Connective Corridor

News: CNY Biotech Accelerator now accepting applicants


The CNY Biotechnology Research Center, a joint incubator project between the State University of New York College of Environmental Science and Forestry (SUNY-ESF) and Upstate Medical University, has a new name:  The Central New York Biotech Accelerator.

“While the research side of our enterprise is well known, we want to reinforce the main purpose of the new building — that it is a place for biotech businesses to grow,” commented SUNY-ESF President Neil Murphy, PhD, who is an originator of the CNY Biotech Accelerator and also is the co-chair of its board.The unique facility draws on the environmental, bio-industrial, bio-research and medical specialization of the two institutions. Clients of the CNY Biotech Accelerator will have office space — similar to a typical incubator — and also brand new lab space, which makes the facility unique in the region.

While the building itself will be open to clients in early 2013, businesses may apply now for space in the CNY Biotech Accelerator.  New businesses involved in the commercialization of medical, industrial and environmental biotechnology; bioenergy; agricultural; medical devices; stem cell technologies; and small and large molecule therapeutics would find relevant support at the accelerator.

“We have a terrific facility but the CNY Biotech Accelerator is far more than a building. It is a business accelerator that will provide services to help start up companies be successful,” said Steven Goodman, PhD, Vice President for Research at SUNY Upstate and CNY BAC board co-chair. “Clients who build their company within the CNY Biotech Accelerator will experience a comprehensive membership program to help them mature as a business.”

The CNY Biotech Accelerator is the anchor building of the new Loguen’s Crossing development on a parcel of land on East Fayette Street in Syracuse.  It is located along the Connective Corridor bus route and is served by the free Connective Corridor bus route that links the University Hill district with downtown.

When the $24 million project is complete, the 40,000-square-foot building will house up to 21 independent company modules and able to accommodate more than 100 scientists, technicians and entrepreneurs.

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