Governor Cuomo Announces Expansion of Datto, Inc. in Downtown Rochester and Creation of New Venture Capital Fund With Excell Partners
September 26, Albany, NY
The Governor today also announced the establishment of the Finger Lakes Forward Venture Capital Fund (FLX Fund). The $25 million targeted investment fund will provide early-venture stage capital investments ranging from $500,000 to $1.5 million for startup companies in key high-tech industries such as advanced manufacturing, life and material sciences, optics, photonics & imaging and others. The fund will be managed by Excell Technology Ventures, an offshoot of Excell Partners, and was a priority project identified to help increase access to capital for growing companies in the FLREDC's Finger Lakes Forward Upstate Revitalization Initiative strategic plan.
Excell Partners CEO Theresa Mazzullo said, "The Finger Lakes Forward Venture Capital Fund is yet another example of how Governor Cuomo is making upstate NY more competitive. This Fund will help to close the capital gap by providing funding that will help high tech startups expand and grow. Excell's 12-year track record shows a direct correlation with investment and job creation. The FLX Fund is guaranteed to bring more new jobs to the Finger Lakes Region. We owe a debt of gratitude to the Governor for his ongoing support for innovation in upstate."
To be eligible for an investment from the FLX Fund, a company will be required to be located somewhere within the nine-county Finger Lakes region, and maintain either its headquarters in the area or ensure that at least 75 percent of its employees are working in the region for a period of no less than three years after that initial investment. The targeted investments will require a 2:1 private to public match over the life of the fund, with a minimum 1:1 match for any individual investment. Empire State Development will receive 80 percent of the fund profits or gains from the investment; Excell Technology Ventures will retain 20 percent to be reinvested in the fund.
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An ambitious study of 153 classrooms in the United Kingdom provides the best evidence that flexible spaces can boost academic performance.
By Stephen Merrill
June 14, 2018There are plenty of studies that isolate the effects of light, acoustics, or air quality on learning. But the research on flexible classrooms is frustratingly scarce.
There are good reasons for the apparent lack of interest. Variables like natural light and acoustics lend themselves to single-factor experiments that can be conducted in a laboratory setting. Give subjects a task to complete in a room with ample windows, for example, and then administer the same test in a room without them.
But flexible classrooms are complex, living systems. One flexible space looks nothing like the next, and often dozens of children and one or more teachers operate within them, pushing and pulling furniture into novel configurations, dimming or turning up lights, and otherwise reshuffling things to suit an almost infinite variety of personal preferences. Studying flexible classrooms, it would seem, means circulating among real children.
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What's the buzz?
"Since incorporating the Vidget in our classroom, I have noticed an improvement in attention span, participation, and regulation in my students"
Tara, Occupational Therapist
"The little girl I used it with sat down and ate lunch which she usually does not do - she tends to stand or sit and wiggle in her seat."
Melanie, Director of Occupational Therapy
"When Pearl is in a Vidget, her behavior is 100 times better than when she’d in a normal chair. She’s still has difficulty sitting for that long, but it makes a HUGE difference! Without it, she’s everywhere."
Lara, Pre-K Teacher