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 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 principally via 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 generally 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 position together with sitting on the board of Israeli UTM firm FlightOps and co-founding DroneTalks, an internet drone group platform.
What the information means for GENIUS NY drone startups
For the startups collaborating in GENIUS NY, it’s probably that getting access to Murzilli Consulting experience round strategic and regulatory consulting companies will assist them simplify what’s at present a comparatively difficult regulatory panorama — and thus ideally be capable to generate income sooner.
Nowadays, GENIUS NY is taken into account the biggest drone and robotics accelerator program on the earth. It vets startup concepts and provides funds to essentially the most promising primarily based on viability of enterprise fashions. However GENIUS NY has additionally promised to supply extra assist than simply cash by means of ‘end-to-end’ assist, together with merely providing up workplace area at The Tech Garde (that’s CenterState CEO’s incubator in downtown Syracuse), in addition to the good thing about ultra-close proximity to New York’s Griffiss Worldwide Airport, one among simply seven FAA-designated UAS check websites in america. New York can be the positioning of the UTM Pilot Program Section 2, and has been the positioning 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 also obtain a “assist bundle” curated for the precise firm.
So far as the place GENIUS NY’s funding comes from, effectively, 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 observe Drone Lady for the following utility window, as we’ll hold monitoring it right here.
