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| News From the Innovation Law Center Innovation Law Center 
The ILC is the designated NYS Science & Technology Law Center. It is funded by the Empire State Development Corp. to provide information and research on legal issues relevant to the technology commercialization process. Research is available to early-stage companies, research centers, economic development agencies, technology transfer offices and researchers throughout New York State. Research on the intellectual property, competitive and market landscapes relevant to a new technology are completed by law and business students under supervision of faculty. If you are interested in having the ILC complete research, please submit a request here. The NYS Science & Technology Law Center was a proud Platinum Sponsor at this year’s New York State Innovation Summit 
The NYS Science & Technology Law Center, Syracuse CASE, and SyracuseCoE were proud Platinum Sponsors at this year’s NYS Innovation Summit. Over 600 people from across New York State attended this year’s summit. It was a huge success. See what local news outlets The Daily Orange and Spectrum News 1 had to say about the event. | | | | | |
| IP / Regulatory Law Watch Settlement Caps NIL Payments to Student Athletes On November 2, 2024, a federal judge granted preliminary approval for a $2.7 billion settlement in an antitrust class action involving the NCAA. If finalized, highlights include limiting NCAA schools to a maximum of $23.1 million annually in compensation for student-athletes’ name, image, and likeness (NIL), with annual increases during the ten-year settlement. A final approval hearing is scheduled for April 7, 2025. The settlement also includes provisions for NIL collectives to provide payments, contingent on compliance with NCAA rules. Read more about the implications of this settlement here. Dow Jones and New York Post Sue Perplexity AI Over Copyright Infringement This past month Dow Jones and New York Post filed a lawsuit against Perplexity AI, alleging extensive illegal copying of copyrighted material. The lawsuit claims Perplexity is unlawfully competing for readers while relying on the valuable content produced by news publishers. The case, filed in the Southern District of New York, underscores the ongoing conflict between publishers and tech companies over the use of copyrighted content in AI systems. Perplexity, which aims to disrupt the search engine market, generates summaries from various authoritative sources and promotes its ability to let users “skip the links.” The publishers argue that unlike search engines, which help users discover their work, Perplexity substitutes their content. Read more about the implications of this lawsuit here. | | | | | |
| Around NY State 
Governor Hochul Announces Million Dollar Winners for Tenth Annual 43North Startup Competition On October 21, 2024, Governor Kathy Hochul revealed the winners of the tenth annual 43North competition, awarding five startups $1 million each to grow their businesses in Buffalo. The competition attracted applicants from 36 countries, with the winners—CoverRight, FoodNerd, HeronAI, Rarebird, and Spiky.ai—set to relocate to Buffalo in January 2025. This year’s event celebrated a decade of supporting innovation, with 43North’s initiatives creating nearly 1,000 jobs in the region. Read more about the winners and their impact here. | | | | | |
| Upcoming Events Manufacturing Day 2024 - What: Free event for students, job seekers, and employers, is part of an effort to highlight advanced manufacturing
- Where: Jorgensen Center Field House, MVCC Utica Campus
- When: Wednesday, November 6, 2024, 8:30 – 11:30
LifeSciencesNY Annual Conference – Together ’24 - What: Networking event with the audience of businesses, academic, and government leaders.
- Where: Harro East Ballroom, Rochester
- When: November 13th & 14th
U.S. Small Business Administration 2024 Innovation Ecosystem Summit - What: The SBA Innovation Exosystem Summit is curated to connect organizations across sectors to learn from one another to build a thriving national innovation ecosystem that promotes equitable access to capital and resources for innovators nationwide.
- Where: Virtual
- When: November 14th & 15th
Advance Your Startup at Luminate: An Overview with Accelerator Staff - What: If you’re a startup from early-stage to Series A funding with an application that uses optics, photonics, or imaging to solve an industry problem, Luminate can help strengthen your business case and speed your technology commercialization.
- Where: Virtual
- When: November 14, 2024, 1:00-2:00
CNYBAC presents: Medical Device Supply Chain Management: Best Practices to Improve Your Competitiveness - What: Obtain the best-in-market value from suppliers, helping to improve your organization’s competitiveness and profitability.
- Where: Virtual
- When: December 4. 2024 @ 3:00 pm
NextCorps Hardware Accelerator: Medical Device Regulation - What: Talk about medical device innovation and start-up company decisions to be confirmed early in the commercialization process.
- Where: Virtual
- When: January 27, 2025 @ 1:00 pm
Do you have an event or schedule you would like to advertise? Contact Karen Scullion at nysstlc@syr.edu to share it in our next monthly newsletter. | | | | | |
| Funding Opportunities From early-stage non-dilutive funding to tax benefits and investment funds, NYS has several funding resources for inventors and entrepreneurs. Check out the links below for more information: -
- 2024 Microelectronics Innovation Challenge
- As part of the Jeff Lawrence Innovation Fund, and in partnership with the U.S. Department of Defense, FuzeHub will administer a Microelectronics Challenge. Up to $180,000 in funding is available. Applications will open on Friday, November 15, and close on Monday, December 16 at 11:59 PM EST.
- The NYS Fashion Innovation Center
- The NYS Fashion Innovation Center (FIC) announces the first round of pilot grants. Projects can include areas from agricultural production to biomaterials leading to growth and increased sustainability in the textile industry. Click here for more details.
- USPTO Law School Clinic Certification Program
- The USPTO has a directory for participating law schools throughout the U.S.
- VLA Patent Pro Bono Program
- Volunteer Lawyers of the Arts helps inventors in the NYC area with drafting patent applications.
- Empire State Development
- ESD offers several resources, including: Start-UP NY, the Innovate NY Fund, NY Ventures, and the Small Business Credit Initiative (SSBCI).
- FuzeHub
- This company points to a collection of resources for manufacturing and technology start-ups.
- 43North
- 43North annually invests in startup companies located in Buffalo, NY.
- Pursuit Lending
- Pursuit provides loans and information for small business owners in NY.
- America’s Seed Fund
- The National Science Foundation (NSF) invests in early-stage projects with this fund.
- NYS Investment Entities, Including:
Questions or Suggestions: Contact Innovation Review Editor Patrick Cramer at nysstlc@syr.edu | | | | | |
