GENIUS NY is sponsoring the Startup Showdown at AUVSI XPONTENTIAL in Dallas, TX on May 10. The four-day conference includes the largest global community of leaders in drones, intelligent robotics and unmanned systems.
The Startup Showdown + Happy Hour is a must-attend event for investors, unmanned systems entrepreneurs and technology innovators, where three lucky companies will compete for a $15,000 grand prize.
GENIUS NY, a year-long a business accelerator, hosted its capstone 315 Finals event on March 15, awarding six finalist teams a total of $2.75 million in investments. The high-energy event featured teams pitching their business plans to a panel of judges and live audience, as well as remarks from Empire State Development President, CEO and Commissioner Howard Zemsky.
“The GENIUS NY competition proves that Central New York is rising, creating well-paying jobs and generating economic opportunity across the region,” said Zemsky.
Following the pitches all six teams were each awarded one of three grand prizes or one of three smaller investments.
The GENIUS NY teams recently visited the Griffiss International Airport in Rome, NY (30 minutes from Syracuse). Griffiss is home to one of just seven FAA-designated UAS test sites in the United States. It is managed by the NUAIR Alliance, a partnership of more than 90 private, public, academic partners tasked with advancing an FAA mission to support the development of a Sense and Avoid (SAA) system for the national airspace. NUAIR is installing a ground-based SAA system to deploy state-of-the-art range instrumentation to track UAS in the air and provide first of its kind testing capability in the country.
GENIUS NY, a business accelerator program at CenterState CEO’s Tech Garden, introduced six finalist teams who that have been selected to compete for the competition’s $2.75 million in prizes. The companies, which are developing innovations in the unmanned aircraft systems (UAS) and the internet of things (IoT) sectors, were selected from a pool of 250 submissions. Upon completion of paperwork, the six finalists. The teams come from across the country will formally enter the accelerator program to and will grow their businesses in Syracuse over the course of the competition.