The new technological age offers many opportunities, yet more specifically there is so much opportunity for entrepreneurs in the drone industry.
Right now there’s a really exciting competition for drone enthusiasts and entrepreneurs interested in starting or growing a drone-based business!
“Every once in a while, a new technology, an old problem, and a big idea turn into an innovation.”-Dean Kamen
GENIUS NY, the world’s largest business accelerator for drone and UAS-based startups, is gearing up for their 3rd annual competition.
GENIUS NY was started in Central New York in order to fuel the growth of innovative startup businesses in the drone industry.
To date, they’ve handed out millions, that’s right I said MILLIONS, of dollars to exciting, groundbreaking drone businesses around the world.
This year, they’re planning on awarding $1M to the top team, as well as $500K to 4 separate runner-up teams.
They’re passionate about helping grow the drone industry, and some winning teams from years past have turned into some of the most exciting drone-based businesses operating today.
For example, Virginia based business TruWeather participated in the competition, and specialize in using drones to improve the precision, accuracy and communication of weather intelligence.
Fotokite, out of Switzerland combines aerial and ground-based robotics with flight control algorithms to create a kite-like tethered drone system that can fly fully autonomously for 24 hours.
And Syracuse native, UsPLM, provides a collaborative environment to develop, test, deploy and safely operate a single or a fleet of unmanned aerial systems.
GENIUS NY is funded with $5 million from NYS Empire State Development (ESD) and from contributing sponsors.
I’d highly encourage anyone interested in starting or growing a drone-based business to check it out.
Its honestly an incredible program providing huge opportunities for entrepreneurs with a passion for drone and UAS technology. Here are some details about how to apply:
Visit the application process page to learn more about how to get involved with GENIUS NY.
Turn your innovations into reality or if you know someone who is interested in growing a drone-based startup, click this link to visit GENIUS NY’s website and learn more about this phenomenal program.