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In March 2020, Boyce Technologies partnered with NewLab and 10XBeta to provide NYC hospitals in critical need of “bridge” ventilators. As explained in a licpost article, the bridge machines are used to treat patients with less severe respiratory symptoms. Critically ill coronavirus patients will still need to be intubated with standard ventilators.
The collaboration between New York biomedical engineers, researchers, physicians, experts, and manufacturers is highly unusual in terms of the rapid one-month deployment. Consider that development would normally take at least a year. Boyce was instrumental in securing additional robots from ABB Robotics. In less than 30 day, our client went into mass production.
For a local perspective with video and national coverage, see what the WSJ and NYTimes had to say in April 2020 about Boyce and collaborators’ contributions to NYC’s stockpile of supplies for current and future pandemics.
“The mission for the New York group was to make the low-cost ventilators quickly. The hub of that effort is a former perfume factory in Long Island City, Queens, that is now home to a high-tech manufacturer, Boyce Technologies.”
—NYTimes, April 20, 2020
In March 2020, Boyce Technologies partnered with NewLab and 10XBeta to provide NYC hospitals in critical need of “bridge” ventilators. As explained in a licpost article, the bridge machines are used to treat patients with less severe respiratory symptoms. Critically ill coronavirus patients will still need to be intubated with standard ventilators.
The collaboration between New York biomedical engineers, researchers, physicians, experts, and manufacturers is highly unusual in terms of the rapid one-month deployment. Consider that development would normally take at least a year. Boyce was instrumental in securing additional robots from ABB Robotics. In less than 30 day, our client went into mass production.
For a local perspective with video and national coverage, see what the WSJ and NYTimes had to say in April 2020 about Boyce and collaborators’ contributions to NYC’s stockpile of supplies for current and future pandemics.
“The mission for the New York group was to make the low-cost ventilators quickly. The hub of that effort is a former perfume factory in Long Island City, Queens, that is now home to a high-tech manufacturer, Boyce Technologies.”
—NYTimes, April 20, 2020
NYC agencies are encouraging investments in IndustrialBusiness Zones (IBZ).This is good news for real estate developers and building owners hoping to attract manufacturing and light industrial tenants through redevelopment of their properties. Financial assistance through the NYCIndustrial Development Agency (NYCIDA) can make a sizeable contribution to most capital stacks.
For many organizations, delaying a project means delaying future success. Tax credits and economic incentives can help fund the next step forward in any mission-driven organization’s growth and evolution. Considering the life line that these programs can represent, let’s take a few moments to understand what incentives are and how to tap into the potential for your company.
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