News
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August 2, 2021
RIT Venture Creations company awarded million-dollar NSF grant
Accelerate Wind, a client company in RIT’s Venture Creations business incubator, has been awarded a $1 million grant from the National Science Foundation to help develop solutions for low-cost wind energy generation.
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July 29, 2021
RIT’s Saunders College awarded $500,000 to establish life science Executive MBA entrepreneurship program
Saunders College of Business has been awarded a grant of up to $500,000 to establish an online life sciences Executive MBA entrepreneurship program. The new degree will be formed in partnership with RIT’s Kate Gleason College of Engineering, College of Science, and Golisano College of Computing and Information Sciences.
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May 28, 2021
Venture Creations company wins $100,000 in New York state Luminate competition
OWL AI, a client company in RIT’s Venture Creations incubator, was a winner in the New York state-funded Luminate NY accelerator program. OWL AI was among 126 applicants from 22 countries that rose to the top, winning a $100,000 prize and entry into Cohort 4 of the program.
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April 28, 2021
RIT’s Venture Creations graduates contribute to Rochester’s growth
A new addition to the heart of Rochester’s Downtown Innovation Zone—RIT’s Venture Creations technology business incubator—is designed to enhance the synergy between the vibrancy and resources of the city and the region’s newest start-up companies.
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March 30, 2021
RIT incubator graduate Council Rock gets $7 million boost led by Golisano-founded investment firm
Council Rock, a graduate company from RIT’s Venture Creations business incubator, has received $7 million Series A funding, led by Grand Oaks Capital, the investment firm founded by businessman and philanthropist B. Thomas Golisano. Motorola Solutions, and other private investors, also participated in the investment round.
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November 6, 2020
RIT Venture Creations business incubator will move to downtown Rochester
The move, expected to be complete in December, will allow the incubators’ client companies to work in space designed for positive member “collisions” resulting in close and fruitful collaborations. In addition, the move further advances the commitment from RIT leadership to have a presence in downtown Rochester.
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October 6, 2020
Chili Business Grows Organic Specialty Mushrooms in American Hardwoods
Spectrum News features George Zheng ’15 (mechanical engineering technology), co-founder of Leep Foods.
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October 2, 2020
Venture Creations companies advance to round two finals of Grow-NY competition
Two companies associated with RIT’s Venture Creations technology business incubator have advanced to the round two finals of the Grow-NY competition. Grow-NY is a food innovation and agriculture technology business challenge focused on enhancing the emerging food, beverage and agriculture innovation cluster in Central New York, the Finger Lakes, and Southern Tier regions.
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September 17, 2020
Gaining speed to clean energy
The Rochester Beacon talks to Rich Notargiacomo, venture coach, Venture Creations, and Nabil Nasr, associate provost and founding director of the Golisano Institute for Sustainability, about new clean energy companies.
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June 16, 2020
Venture Creations resumes operations as part of state’s reopening plan
RIT’s Venture Creations business incubator has resumed operations as part of Gov. Andrew Cuomo’s reopening plan. Under New York state guidelines, Venture Creations staff, resident clients and resident graduate companies must provide administrators with a COVID-19 safe operation plan.
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June 5, 2020
RIT Venture Creations company New 3D Technologies lands U.S. Air Force contract
Rochester-based company New 3D Technologies (N3T) has been awarded a contract from the U.S. Air Force to build the next generation of glasses-free 3D displays. The technology company, formerly DTI, specializes in autostereoscopic displays, which do not require any special eyewear to see the 3D effect, and is part of RIT’s Venture Creations business incubator.
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June 2, 2020
RIT’s Venture Creations technology business incubator adds new companies to client list
A game design and development company, a mobile app that identifies resources for mental health support, software that monitors power line losses and line health, and a company developing an affordable wind turbine for building rooftops are the newest members of RIT’s Venture Creations technology business incubator.