Archive for March, 2010

Attendance at intellectual property seminar a sign of things to come in O.C.

March 29, 2010

Hello to entrepreneurs and innovators of Orange County and the greater Hudson Valley. Enterprise Development Director Peter Gregory here for the Accelerator. This past week we held our third installment of the Entrepreneur Knowledge Series, Fundamentals of Intellectual Property. If the attendance at this event is any indication of things to come in Orange County, then the Accelerator envisions great growth in our area for the venture businesses community.

From L to R: Management Resources LTD Director of Investigations Robert H. Rahn, OCBA Enterprise Development Director Peter J. Gregory, MR Investigative Analyst Kim Anklin, Julia Goings-Perrot, Esq. of Tarshis, Catania, Liberth, Mahon & Milligram, PLLC and Tracy Jong, Esq. pose for a photo during a seminar on intellectual property and patent protection on Wed., March 24. Over two dozen attorneys and other businessmen and women from around the Hudson Valley attended the monthly Entrepreneur Knowledge Series event held at the Accelerator’s offices in New Windsor, N.Y.

Two parallel events lead by Julia Goings-Perrot, Esq. of Tarshis, Catania, Liberth, Mahon and Milligram and Tracy P. Jong, Esq. of Rochester, NY brought valuable insight to dozens of legal professionals and entrepreneurs in the region. This valuable topic will be revisited frequently in the future at OCBA education events.

For our noon “Pro” series event, over two dozen attorneys registered for the Continuing Legal Education event- a strong sign of regional interest in one core strength that all companies must exhibit. Our evening Open Business Community event was also well-attended, where many venture companies in the region received a breadth of knowledge on the topic of Patents, Trademarks, and Copyrights.

We’ve seen the attendance steadily increasing at every event and the amount of pre-registered attendees is also growing. Come out and network with the entrepreneurs like you, and watch for coming events on the Events page of the OCAccelerator.com. You can also subscribe to these blog postings and see news announcements by seeing our Newsroom panel on our home page and clicking “Read All OCBA News”.

In providing the monthly education series, the Accelerator has been satisfying an unmet need here in the County for professional education seminars, classes and forums specifically for the aspiring entrepreneur. With national economists projecting an economic turnaround, business owners from all walks of life are turning to the Accelerator for guidance.

This call to action is helping the Accelerator bring existing companies together with early-stage innovators in an equation that is poised accelerator their success.

Join us for our next Entrepreneur Knowledge Series event on Wed., April 28 when we discuss Corporate Responsibility and Going Green with Perry Goldshein, founding partner at S Dialogue, a global sustainability communications agency. Stay tuned for more information as the Accelerator builds this unique opportunity!

Orange County Business Accelerator Hosts Seminar on Patent Protection and Intellectual Property

March 25, 2010

From L to R: Management Resources LTD Director of Investigations Robert H. Rahn, OCBA Enterprise Development Director Peter J. Gregory, MR Investigative Analyst Kim Anklin, Julia Goings-Perrot, Esq. of Tarshis, Catania, Liberth, Mahon & Milligram, PLLC and Tracy Jong, Esq. pose for a photo during a seminar on intellectual property and patent protection on Wed., March 24. Over two dozen attorneys and other businessmen and women from around the Hudson Valley attended the monthly Entrepreneur Knowledge Series event held at the Accelerator’s offices in New Windsor, N.Y.

Management Resources LTD Director of Investigations Robert H. Rahn informs attendees on the resources his company offers.

Julia Goings-Perrot, Esq. of Tarshis, Catania, Liberth, Mahon & Milligram, PLLC talks to attendees recently at OCBA's patent and intellectual property seminar.

OCBA Enterprise Development Director Peter J. Gregory talks business with Entrepreneur Knowledge Series event attendees.

Life Sciences firm picks the Accelerator

March 22, 2010

The Accelerator has yet to complete Phase II of its 10,000-square-foot Class A high-tech research and development space, but it has already signed its first inhabitant- a life sciences national cancer research firm looking to headquarter its company in Orange County.

CymoGen Dx, named for its mission to provide state-of-the-art cytomolecular genetics diagnostics, is a national provider of advanced tools for monitoring cancer cells. As a matter of fact, its latest endeavor includes the creation of equipment able to detect cancerous cells in DNA, whether the cells are dead or alive- a breakthrough in genetics research.

The cancer research firm will be opening its national headquarters at our facility at New York International Plaza, Stewart Airport in New Windsor as a supplement to its west coast research facility in Burbank, Ca. CymoGen will be utilizing the Accelerator for market research Vice President Peter Hartmayer is dedicated, upon graduating from the Accelerator, to open a 5,000- to 8,000-square-foot facility in Orange County and hire up to 25 area residents.

We are very excited to see a high-tech healthcare-focused firm seek the competitive advantage the Accelerator offers. CymoGen Dx provides great tools for diagnosis of early cancer and other genetics-based disorders, and we’re looking forward to help the firm in advancing its mission. This marks the fifth early-stage startup to take occupancy here in less than five months!

