Convening Our Regional Ecosystem & Accelerating Startups
Each of the ten regions in NYS has one Innovation Hot Spot, as designated by Empire State Development, which are business incubators - with the additional responsibility to coordinate regional entrepreneurial ecosystems. The Hudson Valley Venture Hub is the Innovation Hot Spot that represents Ulster, Sullivan, Orange, Putnam, Westchester, Rockland, and Dutchess counties.
The Hudson Valley Venture Hub both connects businesses to existing regional organizations and services - as well as provides direct, and highly individualized incubation services to select startups and existing companies with the potential to reach larger scale commercialization of their products and services.
Our mission is to work with regional support organizations and startups to create the next generation of companies and high quality jobs.
WHAT THE HV VENTURE HUB DOES
We work towards connecting the entrepreneurial ecosystem by producing:
Service Provider Summits
We facilitate meetings and committees with the people and organizations that are growing business and entrepreneurs. Members of this stakeholder group include county economic development, private and public incubators, accelerators, and programs.
Investor Meetups
We host breakfasts and small events to bring together regional angel investors, venture capitalists, bank lenders and those aspiring to become local investors.
Educator Meetings
We gather together educators from higher education professors that teach entrepreneurship to high school teachers to exchange best practices and more.
Our highly individualized accelerator supports 20 technology-forward startups yearly and guides companies towards increased investment and revenue generation. Portfolio companies are eligible for:
NYS Tax Incentives
Up to 5 years of NYS personal and business income tax exemption through the IHS Tax Credit program.
Paid Advisement
Access to vetted and paid advisors.
Student Support
Subsidized interns to help with tasks from social media management to conducting customer discovery research.
HV Venture Hub Accelerator Industries
HV Venture Hub is industry agnostic and works with any startup that meets our eligibility. Here are some industries we're currently working with.
Beverage
The 2023 HV Venture Hub Accelerator Results
26 full time jobs
created from the HV Venture Hub startups in the first year of program
$4.5 million
combined amount accelerated companies raised in private capital, increased revenue or realized in cost savings.
"In just one month, we've already received real and immediate value from the HV Venture Hub, particularly the targeted, professional guidance of an advisor with deep experience in our industry, and valuable introductions to quality partnership opportunities."
- Founder of Adro
Startup Profiles from our Blog
Cool Down wants to save you on utility bills
The HVVH has been working with founder Damien for only four months, but in a short time has had an impact on the progress of this startup including being active partners in allowing him to create 3 new jobs, $30,000 in increased revenue, $100,000 in investment, and allowing $25,000 in cost savings.
Get assistance growing your company
Apply for the HV Venture Hub Accelerator program, applications open on rolling basis. We're looking for startups that have:
- A Differentiated Product - What you're building has IP, and is a unique solution to a large problem in the marketplace.
- A Strong Foundational Team - We know it takes a team to commercialize a product. Generally we're looking for companies that have a CEO, COO, CTO, and a CMO with skin in the game - or a solo founder has a strategy to bring these members on soon.
- Traction - Your startup is past the idea phase - which can mean different things depending on the industry. Signs of traction include investment secured, a first sale, a patent, a completed pilot, etc.
- Driven to headquarter their company in the Hudson Valley region!
