Vision / Mission / Principles

VISION:

  • Central New York Biotech Accelerator (CNYBAC) a NYS Certified Business Incubator at Upstate Medical University. ¬†Our vision is to be one of the most supportive, adaptable and imaginative biotechnology innovation centers in the US.

MISSION:

  • Incubate and accelerate university-industry partnerships that discover, design, develop and deploy innovative products for biotech marketplaces.
  • Provide growth-oriented companies essential business acceleration services and access to industry-specific development resources.
  • Collaborate with domain experts/mentors in creating comprehensive systems and teams that potentiate success.
  • Provide educational programming that brings like-minded biotech entrepreneurs and innovators together.
  • Proactively work with our innovation ecosystem partners to promote each others' strengths and resources for the benefit of for-profit innovation companies.

PRINCIPLES:

The CNY Biotech Accelerator commits to the two core principles of business incubation as developed by the International National Business Incubation Association (iNBIA):

  • Aspire to have a positive impact on our community's economic health by maximizing the success of emerging companies.
  • Be a dynamic model of a sustainable, efficient business operation.