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. article here
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. article here
START-UP NY companies across the state received shocking news this past month, by following the Executive Order to allow non-essential employees to work from home to limit the spread of COVID they unwittingly failed to meet the requirements of the START-UP NY law which requires their employees to report to their designated work location. Therefore their employees and the company itself will lose the tax benefits prescribed in the program.
The SPICE Group has been a global network of entrepreneurship professionals since 1991, providing concise insights into the development of entrepreneurial ecosystems across all continents. SPICE_Update_132
New York State Incubator Report December 2020
AU-CACT Partnership Supports New Company Launch at IncubatorWorks
In support of Governor Andrew Cuomo's high-tech vision of making New York a leader in advanced materials and manufacturing processes, Alfred University and its Center for Ceramic Technology Excellence (CACT) are supporting the launch of a new business that will commercialize a new additive manufacturing system for the terracotta industry
Launch: CEBIP Graduates of the first clean energy company enters the market
The Clean Energy Business Incubator Program (CEBIP) at Stony Brook University has brought its first seed company client to market, demonstrating that a company inspired by idea and technology can create its application prototype and business plan under the guidance of CEBIP. up to commercialization. ThermoLift, Inc. currently manufactures a heating and cooling heat pump system for heating, ventilation and air conditioning (HVAC) that can save up to 50 percent of normal energy costs.
How New York plans to attract investment in its ambitious climate initiatives
As New York is the world's most frequent issuer of CBI-certified bonds (over 20 issues and sold $ 2 billion green bonds), the US Green Bond Review is launching its first edition from the perspective of Doreen Harris, Acting CEO and President of New Management.York State Energy and Research (NYSERDA).