Central New York Biotech Accelerator (CNYBAC) is an off-campus accelerator serving for-profit startup companies who are actively commercializing a biotech-related product or service. CNYBAC is owned and operated by SUNY Upstate Medical University - the region's only academic medical center and is located off-campus but in close proximity to Syracuse universities and hospitals.
CNYBAC on-site clients license space in our wet labs and are able to collaborate with Upstate’s clinical and basic science faculty and access state-of-the-art CORE Research Facilities. CNYBAC also offers virtual client tenancy for those companies who do not need full-time wet lab work space but would like to connect with commercialization partners and utilize the CNYBAC Creation Garage maker space with 3D printing/spools/trays and CAD software. All clients gain matched services within a vibrant innovation ecosystem, conference room access for meetings, and attend events.
CNYBAC is located in an Opportunity Zone "where new investments 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."