Incubators serve a critical role in developing technology and science grounded in the work of institutional faculty as well as provide entrepreneurial ventures with the supports necessary to successfully launching innovative programs and services. The Consortium boasts the highest volume of SUNY incubated businesses in New York State!
Research shows businesses graduating from an incubator significantly increase their probability of long-term success. We provide our client entrepreneurs with the support, infrastructure, resources, guidance, and expertise necessary to successfully launch a new business. This site gives you an overview of these services and how you can get started growing your own business.
Emerging businesses face considerable challenges when bringing a new product or service to market. History shows that start-ups have a significantly higher success rate when they have an established partner to provide assistance.
The UB Technology Incubator, located in the Baird Research Park, supports the creation of new technology-based businesses by providing affordable business services to entrepreneurs. Since its inception in 1988, the program has assisted more than sixty tenants and graduates, boasting a 75 percent survival rate. Aggregate employment by those companies is 455 people, and annual revenues exceed $60 million.
The business incubation program provides assistance in four main areas:
Flexible rental terms for office and wet laboratory space
Administrative support services
General business assistance in the form of coaching, counseling, mentoring and networking
Access to UB resources, facilities and purchasing power