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2010 Rochester Regional Business Plan Contest Opens February 1, 2010

 

Showcase your business; get exposure to local investors and business leaders and compete for a chance to win $25,000 in cash!

Open to all for-profit companies headquartered in the nine-county, Greater Rochester New York Region, this annual contest encourages entrepreneurship and recognizes new, high-growth ventures. Learn about the contest. Register for the contest starting February 1, 2010.
 
The finalists will present before a live audience and panel of judges. The winners will be announced at the 2nd Annual Celebration of Entrepreneurship Luncheon Friday, April 30th, 2010. Register for the luncheon.
 
Prizes
 
  • Contest finalists will receive significant community exposure and marketing services from Dixon Schwabl
  • 1st, 2nd, and 3rd place winners will also receive cash prizes and free office space at HTR’s Lennox Tech Enterprise Center or Rochester BioVenture Center
Sponsorships
 
Support entrepreneurship in our community. Become a sponsor of the contest! Contact Jackie Spiro for more information.
 
Contest Information and Guidelines
 
All contest information is available at www.htr.org/bpcontest
Contact BusinessPlan@htr.org  or 585-214-2400 with questions

Accelerating Commercialization: Developing for Market Needs

 

The 9th Biotechnology
Management & Entrepreneurship
Seminar Series
 
Accelerating Commercialization: Developing for Market Needs
Dietrich Stephan, Ph.D.
President and CEO, Ignite Institute
 
Tuesday, February 2, 2010, 5:00 p.m.
Rochester BioVenture Center
 
High Tech Rochester invites you to a networking event on Tuesday, February 2 at the Rochester BioVenture Center beginning at 5:00pm. We will be streaming the Severino Center presentation “Accelerating (Biotech) Commercialization” at 5:30pm.  Click here to view the flyer.

Foundations & Unconventional Fundraising

 

 

Foundations & Unconventional Fundraising
Wednesday, January 13, 2010
12:00 noon - 1:30 p.m.
Lennox Tech Enterprise Center 
Multimedia Center

Register by January 11, 2010
Contact Jackie Spiro or call 585-413-9060
 
Challenging times or not, raising cash to fund life-science ventures is a daunting task. Don’t let the current economic environment prevent your company from raising the cash it needs to bring your discoveries and innovations to market. There are many approaches to fundraising that don’t involve venture capital, angel investors, or soliciting investments from friends and family.

Rochester BioVenture Center

The Rochester BioVenture Center became the first incubator in New York’s Finger Lakes region able to support life sciences companies with both wet labs and business services. The biotech incubator is operated by High Tech Rochester to further the organization's mission of economic development in the region. 

The Rochester BioVenture Center is located in Henrietta, New York in the University of Rochester Medical Center. The 40K square foot building was transformed from the former Wyeth laboratory into the current business incubator in 2007. Lab and office space is available in sizes ranging from 200 to 1,000 square feet for early stage and mid-sized biotech companies so that they may develop within a community of similar enterprises and remain within the area. The incubator provides access to funding, business services and a number of regular events through High Tech Rochester in affiliation with network partners. The incubator cooperates with many different organizations to facilitate the goal of transforming research into economic development.1

BIA/NYS backs two bills pertaining to incubators

Woodrow (Woody) Maggard, Chair, UB Technology Incubator 
David Hochman, Executive Director, dh@tbed.org 
 
FOR IMMEDIATE RELEASE Contact: David Hochman 
(518) 689-0553 or (212) 448-9586 
 
ALBANY – Two pieces of legislation pertaining to business incubators – one at the federal level and one at the state level – were endorsed by the board of directors of the Business Incubator Association of New York State at its most recent meeting. 

Business Incubator Association of New York State (BIA/NYS)

The Business Incubator Association of New York State was formed in 2005 by David Hochman and several colleagues from the incubator world to forge a network of communication between incubators in the state.  I recently spoke with David about the Association, and its members.

Broad Hollow Bioscience Park

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.

Long Island High-Technology Incubator (LIHTI)

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
 
Visit Long Island High-Technology Incubator online www.lihti.org  
New York State Foundation for Science Technology and Innovation www.nystar.state.ny.us

Alexandria Center for Science and Technology at East River Science Park

Last month, New York City Mayor Michael Bloomberg and Eli Lilly announced that ImClone is going to be the anchor tenant in the East River Science Park in New York City.  ImClone will be bringing 125 scientists into their 90,000 square foot facility in the Alexandria Center for Science and Technology owned by Alexandria Real Estate Equities.  When completed the park will house more than 1.1 million square feet of research and development space.  The initial phase of construction comprises 310,000 square feet and is scheduled for completion by next year.  Read the press release for the event online at http://www.nycedc.com/PressRoom/PressReleases/Pages/MayorBloomberg
AnnounceHeadquartersatEastRiverSciencePark.aspx?utm_source=NYCEDC&utm_medium=eNewsletter&utm_campaign=LillyERSP

UB Technology Incubator

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.  

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