Exciting, high growth companies are coming to Syracuse and Central New York as a result. Companies like JMA Wireless, which established the first US-based 5G manufacturing site in Syracuse. Companies like Micron, which announced a $20 Billion plan to establish semiconductor manufacturing operations in our region in Clay, NY, are preparing to call Central New York their home. These companies and more are creating high-tech jobs for decades to come.
As our city and region is home to innovative players in high-tech manufacturing, digital solutions, and uncrewed aerial systems (aka drones), our emerging semiconductor industry is bringing massive investment and deep expertise to New York and beyond. Whether you run an established company, or you’re interested in starting up a new venture, there has never been a better time to grow your business in Syracuse.
Programs & Investments
Tech Garden Expansion
The City of Syracuse and partners broke ground on The Tech Garden expansion. The $32M project will add 46,000 square-feet of space to the region’s key tech business incubator facility. The Tech Garden expansion advances CenterState CEO’s work in launching high-potential early-stage businesses and anchor Syracuse's City Center Innovation Hub.
Center City Innovation Hub
Technology Innovation Hub, investing millions of dollars each year to incubate tech start-ups and enable those with an entrepreneurial spirit to create next businesses right here in Syracuse. A $20 Million + investment will see the vertical expansion of the Tech Garden in downtown Syracuse, which will dramatically increase the number of start-ups in Central New York.
Genius New York
This region is a leader in research and development of drone-related technologies, and Syracuse is home to Genius NY—the world’s largest start-up competition for drone tech with annual funding of $3 Million from the State of New York.
Surge Accelerator
CenterState CEO in partnership with the City launched the first Syracuse Surge Accelerator Cohort. The program advances Black-Indigenous-Persons of Color (BIPOC) entrepreneurs and accelerates new or existing tech-related startups within the city of Syracuse.
Syracuse Surge Accelerator Fund
To ensure that innovation and start-up programs are equitable and inclusive, the Syracuse Surge Accelerator was recently established to provide start-up funding and technical assistance to people of color, women, and veterans—those historically underrepresented in the tech start-up space.
NY SMART I-Corridor Tech Hub
Syracuse, Rochester, and Buffalo jointly applied and were awarded as a federal Tech Hub, a designation created in the CHIPS & Science Act. The “NY SMART I-Corridor Tech Hub” designation positions the region as a global hub for workforce training, innovation, and manufacturing of semiconductor technology. The NY SMART I-Corridor Tech Hub proposal will now compete for the next phase of the tech hubs program, which will invest $50-$75 million in up to 10 regions chosen from the 31. Ultimately, the program could grow up to $10 billion, meaning that successful tech hubs may have the opportunity for significant additional funding.