BUFFALO, N.Y. – Four more companies affiliated with the
University at Buffalo have been approved for START-UP NY, the
innovative economic development program created by Gov. Andrew M.
The companies — which will relocate to, start up or expand
on or near UB’s campuses — expect to create 130 jobs
and invest $5,175,000 million in the region during the next five
years. Each company has ties to the university’s academic and
research strengths, and each will collaborate with UB faculty
researchers and students, and offer internships, scholarships or
jobs to students.
“The addition of these companies to START-UP NY is further
affirmation that this innovative program led by the governor is
thriving in the Buffalo Niagara region,” said UB President
Satish K. Tripathi. “The program is bringing talented
professionals to our region and providing opportunities to those
already here. It is a terrific benefit to UB’s academic
START-UP NY stands for SUNY Tax-free Areas to Revitalize and
Transform Upstate New York. The statewide program aims to spur
economic development by enabling universities to identify areas
where new and expanding businesses can operate for 10 years without
paying New York State business, corporate, income, sales or
property taxes, or franchise fees.
Since Cuomo announced the program, 24 companies (including the
four announced today) have agreed to move to or expand in the
Buffalo Niagara region and work with UB to further their
The four newest companies are:
- GradFly – An existing company that has developed
Web and mobile platforms for science, technology, engineering and
mathematics (STEM) students to create and showcase digital
portfolios, allowing them to document and manage their projects in
a single location. The company, which expects to create 15 jobs and
invest $45,000, will open an office in the Thomas R. Beecher
Innovation Center on the Buffalo Niagara Medical Campus. The
company will continue to offer internships to students from
UB’s Department of Computer Science and Engineering and will
collaborate with UB’s Center for Advanced Biomedical and
Bioengineering Technology and the School of Management.
- ID Federator – A startup company that provides
hosted Identity and Access Management (IAM) services and a hosted
social login IAM service called Chameleon Identity to website
owners. These products, which enable businesses to manage
electronic identities, are designed to increase security and
productivity. The company, which expects to create 43 jobs and
invest $75,000, will open an office in UB’s Gateway Building
downtown. The company plans to offer internships, hire UB graduates
with Web design skills, and collaborate with UB’s Center for
Relationship Marketing, the Center for Unified Biometrics and
Sensors, and the Center for Computational Research.
- Illuminating Diagnostics – A startup company
developing novel diagnostic tests to allow doctors to rapidly
detect microbial pathogens. The company, which expects to create 32
jobs and invest $1.2 million, will open an office in the
Biosciences Incubator at UB’s Clinical and Translational
Research Center on the Buffalo Niagara Medical Campus. It will
offer internships and expects to hire UB graduates.
- Nuenz Inc. – A subsidiary of New Zealand-based
Nuenz Ltd., this company manufactures nanofiber materials that make
other materials stronger, lighter and durable. Its products can
enhance the performance of metals, ceramics and polymers. The
company, which plans to open an office in UB’s Baird Research
Park in Amherst, expects to create 40 jobs and invest $3.8 million.
It will offer internships to students from the School of Management
and the Department of Mechanical and Aerospace Engineering. It will
collaborate with UB’s South Campus Instrument Center and
other research centers.
Editor's note: Illuminating Diagnostics and Nuenz Inc. are no
longer affiliated with START-UP NY.