Q. How can a company submit a START-UP NY business application to Cornell?
A. We ask that interested companies first provide us with the following information, see below, which helps us to better understand your company and see if it would be a good fit at Cornell and in the START-UP NY program. Those interested should email Caitlin Schickel at firstname.lastname@example.org.
a. A brief description of the business
b. A description of the academic alignment you have with Cornell
c. Job creation numbers for the next 5 years
d. The type of facility you would need for your business
Q. Can a startup company qualify for START-UP NY?
A. Yes. That said, START-UP NY is a tax-incentive program focused on job creation and is aimed at existing and mature companies that are expanding or companies coming here from outside of New York State. There are many opportunities and programs designed to support business in NYS, click here to learn more and connect with Empire State Development.
Q. Is Cornell participating in START-UP NY in New York City?
A. Not at this time, but if you are interested in learning more about opportunities in the New York City area click here. If you’re a startup interested in connecting with Cornell Tech we encourage you to click here to learn more about opportunities on Roosevelt Island.
Q. Which properties have been designated in the Campus Plan?
A. The complete list of designated buildings and land can be found here. Some of the properties included on this list are located in the Cornell Business & Technology Park and in the Tech Farm, in Geneva. Including private property outside of Cornell’s campus is a possible, but would need to be within 1 mile of campus. Additional property can be added through amendments to the Campus Plan, which would be subject to public comment and approval by Empire State Development.
Q. Is Cornell participating in START-UP NY through the public or private process?
A. Cornell has chosen, with the approval of SUNY and the Empire State Development, to participate in the START-UP NY program through the public process in Upstate NY.
Q. What types of businesses are eligible to participate in Start-Up NY?
A. For a comprehensive list of business eligibility requirements and list of businesses that are NOT eligible for START-UP NY, click here.
Q. What is academic alignment?
A. The START-UP NY regulations provide a definition of academic alignment, and Cornell as a participating university will need to define and attest to academic alignment of companies it recommends to the program. Areas of potential academic alignment to Cornell’s academic mission include:
a. Research: companies commercializing research from Cornell or other academic institutions, or companies with commercial interests that can be furthered by partnerships with Cornell researchers.
b. Experiential learning: connections between employers and students from Cornell educational programs at the undergraduate and graduate level, where internships, externships, and co-ops provide experiential learning opportunities for Cornell students.
c. Use of shared facilities: companies that have use for one of Cornell’s many shared research facilities programs.
d. Regional economic development: companies that help ensure a diverse and thriving local and regional economy, providing employment opportunities for Cornell students and Cornell staff and faculty spouses and partners. Cornell plans to collaborate with academic and commercial institutions throughout the Southern Tier Region and State of New York as a whole, so as to fully realize the potential of the START-UP NY program. Collaborations with SUNY institutions are paramount to economic development in the region.