Over 300 In Attendance to Honor Upstate’s Startup Leaders
UPSTATE, NY (PRESS RELEASE) – Upstate Venture Connect (UVC) hosted the 2nd Annual Upstate Unleashed Conference and 2016 Venture Ecosystem Awards on September 16 at the Turning Stone Resort.
300 entrepreneurs, founders, mentors and investors from the startup community were in attendance coming from communities from Albany, Buffalo, Binghamton, Syracuse, Rochester and the Hudson Valley.
Tim Keenan, accomplished serial entrepreneur and Cofounder of the Keenan Center for Entrepreneurship at Le Moyne College delivered a stellar keynote address highlighting the importance of “taking action” to create a sustainable startup community across Upstate New York. View speaker videos and presentations.
Nasir Ali, UVC Cofounder and CEO remarked, “We were thrilled to see such a diverse and distinguished audience of entrepreneurs, investors and mentors attend both the Awards Luncheon and Upstate Unleashed Conference. We realized last year that this is an amazing opportunity for first time entrepreneurs seeking wider connections, and our decision to add a mini conference featuring Upstate’s top CEOs really paid off.”
One company and four ecosystem leaders received awards for their achievements from more than 100 nominees. Winners in five categories were announced at the 2016 Venture Ecosystem Awards luncheon.
Here are the five award categories, including winners and finalists:
Community Catalyst – Individuals who organize programs to bring together diverse startup ecosystem players in a local community and/or increase the amount of capital and number of active early stage investors in that community.
- Cofounder, Utica Comets
- VP for Community Development, MVCC
- Executive Director of the MVCC Foundation, Inc.
Community Catalyst finalists included Elisa-Miller Out of Ithaca, NY (Singlebrook Technologies, CourseQ, Women 2.0, Finger Lakes Seed Fund) and James Senall of Rochester, NY (High Tech Rochester, Rochester Angel Network)
Campus Connector – Individuals affiliated with an educational institution (could be an administrator, student, alumnus or faculty member) who are leveraging on and off-campus resources and connections to spin-out research startups and/or create opportunities to retain entrepreneurial students.
- Director, Severino Center
- Associate Professor of Information Systems, RPI
- Organizer, Startup Tech Valley
Magical Mentor – Individuals who have had a transformative impact on the trajectory of one or more startup companies.
- Business Development Manager, Venture Creations at RIT
- Mentor for companies including SweetWater Energy, Clear Cove, IMSWorkX and Splyce
Magical Mentor finalists included Steven Raines of Buffalo, NY (Algonquin Studios, VCAMP Accelerator, SWRemote, ZenPRM) and Steve Suhowatsky of Syracuse, NY (Syracuse University Blackstone Launchpad, Tech Garden, Seed Capital Fund of CNY)
Ecosystem Champion – Individuals who are catalyzing and supporting startup activity across multiple Upstate communities.
- President & CEO, Launch NY
- Former Leader, Center of Excellence in Bioinformatics at UB
Ecosystem Champion finalists included Richard Glaser of Rochester, NY (Merrill Lynch, RocGrowth, RocGrowth Candids, RocGrowth Coffee) and Jennifer Tegan of Ithaca, NY (Cayuga Venture Fund, UVANY, Tompkins Trust Company)
Deal of the Year – Companies whose exit created wealth for investors and founders/employees, as well as making the company a stronger contributor to the local economy.
- Advanced All Electric Aerospace Fastening
- $50MM Exit in March, 2016 to Ascent Aerospace
- Return of Investment to RAND Capital of 11x
Deal of the Year finalists include Athenex, Autonomy Distributors, Fibertech Networks LLC and Touchstream Solutions.
An independent panel of judges reviewed each nomination and selected the finalists and winners. For a complete list of nominees, visit UVC.org/Awards-Nominations.
Upstate Venture Connect has now launched a Startup Survey at UVC.org/Survey to help estimate the economic footprint of the companies in Upstate New York. By completing this short survey, founders will help grow awareness of Upstate startups, and increase investment interest among local angel investors and venture capitalists. More details on this survey will be released soon.
UVC is a 501c3 public nonprofit creating an entrepreneur-led startup ecosystem for Upstate NY. Our mission is to connect and empower Upstate NY entrepreneurs with the resources for building high-growth companies. Since 2010, UVC has helped launch six angel funds and four startup accelerators. UVC also hosts a region-wide events calendar, online startup map and a communications platform that reaches over 10,000 founders and startup supporters. In 2014, UVC launched UNY50, an invitation only network of individuals who have experienced the startup world roller coaster and are committed to helping build the next great Upstate company. UVC was awarded the 2015 Global Innovation Ecosystem Award. More information at http://uvc.org and here’s how the community can help support our mission http://uvc.org/Ecosystem-Growth.
Upstate Venture Connect