The first wave of the START-UP NY program is announced and Governor Andrew Cuomo says it will have a big effect on Western New York.
Twelve companies have signed on for the initial phase of the program which creates tax free zones around colleges for 10 years.
He says it will be result in about 400 jobs for the first four sites. They’re mostly companies in the biotechnology, advanced manufacturing and high-technology research fields. There’s also a mix of New York State and local companies expanding, as well as some new businesses.
The governor says 204 jobs are expected to come to the University at Buffalo and 77 to RIT.
The other 114 new jobs are coming to two other colleges as part of the initial phase: Cornell University and SUNY Downstate Medical Center.
Here are the companies set to take part in WNY, via the governor's office:
University at Buffalo: 204 new jobs
Aesku NY, Inc. is a spin-off of AESKU.DIAGNOSTICS, based in Wendelsheim, Germany, a research-focused supplier of innovative and efficient products and services for the early detection, diagnosis and prognosis of autoimmune diseases. The company will be new to New York State and locate at the University at Buffalo downtown campus (Gateway Building). The company is also part of NY Genomic Medicine Network, and will invest approximately $1.8 million.
ClearView Social, Inc. is a development stage software company that is developing a social media application for the legal services community. Clearview is currently operating in the University of Buffalo’s Z80 Lab at One News Plaza and will be expanding to the University’s Gateway building. The company will invest approximately $925,000.
CoachMePlus (Virtuvia, LLC) is a development stage software company that has developed a web-based application aimed at helping coaches and trainers organize data they collect about their athletes. CoachMePlus, currently operating at the University at Buffalo’s Z80 Lab at One News Plaza, will be expanding to the University’s Gateway building. The company will invest more than $575,000.
Decision Pace, Inc. is a software development company that provides data analytics web software to medium to large businesses that allows for immediate and high-value visualization of company information. Decision Pace is a graduate of the University of Buffalo’s Z80 Lab at One News Plaza and is expanding to the University’s Gateway building. The company will invest approximately $370,000.
Heads Up Display, Inc. is an early stage high-technology company that creates products to enhance industrial safety; the company engineers hardware devices and develops software that will provide additional layers of protection for employees that work in dangerous environments. Heads Up is a new business locating in the Z80 Lab at the University of Buffalo’s One News Plaza.
Lineagen, Inc. is a biotechnology company that is focused on commercialization of diagnostic testing methods for identifying genetic variations known to be associated with autism spectrum disorder and other developmental delays. The company will expand its test to improve personalized medicine in the areas of drug suitability for multiple sclerosis patients and deterioration rates for chronic obstructive pulmonary disease; and is a new business that is locating at the University at Buffalo’s downtown campus (Hauptman Woodward Institute). The company is also part of the NY Genomic Medicine Network and will invest approximately $55,000.
Nupur Technologies, LLC, is a research and development medical device company that is developing a device to clear blockages in the ear. The company is a new business that is locating at the University at Buffalo’s Baird Research Park. The company will invest more than $860,000.
Sinapis Pharma, Inc. is an emerging pharmaceutical company that is developing a novel drug for the treatment of traumatic brain injuries (TBI) and strokes. Sinapis is a new business that will be locating at the University at Buffalo’s Center of Excellence in Bioinformatics. The company will invest approximately $600,000.
Rochester Institute of Technology: 77 New Jobs
Datto, Inc. is a high-tech provider of hardware-based, on- and off-site backup, disaster recovery and intelligent business continuity solutions to the Managed Service Provider channel. Datto's products and services enable businesses of all sizes to mitigate downtime in the event of catastrophic event, including natural disasters, emergencies, technical failures, or other negatively impacting circumstances. The company is new to New York State.