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Criteria

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

  • The business must be either:
    • Founded by an RIT student, faculty, staff member, or alumnus; or
    • Have core technology in one or more of RIT's main core competency areas of Imaging, Sustainability, or Bio-X; or
    • Be based on technology in renewable fuels or clean technology.
  • The business concept must be scalable to at least $10 million.
  • Generally, our businesses are at seed or mid-seed stage in their development.

 

Process

The application process is outlined below. Once your application is submitted, expect to be contacted within 5-7 business days.

ApplicationComplete application online »
Business Plan

Provide a copy of your business plan or develop six slides that include:

Slide 1: Company name, product or service, company principals.
Slide 2: Describe size and general characteristics of your market.
Slide 3: List competitors and describe what differentiates your product or service from theirs.
Slide 4: How is your idea protected? - Describe the company's intellectual property.
Slide 5: Illustrate financial projections.
Slide 6: Next steps in progressing your business.

SubmitSubmit your completed application and business plan (or slides) via theapplication website »
ReviewA Venture Creations team member will be assigned your case, review your materials, and may contact you for clarification.
PresentOnce your presentation is deemed "ready," you will have the opportunity to present your business opportunity to the Venture Creations team.
DecisionThe 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.

 

 

Application Form

 

Interested in becoming one of our Incubator Companies?Apply Now