UConn Opens TIP Digital, Its Data Science Technology Incubator in Stamford

NEWS COVERAGE

Stamford Advocate 02.16.2021

Fairfield County Business Journal 02.17.2021

Hartford Business Journal 02.18.2021

 

Stamford Advocate

UConn announces opening of ‘data science technology incubator’ on Stamford campus

By Luther Turmelle

UConn on Tuesday announced the opening of a data science technology incubator in the city.

The 5,685 square-foot facility at 9 West Broad Street is hosting five start-up companies initially. The incubator includes office space and shared work areas.

The Stamford incubator is one of three Technology Incubation Programs the university operates. The other two are at the school main campus in Storrs and at UConn Health in Farmington.

Radenka Maric, UConn’s vice president for research, innovation and entrepreneurship, said the combination of Stamford’s vibrant business community and UConn’s strengths in data science and innovation will allow the new technology incubator to “become an engine for new company and job creation.”

One of start-ups in the Stamford incubator is ACW Analytics, which uses advanced modeling to predict the impact of extreme weather on critical infrastructure such as power utilities.

ACW Analytics chief executive officer Vijay Jayachandran said the location between Hartford and New York gives the company easy access to customers in the insurance, risk, and finance sectors.
“As our company gains market traction, we expect to create new jobs, participate in thought leadership, and enrich the entrepreneurial community in the region,” Jayachandran said. “We hope to be part of something bigger, by attracting new talent to Connecticut and making it a destination of choice in the post-COVID world.”

The other startups besides ACW are Foot Traffic State, Illumu, Inc., Populi, Inc., and Sky Squeegee.

According to UConn, the incubator is the first of a three-part initiative to expand the school’s Stamford operation. The school said it will next hire five junior faculty “with expertise in data science to fuel innovation and an experiential learning co-op led by the Peter J. Werth Institute for Entrepreneurship & Innovation.”

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Fairfield County Business Journal

UConn opens data science tech incubator at Stamford campus

By Phil Hall

The University of Connecticut has opened a data science technology incubator at its Stamford campus.

The new 5,685-square-foot facility at 9 W. Broad St. will be part of the school’s technology incubation program (TIP), which has locations at the main campus in Storrs and at UConn Health in Farmington. According to UConn, Stamford-based startups that are accepted into the incubator will have access to the school’s offices and shared work areas, research infrastructure, faculty experts and student talent, along with business mentoring and networking opportunities.

The Stamford incubator has five startups. UConn is also planning to hire five junior faculty with expertise in data science to coordinate an experiential learning co-op that will direct students in spending an “entrepreneurial year” in Stamford helping companies tackle real-world problems with data science solutions.

“We are focused on attracting, supporting and growing early to midstage startup companies in any data science related field, through the creation of a robust entrepreneurial ecosystem connected to the world-class research capabilities at UConn,” said Radenka Maric, UConn’s vice president for research, innovation and entrepreneurship.

“Thanks to the vibrancy of the business community in Stamford and UConn’s strengths in data science and innovation, we’re confident that TIP Stamford will become an engine for new company and job creation.”

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Hartford Business Journal

UConn opens Stamford incubator for data science startups

By Sean Teehan

The University of Connecticut has opened an incubator for startup companies in the data sciences fields, adding to its Technology Incubation Program (TIP) in Farmington and Storrs.

The Stamford incubator will host early to mid-stage companies focused on data science in a nearly 5,700-square-foot facility on 9 West Broadway St. in Stamford, according to UConn.

“Thanks to the vibrancy of the business community in Stamford and UConn’s strengths in data science and innovation, we’re confident that TIP Stamford will become an engine for new company and job creation,” Radenka Maric, UConn’s vice president for research, innovation and entrepreneurship, said.

The move comes after TIP companies raised nearly $463 million in 2020.

Funding for TIP Stamford comes from UConn and a $2.1 million grant from StamfordNext, an offshoot of CTNext, the state-backed entrepreneurial network.

“StamfordNext believes in the growth of the data science field,” said Wesley Bemus, executive director of StamfordNext. “We are excited about the impact TIP will have on existing companies in the area and the potential of fulfilling their data science needs.”

Startups in TIP Stamford’s inaugural cohort include:

ACW Analytics LLC, a startup aimed at creating software that will help public and private infrastructure owners prepare for weather events, and handle their aftermath.

Illumu Inc., a startup that uses artificial intelligence to measure many aspects of human psychology.

Populi Inc., which is focused on making healthcare analytics faster and more available to consumers, while protecting privacy.

Sky Squeegee, a drone platform that can be used to clean, treat, and inspect difficult to access structures.