Division of Science, Technology and Innovation (NYSTAR)
State Certified Business Incubator and Innovation
Through a competitive process, NYSTAR has designated ten Innovation Hot Spots-one for each of New York's economic development regions-and nineteen Certified Business Incubators, which receive funding to expand services and reach a greater number of early stage companies.
Support at individual designees may vary but generally include: physical space; shared administrative staff; access to capital; coaching; mentoring; networking connections; prototype development; and access to other technical services. In addition, Innovation Hot Spots are charged with coordinating regional entrepreneurial ecosystems, and can offer certain tax benefits to client businesses.
Innovation Hot Spots
Capital Region Innovation Hot Spot: Innovate 518, the Capital Region's Innovation Hot Spot, orchestrates a robust and connected entrepreneurial ecosystem of incubators, accelerators, and support organizations to assist in growing sustainable and scalable technology ventures. Innovate 518 is a partnership among the University at Albany, Rensselaer Polytechnic Institute, and the Center for Economic Growth.
Central New York Innovation Hot Spot: The CNY Innovation Hot Spot is a consortium of 21 partners headed by CenterState CEO at The Tech Garden. The consortium delivers the most innovative incubation and business development programming combining higher education resources and programs, like Syracuse University, with early stage funding, coaching, mentorship and physical and virtual incubation.
Finger Lakes Innovation Hot Spot: This regional consortium is led by High Tech Rochester and the Rochester Institute of Technology, and includes RIT's Center for Urban Entrepreneurship, Upstate MedTech Park in Batavia, and the Cornell Agriculture and Food Technology Park in Geneva.
Long Island Innovation Hot Spot: The Long Island High Technology Incubator is a non-profit business incubator that supports early-stage, high-tech companies to enhance their opportunity for development and growth. LIHTI is affiliated with Stony Brook University and its University Hospital. In its 16 years of operation, the incubator has housed over 70 companies, which have had a high survival rate upon graduating from the program.
Mid-Hudson Valley Innovation Hot Spot | BioInc @New York Medical College: BioInc@NYMC is the Hudson Valley's only biotechnology incubator offering shared resources, turnkey wet lab space, and sponsored professional services to promising, high-potential entrepreneurs and start-ups. In addition to providing best-in-class infrastructure and operational services, BioInc@NYMC assists its members in refining their business strategies, conserving capital, building strong teams, and achieving development and funding milestones.
Mohawk Valley Innovation Hot Spot | thINCubator: The thINCubator ("the home of innovative new companies") is located in downtown Utica so that it may serve the community as well as the many institutions of higher education in the Mohawk Valley. Initially funded and led by the Mohawk Valley Community College Foundation, its purpose is to drive innovation and entrepreneurship in collaboration with other educational institutions, existing entrepreneurs, support organizations, government agencies, and the community.
New York City Innovation Hot Spot: The CUNY Hub for Innovation and Entrepreneurship can accommodate 25-30 startups and 50+ people. At its core, the initial phase of the Hub is a business incubator, offering its tenants professional mentorship as well as a host of collaborative and supportive services. The Hub embraces entrepreneurship in science and engineering as well as in non-science based companies. To guarantee best practices, guidelines for running the CUNY Hub rely on the standards developed by the National Business Incubation Association. The Hub's incubator program is Lean LaunchPad, provided in collaboration with the New York City Regional Innovation Node.
North Country Innovation Hot Spot: Clarkson University has developed a scalable model with a track record of success through Center for Advanced Materials Processing, the Shipley Center for Innovation, and the Reh Center for Entrepreneurship. By centralizing resources and services at Clarkson and de-centralizing idea generation and capture across the region, the North Country is harnessing existing intellectual capital to create businesses and drive economic development.
