A collaboration of Binghamton University, SUNY Broome and regional economic development communities to assist with entrepreneurs, student business and innovative high-tech companies.
What is the Incubator?
“A game changer for Broome County and communities throughout the region, the Koffman Southern Tier Incubator will provide endless research and development opportunities for 21st-century business, while creating and environment for entrepreneurs to thrive and grow,” describes Gov. Andrew Cuomo.
The goals of the Incubator are to retain young, creative entrepreneurs in the community, provide employment opportunities and to encourage economic development into the Southern Tier. Overall, the incubator is expected to have an overall economic impact of $132 mission, creating 906 jobs over a nine-year period.
“It’s really a shot-in-the-arm to our local economy and the future of our community,” says SUNY President Kevin E. Drumm.
Harvey Stenger, President of Binghamton University noted, “We’re in the big leagues now. We’re going to see some things come out of here that are going to be big for this community.”
Not only do we offer traditional office and state-of-the-art dry and wet lab space to our members, but we also offer co-work membership for today’s on-the-go entrepreneur, with access to open spaces on all three floors to encourage a culture of togetherness through networking and collaboration.
We also have a professional conference room and events space available for reservations.
The Koffman Southern Tier Incubator is a joint effort of Binghamton University, SUNY Broome, SBDC, TAAC, the Entrepreneurial Assistance Program, and private funding.
The Incubator Features
- Meeting and Event Space
- Private Offices
- Co-Work space
- Wet Labs and Dry Labs
- Tax-exemptions for entrepreneurial tenants for up to ten years
- Business Resources
- Company specific mentoring & programming
- Small Business Development Center (SBDC)
- Trade Adjustment Assistance Center (TAAC)
- Research and educational programming opportunities with Binghamton University and SUNY Broome