GENIUS NY
About GENIUS NY
GENIUS NY, operated by CenterState and funded by Empire State Development, is a startup accelerator that invests $3M annually into seed-stage startups focused on uncrewed aerial systems, automation and advanced air mobility.
Five finalists are selected for the GENIUS NY startup accelerator each year.
Winners of the startup accelerator receive a large investment; one grand prize winner receives $1 million, followed by four $500,000 investments to the remaining teams. Winners also receive workshops and events, business training, a dedicated group of executive advisors, industry mentors, free office space and amenities, and recruiting, marketing, and fundraising support.
Ideal Applicants
▪ Technologies in the uncrewed systems or UAS, automation, and AAM space
▪ Pre-seed/Seed stage qualifications
▪ Founders that have domain expertise and a great team
▪ Traction with paying customers
▪ Revenue or an MVP
▪ A strong value proposition to locate in the Central New York region
▪ Potential strategic partnerships with past GENIUS NY and Central New York companies
Eligibility
▪ Businesses must be venture-backable and have high growth potential.
▪ Business focus must be in the broader categories of:
- Uncrewed systems, automation, advanced air mobility.
▪ Willingness to operate under the Terms and Conditions set forth by GENIUS NY.
▪ Willing to commit to living on a full-time basis in Central New York for the period of the program.
▪ Able to speak or communicate in English.
▪ Able to travel to the United States with a proper travel/work visa (GENIUS NY has no involvement or responsibility in securing participation entry documentation.)
People
- Craig Witmer, Director