Governor Andrew M. Cuomo announced that the winner of the $1 million grand prize from Round II of the GENIUS NY accelerator is Fotokite, a team from Switzerland. The initiative is one of the world’s largest business competitions focused on unmanned systems.
GENIUS NY, a year-long business accelerator, awarded six finalist teams a total of nearly $3 million at its finals event tonight, including prizes and investments of $1 million, $600,000, $400,000 and three $250,000 awards. Participants are required to operate their business in Central New York for at least one year. The advancement of the GENIUS NY program builds on the progress of CNY Rising, the region’s award-winning strategic plan to revitalize communities and grow the economy.
(Source: GENIUS NY)