News
September 21, 2015Furlocity Approved to Participate in START-UP NY Program
Furlocity, Inc., the premier pet reservation company, announced today that it has been approved to participate in Governor Andrew Cuomo’s groundbreaking START-UP NY Program. Furlocity provides a technology platform and website, to enable pet owners to search, identify and book trusted pet boarding stays, pet care services and pet-friendly hotels; simplifying the booking process.
“It is an honor to be accepted into this incredible program that will help Furlocity thrive,” said Denise Fernandez Pallozzi, Chief Executive Officer of Furlocity. “The key deciding factors in moving the Company to the Capital Region were the opportunities to work with the area universities and to participate in the START-UP NY program. The Capital Region has a vibrant and emerging tech scene where we expect to draw upon an experienced workforce and graduates from several top schools,” continued Pallozzi.
START-UP NY provides businesses that create new jobs in New York State with the opportunity to operate 100 percent tax-free for 10 years, paying no state income tax, business or corporate state or local taxes, sales tax, property tax or franchise fees. The companies also partner with the higher education institutions they are sponsored by, and give businesses direct access to advanced research laboratories, development resources and experts in key industries.
On or about October 15, Furlocity will cut the ribbon on its new 3,000 square foot space on the first floor of the New York BizLab at 251 State Street, in downtown Schenectady.
“We are pleased that Furlocity has selected downtown Schenectady for its new company headquarters. This firm could have relocated anywhere and we are very excited to have them come to Schenectady providing local residents with new job opportunities,” said Ray Gillen, Chair of the Schenectady County Metroplex Development Authority.
“Furlocity is excited to call Schenectady our new home,” said Pallozzi. “We are in strong growth mode and will be expanding our team to create approximately 12 new jobs within the first two years, and 20 jobs by the end of 2017.”
“We are thrilled to welcome Furlocity to the New York BizLab, and the Capital Region is the right place to find top tech talent, while also providing an unparalleled quality of life,” said Antonio Civitella, CEO of Transfinder and the founder and president of the New York BizLab business accelerator.
“START-UP NY is an extraordinary job building program,” said Rick D’Errico, Managing Director of the New York BizLab and Director of PR at Transfinder. “It has enabled companies like Furlocity to keep the Capital Region’s business economy strong and vibrant.”
According to the American Pet Products Association’s annual report on the pet industry, Americans will spend an all-time high of $60.5 billion on their pets in 2015. Of that amount, approximately $5.2 billion will be spent on “other pet services”. The “other pet services” category grew the fastest in 2014, and includes costs on grooming, boarding, walking, training, day care and spa treatments.
