This document discusses plans to open a new manufacturing incubator and accelerator in the Southern Tier region to stimulate business and job growth. It will provide flexible workspace and shared resources to help startup companies expand. The incubator aims to build on existing programs in Corning and Alfred and partner with local colleges. It will offer benefits like the START-UP NY program. Reconstruction is slated to begin in summer 2015 with the first phase opening in August 2016, providing wired office and lab spaces up to 10,000 square feet for manufacturers and entrepreneurs. The ultimate goals are to encourage skilled, well-paying jobs and collaborate with economic development partners across the region.

2. What Do You Need to Incubate
Business Startups?
(www.backyardincubator.com)

3. Why?
• We need to stimulate manufacturing in the Southern Tier
• This will be the only manufacturing focused incubator in
the region!
• We need to encourage well-paid skilled jobs that stay in
the area
• But growth for small companies is difficult
– Lack of resources and support systems
– Lack of right-sized, right-priced space
– Access to programs
• Incubator tenants with access to support systems have a
higher chance of success than non-incubator tenants

4. How?
Incubator + Accelerator =
• Incubator
– A flexible space where companies can grow their
business and then graduate, typically in 3-5 years
• Accelerator
– Provides resources to help companies grow
• Access to State and other programs e.g. Start-Up NY,
Hot Spot
• Mentoring, training, access to investors, entrepreneurs
in residence…

5. How?
• Build on existing Ceramic Corridor expertise
– Incubators in Corning, NY and Alfred, NY
– Biggest demand- manufacturing space
• Build on Southern Tier Start-Up Alliance
– Programs, EIRS, existing relationships
– Also access to Western NY Innovation Hot Spot
• Build on Hot Spot and STARTUP-NY links
– Corning Community College, Alfred State College,
Alfred University
• Build on collaboration with Chemung County and STEG

6. 1997 - Ceramics Corridor Innovation Centers -
How it All Began
• Alfred Technology Resources Inc.
(ATRI) founded to encourage Southern
Tier economic development through
incubation
• Painted Post (Corning)
– 40,000 sq. feet including high bay
• Alfred
– 30,000 sq. feet including high bay
• ROI since founding 25 years ago
– 2400+ jobs, $90+ in economic activity
for every $ spent by NYS

7. 2015 – No Longer Just The Ceramic Corridor!
• Our incubator system is now home to advanced
manufacturing startups
• Much more than ceramics
• The new name reflects the new reality

8. • Flexible manufacturing space—from 1,000 to
10,000 square feet, total 47,000.
– High bay space—20‘ to nearly 40’—1,000 to 8,000 sq. ft.
– With office space sized to your needs
– Lab spaces also available
– Shared resources will include cloud conferencing facilities,
loading docks, break room and collaborative spaces
– Utilities
• Gas, electric, air, IT
7/1/2015

9. Who?
• Companies
– Start-ups beyond the earliest stage who want to expand –
coming from:
• Universities
• Out of state
• Early stage incubator graduates needing additional manufacturing
space
– Existing businesses who want to expand without expanding
their facilities or committing to long term leases
– Individual entrepreneurs
• Tax advantages
– STARTUP-NY and Incubator Hot Spot

10. Our Partners - Who Make this Possible
• Chemung County IDA
• Southern Tier Economic Growth
• Chemung County
• Empire State Development
• NYSEG
• NYSERDA
• Southern Tier Regional Business Council
• Southern Tier Central Regional Planning Board
• Appalachian Regional Commission
• Town of Big Flats
• And many, many local supporters

11. Plus Western Region Hot Spot led by UB

12. The Hot Spot Concept

13. When?
• Phase 1 - 2015-2016
– Announcement today and “before” tours
– Reconstruction to start Summer, 2015
• Wiring, A/C, high speed internet, lighting, decoration,
new entry, cloud conferencing center
– Phase 1 completion target August, 2016
• Phase 2 - 2016-2017
– Makerspace
– Further build out to meet client needs

14. Like Us on Facebook
https://www.facebook.com/IncubatorWorks