Thu February 27, 2014

Investment dollars for upstate New York startups on the rise

Credit NathanaelB / Via Flickr

The amount of money being invested in startup businesses in upstate New York is increasing, but that doesn’t mean starting a business here is suddenly easy.

Upstate Venture Associates of New York, or UVANY, a startup business investment firm, found that nearly twice as much money came into upstate New York in the third quarter of last year, in comparison to the year before. There were 29 deals that quarter, worth $75.86 million. That's up from 16 deals worth $40.56 in the fourth quarter of 2012, UVANY found.

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Fri November 22, 2013
Refugee Resettlement

Unique challenges for refugees becoming entrepreneurs

Martin Butts, left, goes over Ethiopian-born Fesseha Kahsay's business plan as part of the UP Start business incubator.
Ryan Delaney WRVO

The Innovation Trail is taking a look at how the thousands of refugees coming to upstate New York are weaving their way into the region's economy. You can find more from the series here.

Jai Subedi holds court at his Asian grocery store on Syracuse’s Northside. He’s behind the counter ringing customers up and simultaneously fielding phone calls. All the while giving advice to other refugees about how to deal with various agencies. He opened the store earlier this year with the goal of making it more than just a market.

"Let’s make this one as a home," he said. "You don’t have to buy to come to my store. Just come, stay and hang out and talk because a lot of people come here and they just chat, they talk. And I like that."

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Wed October 2, 2013
Foreign dispatch

The different sides of entrepreneurship in Kenya

A counselor gives instructions during a kids hackers camp at the iHub tech incubator in Nairobi.
Ryan Delaney WRVO

The Innovation Trail's Ryan Delaney recently returned from a reporting trip to Kenya. This is the second story in the series. You can find the rest of his reporting here.

Inside an office building along the main road leading west out of downtown Nairobi, is the heart Kenya’s startup community.

On the fourth floor, noisy kids are huddled around tables inside the iHub, Nairobi’s startup incubator space. Counselors are giving instructions to campers as they learn to build circuits and program small robots. The finished product zips around the floor, bumping into feet as kids crowd around in excitement.

When a summer camp hasn’t invaded the space, the iHub’s office is full of young programmers working on a mobile app or website.

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Wed May 8, 2013


Thu April 18, 2013

Why startups are weeds and how innovation is like sex

Venture capitalist and entrepreneurship mentor Greg Horowitt.
workingcapitalteam via Flickr

Startups are like weeds. Entrepreneurs are like fruit flies. Innovation is like ideas having sex. Greg Horowitt has a lot of colorful metaphors to describe the world of startup companies and entrepreneurship.

Horowitt is a venture capitalist and entrepreneurship mentor from southern California. He helped start the CONNECT innovation network in San Diego. He's since started the spinoff Global CONNECT and has traveled the world to help set up innovation communities.

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