Help for Start-ups from Innovation Hot Spot at Clarkson University





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Published on Feb 3, 2014

The Shipley Center for Innovation at Clarkson University is administering a $250,000 Innovation Hot Spot award to advance technology transfer and support all aspects of start-ups and expansion in New York State's North Country.

The North Country is one of only five New York State Regional Economic Development Councils that was awarded a Hot Spot through New York State Governor Andrew M. Cuomo's Regional Economic Development Council initiative.

The North Country's Hot Spot will use a scalable model that already has a track record of success at Clarkson through its Center for Advanced Materials Processing, Reh Center for Entrepreneurship and Shipley Center.

Based on the model of the original Silicon Valley, the Hot Spot will look for existing talent and enable infrastructure to grow around it. It will utilize a hub and spoke approach that will leverage SUNY schools, community colleges, and independent colleges and universities throughout the region, in addition to economic development partners, to maximize its footprint and impact to local entrepreneurs in their own communities.

The Shipley Center on Clarkson University's campus will serve as the hub with external offices strategically located in Plattsburgh, Massena, Watertown, Ogdensburg and Saranac Lake, N.Y.

The Shipley Center has already built the supporting infrastructure to service entrepreneurs including rapid prototyping, intellectual property identification and protection, seed funding, accounting, business model generation, market research, branding and staffing.

The Innovation Hot Spot will also serve as a funnel to direct successful businesses into New York State's START-UP NY program, which gives start-ups the opportunity to operate tax-free for 10 years on eligible campuses and spaces in New York State.

Read more at http://clarkson.edu/news/2013/news-re... .

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