QUEENSBURY — A Saratoga-based internet firm wants to partner with SUNY Adirondack on a Start-Up NY application.
Tressie LaFay, assistant to the community college’s president, told the college’s board of trustees last week the company is developing software that helps manage domain traffic. She explained that large companies own a lot of website names. For example, Nike.org owns related website names such as nikerunningshoes.com, which automatically sends customers to the actual Nike website.
“This company will develop software that will help with all of that behind-the-scenes redirecting,” she said. “The whole idea is to make it easier for an online user to get to the right part of the web page they’re looking for. It shortens the cycle between the customer logging on to the internet and making a purchase.”
Under the Start-Up NY program, new businesses or businesses moving into the state can receive full income tax and sales tax breaks for 10 years if they locate within one mile of a SUNY college. The company is located near the college’s Wilton campus, according to LaFay.
Company officials have met with faculty in the computer science, technology and business departments. Staff members saw potential for academic benefits such as internships. The company would take at least one intern per semester to start.
LaFay would not identify the company. She said the name is not disclosed until later in the application process, if it is approved by Empire State Development.
There would be no cost to college, according to President Kristine Duffy.
College officials are now more familiar with the Start-Up NY process. Four firms previously expressed interest in partnering with the college, but none of the applications was pursued.
Adirondack Technical Solutions of Argyle, which specializes in cyber security, bowed out because it was expanding rapidly and did not want to be tied up with the designation process.
Glens Falls-based Just Beverages expressed interest, but ultimately the company decided not to seek any tax breaks.
Both Argyle Cheese Farmer and Webiomass, which manufactures and distributes wood chips, pellets and sawdust for boilers, had considered applying.
College spokesman Doug Gruse said both companies withdrew their applications for reasons unrelated to the Start-Up program.
The board approved submitting the application for the new internet business.
Trustee Bernice Mennis said the application is good news, especially since the Start-Up program has gotten so much bad publicity.
Empire State Development released a report over the Fourth of July weekend stating that in the first year of the program, 54 companies created 76 jobs. In the second year, 105 companies created 332 jobs. In the program’s first year, the state spent $45 million on television commercials to promote it.
Gov. Andrew Cuomo on Friday announced that 39 businesses have joined Start-Up NY and have committed to create 817 new jobs. He said the program now has commitments from more than 200 companies to create at least 4,500 new jobs and invest in more than $251 million in the next three to five years.