in the coming months.
Applications to the Queens Tech Incubator will be reviewed and selected by members of the Queens Tech Council. Companies chosen will have access to complimentary office space, mentorship opportunities from existing Tech Council members as well as resources provided by the Small Business Resource Network (SBRN).
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Jeff Fuchsberg hired by Syracuse University to lead CASE
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The Center for Advanced Systems and Engineering (CASE) at Syracuse University has announced the hiring of Jeff Fuchsberg as director. In this role, Fuchsberg will contribute to the center’s strategic plan, oversee the implementation of goals and provide leadership and management of CASE’s day-to-day operations.
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Business Owners Need Help After Stony Brook Incubator Oven Explosion
The explosion took place at the Stony Brook Incubator in Calverton. According to those raising funds, 70 businesses lost $600K — so far.
Stony Brook University, as well as Suffolk County government and state officials and the SCAC are working together to get the site reopened and also find temporary locations for the producers to resume their operations, the page said.
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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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Tom Grech is building on the entrepreneurial spirit Amazon once saw in Queens
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Tom Grech
President and CEO
Queens Chamber of Commerce
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Tom Grech spoke with Crain's about what he's learned over his long career as an executive, why Amazon first fell in love with Queens, and why it left.
Queens Chamber of Commerce is the oldest and largest business association in Queens. They are proud to represent over 1,300 companies with over 125,000 Queens-based employees.
They are committed to helping rebuild our local economy from the devastation of the pandemic, one business at a time. With a dedicated staff that speaks eight different languages, a dozen member committees and hundreds of events each year, the Queens Chamber can help your company grow and thrive.
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EVENTS & FUNDING OPPORTUNITIES
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NYSTAR and FuzeHub invites you to join us for the New York State Innovation Summit on October 25-26, 2022 at the Buffalo Niagara Convention Center. This multi-day event for NYS organizations that want to showcase and discover new and emerging technologies that support innovation and drive business growth.
The event serves as an opportunity to foster collaboration; introduce industry to experts that can assist growth, strengthen our statewide innovation ecosystem and showcase promising early stage companies. Whether you’re a startup, an economic developer, or an established manufacturer, the NYS Innovation Summit is for you.
The 2022 New York State Innovation Summit will showcase companies and researchers at the forefront of emerging technologies and new advancements in production capabilities. This event celebrates New York State leadership in technology-led economic growth with experts in biotechnology, new materials, energy innovation, and artificial intelligence that will explore current technology convergence opportunities, ways to accelerate commercialization, and issues of manufacturing sustainability.
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Save the date!
October 26, 2022 • 4:00 pm
Hyatt Regency Buffalo
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The Shipley Center for Innovation will host their 2nd annual Clarkson University Technology Showcase and Competition in Buffalo on October 26th.
This event will highlight leading Clarkson faculty, student, and alumni startup companies, as well as many promising technologies that will soon enter the commercialization pipeline. More than $75,000 in funding will be awarded to help accelerate the important work of these startups and researchers. Hors d’oeuvres, open bar, and outstanding networking included!
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Join MedTech's annual award dinner the evening of Tuesday, November 1st, followed by a day of educational content, roundtable discussions and networking opportunities on Wednesday, November 2nd.
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National
Science Foundation
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NSF expands the National Innovation Network with five new I-Corps Hubs
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The U.S. National Science Foundation today announced the addition of five new NSF Innovation Corps (I-Corps™) Hubs that will scale the NSF-led National Innovation Network, accelerating the translation of discoveries into new solutions that benefit society. Each I-Corps Hub is funded for up to $3 million per year for five years and comprises a regional alliance of at least eight universities. The first five I-Corps Hubs were awarded in 2021, with each Hub expanding its reach this year by adding a new partner institution to their region.
I-Corps Hubs provide experiential entrepreneurial training to academic researchers across all fields of science and engineering. I-Corps Hubs form the operational backbone of the National Innovation Network — a network of universities, NSF-funded researchers, local and regional entrepreneurial communities and other federal agencies — that help researchers translate fundamental research results to the marketplace. The I-Corps Hubs work collaboratively to build and sustain a diverse and inclusive innovation ecosystem throughout the U.S.
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Governor Hochul Announces $8.5 Million to Support Companies Commercializing New Climate Technologies
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The New Program is to Provide Resources for Entrepreneurs Scaling Building, Transportation, Electric Grid and Industrial Products and Services
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Communitas America announces winners of accelerator program!
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Hydronomy, a “hardware solution” that works on the issues of water scarcity and security and Flor’s Flavor, which promotes diversity in the health world.
This was Communitas Ventures’ first all-women cohort, titled the Women’s Founder Cohort, and fifth cohort overall. All of the accelerator programs follow Communitas’ mission-driven approach, intentionally providing access and resources for women and people of color to ensure inclusivity and true representation of the Bronx.
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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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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
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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Join us to explore climate tech innovation and investments that will decarbonize the economy. Invest NY: Climate Tech is presented by NYSERDA and NYSTAR. Meet startups, founders and investors on October 19 at the University of Albany.
The event includes:
- Startup Showcase with the latest in tech from New York.
- Conversation with corporate venture capital investors to discuss the challenges and opportunities in innovation. (not confirmed)
- Quality networking with investors and industry experts
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CNYBAC Concept to Commercialization Virtual Series Presentation:
What Does The Math Look Like?
November 3, 3:00 – 4:00 p.m. EST
Josh Hoffman, CPA & Dave Veniskey, CPA, AEP
EFPR Group, LLP
There are numerous facets of finance that need to be addressed in launching a new business enterprise. The subject matter experts will provide a general outline of the following topics:
- Choice of entity structure
- Who will own and is there anything I should know
- The importance of getting it right early
- How do I raise finances and from where
- How do I track and record business activity
- The importance of financial projections
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Applications Now Being Accepted to APEX > No-Cost Incubator Program for Veterans and Military Spouses
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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.
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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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Latest News About Business Incubators and Accelerators From Across NYS
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