New York State Business Incubator Program

IncubatorWorks (IW) a 501(c) 3 independent nonprofit, operates two incubator facilities, one in Corning NY in the Southern Tier REDC (STREDC) , and one in Alfred, NY in the Western NY REDC. This application is for the Corning incubator with STREDC. IW will continue its programing serving Chemung, Schuyler and Steuben counties and expand the opportunities for entrepreneurs to receive support as they develop their ideas, create startups, and launch them. Since 2019, IW has developed an entrepreneurial community and a network of resources to support those entrepreneurs. During that time, 98 participants have completed the program of which 80 are in the Southern Tier REDC. Of these entrepreneurs, 31% are BIPOC, 58% are women and 3% are veterans. In addition, IW, as part of the New Energy New York (NENY) coalition headed by SUNY Binghamton, has leveraged this grant with local funding for an expanded incubator location in Downtown Elmira, to expand services for underestimated high school students in Elmira, to expand entrepreneurship programming from its accelerator program and new business planning workshops offered twice each year.
Program Name:
New York State Business Incubator Program
Agency ID:
ESD
Applicant Name:
Alfred Technology Resources Inc dba IncubatorWorks
Region:
Southern Tier
County:

Chemung,Schuyler,Steuben

CFA Number:
129042
Round Number:
13
Award:
$625,000

Project Status:
GREEN
Anticipated Completion Date:
 
PROJECT STATUSES
Blue - Complete Green - On Schedule Yellow - Progressing Slowly Red - Concerns Pending Orange - Contract Not Executed Black - Cancelled/Declined