GENIUS NY: A leading global business accelerator program, offering substantial investment, resources, and support.
Location
Syracuse, NY, US
Founded
2016
GENIUS NY is a premier in-residence business accelerator program based at The Tech Garden in Central New York, focusing on seed-stage startups within the uncrewed aerial systems (UAS), automation, and advanced air mobility sectors. The program awards up to $3 million annually, with grand prizes of $1 million, $600,000, and $400,000, supplemented by company stipends, housing, resources, and extensive programming. This initiative is supported by $5 million in funding from Empire State Development, New York State.
Notable portfolio companies include Ascent AeroSystems, blueflite, Dronehub, and Fotokite, each having raised significant funding through the program. GENIUS NY's investment philosophy centers on fostering innovation and growth by providing not only financial support but also strategic resources and connections. The program's unique value-add services include comprehensive in-residence support, access to regional resources, and a robust network of industry connections, positioning it as a leading accelerator in the UAS and advanced air mobility space.
Genius NY - Portfolio Snapshot
Portfolio activity breakdown across disclosed investments and stages