Economic forecast for the Accelerator looking positive!

March 15, 2010

The Accelerator has been marketing its 10,000 square feet of Class A high-tech research and development space since its inception in October. At that time, we had completed Phase I construction, consisting of 6,000 square feet. Now, with applicants steadily flowing in to tap into the Accelerator’s competitive advantage, we are ready to build out Phase II – nine months ahead of schedule.

In the first week of March, construction on Phase II – the additional 4,000 square feet of space – commenced far ahead of the 4th quarter time frame initially projected. When completed, there will be seven additional office and innovation suites, two of which are soon to be occupied by clients soon to locate within the Accelerator.

Raymond Yannone, Jr., President of Storm King Building Company, general contractors for Phase II construction at the Accelerator, goes over building plans with Orange County IDA Chairman James R. Petro, Jr. and OCBA Managing Director Michael J. DiTullo.

Our marketing and networking efforts have proven to be beneficial in our quest to seek out early stage entrepreneurs and innovators in several clusters and help them drive down the risks of doing business. The interest of the community in Orange County has also been a thrusting force in our success.

Thanks to all of the optimists, idealists and visionaries for believing in our mission. Who would have thought full capacity within one year of opening could be a possibility? The economic forecast today looks like opportunity with a great chance of success.

ORANGE COUNTY BUSINESS ACCELERATOR INTRODUCES ASSOCIATE CLIENT PLAN

March 11, 2010

New Windsor, N.Y. – March 10, 2010 – Orange County Business Accelerator (OCBA) is proud to introduce the Associate Client Plan for entrepreneurs who wish to utilize the Accelerator’s vast wealth of services without the need to lease space at its offices.

The Associate Client Plan offers all of the advantages of full resident services, including use of its high-tech conference room, mailing address and access to its vast network of advisors, along with the numerous other services the Accelerator offers. This platform allows for entrepreneurs to embrace the Accelerator’s competitive advantage without the need to lease space at its New Windsor-based offices.

Michael J. DiTullo, managing director at OCBA, said, “This new program allows us to help drive down risk for these entrepreneurs while they grow and prosper from their hometown… This is truly homegrown business. It’s just a new way for the Accelerator to create jobs and wealth and foster entrepreurial spirit in Orange County.”

James R. Petro, Jr., Chairman of the Orange County Industrial Development Agency, added, “This program is a great way for us to reach out to entrepreneurs who already have their own office space, but who still desire our unmatched support services like access to capital, advisor networks and a great meeting space for clients and business partners. It allows the Accelerator to expand its reach and help spur job growth in Orange County.”

The Accelerator rolls out Associate Client Plan

March 8, 2010

The Accelerator has been open for business for less than 120 days, yet we have already signed four early-stage innovators. Involved in high-tech sectors, such as renewable energy, health sciences and aquaculture, these firms are projected to employ 60-100 Orange County residents within 36 months. As a matter of fact, the Accelerator has grown so quickly since its inception last year, that we will begin Phase II build-out this week.

Additionally, early reconnaissance efforts have indicated numerous entrepreneurs and aspiring business owners operating from home also desire the competitive advantage of an affiliation with the Accelerator.

As a result of this increased demand, the Accelerator has decided it is time to roll out an Associate Client Plan. This platform affords start-ups use of our high-tech conference room, our mailing address and access to our vast network of advisors, along with the numerous other services the Accelerator offers without having to lease space at our offices.

This new plan allows us to help drive down risk for these entrepreneurs while they grow and prosper from their hometown… This is truly homegrown business. It’s just a new way for the Accelerator to create jobs and wealth and foster entrepreural spirit in Orange County.

Look for more information on the Associate Client Plan at our website, www.ocaccelerator.com

Weekend storm unveils strength of cloud computing

March 1, 2010

On Wednesday, Feb. 24, the Accelerator hosted a seminar on cloud computing, a cutting edge technology that utilizes virtual clouds over the internet where businesses can store pertinent information like software and files. Little did we know a major winter storm would immediately follow the next day, further proving its advantage.

For those business owners who have already seen the light in using such a progressive form of information storage, the snow storm that prevented hundreds of thousands of people across the Northeast from getting to work on Thursday and Friday didn’t affect them all that much. These business owners, entrepreneurs and employees had remote access to all of their files and software either at home or maybe the nearest library or town hall.

The others, though, were left literally in the dark.

The decision-makers in those businesses had all of their information stored on hard drives and servers within their offices, making it difficult to complete daily office tasks. Those who back up their work frequently on flash drives and bring their laptops home with them every day are the exceptions. The rest were stuck wondering what they could accomplish had they integrated cloud computing into their business plans.

This storm reminded us of the advantages of cloud computing and progressive technologies, in general. This seminar, part of our monthly Entrepreneur Knowledge Series, showed us how innovation plays a great role in our everyday lives, and how it might help us keep the light on during our darkest days.

The next in our Entrepreneur Knowledge Series will be on Wednesday, March 24, when our panel of experts will focus on the world of patents. For more information, please browse our Events page at www.ocaccelerator.com