Why Troy Innovation Garage is Starting an Accelerator for Small Business

By Justin Dawes – Reporter Link to article During the early days of the pandemic when people had a lot of free time, some started side projects to generate extra income. Tom Nardacci wants to help owners learn how to maintain those small businesses long term. One of his coworking spaces, the Troy Innovation Garage, is starting a new six-week accelerator program…
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Troy Innovation Garage Announces “Micro Meetup”, a Microenterpise Accelerator Program to Launch and Support Small Business

Troy Innovation Garage today announced “Micro Meetup,” a new microenterprise accelerator program to help launch and support small businesses in the Capital Region.  The first cohort of the 6-week program will take place this fall, from September 7 – October 12, 2022, and participants will learn the basics of business, startup principles and business management. Check this article again soon…
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Troy Innovation Garage Celebrates its 5 Year Anniversary

5 Years! Stop by on March 9 to help celebrate this milestone 5 years ago, we celebrated the opening of Troy Innovation Garage. We had purchased a building that sat mostly vacant for over 30 years on 4th Street in Troy. We started with some vague ideas. We wanted to develop a community of creatives and startups. We wanted to…
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Troy software startup Inspect Point raises $28M

By Justin Dawes – Reporter In its first-ever fundraise, Troy software startup Inspect Point said Thursday that it has raised $28 million. The funding comes from Mainsail Partners in the form of growth equity, a form of private capital typically for relatively mature companies that are looking to grow. Mainsail Partners says it invests exclusively in fast-growing, bootstrapped software companies….
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New York’s first EV factory planned for Green Island

By Justin Dawes  –  Reporter, Albany Business Review Jan 13, 2022, 9:13am EST An industry veteran wants to make electric vehicles in a new factory planned for Green Island. John Gillie said he plans to build a 150,000-square-foot facility on 15 acres of the 50-acre site bordered by Tibbits Avenue and Cannon Street, formerly home to a Ford factory. And…
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STARTUPS TO WATCH

It’s been a year of significant milestones for several startups in the Capital Region. As 2021 comes to a close, we are considering which startups we expect to reach milestones in the next year as part of Albany Inno’s first-ever Startups to Watch. The companies in this group have each made strides recently that foreshadow growth in 2022. Some of…
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Why this gaming tech startup founder moved from LA to Troy

Glenn Fiedler first flew from Los Angeles to Troy for business in mid-2019. Later that year, he got a one-way ticket, and Troy became the new base for his gaming tech startup, Network Next. He had been visiting to do some work with Velan Studios on its game Knockout City, when Velan founders Guha Bala and Karthik Bala clued him…
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Tom Nardacci’s 1 million-square-foot goal for the Capital Region

By Justin Dawes – Reporter October 14, 2021, 05:22pm EDT Tom Nardacci says the Capital Region needs to increase the level of flexible workspace from roughly 200,000 square feet to at least 1 million. And that’s just a start. He thinks that’s one of the key actions the region can take to make the startup economy more successful. “I still think…
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Capital Region coworking spaces thrive as people recreate work conditions

As seen in the Times Union Shayla Colon Flexible and coworking spaces are rebounding from the pandemic with continuous growth after COVID thrust creative work conditions onto employers. Coworking hubs are locations occupied by several companies and individuals. They typically offer private offices for rent or memberships where individuals can work out of an open desk environment and share common…
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