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Springboard Enterprises’ Health Innovation Hub

Springboard’s Health Innovation Hub is a collaboration platform advancing the growth of women-led digital health and life science companies with access to sources of funding, partnerships, and advisors. Learn more on their website, download the 1-pager, or apply here.

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                    [post_content] => 

The Redesignation brings $10 million in funding to drive innovation, company formation, and economic growth.

The Center for Biotechnology (CFB) has announced its re-designated as a Center for Advanced Technology (CAT) by Empire State Development's Division of Science, Technology and Innovation (NYSTAR), a recognition that comes with $1 million in annual funding over the next ten years. The $10 million commitment underscores the CFB’s leadership in accelerating life science innovation, supporting early-stage technology development, and fueling economic growth through start-up formation and industry partnerships.

“The Center for Biotechnology has served as a critical bridge between academic research and commercial success,” said Dr. Clinton Rubin, Director of the Center for Biotechnology. “This re-designation ensures we can continue to expand our impact, helping innovators bring breakthrough technology to market and strengthening New York’s position as a leader in the bioscience industry.”

Empire State Development President, CEO and Commissioner Hope Knight said, “NYSTAR’s Centers for Advanced Technology are vital to our strategic efforts to grow New York’s economy and the state’s greater innovation ecosystem. By investing in the industries of tomorrow, New Yorkers benefit today through dynamic partnerships that help to create new jobs, generate more revenues, and encourage more companies to establish a footprint in communities all throughout the state.”

The Center for Biotechnology is located on the campus of Stony Brook University (SBU), the flagship research institution within the prestigious State University of New York (SUNY) system. Stony Brook University is recognized as a national and global leader in life sciences research, biomedical innovation, and clinical care. Situated on Long Island, New York, Stony Brook has built a formidable reputation as a hub for cutting-edge scientific discovery and translational medicine. The Center for Biotechnology builds upon these strengths by providing cutting-edge programming and competitive financial support to advance biomedical innovation and emerging company growth.

“We are excited to build upon the successful foundation of strong entrepreneurial networks, infrastructure, and programming that we have built over the last four decades” said Dr. Diane Fabel, Chief Operating Officer at the Center for Biotechnology. “The impacts we have had during our last designation period include over $1B in total economic impact with more than 1000 jobs created, and driving more than $315M in follow-on funding. We are excited to see those numbers continue to grow when we celebrate fifty years of hard work at the end of this redesignation period”.

As part of the New York State CAT program, the CFB will continue to work with emerging and established companies across the state to de-risk early-stage technologies, advance both technology and company value, foster public-private collaboration, and provide critical infrastructure for the region’s growing life science ecosystem. Additionally, the CFB team will continue its efforts to develop a life sciences workforce to support the region's bio-innovation economy with a specific emphasis on sectors deemed important to the NYS economy.

Dowload the full press release here.

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Dr. Gurtej Singh, Research Associate Professor of Surgery at the Renaissance School of Medicine, was awarded seed funding through the SUNY Technology Accelerator Fund (TAF) to advance DEVA — a vascularized, shelf-stable skin substitute for advanced wound care. This bio-printed, multilayered construct integrates embedded vascular networks and antimicrobial features to enhance healing for chronic and hard-to-treat wounds — with the potential to shorten healing timelines and improve patient outcomes.

Additionally, Dr. Anurag Purwar, associate professor in the Department of Mechanical Engineering in Stony Brook’s College of Engineering and Applied Sciences, was one of four SUNY Mission TAF awardees for his research, MotionGen — An AI Platform for Intelligent Mechanism Design in Robotics. Purwar is launching an enterprise version of MotionGen, a cloud-based AI platform that automates the robot mechanism design, reducing costs and improving quality through enhanced visualization and intelligent synthesis tools.

The SUNY TAF supports early-stage innovations with strong commercial potential, helping faculty move technologies from the lab toward real-world impact. This funding — part of a competitive award portfolio — underscores how translational research at Stony Brook continues to bridge discovery science and high-impact biotechnology solutions. Read more about these innovators and the TAF awards on SBU News.

