Business Development & Strategic Partnerships
SUNY research is a major producer of intellectual capital and the RF offers pathways to translate that innovation into economic development opportunities. The RF spurs research and development and promotes entrepreneurship and economic development by effectively integrating campuses, industry and investment capital.
The RF supports the formation and growth of new business enterprises by providing assistance with federal and New York State funding programs such as SBIR and STTR grants, discounted insurance programs and entrepreneurial training; engaging industry partners and investors; and by facilitating collaboration opportunities that complement SUNY’s vision and mission.
With systems already in place to support grant administration and sponsored programs, the RF is also able to provide human resources, payroll and purchasing/payables administration services to campus-related organizations such as clinical practice plans, outpatient facilities, affiliated health care facilities and campus-based foundations. Each campus-related organization has a separate contract with the RF.
Business Development Resources
- Entrepreneur-in-Residence provides campuses with funding to secure the time and skills of proven, private-sector entrepreneurs who have both startup experience and expertise that is relevant to particular discoveries in the SUNY research portfolio.
- SUNY Insure helpsfaculty entrepreneurs and companies affiliated with SUNY incubators manage the financial risks of early-stage business development by providing required insurance coverage at discounted rates.
- Technology Accelerator Fund (TAF) offers a means to assist the SUNY community by providing funding for select technologies to accelerate their development and commercialization. This fund complements SUNY’s efforts to revitalize New York’s economy and lead the Entrepreneurial Century.
Business Funding Resources
- Innovate NY Fund invests in technology companies and other high growth firms throughout New York State.
- Venture Capital Funds primarily invest the financial capital of third-party investors in enterprises that are too risky for the standard capital markets or bank loans.
- The New York Innovation Showcase bridges this gap by linking innovators and entrepreneurs from SUNY and other upstate New York colleges and universities with the New York City investment community.
Affiliated Corporation Governance
For information about establishing and operating affiliated corporations refer to the following resources:
For more information about Joint Ventures and Strategic Partnerships:
Innovation and Partnerships