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Launch NY invests in Binghamton graduate’s startup Bridge Green Upcycle
BINGHAMTON — Launch NY says it is investing in Bridge Green Upcycle, a Binghamton–based clean-energy startup, after identifying the firm as a “high-promise and high-impact company.” Launch NY invested from its Nonprofit Seed Fund and for-profit LP Fund II, per its March 12 announcement. “We’re thrilled that Launch NY, including our Emerging Cleantech Opportunity (ECO) […]
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BINGHAMTON — Launch NY says it is investing in Bridge Green Upcycle, a Binghamton–based clean-energy startup, after identifying the firm as a “high-promise and high-impact company.”
Launch NY invested from its Nonprofit Seed Fund and for-profit LP Fund II, per its March 12 announcement.
“We’re thrilled that Launch NY, including our Emerging Cleantech Opportunity (ECO) Incubator, is a partner in the Upstate New York Energy Storage Engine that is making our region a hub of battery technology innovation,” Marnie LaVigne, president and CEO of Launch NY, said in the announcement. “This investment is a reminder of how powerful seed stage capital is in establishing startups right here in our own backyard to build our new economy, while addressing technology needs, global competitiveness, national security on a much broader scale.”
Bridge Green Upcycle is a member of the Koffman Southern Tier Incubator at 120 Hawley St. in Binghamton.
Bridge Green Upcycle on its website says it has a mission of “cleaning up clean energy.” The firm seeks to accomplish this by extracting critical minerals from end-of-life and manufacturing scrap batteries to reuse in various other industries, ranging from battery manufacturing to pharmaceuticals to even paints, Launch NY said. In doing so, it maintains a “circular economy” where materials can gain “new leases on life,” without needlessly adding to landfills or requiring new manufacturing.
This is a low-carbon, mining-free and cost-effective process, one that Balki Iyer, founder and chairman of Bridge Green Upcycle, emphasizes is “key to revolutionizing and completing” the clean-energy transition.
“The demand for critical minerals that goes into a battery is experiencing an exponential growth driven by major industries like transportation, stationary energy storage and consumer electronics. Bridge Green’s mission to ensure batteries don’t get consumed like oil but upcycled and reused over and over so we can support domestic supply chain and energy dominance for [the] United States,” Iyer said in the Launch NY announcement. “None of this is possible without the amazing support of a lot of people out here, especially in the NY ecosystem. It was critical for us to receive investment in our current fundraising round from a local funder, and Launch NY stepped in at exactly the right time. I really, truly believe that battery upcycling is a once-in-a-lifetime opportunity to make a big change that can help not only this region, but also the country and the planet. Bridge Green Upcycle is proud to have Launch NY join our list of reputed global investors in an oversubscribed round, positioning us well to scale.”
Iyer is a 2000 graduate of Binghamton University.
Launch NY describes itself as the only nonprofit venture-development organization and U.S. Treasury-designated Community Development Financial Institution (CDFI) that serves and directly funds startups in Upstate New York.
The core mission of Launch NY is to “identify, support and invest in high‐growth, high‐impact companies and to catalyze the entrepreneurial culture of Upstate New York on behalf of job and wealth creation.”
Launch NY is a core partner of the NSF Engines: Upstate New York Energy Storage Engine — designated last year as one of 10 inaugural U.S. National Science Foundation Regional Innovation Engines around the country. The Engine is a multi-coalition, cross-sector effort that bridges the work of industries, academic institutions, small businesses and government entities to bolster Upstate New York’s economy and strengthen its battery ecosystem.
The Engine is one of the latest cornerstones of Binghamton University’s battery initiatives, aiming to transform New York into the nation’s leader in energy storage research and development. It works closely to complement the existing efforts of New Energy New York (NENY), a double-awardee of the Build Back Better Regional Challenge and Regional Tech Hub designation.
As a member of the Koffman Southern Tier Incubator and Launch NY’s Emerging Cleantech Opportunity (ECO) Incubator, Bridge Green Upcycle plays an active role in NENY’s ecosystem. It has received technical assistance from NENY as well as support to hire paid student interns each semester since 2023, as part of NENY’s Student Startup Experience.
VIEWPOINT: Broome County’s Transformation
When I first stepped into the role of Broome County Executive [in early 2017], I wasn’t interested in lip service or finger-pointing. I knew that Broome County had the bones of a great community — strong people, a rich history, and neighborhoods full of potential. What we needed was a plan, hard work, and a
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When I first stepped into the role of Broome County Executive [in early 2017], I wasn’t interested in lip service or finger-pointing. I knew that Broome County had the bones of a great community — strong people, a rich history, and neighborhoods full of potential. What we needed was a plan, hard work, and a commitment to doing right by our people.
