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State Focus: New York – Accelerating Biotech Innovation In The Empire State

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The Innovate NY Fund is a seed stage business equity fund with up to $47 million to support innovation, job creation, and high growth entrepreneurship throughout the state. Innovate NY funding may not exceed $500,000 per investment or $750,000 in the case of any individual biotechnology related company. Celmatix Inc.,

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Renewable Energy: The Power Of Change

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35 Mules, powered by FPL, is an innovation hub helping startups in the energy, water and energy-adjacent industries bring their ideas to life faster, smarter and at scale. In 2020, the company opened a first-of-its-kind innovation hub called 35 Mules. GREATER ROCHESTER, NY DELIVERS REAL POWER FOR ENERGY INNOVATORS. Photo: FPL).

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FEATURE STORY: Logistics Clusters Are Jobs Magnets

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These include transportation carriers of all kinds, as well as warehousing, distribution, third-party logistics services, manufacturers’ operations, retailers and distributers who may have their own distribution centers. Sheffi is a professor of Engineering Systems and director of the MIT Center for Transportation and Logistics (CTL).

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LOCATION FOCUS: United It Stands

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New York State’s 54,556 square mile geography is divided into 10 economic regions (according to Empire State Development)—Western New York, Finger Lakes, Southern Tier, Central New York, North Country, Mohawk Valley, Mid-Hudson, Capital District, New York City and Long Island.

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Location Focus: New York – The Empire State Leverages Its Strengths

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The program transforms State University of New York (SUNY) campuses, private colleges and universities, and university communities across the state into tax-free zones for new and expanding businesses. ?Business Just next door to Long Island MacArthur Airport is Foreign Trade Zone (FTZ) #52.

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Logistics: No Drivers Needed

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A major logistics trend on the rise is autonomous road transportation—no drivers needed. Autonomous forklifts and robot arms load, unload and transport goods within the warehouse area, connecting to one another and forming flexible conveyor belts. By the BF Staff. From the September/October 2017 Issue.

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INDUSTRY FOCUS: More Than Just Production And Plating

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Food processing also increases the seasonal availability of many foods and enables transportation of perishables across long distances, creating more diverse food opportunities. In addition to locating close to their suppliers and markets, transportation is another key factor in selecting a site.