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Central New York Biotech Accelerator (CNYBAC) is located in an Opportunity Zone "where new investments under certain conditions, may be eligible for preferential tax treatment." CNYBAC is also an affiliate Hot Spot partner through The Tech Garden, Central New York's Regional Hot Spot. As such, The Tech Garden can certify eligible CNYBAC clients for New York Innovation Hot Spot Tax Benefits. CNYBAC also has eligible Start-Up NY allocated space where "new and expanding businesses can gain access to tax-based incentives and innovative academic partnerships."
CNYBAC is owned and operated by SUNY Upstate Medical University - the region's only academic medical center. CNYBAC clients gain access to Upstate clinical and basic science experts, graduate student interns (at a 50% reduced rate), and state-of-the-art CORE Research Facilities and equipment with technical assistance. CNYBAC also offers virtual occupancy for those companies who do not need to reside physically in the incubator space but would like access to expert partnerships, webcast events and mentorship.
Central New York Biotech Accelerator (CNYBAC) is located in an Opportunity Zone "where new investments under certain conditions, may be eligible for preferential tax treatment." CNYBAC is an affiliate Hot Spot partner through The Tech Garden, Central New York's Regional Hot Spot. As such, The Tech Garden can certify eligible CNYBAC clients for New York Innovation Hot Spot Tax Benefits.
CNYBAC also has eligible Start-Up NY allocated space where "new and expanding businesses can gain access to tax-based incentives and innovative academic partnerships."
CNYBAC is owned and operated by SUNY Upstate Medical University the region's only academic medical center. CNYBAC clients gain access to Upstate clinical and basic science experts and centers of excellence, graduate student interns and state-of-the-art CORE Research Facilities.
CNYBAC also offers virtual occupancy for those companies who do not need to license lab space but would like access to expert partnerships, Creation Garage with 3D printing, a phenomenal and vibrant innovation ecosystem, conference room access for meetings, and attend events (virtually or on-site).