GENIUS NY is a heavy hitter within the drone startup and innovation scene. And now, one other key business stakeholder is becoming a member of in. In July 2023, GENIUS NY introduced that it’s bringing within the staff from Murzilli Consulting beneath a brand new partnership that might be notably helpful for the startups partnering within the GENIUS NY accelerator program.
GENIUS NY was launched in 2017 as an accelerator for drones and robotics, having invested $18 million in 32 corporations throughout eight international locations since its inception, doled out largely by way of its annual startup pitch competitors. As of now, it’s joined forces with Murzilli Consulting, which is a Switzerland-based aviation consultancy agency based in 2020 by Lorenzo Murzilli.
Murzilli is usually identified for his work as each an aerospace engineer and in growing EU drone laws, U-space frameworks and the SORA methodology. He additionally has different function together with sitting on the board of Israeli UTM firm FlightOps and co-founding DroneTalks, an internet drone neighborhood platform.
What the information means for GENIUS NY drone startups
For the startups taking part in GENIUS NY, it’s doubtless that getting access to Murzilli Consulting experience round strategic and regulatory consulting companies will assist them simplify what’s at the moment a comparatively difficult regulatory panorama — and thus ideally be capable to generate income quicker.
Today, GENIUS NY is taken into account the biggest drone and robotics accelerator program on the earth. It vets startup concepts and gives funds to essentially the most promising based mostly on viability of enterprise fashions. However GENIUS NY has additionally promised to supply extra assist than simply cash by the use of ‘end-to-end’ assist, together with merely providing up workplace house at The Tech Garde (that’s CenterState CEO’s incubator in downtown Syracuse), in addition to the advantage of ultra-close proximity to New York’s Griffiss Worldwide Airport, one among simply seven FAA-designated UAS take a look at websites in the USA. New York can also be the location of the UTM Pilot Program Part 2, and has been the location of different drone testing tasks together with drone parachutes.
Contributors additionally obtain different sources, programming, mentors and connections. And now, startups picked for the GENIUS NY accelerator may also obtain a “assist package deal” curated for the precise firm.
So far as the place GENIUS NY’s funding comes from, nicely, that’s funded by Empire State Growth.
GENIUS NY has traditionally chosen 5 finalists yearly to win. These 5 finalists are assure to separate a part of the $3 million money prize pool — which features a single, $1 million grand prize. This yr’s utility interval closed in Could 2023, however comply with Drone Woman for the following utility window, as we’ll maintain monitoring it right here.
