New York City, N.Y., June 2, 2014 – UHY LLP (UHY) today announced it will support the burgeoning technology startup industry in New York by sponsoring the Northside Innovation Conference on June 12 and 13 in Williamsburg, Brooklyn.
Since 2013, UHY has added a dozen technology startup clients to its roster, a significant area of growth for the company, which is currently commemorating its 50th anniversary as one of the leading tax and business consulting firms in New York State.
“Technology startups continue to be a major growth area in New York City, and Brooklyn in particular,” said UHY Advisors NY President and CEO Michael Mahoney. “Some of the most innovative minds in the world are located right here in our backyard. The startups of today will drive tomorrow’s economy and we are proud to provide our services and expertise to these future leaders. Our approach has been to try and develop relationships with and demonstrate a commitment that will help them grow their companies from their earliest stages of development all the way through the growth of the company into an exit strategy. By continuing to leverage our relationships in the private equity and venture capital arena, we are able to make introductions for these companies as they grow and their need for capital increases.”
UHY’s involvement with start-ups in the tech arena is not new. Two software developers UHY began working with at inception four years ago recently executed successful exit strategies, selling for a combined $260 million.
“Our focus in the technology industry, particularly in New York, has been to identify leading innovators and entrepreneurs and to help these individuals grow their companies from the nascent stages,” Mahoney said. “New York has an advantage in its ability to create and sell companies that are simply improving on already globalized products as opposed to trying to do something incredibly new. What makes this area so exciting and compelling right now is a community that exemplifies a broader entrepreneurship movement across the country.”
In addition to technology startups, UHY has also been helping early-stage companies in the health and wellness, online education, alternative energy, as well as organic food and beverage industries.
The Northside Innovation Conference is part of the Northside Festival, which has traditionally focused on the film and music industries and the arts and has been billed as Brooklyn’s answer to the South by Southwest festival and conference in Austin, Texas. But like SXSW, it has expanded into providing a showcase for the technology industry in recent years.
For more information, visit www.northside.com/innovation.
About UHY LLP
UHY LLP, a licensed independent CPA firm in New York, performs attest services through an alternative practice structure with UHY Advisors. UHY LLP conducts operations in New York as a subsidiary of UHY Advisors, Inc. The firm also has offices in: Albany, NY, New Haven, CT, Farmington Hills, MI, Oakland, NJ, Chicago, IL, NYC, NY, Atlanta, GA, Sterling Heights, MI, Dallas, TX, Washington, D.C., Rye Brook, NY, Columbia, MD, St. Louis, MO, and Houston, TX. UHY Advisors, Inc. and its subsidiary entities have nearly 1,000 professionals providing services from offices throughout the United States. UHY Advisors is ranked as one of the Top 20 professional services firms providing tax and business consulting services in the country by Accounting Today.
UHY LLP and UHY Advisors, Inc. are U.S. members of Urbach Hacker Young International Limited, a UK company, and form part of the international UHY network of legally independent accounting and consulting firms. “UHY” is the brand name for the UHY international network. For additional information, please visit their website at www.uhy-us.com.