Archive for April, 2010

Orange County Business Accelerator Hosts Corporate Responsibility Seminar

April 28, 2010
Orange County Business Accelerator held its monthly Entrepreneur Knowledge Series event on Wednesday, April 28 at its offices at 4 London Ave. in the Town of New Windsor. This month’s seminar on corporate responsibility drew more than two dozen businessmen and women from across the Hudson Valley. Perry Goldschein, principal at SDialogue, L.L.C., a global sustainability communications agency, was the featured guest speaker. The event was sponsored by Dynegy, Inc., whose East Coast Headquarters are located in the second story of the Accelerator building at New York International Plaza.

OCBA Enterprise Development Director Peter Gregory, Dynegy, Inc. VP Northeast Region Sam Krueger, OCBA Managing Director Michael DiTullo and SDialogue principal Perry Goldschein



Accelerator filling suites faster than it can build them

April 26, 2010

The paint isn’t even dry inside our Phase II office and innovation suites – an additional 4,000 square feet of space – and already a second early-stage innovator is ready to move in.

eGuardian Systems (eGS), a Canada-based technology firm, will establish its United States headquarters and marketing center at the Accelerator to help promote its latest energy efficiency technology- the intelligent lighting energy controller. When installed on a panel box, this U.S.-patented energy solution will reduce energy consumption by up to 20 percent without affecting desired output.

This technology will prove most beneficial on large office buildings, parking lots and arenas equipped with high-intensity discharge (H.I.D.) lighting. This new system is sure to be a manufacturing success story for Orange County. As a matter of fact, eGS had considered manufacturing the product in China and having it imported. Through the hard work of the Accelerator, negotiations are currently underway to utilize an Orange County firm to begin local production in replacement of an overseas operation.

Upon graduating from the Accelerator, early projections indicate that an advanced manufacturing facility of up to 150,000 square feet could be constructed based on market demand, and up to 200 Orange County residents could be employed by eGS.

In less than five months, six early-stage innovators in all three of our target clusters – renewable and alternative energy, life sciences and biopharmaceuticals, and information technology – have realized the competitive advantage of the Accelerator. The success of these companies could produce up to 300 jobs in Orange County!

The intersection of capital and talent…and innovation… is driving transitional technology and a new innovative economy to Orange County!

Orange County Business Accelerator to Highlight Corporate Responsibility at April Seminar

April 21, 2010

New Windsor, N.Y. – April 21, 2010 – Corporate Sustainability is the hot topic at this month’s Orange County Business Accelerator Entrepreneur Knowledge Series event.

On Wednesday, April 28, OCBA will host “Be Keen on Green: Your Business Will Benefit” at its offices at 4 London Ave. in New Windsor, N.Y. The guest speaker, Perry Goldschein, founder and partner at SDialogue, LLC, a global sustainability communications agency, will discuss corporate responsibility and going green in today’s business world and how it can affect a company’s bottom line.

The event will run from 7:30 a.m. to 9:30 a.m.; continental breakfast will be served. Cost is $10 per person and includes a tour of Orange County Business Accelerator. College students are FREE. To register, please visit our website at or call 845-220-2208. The event is sponsored by Dynegy, Inc., whose East Coast Headquarters are located in the second story of the Accelerator building at New York International Plaza.

OCBA is calling on senior level executives, green teams/committees, planning and town board members and others involved in the field across various industries to take advantage of this valuable opportunity.

OCBA Enterprise Development Director Peter J. Gregory said, “As organizations face greater competition, changing customer demands and increased regulation and transparency, sustainability has become imperative. We encourage public officials and members of the business community from all industries to attend this month’s Entrepreneur Knowledge Series event, which will address the latest issues of corporate sustainability and environmental responsibility.”

The Entrepreneur Knowledge Series has proven to be a great asset to businesses around the Hudson Valley and surrounding regions. Scheduled for the fourth Wednesday of every month, the events have helped educate public officials, planning board members and business owners on the latest business development technologies and tactics. Previous topics include patents, clean energy and cloud computing.

Educational trip to New Orleans a success

April 19, 2010

This past week Enterprise Development Director Peter J. Gregory and I had the pleasure of visiting four business accelerators in the State of Louisiana, one in the great city of New Orleans. Our educational journey left us extremely satisfied with our success, thus far, but there is much more work to be done.

Our excursion led us through New Orleans and Baton Rouge, the homes of Tulane University and Louisiana State University respectively, where we visited business accelerators located at the universities. We met with several portfolio companies who utilize a particular Venture Capital fund, one which we will soon be involved.

Though our travels led us to embrace some of the ideas of other incubators, we came to realize that business accelerators across the nation are all utilizing marketing strategies and tactics the Orange County Business Accelerator has already employed.

