Bisiness Incubator Assosiation of New York State, Inc. August 2021 NYS Incubator Report

 BIANYS / Business Incubator Association of NYS

Bianys' executive director Marc Alessi's presents at lew 2021 on Bianys and the Softlandings International exchange program - video below- "You may want to watch this video late at night if you have trouble sleeping." Alessi stated.

Cade & Suny Cobleskill accelerate farm and food businesses with new  FFBA program

 The Center for Agricultural Development & Entrepreneurship (CADE) and SUNY Cobleskill’s Institute for Rural Vitality announce the launch of their newest collaboration, the Farm and Food Business Accelerator. Building on the existing work of the Mohawk Valley Farm & Food Business Incubator, this new program has been made possible through a USDA Agriculture Innovation Center grant. This is one of just three centers funded in 2020 by the USDA Agriculture Innovation Center program across the United States. more info here

 Launch NY Announces Q2 Investments

SEED FUND FUELS SIX COMPANIES WITH $335,000
Deals Reflect Industry and Founder Diversity Within Upstate NY’s Entrepreneurial Ecosystem
Upstate’s first and only venture development organization to provide pro bono mentoring and the most active seed fund in the state to high-growth startups across the 27 westernmost counties of the state, announced its Q2 investments from its nonprofit Seed Fund and for-profit LP Fund, which totaled $335,000 across six companies. This brought the total investment from these funds since inception to $3.7MM in 73 companies from the nonprofit fund, and over $1.5MM in 46 companies from the for profit fund.  Read more here

Bisiness Incubator Assosiation of New York State, Inc. Juy 2021 NYS Incubator Report

 Coworking, incubators and accelerators… what’s the difference?

 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

BIANYS has joined with over 200 START-UP NY companies statewide to fight the COVID-19 Tax on Startups

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.

Information from SPICE Group

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