July 30, 2014
By Stephanie West
Albany, NY – Governor Cuomo has announced that five businesses will expand or locate in Binghamton as a result of START-UP NY. The commitment by these companies represents the latest wave of businesses participating in this initiative that creates tax-free areas associated with colleges and universities across the state.
The five organizations are projected to invest $2.3 million and create more than 80 new jobs in tax-free areas sponsored by Binghamton University.
“Today’s announcement is another confirmation of the fact that START-UP NY is working – attracting cutting edge businesses, jobs and new investments to Upstate communities like Binghamton,” Governor Cuomo said. “By offering new companies the opportunity to tap into New York’s world-class workforce and thrive in a tax-free environment, we have made another game-changing move to redefine the business climate in our state. I am pleased to welcome these five new companies to the START-UP NY program, and I look forward to seeing them grow and create new opportunities for New Yorkers well into the future.”
These businesses will create jobs in several key industries, including biotechnology research and development, analytical laboratory instrument manufacturing, chemical manufacturing, audio and video equipment manufacturing, and software services. The businesses approved for START-UP NY include the following: Advanced Material Analytics, LLC, Charge CCCV, LLC, ClickCare, LLC, Innovation Associates, Inc., and Sonic Blocks, Inc. All will be sponsored by Binghamton University.