Under the governor’s START-UP NY program, the eight companies are receiving major tax incentives to relocate to, start-up or expand in Buffalo through their affiliation with UB.
Each of the companies has strong ties to the university and range from a German life sciences firm to a developer of software for wearable devices. They are projected to generate a combined 204 jobs over the next five years and will collaborate with UB faculty researchers and students.
“START-UP NY is a very innovative way to connect the strengths of a major research university, like the University at Buffalo, with the expertise and energy of entrepreneurs and businesspeople,” said UB President Satish K. Tripathi. “The university is excited to be working closely with these eight companies as they grow, become successful and provide internships and career opportunities for our students and the Western New York community.”
The eight companies’ planned capital investments over the next 5 years total $6,387,000.
UB’s eight START-UP NY companies are:
- Aesku.NY, a subsidiary of Germany-based life sciences firm Aesku.Diagnostics, is working with the New York Genome Center and UB to advance new ways to treat, prevent and manage serious disease. The company also will collaborate with UB’s School of Medicine and Biomedical Sciences by recruiting graduates and providing student internships. Aesku.NY is establishing a presence in Buffalo at UB’s New York State Center of Excellence in Bioinformatics and Life Sciences (CBLS) and at Hauptman-Woodward Medical Research Institute. It projects creating 31 jobs over five years.
- ClearView Social is a software developer that works with law firms to share news and information via social media. Located within Z80 Incubator Labs, the firm will move into the Downtown Gateway building. It expects to create 47 jobs over five years and offer internships to four UB students. ClearView Social provides software and consulting services to the UB Law School.
- CoachMePlus provides athlete management information systems to professional and collegiate sports teams. Located within Z80 Incubator Labs, the firm will move into the Downtown Gateway building at 77 Goodell St. The company’s president and co-founder, Kevin Dawidowicz, is a graduate of UB’s Center for Entrepreneurial Leadership; he is also an officer on the CEL’s alumni association board, and he mentors CEL students. CoachMePlus projects creation of 25 jobs over five years.
- Decision Pace works with middle- and large-sized business clients to mine raw data and create real-time web analytics that are both visual and informative. Located within Z80 Incubator Labs, the firm will move into the Downtown Gateway building. Decision Pace, which is establishing an internship program with UB’s Department of Computer Science and Engineering, projects that it will create 49 jobs over five years.
- Heads Up Display is a startup company that develops software and hardwire for wearable devices that allow the user to make data-driven decisions in real time. The company, which works with UB’s Department of Physics and is establishing partnerships with other UB entities, will move into Z80 Incubator Labs where it projects to create two jobs.
- Utah-based Lineagen is a medical diagnostics company that is working with the New York Genome Center and UB to study autism spectrum disorder and other developmental delays. It will establish an office in the CBLS; it projects hiring 10 employees over five years.
- Nupur Technologies is a startup company that is developing an earwax cleaning device to be used by doctors. The company, which projects creating 33 jobs over five years, will open an office at UB’S Baird Research Park. It plans to hire two PhD graduates from UB’s Department of Mechanical and Aerospace Engineering and provide internships to School of Management students.
- Sinapis Pharma is a Florida-based pharmaceutical company that is developing a novel drug for the treatment of traumatic brain injuries and strokes. The company, which will collaborate with UB’s School of Medicine and Biomedical Sciences, will establish offices in the CBLS and the Jacobs Institute. It projects creating seven jobs over five years.