Most Innovative Cities-Ithaca, Featuring Greg Galvin, Ithaca Tech Power

It may not be Silicon Valley or New York City -- but Ithaca, N.Y., is working hard to position itself as a startup hub.

The city is home to three colleges, including Cornell University, which has heavily invested in fostering bright, entrepreneurial minds.

The university offers credits for students who want to take their startups to the next level, and introduced a new program to help students turn their technology designs into licensed products for commercial use.

And two weeks ago, in a joint effort with the city and local colleges, Ithaca's first downtown incubator Rev opened.

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