The SUNY Research Foundation will give funds to several of its institutions to help foster entrepreneurship, including the SUNY College of Environmental Science and Forestry (ESF) and Upstate Medical University.
Canada is aiming to woo bright young entrepreneurs with a startup visa program. The plan offers immediate permanent residence to foreign nationals who are able to secure business funding from Canadian investors. But, there are mixed feelings in the U.S. about the benefits of following suit.
Matthew Turcotte works from his office in Clarkson University's small business incubator in downtown Potsdam.
Many 16-year-olds might dream about starting their own business. But it takes a special kind of teenager to turn an operation launched in his parents' basement into a six-figure profit earner in just four years. After succeeding wildly with his web development and design company, North Shore Solutions, Clarkson University junior Matthew Turcotte, now age 20, is embarking on his second venture: commercial real estate.
It’s a Friday afternoon at the Technology Garden, a business incubator in Syracuse. The dozen or so staff members of software design company Rounded Development are sitting around on couches, chowing on Dinosaur Barbeque take-out and chatting up ideas for new products.
Senator Charles Schumer says a new center to open in Rochester will be a model for cities all over the state and the nation. He made the statement at the launch of the new center for urban entrepreneurship in the city.
Sean Branagan doesn't want to get any angry phone calls from the NCAA's lawyers for ripping off their idea, but he took inspiration from a certain national college basketball tournament, held every March, for a new student startup competition.
There is a political debate going on this fall about government's role in supporting entrepreneurship and innovation.
It comes at a time when upstate New York continues to try and reinvent its economy. Small business incubators and accelerator programs are cropping up. The state has also made a major investment in creating a nanotech industry.
"The narrative that government is important? I don’t believe it’s true," says Carl Schramm.
One-hundred long days full of presentations, meetings with mentors and practicing investor pitches is all done.
The first-ever StartFast Venture Accelerator concluded Thursday morning with its Demo Day.
"Saying it was all hard would be an understatement," said Timothy Beckford, a founder of PadProof, a program to help professional photographers sell their pictures more easily. "It was a tremendous undertaking. We worked like crazy."
Nine companies entered StartFast back in May, but only eight made it through. The teams were given seed money, workspace and access to dozens of mentors.