TT/I  UB Office of Science, Technology Transfer and Economic Outreach

http://www.research.buffalo.edu/stor





     Office Locations:

520 Lee Entrance Suite 109 UB Commons North Campus
Buffalo, NY
Phone: 716-645-5500
Fax: 716-645-3436

 

Stages:

  • Seed


 

Industries:

  • Information Technology

  •  

    Description:

    The University at Buffalo Office of Science, Technology Transfer, and Economic Outreach (STOR)- is UB's interface between the inventive work of laboratory research and the applied commercial development that brings the benefits of that work to market. The Funding Division assists researchers in finding 'gap' funding for development and commercialization activities. The New York State Center for Advanced Technology (CAT) at the University at Buffalo provides gap funding to support the creation of technology prototypes or proof-of-concept, with assistance from an industry partner. Located near University of Buffalo's Amherst Campus, the incubator is a 40,000-square-foot multi-tenant facility subdivided into offices and lab suites ranging from 277 square feet to more than 2,000 square feet. The space is suitable for office operations, research and development, assembly, or light manufacturing. The UB Technology Incubator, located in the Baird Research Park, supports the creation of new technology-based businesses by providing affordable business services to entrepreneurs. Since its inception in 1988, the program has assisted more than sixty tenants and graduates, boasting a 75 percent survival rate. Aggregate employment by those companies is 455 people, and annual revenues exceed $60 million. The business incubation program provides assistance in four main areas: Flexible rental terms for office and wet laboratory space; Administrative support services; General business assistance in the form of coaching, counseling, mentoring and networking; and access to UB resources, facilities and purchasing power. The incubator is affiliated with the Western New York Business Development Fund, which provides seed capital for area high-tech businesses. Both the incubator (and park) emphasize formation of international networks for furthering global business expansion, and currently has companies or networking relationships from Canada, Ireland, Germany, France, Japan and India. The Bruce Holm Memorial Catalyst Fund was established by an anonymous donation of $1 million to support commercializing the discoveries and inventions of UB Faculty. The $1 million donation was made as a match challenge, and will be 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.



    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
       
       
       
    COMPANY STAGEREVENUE
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Revenue
    Growth Stage
    (also called Mid-stage)
    $2M-$7M
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B
       
       
     

    Investment Team:


    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription or New York Database subscription.
    Amit Goyal PhD Director, UB RENEW Institute
    Chitra Rajan PhD Associate Vice President, Research Advancement
    Christina P. Orsi Associate Vice President, Economic Development
    Elizabeth A. Smith Assistant Vice President for Administration and Planning
    Kenneth Leonard PhD Director, Office of Research Compliance

     

    Portfolio companies include:


      Academic Software Plus
        web link


      Advanced Cancer TheranostX
        web link


      BridgeComposites
        web link


      GSELearning Software
        web link


      Helios-NRG
        web link


      Ladybug Teknologies
        web link


      Numitec
        web link


      ONY Infasurf
        web link


      OptoElectronic Nanodevices
        web link


      Programmable Equipment Company
        web link


      Refulgent Software
        web link


      Sprung-brett RDI
        web link


      The Randforce Associates
        web link


      TPF Enterprises
        web link


      TREK
        web link


      Wallace Wireless
        web link


     

    Recent News:


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