Since then, we’ve gotten a lot done — not through slogans or speeches, but by rolling up our sleeves and getting to work. Today, Broome County is moving forward again and experiencing a remarkable transformation, and I’m proud to share some of the ways we’ve helped bring new life to this place we all call home.
One of the biggest challenges — and opportunities — we’ve tackled head-on is housing. For years, we saw young families struggling to find affordable homes, seniors in need of safe options to age in place, and neighborhoods burdened by aging or abandoned properties.
So, we got to work.
Just this year alone, Broome County is supporting the construction of more than 650 new housing units — from workforce housing and senior apartments to mixed-use downtown projects. We’ve worked closely with municipal and state leaders, and nonprofit developers to help make these projects a reality. And next year we plan to build another 850 housing units.
This isn’t just about buildings. It’s about restoring pride, giving families stability, and building a future where every resident has a place they’re proud to call home.
A big part of revitalizing Broome County has been breathing new life into our economy. With a record-low unemployment rate, we’ve worked hard to attract investment, support our local businesses, and get more people into good-paying jobs — right here at home.
Take Oakdale Commons in Johnson City. What was once a struggling mall is now becoming a thriving destination offering health care, recreation, shopping, and more. It’s not just about stores — it’s about jobs, momentum, and reimagining how we use our spaces to serve people better.
Beyond the Commons, we’ve seen more than $500 million in private investment in just the last year. That includes new manufacturing centers like BAE’s recent $65 million battery production line and expanding medical services that not only treat patients, but also employ our neighbors. We’ve also worked closely with SUNY Broome and Broome-Tioga BOCES to align training programs with the needs of today’s employers, so we can keep more of our young talent right here.
While some improvements are big and visible, others are simply about making daily life easier and safer. Last year we paved a record number of miles of roads and repaired aging bridges — the kind of projects that make a difference every time someone drives to work, takes the kids to school, or gets groceries.
We’ve upgraded 911 systems and emergency communications so our first responders can respond quickly and reliably — even in rural areas.
The Greater Binghamton Airport, in the town of Maine, is undergoing a major transformation with a redesigned terminal, which serves as a gateway to our community and will soon reflect the growth happening across Broome County.
Through our countywide Parks Improvement Program, we’re giving our parks major upgrades — like the transformation underway at Grippen Park, which will soon feature new pickleball courts, a winter ice rink, wiffle ball stadium, and so much more. Otsiningo Park, Nathaniel Cole Park, and others across the county are getting more use than ever. Families are walking, kids are playing, and people are rediscovering the joy of the outdoors — right in their own backyard.
We’ve also tackled blight, helped towns demolish abandoned structures, and cleaned up properties that were dragging neighborhoods down. These small wins add up to big changes.
We’ve hosted events that put Broome County on the map — like the back-to-back champion Binghamton Black Bears [minor-league hockey team] making national headlines, and the county hosting the New York State boys’ and girls’ softball championships. These events along with all our other great local festivals bring people here, boost local pride, and show what our community has to offer.
Through it all, we’ve kept our financial footing strong. Seven straight property tax rate decreases. A stronger credit rating. A huge increase in our rainy-day savings fund, and smart, conservative management of public dollars.
I believe government works best when it’s transparent, focused, and efficient — and that’s how we’ve run Broome County.
We’re not slowing down. Over the next few years, we’ll keep pushing to create more housing, grow our economy, and expand the services that improve lives. That includes new public-transportation options, more jobs and housing, and continued investment in the health and safety of our residents.
Broome County is on the rise — not because of any one program or person, but because we believed in our community and worked together to make things happen.
I’m proud of how far we’ve come — and excited about where we’re going. The work isn’t finished, but the foundation is solid. And together, we’ll keep building something great.
Jason T. Garnar is the Broome County Executive. Contact him at county.executive@broomecountyny.gov
State boys high school basketball championship generates $1.9M economic impact
BINGHAMTON — The New York State Public High School Athletic Association Boys Basketball Championship, which took place from March 21-24 at the Visions Veterans Memorial Arena in Binghamton, delivered a significant economic boost to the community in the first year of a three-year hosting agreement. Preliminary figures from Visit Binghamton show that the inaugural-year event
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BINGHAMTON — The New York State Public High School Athletic Association Boys Basketball Championship, which took place from March 21-24 at the Visions Veterans Memorial Arena in Binghamton, delivered a significant economic boost to the community in the first year of a three-year hosting agreement.
