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Marist Center for Innovation and Entrepreneurship
Also known as: Marist CIE, Fulton Technology CrossRoad, 51 Fulton Street Incubator
Marist University · Poughkeepsie, NY
Quick fit check
- No funding listed
- No equity required
- Currently active
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Key numbers
Funding range
—
Equity
None
Application
Rolling
External
Last activity
2018-06-01
Medium confidence
Marist Center for Innovation and Entrepreneurship
Business incubator and innovation center located at 51 Fulton Street (Fulton Technology CrossRoad) on Marist University's east campus. Provides 25,000 sq ft of office/incubation space for technology-based small and medium businesses, with high-speed network connections, cloud computing resources, and data center access.
Funded by a $1.5M Empire State Development grant as part of a $15.8M project. The building (45,000 sq ft total) was purchased in 2013 and renovated to house the center. Opened ~summer 2018. Located within Marist's Science and Research area, near the $33M Science and Allied Health Building.
The center is linked to Marist's NYS Cloud Computing and Analytics Center ($3M, 2012) and the Institute for Data Center Professionals, providing tenants with access to advanced computing and analytics capabilities.
Assessment
Marist has invested significantly in physical incubation infrastructure ($15.8M project, 25,000 sq ft of dedicated space). However, tenant outcomes, startup graduates, and current occupancy rates are not documented in available sources. The center is more of a technology-focused business park than a programmatic accelerator with mentorship and funding components.
Sources
Related
Additional research notesShow
Evidence
Westfair Communications article (May 3, 2016) confirms the grant, budget, timeline, and strategic rationale. Marist spokesman Greg Cannon is quoted describing the center's purpose: helping area businesses "better utilize and leverage technology." The center was also positioned to support potential Start-Up New York participation.
News & articles
News articles and official sources documenting Marist Center for Innovation and Entrepreneurship at Marist University.
2 sources
Center for Innovation and Entrepreneurship — Fulton Technology CrossRoad
Marist University
# Center for Innovation and Entrepreneurship — Fulton Technology CrossRoad Westfair Communications article (May 3, 2016) detailing Marist's plans for the Center for Innovation and Entrepreneurship at 51 Fulton Street. $1.5M Empire State Development grant, $15.8M project, 25,000 sq ft office/incubation space for technology-based businesses. Building purchased 2013 (45,000 sq ft warehouse), renamed Fulton Technology CrossRoad. Expected opening summer 2018.
Marist University Entrepreneurship Ecosystem Sources
Marist University
# Marist University Entrepreneurship Ecosystem Sources Supporting evidence for Marist's broader entrepreneurship ecosystem. Includes: Marist entrepreneurship program page (current) — concentration within Business Administration B.S. NYS Cloud Computing and Analytics Center — CCAC website, $3M state grant, incubation/prototyping services Steel Plant makerspace — Empire State Development release (Feb 2019), $2.5M NYS + $26M Marist investment These sources establish the curricular and physical infrastructure context.