Southern Tier Innovation Hot Spot | Southern Tier Startup Alliance: The Southern Tier Startup Alliance is an organization of business incubators led by a strong partnership among Binghamton University, Cornell University, and Corning Enterprises. The incubators include Binghamton University's Start-Up Suites, The Center, IncubatorWorks, Cornell University's Kevin M. McGovern Family Center for Venture Development in the Life Sciences, and Rev: Ithaca Startup Works. Its purpose is to provide support to people starting and growing companies in the region. Its objective is to help increase the number of jobs in the region by diversifying the employment base and strengthening the economy. By bringing coherence to a growing regional ecosystem of entrepreneurs and support organizations, the Southern Tier Startup Alliance creates a whole that is greater than the sum of its parts.
Western New York Innovation Hot Spot | WIN: WNY Incubator Network: WIN is headed by the University at Buffalo and focuses on formation of investable, market-driven companies with innovative products meeting customer needs. Partner incubators include IncubatorWorks in Alfred; Olean Business Incubator in Cattaraugus County; Directed Energy Virtual Incubator; Fredonia Technology Incubator in downtown Dunkirk; Harrison Place in Lockport; UB's Technology Incubator in Amherst; Beecher Innovation Center; Z80 Labs; 43North; and the UB BioSciences Incubator on the Buffalo Niagara Medical Campus.
Certified Business Incubators
Biomedical Acceleration and Commercialization Center (BACC) at Albany Medical College: BACC is the college's latest initiative that draws upon the knowledge and experience of a community of people who strive to bring bio-medical innovations to market. It is committed to discovering, developing, and accelerating breakthrough biotechnologies that will dramatically improve patient experiences and outcomes while aiding in the economic growth of the Capital Region and beyond. BACC's goal is to create a regionally inclusive ecosystem where entrepreneurs, inventors, physicians, researchers, academicians, business professionals, investors, students and administrators will successfully navigate healthcare innovation. The BACC is part of the only academic medical center within a 125-mile radius of Albany. Its vision is to be the hub and accelerator of biomedical discovery in Tech Valley. The BACC stimulates and diversifies the local economy by creating high-tech jobs, and its network of business leaders and top-notch researchers facilitate corporate, academic and government collaborations in a highly complex and competitive, healthcare-based market.
Brooklyn Biotech NYS Certified Business Incubator: The Brooklyn Biotech NYS Certified Business Incubator links numerous regional bio-based assets and business development programs into one unified program.
Brooklyn Fashion + Design Accelerator | Pratt Institute: The Brooklyn Fashion + Design Accelerator (BF+DA) is a hub for ethical fashion and design that provides design entrepreneurs, creative technologists, and industry professionals with the resources they need to transform their ideas into successful, triple bottom line businesses, including business mentorship, sustainable strategies consulting, materials sourcing, small-run apparel production, no-minimum computerized knitting services, and digital fabrication services.
Cornell Food Innovation NYS Certified Business Incubator: The Cornell Food Innovation NYS Certified Business Incubator assists start-up food based businesses in the Finger Lakes region.
Entrepreneur Space Incubator: This Long Island City incubator helps emerging entrepreneurs build their businesses by providing affordable commercial kitchen space, business counseling, and technical assistance. Its 5,500 square foot professional kitchen is available for rent on a 24/7 basis. It is administered by the Queens Economic Development Corporation.
Fredonia Technology Incubator: Located in the City of Dunkirk's central business district, the Fredonia Technology Incubator (FTI) promotes economic growth in Western New York by supporting entrepreneurship and the development of new, innovative companies into successful business ventures. This takes place in an environment that fosters creativity, technology development, commercialization, and successful business management practices. With a focus on arts and technology-based startups, the incubator provides administrative and business services, mentoring, networking, professional consulting, educational opportunities, and access to capital and work ready space. FTI combines these resources and those of the State University of New York at Fredonia, state and local government, area businesses, and the community to develop businesses that are financially viable and freestanding.
IncubatorWorks: IncubatorWorks operates incubators in New York's Southern Tier, with one facility open in Corning and one planned to open at Elmira Airport Park in Horseheads. These incubators are also members of the Southern Tier Startup Alliance (an Innovation Hot Spot). IncubatorWorks operates an additional facility in Alfred that is part of the Western New York Innovation Network (WIN), the Innovation Hot Spot for that region.
