Koffman Incubator helps 3 startups take their business to the next level BINGHAMTON, N.Y. (WIVT/WBGH) – Three promising startups at the Koffman Southern Tier Incubator are getting a financial boost thanks to Broome County. The county gave the Koffman $100,000 to invest in three of its current member companies. Agri-Trak is receiving $50,000, LiBama is getting $30,000, and Hub Controls gets $20,000. All have demonstrated a promising track record but could use a boost in taking their products to market. Director of Incubation Programming Eric Krohn says Greater Binghamton has tradition of innovation that once relied on large employers like IBM and Singer-Link.
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We’re seeing a lot of traction, and we’re excited about the future,” he said. The company, which focuses on connecting farmers with buyers, has seen a significant increase in demand for its services. This is due to a number of factors, including the rise of online marketplaces, the growing popularity of direct-to-consumer (DTC) sales, and the increasing awareness of food safety and sustainability.
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