Regional Incubator Overview

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Regional Incubator Overview


BIANYS Annual Meeting

Monday, May 23, 2011


GLOBALFOUNDRIES


$5
billion
300mm
fab


Total investment potential with expansion: $6.9 billion


Rensselaer Polytechnic Institute


Invested over $300 million in programs and facilities


$100 million Computational Center of Nanotechnology
Innovations (CCNI)


University at Albany, College of
Nanoscale

Science
& Engineering (CNSE)


Over $7 billion invested


Awarded $57.5 million for solar research

Recent Investments in Tech
Valley

IBM


Invests/announced plans to invest over


$2 billion in regional initiatives (Nanotech
Packaging Center, Nanotech/Semiconductor
programs at CNSE, RPI Supercomputer, East
Fishkill Complex
)


General Electric


$165 million World
-
Class Digital
Mammography/Imaging Center


$100 million Advanced Battery Mfr. Ctr.


$45 million Renewable Energy Headquarters


$150 million Wind Institute and Turbine
Service Center


$330 million investments to expand Global
Research Headquarters

M+W Group USA


Announced last August they are moving
their headquarters to the
Watervliet

Arsenal, creating 270 jobs


International SEMATECH


Moved its headquarters to CNSE,
creating 100 new high
-
tech jobs and
investing $80 million in the region


AngioDynamics


Built new headquarters in Latham,
bringing 70 jobs



Watervliet

Innovation Center



Jeff Lawrence, VP Center for Economic Growth


Laura Mann, Program Director, BGS


Melanie LaRose, Program Manager, BGS


Virtual / Residential


CleanTech
, Homeland Security, other
high potential tech companies


Custom Services


start
-
up, growth, innovation & product dev


Nationwide network of industry & technical advisors


i6 Challenge


letter of intent to support (CEG)

RPI Emerging Ventures Ecosystem



Dick Frederick, Director


Re
-
launched February 2011


Not solely RPI centric, Distributive model


Rens
. Co. IDA
-

$10k grant to assist companies


New Program Development


monthly CEO peer
-
to
-
peer
reviews, help desk, Entrepreneurs in Residence


Alumni Mentor and Advisor database


RPI Resources, Centers of Excellence, Office of
Technology Commercialization


10 new companies


Regional i6 Challenge proposal

LINC


the Lighting Cultivator



Gene Schuler, Executive Director


Mike
Lobsinger
, Director, Business Development


Saratoga Technology + Energy Park (STEP)


Virtual Incubator focused on lighting companies/industry


Over 200 companies since 2008


Mission: To create a vibrant network of lighting
businesses in New York State


Laser focus on companies with jobs as an outcome


Regional i6 Challenge proposal


Innogen



David
Dussault
, Executive Director


Michael Visk, Director, Commercial Development


New, established 2011


414 Union Street, Schenectady NY


new offices


Affiliated with Union Graduate College


C.E.E.D.


Collaborative Entrepreneurial Educational
Development


competency program and resources


Newkey

Media Solutions


website, branding, marketing


IdeaSpec

Venture Fund LLC


access to seed investment


Entrepreneurial
Bootcamp



Pre
-
Seed Workshop


First
Bootcamp

August 1
st



August 12
th



Sage INVEST



Tom Keane, Director, Academic Liaison


Established 2005


3 facility components


John Paine Lab facility


8801 sq. ft. wet
-
chemistry lab
space for
nano
,
cleantech
, pharmaceutical and bio clients


Esteves

Center for Innovation & Entrepreneurship
micro
-
enterprises, non
-
tech businesses and IT for
wet
-
chemistry lab facility clients


Interdisciplinary Studies and Emerging Sciences (ISES)


Present companies


GreaneTree

Technology,
Therion

International, Paper Battery Co., Evident Technologies


Over 40 students to date involved through lab and
business based internships


Siena College Incubator




Michael Hickey, Executive in Residence


Established September 2010


Located on Siena campus


1 company


MoveThatBlock.com


Mentoring and paid internship opportunities for Siena
students with companies and executives

NYSERDA STEP



Bob
Callender



VP Operations & Energy Services


Kevin Hunt, Project Manager


Tricia King, Tenant Liaison


280 acre site, master
-
planned for 1.25 sq. ft. office, lab,
light manufacturing; sponsored by NYSERDSA


Cleantech

and Environmental company focus


onsite
and knowledge community and resource


STEP Mentor program


TEC
-
Smart training & education center


Harriman Research & Tech Dev. Corp.
Business Center



Peter
Wohl
, President


Founding organizations of NYS
Busines

Incubator Association


CleanTech
,
Ualbany

nanotech focus


6 tenants including Small Business Development Center, Bill Brigham


One
-
on
-
one counseling, business advisory, market


research, financial analysis,
UAlbany

MBAs

iClean



3 partners: HVCFI, E2TAC, CNSE


Established 2010


funded by NYSERDA


Serves clean energy start
-
ups in 19 county Tech Valley


Office, small manufacturing and lab space, onsite and


virtual engagements


Expands services at E2TAC/CNSE and HVCFI and


creates new incubator at STEP


Services: access to R & D, academics, commercialization


& manufacturing expertise, executive mentoring


Entrepreneurial Boot Camp


event series



Initial meetings in January and February 2011



First roundtable discussion March 2011


Pat’s Barn



Collaboration


leverage strengths, gaps & overlaps



i6 Challenge



Meeting May 26
th



Assets


strengths & resources


Challenges


Solutions


Organization


Leadership



Regional Incubator Collaboration

LEADERSHI
P INSTITUTE

June 13
-
15, 2011

Desmond Hotel & Conference Center

Albany, NY

www.innovationengineering.info/newyork

Thank You


Jeff Lawrence, VP
Center for Economic Growth