Preliminary figures from Visit Binghamton show that the inaugural-year event generated an estimated $1.9 million in total economic impact including revenue from accommodations, dining, transportation, shopping, and local services.
“Events like this are big for Broome County,” Broome County Executive Jason Garnar said in an announcement. “They support our local businesses, energize our community, and put us on the map. We look forward to welcoming teams, families, and fans back over the next two years as we continue to show them everything our community has to offer.”
Key highlights from the 2025 boys basketball tournament included more than 19,900 total visitors over the course of the event from across the region and beyond and boosted visibility and media attention from local businesses and tourism enhancing the city’s reputation as a destination for basketball and court sports.
“Hosting the state championships brings real momentum to our city — from packed hotels and restaurants to packed stands at the arena,” Binghamton Mayor Jared Kraham said in the announcement.
William R. Gorham, III has been named a new shareholder at BCA Architects & Engineers. Gorham has been a valued leader at BCA since 2021,
BCA Architects & Engineers has named Taylor J. Woolf as a new shareholder. His professional journey is a testament to hard work, growth, and steady
Krockathon Reboot is set for late July at the State Fairgrounds
GEDDES, N.Y. — Local rock festival Krockathon Reboot will return to Chevy Court at the New York State Fairgrounds on July 26. The Sweet Grass
MACNY’s 112th Celebration of Manufacturing dinner recognizes leaders, longevity
ONONDAGA, N.Y. — It was a night of remarks, multimedia tributes, and award presentations as MACNY, The Manufacturers Association, hosted its 112th annual Celebration of
Former North Country elected official pleads guilty to theft
WILLSBORO, N.Y. — Bridget Brown, the former treasurer of the Essex County Agricultural Society and former Willsboro town clerk/tax collector, recently pled guilty to stealing
CenterState CEO appoints Fournier as new board chair
SYRACUSE, N.Y. — CenterState CEO, the region’s largest economic development and business leadership organization, has announced that its board of directors has elected KeyBank Central New York Market President Stephen Fournier as the organization’s new board chair. Fournier succeeds David Schneckenburger, president and CEO of Thompson & Johnson Equipment Co., Inc., who served as board
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SYRACUSE, N.Y. — CenterState CEO, the region’s largest economic development and business leadership organization, has announced that its board of directors has elected KeyBank Central New York Market President Stephen Fournier as the organization’s new board chair.
Fournier succeeds David Schneckenburger, president and CEO of Thompson & Johnson Equipment Co., Inc., who served as board chair since 2022.
Fournier has served as the leader of KeyBank’s Central New York Market for more than two decades. In this role, he is the senior representative and spokesperson and leads the organization’s economic and community development efforts in Central New York’s 14-county footprint. He also oversees KeyBank’s branch network along the I-90 corridor including the Buffalo, Rochester, Central New York, Capital Region markets. He leads efforts to promote steady business growth, strengthen relationships and deliver the breadth and depth of the bank’s financial services across upstate New York.
“Steve is a longstanding, committed partner to CenterState CEO,” Robert Simpson, president of CenterState CEO, said in the announcement. “Through his leadership, KeyBank and the KeyBank Foundation have been heavily involved in our programmatic work, investing in initiatives to provide assistance to entrepreneurs and small-business owners, and supporting equitable growth within in our community. We’re incredibly fortunate to have him step into this new role as chair as we work to advance our mission-focused work at a period of profound growth and opportunity in our region.”
Fournier was a member of the Strategic Partnership Committee that led to the founding of CenterState CEO in 2010 and has served as a member of CenterState CEO’s board of directors for the past 15 years. During that time, he has held roles on the board’s Executive Committee and as past treasurer, and served on the Finance and Sustainability Committee, Audit and Risk Committee (past chair), Compensation Committee, as well as the CenterState CEO Foundation board.
“It’s an honor to be selected as CenterState CEO’s new chair,” Fournier said. “I’m eager to step into this role at a time of such growth potential in the region. Central New York is full of promise, and I look forward to continuing to drive economic prosperity and development through CenterState CEO’s transformative programming and resources.”
Fournier earned a bachelor’s degree in management and finance from the University of Dayton. He is a graduate of the ABA Stonier Graduate School of Banking at the University of Delaware and KeyBank’s Executive Leadership program at the Case Western Reserve University Weatherhead School of Management.
State launches new I Love NY summer travel and tourism campaign
ALBANY, N.Y. — The state has launched I Love NY’s new integrated summer tourism and travel campaign, which includes two new ads running through August
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