Southern Tier Clean Energy Incubator opens its doors
BINGHAMTON, N.Y. – The Office of Entrepreneurship & Innovation Partnerships at Binghamton University today announced that the Southern Tier Clean Energy Incubator is now open at the Koffman Southern Tier Incubator building, at 120 Hawley St., Binghamton. Announced by Governor Andrew M. Cuomo in October 2017, this is the first state-supported Clean Energy Incubator in the Southern Tier for use by 76West winners and other clean energy technology companies.
The incubator is funded by New York State Energy Research and Development Authority (NYSERDA) and is being managed by Binghamton University. Clean Energy Program Director Alex Hagen will oversee the day-to-day operations. Headquartered at the Koffman Southern Tier Incubator, the incubator also has offices at the Innovative Technologies Complex at Binghamton University.
The incubator will provide space, technical support and other assistance. Clients will be able to tap into the expertise and resources of Binghamton University, REV Ithaca Start-Up Works, IncubatorWorks, the New York Battery and Energy Storage Technology Consortium (NY BEST), and Northeast Clean Energy Council (NECEC). Together, these organizations provide world-class support and resources to help entrepreneurs commercialize cutting-edge clean technologies. The incubator currently has nine clients, including winners of the 76West Clean Energy Competition.
76West is a $20 million competition and support program administered by NYSERDA. The competition is currently accepting applications for its third round through April 16. The 76West Competition is providing $10 million in awards and $10 million for business support, marketing and administration, including the Southern Tier Clean Energy incubator.
The Southern Tier Clean Energy Incubator is looking to foster community relationships with mentors, business leaders and other community stake holders including area manufacturing facilities and University research. By working to build a comprehensive ecosystem for entrepreneurship, it will help develop a sustainable clean energy future for the Southern Tier.