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ESD Announces 10 Businesses Chose to Grow in New York City and Long Island

Empire State Development today announced that ten businesses will startup, expand or locate in New York City and Long Island, partnering with colleges and universities to spur local economic growth. These companies have committed to create more than 270 new jobs and invest approximately $4.3 million over the next five years.

“From life sciences to advanced manufacturing, software development and green-tech, more and more companies are finding New York State is a great place to start or grow their business,” said Empire State Development President, CEO & Commissioner Howard Zemsky. “These businesses have the potential to create hundreds of jobs in New York City and Long Island in dynamic, innovative industries while generating millions in revenue for the local economy.”

“As I shared in my inaugural State of the University System address this week, two themes of my vision for the System include innovation and entrepreneurship, and increase and expand partnerships. This is an example of these themes at work,” said SUNY Chancellor Kristina M. Johnson. “The partnerships between our campuses and these businesses are producing academic benefits for faculty and students, while simultaneously driving innovation-based economic development in New York State.”

The ten businesses, which are sponsored by Medgar Evers College, New York University, SUNY Downstate Medical Center and SUNY Farmingdale, will create jobs in several key industries, including: biotechnology; green technologies; high-technology; life sciences; manufacturing; research and development; and software development.

The following businesses have joined START-UP NY:

New York City

Medgar Evers College:

Derbywire, Inc. is a software development firm that will design and develop a content streaming platform where music artists and fans can make a real-time payment verification using a selfie. The company will also develop biometric integration technology to create a more secure process for payments in the social community. Derbywire will create 95 jobs and invest $1,000,000.

EnerKnol, Inc. is a high-tech company developing a software solution for the vast market need for real- time, comprehensive US energy and environmental policy data. EnerKnol’s core business model is a one‐stop, real-time source for market participants to efficiently access, track, and understand all regulatory and policy information that affects their sector through trending and predictive analysis. EnerKnol will create 21 new jobs and invest $108,000.

Radiator Labs, Inc. is a green technology business whose signature product is the "Cozy,fl” a low‐cost radiator cover that eliminates the waste in steam heating systems. The company is researching and developing new Cozy designs, the wireless, battery-less, energy harvesting sensor and the dashboard for building owners/operators that will provide holistic and room by room data and analytics to improve efficacy of building operations. Radiator Labs will create nine new jobs and invest $15,000.

Selfiepay, Inc. is a software development firm specializing in security and fraud prevention by using biometric data for payment verification. Selfiepay is developing facial recognition technology and “Selfie Reader” to be used for secure payment processing services. Selfie Pay will create 77 jobs and invest $1,000,000.

Tuki, Inc. develops and manufactures ergonomic stands to support mobile products. Tuki will research and develop the “biometric stand,” used to capture biometric data for secure payment transactions, and the “hollow stand,” an on‐the‐go model intending to be lightweight, flexible and portable, both of which are patented. Additional models will include in-car models, floor models, and interactive TV support models. Tuki will create 33 new jobs, and invest $1,000,000.

 

New York University:

Dandelion Energy Inc. is a green energy technology company from Silicon Valley, California, that will develop a high-performance cloud connected geothermal system to provide renewable energy and cooling to homeowners. The system includes high tech software and innovative drilling technology that will be used to calculate house by house energy savings and streamline the installation process. The company will create 27 new jobs and invest $21,000.

SUNY Downstate Medical Center:

MouSensor, Inc. is an early-stage biotech company that aims to build a digital database of every scent on the planet using specially engineered “super sniffer” mice. Potential uses of this revolutionary technology include re-engineering of fragrances, and more accurate detection of explosives and detect disease-specific odors. MouSensor will create five new jobs and invest $1,458,000.

 

Long Island

SUNY Farmingdale:

Haystack Diagnostics, LLC is a new biotechnology company that detects biological states, such as cancer, using unique proteomics and bioinformatics technologies. Haystack determines panels of biomarkers that give early detection of biological states. Upon discovering these biomarker panels, Haystack will work to translate the biomarker panels into blood tests that will then be available to patients or doctors. The company will create two new jobs and invest $550,000.

ProtiFi, LLC is a biotechnology company that makes sample preparation solutions for proteomics, the large-scale study of proteins. ProtiFi is developing technologies that will improve the accuracy, identification and quantification of protein samples used in biotechnology research. The company will create two new jobs and invest $140,000.

 

Contact:

Jason Conwall | [email protected] | (518) 292-5107

ESD Press Office | [email protected] | (800) 260-7313