T-SEC Funds Hudson Valley Incubator
Posted in Cottage Industry
T-SEC, a ten year business partner to Academia, Industry, and Accelerators through which it fosters job retention and growth, is active in the Hudson Valley funding the regions only state sponsored Incubator, otherwise known as the Orange County Accelerator.
According to the New York State website on economic development, regional “Incubators” meet these requirements:
• has been in existence for three years
• provides a strategic plan
• demonstrates their services align with industry best practices
• agrees to expand services
• demonstrates a 2:1 match of state funds
T-SEC is a 501 (c) 3 nonprofit that provides small and medium-sized manufacturers with business and technical support, and that includes the marketing done here on newburghny.org, the A River of Opportunities awareness and attraction marketing campaign for the city of Newburgh, N.Y.
This campaign, newburghny.org, is funded by T-SEC to raise awareness about Newburgh’s competitive stock of affordable, commercial real estate.
T-SEC also makes possible equipment-sharing, by funding and making available properly equipped labs and manufacturing pods (typically shared work spaces) located at strategic, regional sites throughout the Hudson Valley in New York State.
T-SEC also facilitates job growth by creating training programs (often customizing on a per needs basis).
Carl Meyer, former CEO of Central Hudson and current CEO of T-SEC
Businesses utilizing the T-SEC funded pods grow (such as the sewing center at The Accelerator) and, while doing so, to create well- paying jobs.
These start-ups then scale up (it is hoped) to one of the many affordable commercial property locations available in Newburgh (or elsewhere, as T-SEC provides funds throughout the Hudson Valley).
The model T-SEC uses is one based on partnership (and shared use of assets) both to industry and to a community of start up and existing entrepreneurs and manufacturing businesses.
By also partnering with Academia (primarily throughout the Hudson Valley region)T-SEC cultivates a connection to the many educational resources in the Hudson Valley where pods or labs may be established.
T-SEC’s Academic connection fosters:
- Academic Student Training
- Vocational Training
- Employee Training
In fact, T-SEC’s labs operate in partnership with these well known educators and as a result, use of the equipment is generally available to the public AND typically free of charge.
The following educators are just such partners, and the particular discipline for partnership is noted:
- 3D Printing and Scanning LAB, SUNY Rockland, Haverstraw NY
- Computer Sensor LAB, SUNY Sullivan, Loch Sheldrake, NY
- Metrology, Modeling, and Mechatronics SMARTT LAB, SUNY Ulster, Stone Ridge, NY
T-SEC also partners with the following Economic Development Agencies at the Federal, State, and Regional levels:
- The U.S. Economic Development Agency
- The New York State Economic Development Council
- The New York State Workforce Development Institute
- The New York State Empire State Development
- The Hudson Valley Economic Development Corporation
- Dutchess Alliance for Business
- Industrial Development Agency of Orange County
- The Orange County Accelerator
A special and unique relationship for T-SEC (and which accrues value to Newburgh, N.Y., by virtue of proximity) is the one that exists between the Orange County Accelerator and T-SEC.
Interior shot of signage outside an Accelerator incubator “Pod” located at Avenue of the America’s in New Windsor, N.Y.
In the past few years, T-SEC under Carl Meyer’s leadership and the Orange County Accelerator, have partnered in way that has benefited the Accelerator via capital improvements.
Says Carl Meyer on the partnership, “We have access to grant funding and we are an economic development play. We seek organic, economic development, with a focus on manufacturing in order to create and grow jobs.
“We work with smaller companies to help them grow and improve the bottom line.
“We support the Accelerator by providing access to technical equipment and business expertise.
“We realized what people often need is access to one specific type of technical equipment that is either too large, or too expensive pieces to own on an individual basis.
Watch this video to learn about the capabilities of the T-SEC funded Vapodest. Distillers and beverage processors must evaluate a number of things, for instance alcohol strength by volume in order to assess their products and label the content properly. The Vapodest does this efficiently and accurately.
“So, for instance, a distillery may need testing equipment, may not have it and may have to go out of the region, out of state, or in some cases, out of the country to get a small, craft batch of liquid product tested.
“And so we are interested in helping fund the kind of capital intensive equipment that will help these small and medium size businesses scale up.” he said.
Meyer points out that as a result of his business background, he has numerous relationships with significant business entities across the Hudson Valley Region.
In the past few years, Meyer’s vision of making capital equipment available, for instance by purchasing the Tukatech CAD pattern making technology as detailed in our article here, has made state of the art textile production available to cottage industry textile businesses in the region.
And in November of 2016, The Accelerator unveiled a tremendous piece of equipment (again funded by TSEC) available at their new Food and Beverage testing laboratory located at the recently renovated facilities at Avenue of the Americas, New Windsor, N.Y.
The specific equipment is known as a Vapodest, and it is made by C. Gerhardt Analytical Systems, a German manufacturer.
And, any number of the Hudson Valley’s distilleries, hard cider processors as well as food manufacturers and processors are now able to access Vadopest’s technology which measures the calories in a product, its alcohol content, and allows for other chemical substance determinations which conform to stringent U.S. Food Administration Drug and Safety labeling requirements as well as E.P.A. guidelines.
The Times Herald Record’s website noted that event attendee, Tuthilltown Distillery, of Gardiner, New York, was forced to ship samples to Scotland in order to have it assessed, but now it and more than 130 other New York State distilleries will be able to take advantage of the Accelerator’s Vadopest technology.
All, thanks to T-SEC and its unwavering financial support (and knowledge mentoring) of businesses throughout the Hudson Valley Region.