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Also...Human Technologies Corp. awarded $45M federal contract for third-party logistics, supply-chain management services
UTICA, N.Y. — The federal government has awarded Utica–based Human Technologies Corp. a two-year, $45 million contract to provide third-party logistics and supply-chain management services.
The U.S. Department of State awarded the contract for logistics and services on equipment, security accessories, uniforms, and warehousing, along with freight-logistics services, Human Technologies said in a news release.
Human Technologies’ logistics & manufacturing division is a registered international traffic in arms regulations (ITAR) broker and exporter.
The nonprofit Human Technologies describes itself as a “social enterprise with a mission to create employment for people with disabilities.” Besides its headquarters in Utica, the organization has operations throughout New York, Pennsylvania, Delaware, and northern Virginia.
Since 2013, Human Technologies has provided procurement, supplier management, materials-management services, inspection, assembly, kitting, warehousing, and domestic and international freight logistics to numerous bureaus within the State Department, including anti-terrorism assistance (ATA), special program for embassy augmentation and response (SPEAR), worldwide protective services (WPS), international narcotics & law enforcement (INL), and African peacekeeping and rapid-response partnership (APRRP).
Established in 1954, Human Technologies says it employs more than 300 people and generates more than $40 million in annual revenue, 99 percent of which are from sales of its products and services.
The nonprofit develops, invests in, and manages “numerous” lines of business. They include facilities management and environmental services, apparel and equipment supply-chain services, uniform-management services, and manufacturing and packaging operations.
Genius NY program announces new prize-money structure for third round
SYRACUSE, N.Y. — Genius NY, a business-accelerator program at CenterState CEO’s Tech Garden, has a new prize-money structure for round three of the Genius NY unmanned-aircraft systems (UAS) business program.
Genius NY stands for Growing ENtrepreneurs & Innovators in UpState New York. CenterState CEO’s Tech Garden in downtown Syracuse administers the UAS industry accelerator program.
The program will select five finalist teams from a pool of applicants to participate in the third round.
The program will award a total of $3 million in “direct-investment funding,” with one grand prize of up to $1 million, along with four $500,000 awards.
Previously, the program awarded three grand prizes of up to $1 million, $600,000, and $400,000, as well as three runner-up prizes of $250,000, with $250,000 available for follow-on funding.
Doubling the investment for the finalist teams “will provide them with an even greater opportunity to succeed and grow their business in Central New York,” CenterState CEO said.
“We have learned a lot through two rounds of this program and are in a position, thanks to the unprecedented investments being made by New York state, to make adjustments to create greater impact for the companies in the program and ultimately the region’s unmanned-industry cluster,” Robert Simpson, president and CEO of CenterState CEO, said in the organization’s news release. “We now know that teams need more immediate capital for manufacturing in the Central New York region, and additional funding to hire more employees. The increases in awards will result in a larger budget for companies to hire new employees, supports additional market research and product development, and generally creates a longer runway for companies to achieve revenue and follow-on funding. As these companies grow and evolve they become more integrated in the region’s larger efforts, and strengthen our position as a global leader for the unmanned-systems industry.”
Applications for round three are now open and will be accepted until Oct. 1. Those interested can apply at website www.geniusny.com.
About the program
Round three of the Genius NY program will begin in January and will continue for 12 months. It is the “largest business accelerator competition for the UAS industry in the world,” per the release.
Beyond investments, Genius NY participants have access to some of the region’s “premier” startup programming, including business planning, industry-specific mentorship, and access to vetted service providers offering “startup friendly” terms.
As part of this effort, the program will integrate participants into the larger regional effort to grow unmanned-aircraft systems in Central New York and the Mohawk Valley. They’ll have access to “world-leading” infrastructure and testing assets when they come online. The program also provides participants incubator space, stipends for operating capital, and opportunities to connect with investors for follow-on funding.
“Genius NY has grown in popularity and its brand awareness is attracting teams that have developed a minimum viable product or already commercialized their product,” Rick Clonan, VP of innovation and entrepreneurship at CenterState CEO, said. “We believe this new investment structure will attract technology startups to the region that are further along in their life-cycle, and the risk profile is actually decreased as we are providing a significantly larger investment to each team. The teams will have greater success at follow-on funding with additional front-end investment and support from the Genius NY competition and its investor relationship demo days.”
Also...Human Technologies Corp. awarded $45M federal contract for third-party logistics, supply-chain management services
UTICA, N.Y. — The federal government has awarded Utica–based Human Technologies Corp. a two-year, $45 million contract to provide third-party logistics and supply-chain management services.
The U.S. Department of State awarded the contract for logistics and services on equipment, security accessories, uniforms, and warehousing, along with freight-logistics services, Human Technologies said in a news release.
Human Technologies’ logistics & manufacturing division is a registered international traffic in arms regulations (ITAR) broker and exporter.
The nonprofit Human Technologies describes itself as a “social enterprise with a mission to create employment for people with disabilities.†Besides its headquarters in Utica, the organization has operations throughout New York, Pennsylvania, Delaware, and northern Virginia.
Since 2013, Human Technologies has provided procurement, supplier management, materials-management services, inspection, assembly, kitting, warehousing, and domestic and international freight logistics to numerous bureaus within the State Department, including anti-terrorism assistance (ATA), special program for embassy augmentation and response (SPEAR), worldwide protective services (WPS), international narcotics & law enforcement (INL), and African peacekeeping and rapid-response partnership (APRRP).
Established in 1954, Human Technologies says it employs more than 300 people and generates more than $40 million in annual revenue, 99 percent of which are from sales of its products and services.
The nonprofit develops, invests in, and manages “numerous†lines of business. They include facilities management and environmental services, apparel and equipment supply-chain services, uniform-management services, and manufacturing and packaging operations.
Allegiant Air announces Syracuse flights to Southwest Florida in November
SYRACUSE, N.Y. — Allegiant Air (NASDAQ: ALGT) on Tuesday announced nonstop service from Syracuse Hancock International Airport to Fort Myers / Punta Gorda, Florida beginning Nov. 15.
The flights from Syracuse will land at Punta Gorda Airport.
“We’re very excited to grow again in Syracuse,†Drew Wells, Allegiant VP of planning and revenue, said in a release. “The Syracuse community has been very supportive of Allegiant since we began service here in 2013, and we’re happy to offer area residents the opportunity to enjoy the sunny shores of Southwest Florida.â€
The new flights will operate twice weekly. With the addition of this new route, Allegiant will now serve six cities from Syracuse. Flight days, times, and the lowest fares are available at Allegiant.com, the airline said.
“Today we announce Allegiant’s sixth new nonstop market from Syracuse International Airport,†Christina Callahan, executive director of Syracuse Hancock International Airport, said in the Allegiant release. “We have watched Allegiant grow in our community, and serve our customers with affordable, nonstop flights to the places they want to go.â€
Allegiant’s service to Punta Gorda “is eligible for the [Syracuse Regional Airport Authority’s] incentive program, which includes a combination of fee waivers and marketing assistance,†Callahan told BJNN in an email.
Last edited by ckhthankgod; 08-24-2018 at 09:37 PM..
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