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An Introduction to Support for High-Tech Entrepreneurs in Central New York: 

An Introduction to Support for High-Tech Entrepreneurs in Central New York Robert I. Trachtenberg Peter R. Golia, Ph.D. mail@tdo.org Central New York Technology Development Organization

J2K Jobs 2000: 

J2K Jobs 2000 $522 Million for Jobs 2000 Economic Development Plan to Boost High-Tech Business Growth Across New York State Created a new executive level agency, the New York Office of Science, Technology and Academic Research

NY Office of Science, Technology & Academic Research (NYSTAR) : 

NY Office of Science, Technology & Academic Research (NYSTAR) Absorbs science and technology programs from Dept. of Economic Development (ESD) and economic development programs from SUNY $156.5 million for High-Tech Academic Research $280 million in venture capital funds to invest in emerging businesses and to spur high-tech business growth $34 million to retrain employees to operate high-tech equipment $51.5 million for infrastructure improvements to supply water to accommodate business growth

NY State Science & Technology Foundation (NYSSTF) was dissolved 2/1/2000 in favor of NYSTAR: 

NY State Science & Technology Foundation (NYSSTF) was dissolved 2/1/2000 in favor of NYSTAR Public Foundation staffed through Empire State Development Mission to create the means for industry to access leading-edge technologies manufacturing companies to receive technical assistance new ideas to become new companies small companies to grow Programs are performance based Funds are matched by non-state money

NYSSTF Programs: 

NYSSTF Programs Technology Development Organizations (TDOs) – transferred to NYSTAR Centers of Advanced Technology (CATs) – transferred to NYSTAR New York Mfg. Extension Partnership (NYMEP) – transferred to NYSTAR Small Business Technology Investment Fund (SBTIF) – retained by ESD? QuickView (benchmarking & assessment tool) – transferred to CNYTDO

Technology Development Organizations (TDOs): 

Technology Development Organizations (TDOs) New York State legislated Private, not-for-profit corporations 10 TDO regions across the state Regional focus emphasized Low-cost fee structure

TDO Regions: 

TDO Regions Western New York Finger Lakes Southern Tier Central New York North Country Mohawk Valley Capital Region Mid Hudson New York City Long Island

Central New York TDO: 

Central New York TDO Exclusive center of the US Department of Commerce’s Manufacturing Extension Partnership (MEP) Regional center for NY State’s Technology Development Organization program Provide assistance in support of the federal Small Business Innovation Research (SBIR) program Delivers ExportNY along with Niagara Mohawk and Syracuse University’s School of Management

Manufacturing Extension Partnership (MEP): 

Manufacturing Extension Partnership (MEP) Federal/State program to assist small/medium manufacturers (SMEs) Delivered by TDO locally Direct assistance or referrals to consultants Liaison with experts across the world Seminars & speakers Access to latest manufacturing technology

Entrepreneurial & Business Assistance : 

Entrepreneurial & Business Assistance Business plan development Review of business plans and models Review of technology, products & markets Intellectual property information Assistance with regulatory information Peer reviews Incubator referrals Assistance with capital formation plans

Financing & Venture Capital: 

Financing & Venture Capital Assistance in understanding various financing options Referrals to state & federal programs e.g. SBA, ESDC, SBTIF Introductions to local loan programs e.g. Chamber of Commerce, COMCO Introductions to venture capital funds e.g. Exponential, Onondaga Also, referrals to banks, angels, company investors…

Centers for Advanced Technology (CATS): 

Centers for Advanced Technology (CATS) CATs are partnerships among universities, private industry, and New York State Created to leverage universities in pursuit of substantial increases in revenue, sales, and employment for NYS companies Industry-university collaboration leads to business growth through new start-up companies new product introductions attraction of new capital

NY State CATs: 

NY State CATs Alfred Ceramics Technology CUNY Ultrafast Photonic Materials Clarkson Advanced Materials Processing Columbia HPCC in Health Care Cornell Biotechnology NYU Digital Multimedia Polytechnic Telecommunications

CATs continued: 

CATs continued Rensselaer Automation & Robotics Albany Thin Films & Coatings Binghamton Integrated Electronics Stony Brook Medical Biotechnology Syracuse Computer Applications & Software Engineering (CASE) Rochester Electronic Imaging Systems

Federal Lab Consortium: 

Federal Lab Consortium 700 Labs & 1200 additional facilities Tech transfer a priority Wealth of technologies, facilities and expertise available Exclusive or non-exclusive licenses Consultation with experts Cooperative research projects Use of unique laboratory facilities

Federal SBIR Program: 

Federal SBIR Program Small Business Innovation Research Program 10 participating federal agencies $5 billion awarded through 35,000 grants approx. 4,800 per year Phase I $100,000 & six months max. evaluate scientific & technical merit Phase II $750,000 & two years max. development effort Phase III $200,000 over two years min. privately funded commercialization

Small Business Technology Investment Fund (SBTIF): 

Small Business Technology Investment Fund (SBTIF) NY State seed & growth capital fund, match required Seed Stage Companies eligible for $25,000-$75,000 no commercial revenues need capital to prove a concept First Stage Companies eligible for $50,000-$250,000 annual sales of up to $2 million have a product or a working prototype need funding for full-scale manufacturing and sales. Second Stage Companies eligible for up to $500,000 annual sales of up to $20 million need to expand production and product shipping or are commercializing defense-related technologies to introduce a new product or service

Technology Business Advisory Group (TBAG): 

Technology Business Advisory Group (TBAG) Mission to encourage, counsel, and assist technical entrepreneurs to develop successful businesses expand the support system for high tech start-ups in CNY strengthen the technology development and transfer process Volunteers Business people with experience in high technology development a keen interest in new ideas and private business ventures a professional commitment to regional economic growth

eCommerce: 

eCommerce TDO EDI/EC Partners ECRC - Johnstown, PA seminars training sessions technical assistance NIST/MEP standards technical Assistance Chamber i-Commerce Onondaga Public Library

Other Sources of Assistance: 

Other Sources of Assistance Cayuga County Economic Development Council City of Oswego Community Development Office City of Syracuse Development Office Cortland County Business Development Corp. Greater Syracuse Chamber of Commerce Madison County Industrial Development Agency

Other Sources continued: 

Other Sources continued Metropolitan Development Association (MDA) Manufactures Assoc. of Central New York (MACNY) New York Business Development Corporation Onondaga County Industrial Development Agency Operation Oswego County, Inc. U.S. Small Business Administration Urban Business Opportunity Center

Internet resources: 

Internet resources Chamber ( http://www.cny.com) City ( http://www.syracuse.ny.us) Empire State Development ( http://www.empire.state.ny.us) NYSERNet ( http://www.nysernet.org) SBA Online ( http://www.sbaonline.gov) NTTC (iridium.nttc.edu) NIST ( http://www.nist.gov) Fedworld (http://www.fedworld/gov)

Additional Information: 

Additional Information www.tdosolutions.com The Central New York Technology Development Organization (TDO) is affiliated with the New York Manufacturing Extension Partnership (MEP), a cooperative program of the New York Office of Science, Technology & Academic Research (NYSTAR) and the National Institute of Standards and Technology (NIST).