2 local firms get Start-Up NY des­ig­na­tions

Daily Freeman (Kingston, NY) - - LOCAL NEWS - By Wil­liam J. Kem­ble news@free­manon­line.com

The local com­pa­nies An­chor ID and Up Homes have been des­ig­nated Start-Up NY busi­nesses, which waives state in­come taxes for their em­ploy­ees in ex­change for the firms work­ing with SUNY Ul­ster pro­grams.

The des­ig­na­tions were by New York’s Em­pire State De­vel­op­ment Corp., which said An­chor ID is ex­pected to add 15 jobs at 8 North Front St. in Kingston and Up Homes will add seven jobs at 430 Old Neigh­bor­hood Road in the town of Ul­ster.

An­chor ID is an in­for­ma­tion tech­nol­ogy com­pany that has “de­vel­oped a mul­ti­fac­tor au­then­ti­ca­tion plat­form for en­ter­prises and small and medium-sized busi­nesses,” Em­pire State said. “An­chor ID’s plat­form elim­i­nates pass­words for en­ter­prise com­puter sys­tems, pro­vid­ing a bet­ter user ex­pe­ri­ence and high com­pli­ance.”

Chris Marx, SUNY Ul­ster’s dean of con­ti­nu­ity and pro­fes­sional Dd­vel­op­ment, said An­chor ID is ex­pected to pro­vides in­tern­ships for the col­lege’s tech­nol­ogy stu­dents.

“An­chor ID has some re­ally unique soft­ware,” he said.

“As with a lot of col­leges right now, we are work­ing to de­velop our com­puter sci­ence and soft­ware pro­grams ... and we’ve been using [An­chor ID] to help us kind of nav­i­gate this field,” Marx said. “It’s re­ally broad. You look at a lot of these cod­ing com­pa­nies, these cod­ing schools that are crop­ping up, and ob­vi­ously there’s a great work­force need for it, and they’re all very dif­fer­ent. So hav­ing that cur­ricu­lum sup­port from An­chor ID is go­ing to be very ben­e­fi­cial.”

Up Homes, ac­cord­ing to Em­pire State, is a “for­ma­tive stage com­pany that will de­sign, man­u­fac­ture and sell mod­ern, en­ergy-ef­fi­cient and cus­tom­iz­a­ble” man­u­fac­tured and mod­u­lar homes.

“SUNY Ul­ster has a very ro­bust build­ing sci­ence pro­gram, and we’re one of only four en­ergy au­di­tor and build­ing sci­ence test sites in New York state funded by NYSERDA (the New York State En­ergy Re­search and De­vel­op­ment Au­thor­ity),” Marx said. “So work­ing with them on a pro­fes­sional level has been very ben­e­fi­cial to us.”

Both com­pa­nies were des­ig­nated as el­i­gi­ble for Start-Up NY ben­e­fits ear­lier this year be­cause of their prox­im­ity to the col­lege’s pro­grams at the Busi­ness Re­source Cen­ter in the town of Ul­ster.

Com­pa­nies ac­cepted into the Start-Up NY pro­gram re­ceive ben­e­fits that in­clude 10 years of prop­erty tax ex­emp­tions for the busi­ness, a waiver of cor­po­rate taxes and state in­come tax ex­emp­tions for em­ploy­ees.

Newspapers in English

Newspapers from USA

© PressReader. All rights reserved.