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Binghamton University Considers Start-Up NY

Binghamton University is looking at possibly allowing some new companies to temporarily use space on its campus as part of the initiative.
Binghamton University is looking at possibly allowing some new companies to temporarily use space on its campus as part of the initiative.

The tax free program is designed to attract newly created businesses and companies from other states, to New York by allowing them to set up on or near college campuses. The businesses and their employees basically can operate without having to pay state taxes for a decade. B.U. President Harvey Stenger says he is talking with companies that may be able to use a small amount of space at the Innovative Technologies Campus along Murray Hill Road in Vestal.

"We also have some space, un-programmed research space in the Center of Excellence that we were holding in reserve for some new projects with new faculty. But, we might be able to use that for a short period of time for a new company until the downtown incubator is open," Stenger.

The B.U. downtown incubator may be open next year. Construction is expected to start this year. Companies who set up shop in the incubator will be part of Start Up New York.
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