Start-Up NY is a new program designed by Governor Cuomo to attract businesses from all over to relocate, start up or expand in New York State through affiliation or partnership with public and private universities, colleges and community colleges. The program allows businesses to operate on or near academic campuses tax free for ten years and is intended to promote entrepreneurialism and create jobs. The Cornell Agriculture and Food Technology Park is part of Start-Up NY as one of the campuses businesses can operate under Governor Cuomo’s program.
The Technology Park is a financially self-sustaining entity whose mission is to foster the creation, retention and expansion of agriculture, food and biotechnology research enterprises. The Technology Park is flexible enough to support companies that are all different and unique working to promote agriculture and food in New York State.
The current building is home to many start-up companies using the space to conduct research and development, production trials, and even full scale production for delivery to large box stores. The Park’s 72 acre campus currently has many unoccupied shovel ready building sites. It is time for the Park to add new buildings to these very desirable sites located on the campus. Now that the Cornell Agriculture and food Technology Park is part of Start-Up NY, it is ready to grow, build and connect.
The Park’s campus is located near the Food Venture Center and The Agricultural Experiment Station of Cornell University allowing the tenants access to Cornell’s research and agricultural assets. The Experimental Station works to safeguard New York’s production of fruit and vegetables, develop new crops, enhance food safety for customers, and promote economically viable farming solutions. The Technology Park collaborates with Cornell in an Intellectual Property Advantage Zone. For both entities this allows for commercialization and private ownership of intellectual property, assistance with identifying financing, potential investors and other business services, access to Cornell’s library system, as well as recruitment opportunities.
To be eligible for Start-up NY a business must support the mission of the college or university they wish to partner with. The enterprise needs to be a new business in New York State, a company relocating to New York, a company that is expanding, or a graduate of an incubator to participate in Start-Up NY. The company must also not be located in an area where they compete with local businesses. To be eligible to be part of the Technology Park the company must have some affiliation with agriculture or food.
If you are a business looking to join Start-Up NY go to http://startup-ny.com/. You will find the application form under “Eligibility” follow the application procedure. After your application to Start-Up NY is completed you can download an application to the Technology Farm at: http://thetechnologyfarm.com/become-a-tenant/. Send the application to Susan Noble at either email@example.com or mail it to: The Technology Farm Cornell Agriculture and Food Technology Park 500 Technology Farm Drive Geneva, NY 14456.