New York Governor Andrew M. Cuomo today announced that 13 additional businesses will expand or locate in the state under the START-UP NY program that creates tax-free areas sponsored by colleges and universities across the state.
The 13 businesses announced today are projected to invest more than $11.4 million and have committed to creating at least 268 new jobs in tax-free areas sponsored by Canisius College, Keuka College, Stony Brook University, SUNY Downstate Medical Center, SUNY Ulster, and the University at Buffalo, according to a news release issued by the governor’s office.
This brings the total number of businesses participating in START-UP NY to 55 firms, which have made commitments to create more than 2,100 new jobs and invest more than $98 million across the state, the release stated.
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The START-UP NY businesses expanding in or locating to the Empire State will create jobs in several industries, including biotechnology research and development, advanced manufacturing, education technology, data processing, hosting and services, security systems services, and software development, according to the governor’s office.
In the Finger Lakes region, a company called Sensored Life, LLC will locate in the Keuka Business Park (near Keuka College in Penn Yan) and create 17 net new jobs while investing $140,000, the news release said.
Sensored Life is a designer and manufacturer of MarCELL, a home-monitoring device for monitoring temperature, humidity, power, and water leaks. It uses the surrounding cellular network to return data to its servers — no phone line or Wi-Fi connection is needed. The company says it is ready to take the product and service to the market and is looking to add employees, including software engineers, hardware designers, customer-service personnel, and warehouse workers, the governor’s office said.
The 12 other businesses recently approved to participate in START-UP NY are: FlightPartner; GradFly, Inc.; ID Federator, LLC; Illuminating Diagnostics, LLC; Mid-Island Aggregates/Distribution, LLC; NomoCan Pharmaceuticals, LLC; Nuenz, Inc.; ProGen Life Sciences; Simply Natural Clothing; Sustainable Waste Power Systems, Inc.; UTS, LLC; and Zuznow USA, Inc.
To date, 61 schools have been approved for START-UP NY, establishing more than 345 tax-free areas for new or expanding businesses to operate on or near the college campus. Each school’s approved START-UP NY plan is available at www.startup-ny.com.
Contact The Business Journal News Network at news@cnybj.com
