Central New York Biotech Accelerator (CNYBAC) is located in an Opportunity Zone "where new investments under certain conditions, may be eligible for preferential tax treatment." CNYBAC is also an affiliate Hot Spot partner through The Tech Garden, Central New York's Regional Hot Spot. As such, The Tech Garden can certify eligible CNYBAC clients for New York Innovation Hot Spot Tax Benefits. CNYBAC also has eligible Start-Up NY allocated space where "new and expanding businesses can gain access to tax-based incentives and innovative academic partnerships."
CNYBAC is owned and operated by SUNY Upstate Medical University - the region's only academic medical center. CNYBAC clients gain access to Upstate clinical and basic science experts, graduate student interns (at a 50% reduced rate), and state-of-the-art CORE Research Facilities and equipment with technical assistance. CNYBAC also offers virtual occupancy for those companies who do not need to reside physically in the incubator space but would like access to expert partnerships, webcast events and mentorship.
Clients: The following clients are licensing space in CNYBAC - click on each for more information:
3D PARS - 3D printing and advanced robotics
ANDRO - System solutions
Aptamatrix - Accelerating Aptamer Discovery
EndoGlow - Fluorescent Surgical Devices
Fusologics - Preclinical orthopedics bone growth product
ICIP Consulting - Innovation, Commercialization and IP Consultant
LifeUnit - Novel therapeutics and chemical agents for treating and controlling biofilm formation and other bacterial activities
Pelitex - Nanogradient™ materials innovation
Quadrant Biosciences - Evolutionary advancements in brain health assessment, autism and Parkinson’s detection
Simpler Links - Foley Catheter Securement Device
Upstate Molecular Genetics Lab - NYS Licensed CLIA Lab
Yadometer - Range of motion measurement product