[post_title] => Stony Brook Researchers Secure Seed Funding from SUNY TAF [post_excerpt] => [post_status] => publish [comment_status] => open [ping_status] => open [post_password] => [post_name] => stony-brook-researchers-secure-seed-funding-from-suny-taf [to_ping] => [pinged] => [post_modified] => 2026-03-16 14:18:37 [post_modified_gmt] => 2026-03-16 18:18:37 [post_content_filtered] => [post_parent] => 0 [guid] => https://centerforbiotechnology.org/?p=4957 [menu_order] => 0 [post_type] => post [post_mime_type] => [comment_count] => 0 [filter] => raw ) [2] => WP_Post Object ( [ID] => 2237 [post_author] => 3 [post_date] => 2016-06-07 15:14:28 [post_date_gmt] => 2016-06-07 15:14:28 [post_content] => Traverse Biosciences has announced that it has secured $500,000 in convertible debt financing to support operations and advance product development efforts. The seed financing was led by Excell Partners, with matching funds from a number of individual accredited angel investors. The Research Foundation for the State of New York (RF/SUNY) also participated in the financing, as part of an exclusive license and option agreement executed last year that gave Traverse Biosciences access to the relevant intellectual property for use in animal and human health. Traverse Biosciences, which began when CEO Joseph Scaduto was serving as a BioEntrepreneur-in-Residence for the Center for Biotechnology, is working to commercialize its proprietary library of Stony Brook University invented chemically-modified curcumins for the treatment of chronic inflammatory conditions and cancers affecting humans and animals. Read more about Traverse and the recent financing:     [post_title] => Traverse Biosciences Secures $500k Seed Financing [post_excerpt] => Traverse Biosciences announced that it has secured $500,000 in convertible debt financing to support operations and advance product development efforts. The seed financing was led by Excell Partners, with matching funds from a number of individual accredited angel investors. [post_status] => publish [comment_status] => open [ping_status] => open [post_password] => [post_name] => traverse-biosciences-secures-500k-seed-financing [to_ping] => [pinged] => [post_modified] => 2016-06-07 15:14:28 [post_modified_gmt] => 2016-06-07 15:14:28 [post_content_filtered] => [post_parent] => 0 [guid] => http://centerforbiotechnology.org/?p=2237 [menu_order] => 177 [post_type] => post [post_mime_type] => [comment_count] => 0 [filter] => raw ) [3] => WP_Post Object ( [ID] => 3942 [post_author] => 4 [post_date] => 2022-10-24 15:40:45 [post_date_gmt] => 2022-10-24 15:40:45 [post_content] =>

The Long Island Network for Clinical and Translational Science (LINCATS) is awarding pilot funding of up to $25K per investigator with projects of novel approaches to translational science. This is open to faculty and postdoctoral fellows from the LINCATS network. Up to 8 awards will be granted per year – 4 of which will be provided to principal investigators from collaborating institutions, and 4 for SBU investigators.

Eligibility: All postdoctoral fellows and faculty affiliated with the LINCATS network (Brookhaven National Laboratory, Cold Spring Harbor, Northport VA Medical Center, Stony Brook University and all Stony Brook Medicine-affiliated healthcare locations) are eligible to apply. We will prioritize early career, under-represented groups, women, health disparities-focused clinical and translational science, and collaborative projects across institutions. Preference will be given to non-funded and new lines of research for the applying investigator.

Awardees will also benefit from research support from our Research Concierge, providing aid in:

Regulatory submission through approval
Data Capture and OnCore subject tracking
Pilot Tracking, to ensure the project meets specified milestones, including timely reporting
Resource Access to all LINCATS services
Monitoring and projecting study budgets

Learn more and click here to apply: https://www.stonybrookmedicine.edu/LINCATS/LINCATSPilots

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The Redesignation brings $10 million in funding to drive innovation, company formation, and economic growth.

The Center for Biotechnology (CFB) has announced its re-designated as a Center for Advanced Technology (CAT) by Empire State Development's Division of Science, Technology and Innovation (NYSTAR), a recognition that comes with $1 million in annual funding over the next ten years. The $10 million commitment underscores the CFB’s leadership in accelerating life science innovation, supporting early-stage technology development, and fueling economic growth through start-up formation and industry partnerships.

“The Center for Biotechnology has served as a critical bridge between academic research and commercial success,” said Dr. Clinton Rubin, Director of the Center for Biotechnology. “This re-designation ensures we can continue to expand our impact, helping innovators bring breakthrough technology to market and strengthening New York’s position as a leader in the bioscience industry.”

Empire State Development President, CEO and Commissioner Hope Knight said, “NYSTAR’s Centers for Advanced Technology are vital to our strategic efforts to grow New York’s economy and the state’s greater innovation ecosystem. By investing in the industries of tomorrow, New Yorkers benefit today through dynamic partnerships that help to create new jobs, generate more revenues, and encourage more companies to establish a footprint in communities all throughout the state.”

The Center for Biotechnology is located on the campus of Stony Brook University (SBU), the flagship research institution within the prestigious State University of New York (SUNY) system. Stony Brook University is recognized as a national and global leader in life sciences research, biomedical innovation, and clinical care. Situated on Long Island, New York, Stony Brook has built a formidable reputation as a hub for cutting-edge scientific discovery and translational medicine. The Center for Biotechnology builds upon these strengths by providing cutting-edge programming and competitive financial support to advance biomedical innovation and emerging company growth.

“We are excited to build upon the successful foundation of strong entrepreneurial networks, infrastructure, and programming that we have built over the last four decades” said Dr. Diane Fabel, Chief Operating Officer at the Center for Biotechnology. “The impacts we have had during our last designation period include over $1B in total economic impact with more than 1000 jobs created, and driving more than $315M in follow-on funding. We are excited to see those numbers continue to grow when we celebrate fifty years of hard work at the end of this redesignation period”.

As part of the New York State CAT program, the CFB will continue to work with emerging and established companies across the state to de-risk early-stage technologies, advance both technology and company value, foster public-private collaboration, and provide critical infrastructure for the region’s growing life science ecosystem. Additionally, the CFB team will continue its efforts to develop a life sciences workforce to support the region's bio-innovation economy with a specific emphasis on sectors deemed important to the NYS economy.

Dowload the full press release here.

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Center for Biotechnology Announces Redesignation as New York State Center for Advanced Technology

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Stony Brook Researchers Secure Seed Funding from SUNY TAF

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Traverse Biosciences Secures $500k Seed Financing

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Pilot Awards for Translational Science: LINCATS

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