Launch NY Newsletter – May 2016

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Launch NY
Vital Startup Guidance for Entrepreneurs
Startup Spotlight
Buffalo Automation Group
5cebdc04-6d41-43f7-814c-38bceb618105Following up last month’s big competition wins for Energy Intelligence, Inc., and Tencar, Inc., Buffalo Automation Group (BAG), a Buffalo company and Launch NY client, has won a second major contest in the past month with a first place in the Information Technology and Software category of the New York State Business Plan Competition. This follows up their first place win at the  2016 Henry A. Panasci Jr. Technology Entrepreneurship Competition. BAG is developing self-navigation technology for ships. “Al Culliton(Launch NY EIR) and the Launch NY team have helped us fine tune our business to the real needs of the market and have been an invaluable source of encouragement” – Thiru Vikram, CEO Buffalo Automation Group.

Geri-Safe

cee2dbac-6303-44c8-a426-7bbf860bd1b2Geri-Safe develops sophisticated safety devices for senior adults. Currently they offer four safety devices, including Medi-Trust, an automated and programmable pill dispenser that drastically reduces possibilities for human error. “Brad Treat(Launch NY EIR) and the Southern Tier Startup Alliance in partnership with Launch NY have provided invaluable support in helping to get our device through the rough prototype phase to a more sophisticated design by assisting with the design process, providing supplies and equipment, and increasing our network capabilities. They truly represent an accelerator program.” –  Robert R. Karpman, MD,MBA Founder and CEO Geri-Safe.

Up Coming Events



May 18, 2016
Demystifying FLSA for Small Businesses
Amherst, NY
11:30 – 1:00 PM

May 18, 2016
The Passenger to Pilot Program
Ithaca, NY
6:00 – 8:00 PM

May 19, 2016
Legal Pitfalls for Startups to Avoid
Binghamton, NY
6:00 – 8:00 PM

May 24, 2016
UVANY Capital Forum Buffalo
5:00 – 8:00 PM
Buffalo, NY


May 25, 2016
Equity Financing with Jack McGowan
12:00 – 1:30 PM
Buffalo, NY

May 31, 2016
Startup Grind Host Christine Bird & Caitlin MacGregor
Buffalo, NY
6:00 – 9:00 PM
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#Launch Hour TwitterChat Tips
Can’t make it to all the ecosystem events? Join us monthly online to learn and share.
#ReInventVC: Supporting Entrepreneurs across the US – April 20, 2016
We’re so pleased WNY has been chosen as one of 16 communities among 40 applicants to be part of VilCap Communities, sponsored by Stave Case’s Rise of the Rest, Kauffman Foundation, and Sorenson Impact Fund. Here’s our #LaunchHour Conversation with Ross Baird and others last month, and to see the full session, click here.
Q2. How can cities outside of the three major tech hubs supports entrepreneurs?
A2. Build on your region’s strengths and create success by connecting to global markets, talent, and money #launchhour (MarnieLaVigne2)
A2. Change the face of venture capital: diversify the pool of investors to better reflect society #launchhour #ReInventVC (@rossbaird)
A2. Find comparative advantages. Cultivate them. Sectors you build & unique culture & community strengths you invest in #launchhour (@RobLalka)
Q6. How does the VilCap Communities program help your community support entrepreneurs?
A6. @VCcommunities is bringing #peerranking to #Milwaukee. Look at your start-up with an investor’s lens. #ReInventVC #launchhour (@ScottFMosley)
A6. Provides structured programming/mentoring, helping entrepreneurs hone their value prop & build network #launchhour (@Invest_BN)
A6. @villagecapital provides access to all #startups & #founders with an #innovative idea #launchhour
For our full archive, click here.

Resources
Is Launch NY a fit for you?
Launch NY provides entrepreneurs experienced mentoring using best practice processes and connections to specialized resources both in and beyond the Upstate NY ecosystem.Thus preparing you to compete for and win the funding and additional resources needed to move forward. Apply Now! >

Entrepreneur Toolkit 
The toolkit is a set of templates and links designed to help start, launch and grow your business in upstate New York.
Check it out here >

5 Business Stages – Where are you?
Each stage contains critical deliverables for moving forward. Starting with the Explore stage, see where you are on the path to success.
Find out here >
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EIR Introduction
Meet Manoj Poolery
Western NY Region

Manoj, who joins us from Columbia University, has years of entrepreneur education experience. He is the Founder and CEO of M-Phi Innovators, a specialized technology service company. At a prior tenure, Manoj was the Director of Technology, Business Development and Entrepreneurship at Center for Computational Learning Systems at Columbia University. He specializes in entrepreneurship, multi-year strategy development, budgeting technology direction and project proposals. Manoj holds a Masters in Technology Management from Columbia University, Masters in Computer Applications and a Bachelors in Physics from Calicut University, India. To learn more about Manoj and our other EIRs, please visit http://launchny.org/team-bios.html.

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We appreciate your interest in our work and mission, and we are always eager to share our vision with those who just want to learn more about the “entrepreneurial ecosystem.”

Please feel free follow us on our social media channels or explore our website, and refer others interested in our organization and services.

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