Cornell, Partner Schools Hope to Open Downtown Ithaca Business Incubator by Fall
Officials responsible for the Downtown Ithaca Incubator — which is being supported by Cornell and other area schools – say they have their eyes set on opening the space by the fall.
The business incubator, which is will be known as “Rev Ithaca Startup Works,” will give entrepreneurs a co-working space where they can work to launch their businesses, The Sun previously reported. The space is being opened through a partnership between Cornell, Ithaca College and Tompkins Cortland Community College.
Renovation of the space — located in the Carey Building east of the Ithaca Commons on State Street — is set to be completed in August, with an additional floor of space becoming available after additional renovations are completed by summer 2015, according to the incubator’s website.
The total cost of renovating the space for the incubator, including he third floor expansion, is estimated to being $3.5 million, which will be provided by New York State and building owner Travis Hyde Properties, The Sun reported in January.