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What you need to know for 12/13/2017

ECIC incubator changes name, plans growth

ECIC incubator changes name, plans growth

Facility will be able to accommodate larger firms in 2018
ECIC incubator changes name, plans growth
People work and mingle inside the Electric City Innovation Center, now called Urban Co-Works, on April 27, 2017.
Photographer: Eric Jenks/For The Daily Gazette

SCHENECTADY — The Electric City Innovation Center, which opened in the City Center at 433 State St. in early 2016, has changed its name to Urban Co-Works and will expand in the new year.

When it opened, the ECIC comprised more than 10,000 square feet on the City Center's fourth floor.

At that time, it had five "members," as occupants were known: Whiteman, Osterman & Hanna LLP;  Mark Little, retired chief technology officer at General Electric; GE Global Research, based in Niskayuna; Union College; and Buzz Media Solutions, a public relations and marketing company.

“We currently have a dozen companies based out of Urban Co-Works including Whiteman, Osterman and Hanna, Beekman 1802, Union College, Magic Digital Media and Genetic Counseling Services,” Urban Co-Works CEO Jeff Goronkin said in a prepared statement.

ECIC was created by Wise Labs — a technology commercialization company heavily populated with retired GE scientists and engineers — in collaboration with Galesi Group, which owns Center City, and the Schenectady County Metroplex Development Authority, which works to recruit and retain businesses in and around the city.

The space features flexible office options, as well as access to amenities like free WiFi, utilities, access to conference rooms, printing, a dining area and kitchen and a multi-media event space.

“Our new name is now in alignment with the all-inclusive flexible office services our company offers its members," Gronkin said in the prepared statement. 

The company will also add office space, starting in January, according to the prepared statement.

“With our expansion, Urban Co-Works can now accommodate companies ranging from one to 50 employees,”  Goronkin said.

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