Funding & Incentives

Helios NRG entrepreneur checking his gas pipes.

Start-up companies like Helios-NRG — focused on algae and bio-technology — often look to multiple funding sources in their early stages.

We are here to help you achieve your goals and take your ideas to the next level. This page lists some of the programs and resources that are available to help you access the funding and incentives you need at every stage of your business.

For Faculty & Students

Buffalo Innovation Accelerator Fund

The Buffalo Innovation Accelerator Fund is a technology commercialization accelerator fund administered by the University
at Buffalo and supported by Empire State Development. UB and its partner institutions continue to build a comprehensive hub for innovation and entrepreneurship.  This is one of many initiatives.

This fund supports commercializing the discoveries and inventions of UB faculty, and is used to finance prototype development, proof-of-concept studies and other research that will advance UB faculty inventions and translate them into useful products and treatments to benefit society.

The Bruce Holm Memorial Catalysts Fund is fully invested in projects.  No new projects are being funded at this time.  However, a portion of future licensing revenues will be used to replenish the Holm Fund.

This competition gives UB students from science, technology, business and other disciplines the opportunity to maximize their potential and create viable businesses in Buffalo Niagara.

Attention Faculty

You may be eligible for industry related programs if you do research or consult with a company.

For Industry

UB SWIFT Preferred Licensing

The university has created UB SWIFT to reduce the transaction time and lenthy negotionations frequently involved in the standard licensing process of faculty-generated intellectual property.

Set up a new business, expand, or relocate to New York State and you, your employees and your company could pay no state taxes for 10 years.

The University at Buffalo Center for Advanced Biomedical and Bioengineering Technology (UB CAT) operates within the New York State Center of Excellence in Bioinformatics & Life Sciences (CBLS), providing opportunity and infrastructure linking academic research with commercial interests. UB CAT provides project cost-share support for R&D activities involving a company and a UB researcher with clear project deliverables that have significant potential for economic impact.

Buffalo Innovation Seed Fund

The Buffalo Innovation Seed Fund is an early-stage, evergreen venture capital fund dedicated to funding and growing the next generation of outstanding businesses in Buffalo.

Committed to cultivating strong and sustainable businesses, TCIE connects the University at Buffalo School of Engineering and Applied Sciences with public and private businesses, enabling them to survive and thrive. TCIE provides results-oriented technical assistance, consulting and training for sustainable operational improvements.

SPIR fills a critical gap in existing State industrial assistance programs by providing technically advanced multidisciplinary assistance, helping companies improve market posture, employee retention and job creation.

SBIR / STTR - America's Seed Fund

SBIR: The Small Business Innovation Research (SBIR) program is a highly competitive program that encourages domestic small businesses to engage in federal research/research and development (R/R&D) that has the potential for commercialization. The SBIR funding program is structured in three phases.

STTR: The Small Business Technology Transfer (STTR) is another program that expands funding opportunities in the federal innovation research and development (R&D) arena, bridging the gap between basic science and commercialization of resulting innovations. It requires the small business to formally collaborate with a research institution in Phase I and Phase II.

Partner Programs