Category: SUNY
SUNY Farmingdale maintains a 20 acre research park in conjunction with Cold Spring Harbor Laboratory at the Broad Hollow Bioscience Park in Farmingdale, New York. The website for the Bioscience Park bioparkny.org explains that the main facility on the campus holds the anchor tenant OSI Pharmaceuticals and an incubator wing for fostering the development of new biotechnology companies.
The incubator is open to companies with established funding, a solid business plan and technology that is close to market with obvious potential. Tenant companies will remain on the campus until they graduate and should enrich the experience of faculty and students through participation and innovation. The incubator has held a long running student internship program.
The Long Island High-Technology Incubator (LIHTI) is a
62,000 square foot incubator established in 1992 and affiliated with the
Stony Brook University and the
Stony Brook Medical Center. LIHTI's website
www.liht.org describes the application process and some of the successes of the incubation program.
LIHTI has more than 40 office and laboratory suites ranging in size from 500 to 1,000 square feet. Additionally, the incubator is at full tenant occupancy with a 6 to 12 month waiting list. LIHTI is partnered with the Office of Technology Transfer and Industry Relations at Stony Brook University as well as the University's Small Business Development Center, and the Center for Biotechnology among other organizations. The Incubator is managed cooperatively by the Research Foundation of SUNY and the Stony Brook Research Foundation. Admission guidelines include a viable technology no less than 180 days from market, and funding for at least 12 months.
University at Buffalo (UB) State University of New York (SUNY) Amherst has operated the UB Technology Incubator in the Baird Research Park in Amherst, New York
since 1988. Soon, the 40,000SF incubator is going to get a 40,000SF addition and another 40,000SF incubator is going to be situated on the 5th floor of the new Global Vascular Institute building where construction began last Monday.
I looked at the UB Technology Incubator website www.stor.buffalo.edu and got into touch with Woodrow "Woody" Maggard Associate Vice Provost, University at Buffalo, Office of Science, Technology Transfer and Economic Outreach and Adjunct Professor, UB School of Management and he told me about UB Technology Incubator and the expansion plans. The incubator's goal is to support young companies through business services and facilities until those businesses are able to sustain themselves and grow on their own. The incubator was created in 1988 and has successfully graduated 74 companies in that time.
The SUNY Stony Brook University Incubator at Calverton facility allows tenants to build out space as needed, labs have saltwater access, hoods, and business support services. The incubator's website http://www.sunysb.edu/research/calverton/index.html says because it is in an Empire Zone, this incubator is ideal for starting a life science company in Long Island, where businesses can take advantage of the various tax incentives available to companies in that location.
