MOUNT PLEASANT, N.Y. -- New York Medical College, which is part of the Touro College and University System, unveiled its new biotechnology incubator on Wednesday, Oct. 29, at its Valhalla campus.
BioInc@NYMC is the only incubator in the region on a medical school campus.
“BioInc@NYMC is the product of a great collaborative team, the very best minds in our region,” said Dr. Robert W. Amler, the vice president for government affairs and dean of the School of Health Sciences and Practice.
“Today the curtain rises on our collective vision for economic development based on attracting, nurturing and growing the burgeoning biotech sector.”
The BioInc@NYMC invites entrepreneurs and other clients in the biotechnology sector to essentially rent space at the facility and utilize its state-of-the-art lab equipment, workforce training suites and more.
Dozens of elected, government and medical officials were in attendance at BioInc@NYMC’s ribbon cutting ceremony, as the project is a public-private partnership.
New York’s Empire State Development and Generating Employment Through New York Science providing $7.9 million in funding for the project.
The U.S. Department of Commerce and the Economic Development Administration provided $328,000 for the science-business training center co-sponsored by the Hudson Valley Economic Development Corporation in partnership with SUNY Westchester Community College, Division of Continuing Education and Workforce Development.
Click here to sign up for Daily Voice's free daily emails and news alerts.