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 group from Murzilli Consulting underneath a brand new partnership that could possibly 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 firms throughout eight nations 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 creating EU drone rules, 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, a web based drone neighborhood platform.
What the information means for GENIUS NY drone startups
For the startups taking part in GENIUS NY, it’s seemingly that getting access to Murzilli Consulting experience round strategic and regulatory consulting companies will assist them simplify what’s presently a comparatively difficult regulatory panorama — and thus ideally be capable to generate income quicker.
Lately, GENIUS NY is taken into account the biggest drone and robotics accelerator program on the earth. It vets startup concepts and gives funds to probably the most promising based mostly on viability of enterprise fashions. However GENIUS NY has additionally promised to offer extra help 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 check websites in the USA. New York can also be the location of the UTM Pilot Program Section 2, and has been the location of different drone testing tasks together with drone parachutes.
Contributors additionally obtain different assets, programming, mentors and connections. And now, startups picked for the GENIUS NY accelerator may even obtain a “help bundle” curated for the particular firm.
So far as the place GENIUS NY’s funding comes from, nicely, that’s funded by Empire State Improvement.
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 12 months’s utility interval closed in Might 2023, however comply with Drone Woman for the subsequent utility window, as we’ll preserve monitoring it right here.
