Creative space for ‘solopreneurs’ at Troy, NY incubator

By Nathan Stone

(front, l. to r.): National Grid eastern regional executive director and New York Lt. Gov. Kathy Hochul listen as Tom Narducci welcomes attendees to the grand opening

After a year of development, construction and community building, Troy Innovation Garage, a “co-working” space and incubator for creative economy companies is up and running in downtown Troy, NY.

On Tuesday, March 7, National Grid representatives were invited guests to the grand opening of the Troy Innovation Garage in Troy, NY.  The site, the brainchild of Gramercy Communications CEO and founder Tom Nardacci, creates an incubator space for small businesses and entrepreneurs to meet without having to pay the overhead of an entire office. To quote the TIG’s website, “This type of environment is ideal for solopreneurs, freelancers or small businesses that need a place to carry out daily operations while increasing productivity.”

Laurie Poltynski, National Grid eastern regional executive director, joined NY Lieutenant Governor Kathy Hochul, Troy Mayor Patrick Madden and several local businesspeople in officially welcoming the TIG to the neighborhood. With a Main Street Grant, National Grid gave the business $50,000 to help offset the cost of renovations, which totaled in excess of $500,000. The support was used to fund insulation, energy-efficient lighting and the replacement of all HVAC systems, helping to reduce energy consumption. 

“The project cost more than $500,000 and we are proud to have supported this investment by providing a $50,000 Main Street Grant,” said Poltynski,. “Economic development is a key part of our commitment to the upstate New York communities we serve.” Last year, National Grid programs supported upstate New York projects generating more than $535 million in new capital investment and helped create 4,500 new jobs.

National Grid eastern regional executive director…

…signing the Founding Fathers poster to be displayed at the TIG

You can read Governor Cuomo’s release here, in which Laurie was quoted. Several media outlets were there as well:

 Troy Innovation Garage Holds Grand Opening

Troy Innovation Garage opens for creative workers

Former downtown Troy car dealership unveiled as home for entrepreneurs

 Grant money sparks creativity in collaborative environment in Troy

Troy Innovation Garage… in with a bang!


Find more Investing in Upstate New York stories here.

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