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Admission Criteria & Process

Admission Criteria

We are always seeking passionate entrepreneurs to join us. Based at the Rochester Institute of Technology, Venture Creations provides startups with access to one of the nation's largest private universities, internationally recognized for leadership in computing, engineering, imaging technology, sustainability, and fine and applied arts. The incubator provides resources to help your business be successful.

 

Admission to Venture Creations is offered only to those companies that meet the following eligibility criteria:

  • The business must be either founded by a member of the “RIT Family”, e.g. a student, faculty member, staff member, or alumnus; or
  • have core technology in one or more of RIT's core technology areas which include:

sustainability, green technology, manufacturing, sustainable manufacturing, game design and development, film and   animation, software development, information technology, cybersecurity, access technologies, aerospace, and imaging   science, or Bio-X, among others.

  • Be based on technology in renewable fuels or clean energy.
  • The business concept must be scalable to at least $10 million in annual revenue.
  • Generally, must be past technical “proof of concept” and be at seed or mid-seed stage in their development.

Apply Online

Admissions Process

The application process is outlined below. Once your application is submitted, you will be contacted by a member of our team.

1

Application

Complete online application

2

Business Plan

Provide a copy of your business plan executive summary or develop a brief (8-10 slides) presentation that indicates:

  • Company name, product or service, company principals.
  • Our target market segment(s), how big they are, and what problem you solve for them.
  • Your competitors and your competitive advantage.
  • How you will sustain your competitive advantage? What, if any intellectual property protection you have.
  • How you plan to get to market and secure customers?
  • Financial projections.
  • Next steps.
3

Submit

Submit your completed application and business plan (or slides) via the application website »

4

Review

A Venture Creations team member will be assigned your case, review your materials, and may contact you for clarification.

5

Present

When your presentation is deemed "ready," you will have the opportunity to present your business opportunity to the Venture Creations team.

6

Decision

The Venture Creations team will review your application and decide whether or not to admit your business. Your Venture Creations contact will notify you of the decision.