Introduction

RIT created a new business incubator in the fall of 2001 with the purpose of establishing an environment in which new and technologically innovative businesses could develop from the research conducted or sponsored by the Institute, translating academic research into commercially viable high technology. The incubator was designed to provide services to incubating companies, facilitating the design, development, construction and operation of these companies for the purpose of advancing the educational and research missions of the Institute through the enhancement of faculty, student and staff involvement in high technology. It was also created to promote economic development and competitiveness in Monroe County and New York State by encouraging and facilitating the transfer of technology resources to the marketplace.