Launched in 2015, BioInc@NYMC is a fully equipped biotech incubator located on the campus of New York Medical College in Valhalla. Housed within its 6,500 square feet of space are wet and dry labs, shared equipment, and scientific advisory and business-development services. The nine companies currently being incubated there primarily focus on novel oncology therapeutics. Since its inception, BioINC@NYMC has been responsible for 43 jobs created or retained, as well as eight patents filed and three received (in 2017). Currently 95% occupied, expansion plans are in the works to make way for some 25 additional startups.
As a way to help spotlight innovation among its 4,000 members — and the local business community at large — the Business Council of Westchester recently launched its Innovation Zone program, selecting one exemplary business per quarter to highlight. Innovation Zone designees have included Impact 100, which is using the power of collective giving to help local nonprofits; Video SEO Pro, which creates HD-quality video content for clients remotely, using a proprietary app; and Greyston Bakery, whose open-hiring strategy has long been a model of innovation.
Calling itself a “borderless initiative,” the Westchester Biotech Project brings together researchers, engineers, and data scientists from across therapeutics, diagnostics, and devices to foster collaboration around biotech innovation in Westchester and across the globe. Started in the spring of 2017 by cofounders Joanne Gere and Michael Welling, the group has hosted more than 30 gatherings with regional and international thought leaders, resulting in initiatives that include The Consortium on Translational Research in the Microbiome, among others. Most recently, Westchester Biotech Project hosted the Innovation in Research Symposium 2019.
Launched in 2017 with a record-breaking $15 million gift from Iona alumni James Hynes and his wife, Anne Marie Hynes, The Hynes Institute is “an emerging program that aims to prepare the next generation of entrepreneurs, innovators, and leaders to move the world.” Under the direction of endowed professor and founding program director Dr. Cristoph Winkler, The Hynes Institute provides an interdisciplinary curricular focus in entrepreneurship and innovation for Iona students in any major, as well as access to co-curricular programming, workshops, mentoring, and a newly established incubator.