Though we can’t speak for the success of other incubators, we can say that this Accelerator is making all of the right moves towards raising the bar for early-stage innovators looking for low-risk, high-grade results. We are convinced more than ever that these are exciting times for Orange County and that more transitional technology and talent-rich entrepreneurs will be attracted to our region.

Let’s keep up the good work, everyone!

Phase II build-out complete, paving way for new innovators

April 12, 2010

The Accelerator announced last month that Phase II was underway (nine months ahead of schedule) to fill the increasing demand for office and high-tech space at our New Windsor facility. Just one month later, Phase II is now complete and ready to take on its first high-tech firm, CymoGen Dx, and another to be announced soon.

The 4,000-square-foot expansion could house up to seven office/innovation/production suites. CymoGen now utilizes the Accelerator as the location for its national headquarters until it builds a 5,000- 8,000-square-foot research center and hires up to 25 Orange County residents, as forecasted by CymoGen Dx Vice President Peter Hartmayer.

An early-stage innovator involved in state-of-the-art energy-efficient lighting will join CymoGen in the Phase II space in the near future.

Since opening our doors less than six months ago, the Accelerator has landed an employment agency focused on green technology jobs, an aquaculture firm looking to build a facility in Orange County, a life sciences firm focused on cancer research and now an energy efficiency firm – all high-tech transitional technologies that the Accelerator and the Orange County I.D.A. are committed to help grow and prosper in Orange County.

Accelerator joins the ranks of Facebook, Twitter

April 5, 2010

Since February, the Accelerator has implemented its marketing plan through various forms of print and online media, as well as networking events. Now we have officially entered the realm of social media – an important messaging technique utilized by businesses around the nation.

Last week, we officially launched Orange County Business Accelerator Facebook and Twitter pages. We find that social media networking is a great way to broaden our reach, keep our friends in touch with what’s going on at the Accelerator and make new friends along the way. It’s a great way to attract potential clients looking for start-up assistance and also provide a marketing tool for our existing clients.

Visit our Facebook fan page and read about our latest exciting Entrepreneur Knowledge Series events (On April 28, we will focus on corporate responsibility and green technology), as well as find direct links to feature articles from news outlets and photos from all of our events. Become a fan and get all of our latest updates!

Check out our Twitter page for quick bites on meetings, events, business tips and more. Follow us through our entrepreneurial journey to success!

The Accelerator is dedicated to providing start-ups with state-of-the-art technology and network of strategic advisors and partners. We’re confident that our latest social media outreach will help our early-stage innovators reach their goals and grow and prosper here in Orange County.

CymoGen Dx Chooses Orange County Business Accelerator for National Headquarters

April 1, 2010

New Windsor, N.Y. – March 30, 2010 – Orange County Business Accelerator (OCBA) announced today that CymoGen Dx, a California-based life sciences firm, will soon move its national headquarters to the Accelerator in an effort to expand its genetics research efforts on the East Coast.

“CymoGen is eager to take advantage of our terrific location at the heart of the Hudson Valley and BosWash Corridor and the Accelerator’s team of strategy-focused businessmen and women,” said OCBA Managing Director Michael J. DiTullo.

CymoGen Dx, named for its mission to provide state-of-the-art cytomolecular genetics diagnostic research products, is a national provider of advanced tools for identifying genomic aberrations in cancer cells found in tissue and bone marrow specimens. Its latest endeavor includes the creation of a patent-pending novel product that is able to detect genomic changes with enhanced accuracy in paraffin-embedded tissues common to pathology and pharmaceutical research. The company plans to have a combination of over 50 different research products by the end of 2011.

CymoGen Dx Vice President Peter Hartmayer and Marketing Manager Jacquie Mastropietro browse the web in the multimedia room at their new headquarters at Orange County Business Accelerator in New Windsor, N.Y.


The cancer research firm plans to open its national headquarters at the Accelerator by the end of April as a supplement to its current facility in Burbank, Ca. CymoGen will be utilizing the Accelerator mainly for market research and is looking to open a 5,000- to 8,000-square-foot facility in Orange County and hire up to 25 employees by 2013.

Peter Hartmayer, vice president at CymoGen Dx, said, “The Accelerator will be a great location for us to expand our research and establish a footprint on the East Coast. The Accelerator’s vast network of strategic advisors will be a terrific resource for CymoGen Dx as we continue to grow and expand.”

Five early-stage innovators have already moved to the Accelerator since its inception in October 2009. Involved in high-tech sectors, such as renewable energy, health sciences and aquaculture, these firms are projected to employ 80-140 Orange County residents within 36 months.