Table of Contents
Cover Story:
Putting All The Pieces Together
County Executive C. Scott Vanderhoef keeps Rockland in his sights
as he looks ahead to the Governor's race.
Feature Story:
Everybody's Going Downtown
What four of the county's villages are doing to encourage economic
development.
Feature Story:
The Expo's Coming!
Annual Business-to-Business event partners RBA with Mahwah Regional
Chamber of Commerce.
DEPARTMENTS:
Economics Roundup
• What's Your Investment Behavior?
• Taxes and Long-Term Care Insurance
Business Roundup
• HVCFI Accepting Applicants
• The Fine Art of Advertising
Retail Round-Up
• It's The Most Wonderful Time of the Year
• New in Town
Ask the Expert
• Human Resources
• Legal Matters
• Workplace Hotline
• Information Technology
Invest in Your Community
• Make-A-Wish Foundation
• JCC-Y of Rockland's Capital Campaign
• Other News
Odds & Ends
• From The Publishers
• PR Patter
• Reaching Out to Small Business
• Rockland Joins the Empire
• Big News for Local Small Businesses
Dedicated Section:
Rockland Business Association:
The President’s Desk
Empire Zone designation, grant programs drive new opportunities for
business.
The Investor Hotline
Avoid these three common mistakes
RBA Happenings
• Other News
• Committee and Council Info
• Calendar of Events
• New Members
Business
Roundup :
HVCFI Accepting Applicants
for Business Development
By Barbara Branagan
Licenses Available at HVCFI
for Technology Focused Businesses
From Throughout the New York
Tri-State Region.
The regional business and technology incubator, the Hudson Valley Center for Innovation, Inc. (HVCFI) (www.hvcfi.com) in Kingston / Lake Katrine, New York, is now accepting applications from start-up and later-stage emerging technology-focused businesses for physical or virtual licensed tenancy with the Center. The distinctive not-for-profit business development facility opened in November 2005 to foster the growth and development of emerging, high value businesses and technology development firms through its Executive Mentoring program.
Explains Les Neumann, the Center’s Managing Director, “HVCFI was formed through a collaborative effort of business, economic development, academia, and investment organizations throughout the Hudson Valley. The vision includes the creation of growth-oriented quality jobs by assisting both start-up and later-stage emerging growth companies mature through our accelerated, professionally staffed mentoring program.”
Neumann states that the regionally oriented HVCFI differs substantially from traditional business development incubators. “In addition to being supported by a world-class Board of Directors and a dynamic Board of Advisors, HVCFI offers our licensees the benefits of a full-time Executive Mentoring Team comprised of experienced executives disciplined in finance, business development and marketing. These seasoned professionals work closely with our licensed companies to help ensure their success without sacrificing precious equity they’ve already established, or invested into their company.” We provide these mentoring services to licensed member companies in order to expedite the global commercialization of their technologies and hasten self-sustenance.“
As Managing Director, Neumann provides on-site day-to-day supervision of the HVCFI. “This is a highly distinctive service that ensures that each licensee receives the highest quality and amount of attention necessary to fulfill their goals and those of the Center. HVCFI also offers our licensees the input and advice of two notably accomplished boards of business professionals who help create and maintain meaningful affiliations with regional academic, business, and investment partners as well as other regional, national and international business development incubators.”
“Our ambition is for HVCFI to become a collaborative effort
of business and economic development agencies, academia, and investment
communities throughout and beyond the Hudson Valley region. We
are working to make HVCFI a leader in business development by being
a facilitator for technology and innovation. We do this through
physical and virtual satellite locations that foster intellectual
and knowledge-based expansion. Additionally, we act as a conduit
on behalf of our licensees to academic institutions and businesses
throughout the New York Tri-State region’s social and professional
networking and development communities.”
To enter HVCFI, companies go through a stringent screening process conducted by the facility’s Board of Advisors. The Board is comprised of remarkably accomplished professionals from technology, academic and business arenas in New Jersey, Connecticut and throughout the Hudson Valley.
“A company seeking entry,” explains Neumnan, “must first complete the application posted on our website, www.hvcfi.com. The company would then submit its business plan to our Board of Advisors which performs due diligence on the applying company’s technology, products, general business plans, management and goals they hope to accomplish by entering the HVCFI program. Once a company completes close examination by our Board of Advisors, our Board of Directors determines if the company will be offered a licensing agreement for either physical or virtual tenancy, and assistance from our support teams.”
Connecting HVCFI licensees to large companies, capital and corporations across New York State and around the globe is a primary goal of the Center’s boards and executives. “HVCFI was created,” explains Neumann, “to be a regional facility where both fledgling and later-stage technology and innovative businesses can receive support from an exceptional pool of business professionals who work to connect them to global strategic resources that will help them mature and accelerate their strategies. We are attracting both start-up and somewhat more established technology-oriented businesses that need access to financing management, an unsurpassed quality of life in the Hudson Valley region, and to become an integral component of a technology revival in this region.”
To learn about more about applying for licensing in the Hudson Valley Center for Innovation, Inc.(HVCFI) incubator, contact Les Neumann, Managing Director, at 845-943-5660, or visit www.hvcfi.com. RBD