LaunchPad Long Island: LaunchPad is an incubator, co-working space, and resource platform designed to help start-ups and early-stage companies. Its goal is to help companies build a viable product, launch fast, and prepare for growth. LaunchPad is concurrently an Innovation Hot Spot, allowing it to offer tax benefits to resident and affiliated start-up companies. With 12,000 square feet in Mineola, 8,600 square feet in downtown Huntington, 10,000+ square feet in Great Neck, 8,000 square feet in Westbury, and locations at Stony Brook University and New York Institute of Technology in Old Westbury, LaunchPad is at the heart of the entrepreneurial renaissance on Long Island.
Mohawk Valley Farm & Food Business Incubator: As a partnership between SUNY Cobleskill and the Center for Agricultural Development and Entrepreneurship (CADE), the Farm and Food Business Incubator (FFBI) provides a variety of educational, tailored mentoring, business plan development, networking and product development services for its clients. In addition, food processing spaces on SUNY Cobleskill's campus including commercial kitchens, a USDA-inspected meat processing facility, and a dairy processing center (forthcoming 2017) are available as fee-based "maker spaces" for clients ready to produce small batches of branded value-added food items. Interested entrepreneurs from throughout the Mohawk Valley region can access FFBI's "Incubator Application" online. Incubator staff will then contact applicants to begin building a service prescription tailored to their unique business development needs.
Mohawk Valley NYS Certified Business Incubator: The Mohawk Valley NYS Certified Business Incubator is a regional consortium headed by the Griffiss Institute (GI) and includes the thINCubator and other regional economic development entities. The GI facilitates technology transfer from the Air Force Research Laboratory in Rome, New York to industry for commercialization. In this manner, the incubator links numerous regional high tech, information, and cybersecurity assets with business development programs.
NY Designs at LaGuardia Community College
NYS Clean Tech Certified Business Incubator: The NYS Clean Tech Certified Business Incubator assists clean tech-based businesses in the Hudson Valley region.
NYU Tandon School of Engineering Certified Incubator: The NYU Tandon School of Engineering Certified Incubator assists start-up businesses in the New York City region through an individualized two-year incubation program that utilizes best practices and provides mentorship, access to programming, service providers, potential customers, investors and business related services. With linkages to the University and other economic development programs, the incubator program is situated in an ideal position to support new ventures from first point of entry in the market to scalability and sustainability.
Rensselaer Polytechnic Institute (RPI) NYS Certified Business Incubator: The RPI NYS Certified Business Incubator links numerous regional assets and business development programs into one unified program.
Rev Ithaca Startup Works: Rev Ithaca Startup Works is a business incubator with the mission of helping people start and grow businesses, and is designed to be a physical hub and meeting point for the flourishing entrepreneurial community already in Ithaca. Rev is a collaborative project among New York State, Cornell University, Ithaca College, and Tompkins Cortland Community College that combines the region's strengths in engineering, materials science, and manufacturing with cutting-edge business incubation, acceleration, and entrepreneurship theory and practice to quicken the development of startups and grow the region's economy and employment.
Stony Brook University NYS Certified Business Incubator: The Stony Brook University NYS Certified Incubator links numerous regional assets and business development programs into one unified program.
Tech Valley NYS Certified Business Incubator: The Tech Valley NYS Certified Incubator links numerous regional assets and business development programs into one unified program.
The Accelerator Powered by the Orange County IDA: The Accelerator, strategically located in New Windsor at Stewart International Airport with proximity to major interstates, is a NYS Certified Business Incubator focused on bringing manufacturing back to the Mid-Hudson Valley. Powered by the Orange County Industrial Development Agency, The Accelerator works to attract manufacturing-based businesses in the areas of fashion design and production, bottling, artisan manufacturing, and artisan foods by providing below-market occupancy costs, workforce training, mentoring programs, easy access to experienced professionals, and a high-tech plug-and-play environment with SMARTT Pods and a host of other resources.
Contact NYSTAR for more information by emailing NYSTARSupport@esd.ny.gov or calling (518) 292-5700.