Today, CenterState CEO's Economic Champions event recognized nearly 300 local companies for driving the region’s economy forward through job creation, business expansions, investments in operations and more. The event also recognized the companies and people contributing to Central New York’s resilience during the COVID-19 pandemic, in particular, those champions that have adapted, grown, innovated and persevered in the wake of this year’s profound challenges.
This month The Tech Garden welcomed three new members. These members now have access to business resources, free events, mentors and funding opportunities. Fotokite, the winner of GENIUS NY 2018, also recently expanded into another 1,000 sq. ft. space at The Tech Garden. Fotokite technology uses a tethered drone for public safety use.
Governor Andrew M. Cuomo announced Geopipe of New York City the winner of GENIUS NY’s $1 million grand prize. The GENIUS NY program is the world's largest business competition focused on unmanned systems, cross-connected platforms and other technology-based sectors. BotsAndUs from the United Kingdom, Droneseed from Seattle, Washington, Eget Liber from Syracuse, and Skyy Network from Australia were each awarded investments of $500,000. New York State has now invested $20 million in GENIUS NY over four rounds of the competition. The year-long business accelerator awarded a total of $3 million to the five finalist teams at its virtual finals event during which the five teams pitched their business plans to a panel of eight judges. Following the pitches, all five competitors were awarded one of five investments. The teams will use these investments to continue to accelerate their growth and expand their presence in the region.
This past summer The Tech Garden welcomed three new members. These members now have access to business resources, free events, mentors and funding opportunities. Tonquin, the "Uber" for auto-parts, also recently moved into a 500 sq. ft. space at The Tech Garden. Tonquin connects auto parts stores to the growing network of "gig drivers" in their area to deliver their parts using an online logistics dashboard. Tonquin reduces the cost and adds efficiency to stores that use traditional in-house methods of delivery to commercial customers.
New Age Renewable Energy Transforming Unusable Dairy Byproducts into Hand Sanitizer
What if that cup of yogurt or block of cheese you bought today also produced a key ingredient in hand sanitizer? It can. New Age Renewable Energy, operating under its trade name Cayuga Ingredients, is transforming unusable dairy byproduct destined for disposal facilities into hand sanitizer. Not only is Cayuga making products that keep communities across America safe, they’re also generating clean water and high-quality animal food, all from dairy waste. How? Through a sustainable innovative process created by co-founder Joe Van Groll, ten years in the making.
SkyOp LLC Launches Enterprise Drone Consultancy Providing Comprehensive Guidance for Corporations Seeking to Deploy UAV Technology
Alongside the new consultancy, SkyOp has developed no-cost assessment tools to help enterprise
corporations identify the competitive advantages drones provide, and has expanded its proprietary cloudbased “Ultimate Drone Reference Guide” to facilitate drone application ideation.
SkyOp LLC, a leader in the training and deployment of drone technology, announced that it has launched a new consultancy division for enterprise-level corporations seeking to realize the advantages drone technology can deliver for large-scale businesses.
Investments Align to Company’s Growth Stage Along The Tech Garden’s Roadmap
The Tech Garden recently awarded funding to five startups through its new Fund of Funds program. Access to funding continues to be a challenge in an interior innovation hub for startups especially in Central New York. In the current economic climate, investors can be additionally risk averse. The Tech Garden sees this as an opportunity to create a streamlined program sourced from multiple pools of funding managed by CenterState CEO and The Tech Garden. This incremental support provides the fledging company initial funding on the path to commercialization and offers an opportunity for follow-on investment with less risk. Past funding programs at The Tech Garden included Grants for Growth, Startup Labs and the Germinator accelerator.
Akrobotix has designed a new software for detecting masks. The plug and play device is loaded with an AI engine that can distinguish between humans with/without a mask on their face and gently alerts the passing by human to wear a mask, if they aren't covering their face. This system doesn't collect any image data of the passing by humans and works standalone in a small form factor of a standard 52-card deck. Additionally, this system can count people entering/exiting the building and provides the occupancy numbers.
TruWeather Solutions recently hired two meteorologists who graduated from SUNY Oswego this past spring. The 2018 GENIUS NY finalist now has 11 working out of The Tech Garden. TruWeather Solutions is a weather risk management and analytics company that has a proven framework for reducing weather’s impact on businesses to preserve people, property and profits.
The Tech Garden recently welcomed three new startup members that now have access to business resources, mentors, funding opportunities and events.