Entrepreneurship

Identifying, defining, and building viable product commercialization and business opportunities is the cornerstone of entrepreneurship at RIT. Through courses, academic programs, hands-on projects, competitions, and resources, students can advance and realize their own business and product ideas.

Resources

Simone Center for Innovation and Entrepreneurship

The Albert J. Simone Center for Innovation and Entrepreneurship promotes innovation and entrepreneurial learning across the RIT community by leveraging RIT’s strengths in multidisciplinary and experiential learning.

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MAGIC Center

The MAGIC Center is a university wide, multi- and cross-disciplinary center in which faculty, staff, and student researchers, artists, and practitioners come together to create, contextualize, and apply new knowledge in a multitude of related fields and disciplines as appropriate not only to STEM, or the arts and humanities, but their intersection.

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Venture Creations

RIT Venture Creations is a technology business incubator that provides a range of services to seed/mid-seed stage startups to help them advance their businesses.

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Center for Urban Entrepreneurship

The Center for Urban Entrepreneurship is helping to reshape the regional economy and build wealth within the urban community by being the central resource for urban entrepreneurial programs and research.

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RIT Venture Fund

RIT Venture Fund provides investment capital and guidance to entrepreneurial ventures with a strong connection to the RIT community.

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The Construct

The Construct, RIT’s makerspace, is designed to serve the needs of innovative students seeking to create new products, inventions and applications. If you’ve got an idea, this is the place to make it real.

Read More about the RIT Construct

Programs and Competitions

Saunders Summer Startup

Saunders Summer Startup is a 10-week initiative over the summer aimed at assisting entrepreneurs develop their business concepts to a point where they are ready to begin seeking angel investment.

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Tiger Tank

The Tiger Tank competition gives students the opportunity to pitch their business idea to a panel of judges with a chance to win cash prizes. Submissions describe an early-stage product or service with foreseeable commercial impact.

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IdeaLab

IdeaLab is a program designed to link problems and challenges with technical and creative problem solvers at RIT. Student teams with multidisciplinary expertise solve unique problems faced by organizations or institutions such as Al Sigl Community of Agencies, Rochester Regional Health and others. The students spend one weekend designing innovative solutions for specific problems identified by the participating organizations.

Read More about the Idea Lab

Next Big Idea (NTID)

The Next Big Idea is an annual innovation competition at NTID sponsored by ZVRS. Teams of deaf and hard-of-hearing students work together to create a product, business, service, or type of technology that solves a problem or eliminates an existing challenge.

Read More about the Next Big Idea at N T I D

MAGIC Maker Program

The MAGIC Maker Program is designed to help fund students to work in multidisciplinary teams on projects and experiences that lead to startup products and commercial activities in digital media.

Read More about the MAGIC Center Co-Up Program

RIT Business Model Competition

Students are asked to submit business plans for a potential new business and are judged on the written presentation of the idea, ability for the team to succeed, market potential, feasibility, and general knowledge of subject.

Read More about the R I T Business Model Competition

Conferences

RIT Venture Capital Forum

This three-day workshop in the Silicon Valley will provide students with a robust understanding of venture capitalists and the process of early-stage fundraising and investing. Guest speakers, panel discussions, and company visits will provide students with a complete overview of the important relationship between entrepreneurs seeking funding and the venture capitalists that provide investment capital.

Read More about the RIT Venture Capital Forum

RIT Entrepreneurs Conference

RIT’s Entrepreneurs Conference is an inspirational hub and day of learning on how to start a business. The annual event is for anyone who believes that creativity and bold thinking are vital to success.

Read More about R I T’s Entrepreneurs Conference

Minor in Entrepreneurship

A minor in entrepreneurship provides the necessary learning, experiences, and skills to start and operate new ventures and organizations. Students from any discipline can select a minor in entrepreneurship through RIT’s Saunders College of Business and tailor their education to follow their career goals.

Read More about a minor in entrepreneurship

Latest News

  • November 18, 2019

    'Table with tortilla toaster and platters of tortilla-based appetizers.'

    Alumni Update: Taco ’bout ingenuity: Grad invention hits market

    Elliot Benitez ’07 (marketing) was eating dinner with his mother when he noticed that she kept getting up to warm tortillas over the stove. Benitez thought there had to be a better way. He searched Google and Amazon for a tortilla toaster and found nothing. Today, that same search points people toward the Nuni Toaster, patented by Benitez.

  • November 18, 2019

    'Racks of clothes at boutique store.'

    Alumni Update: Fashion that makes your wallet feel good

    Fashionable boutique clothing usually comes with large price tags. However, at Shop Peppermint and Salty, two boutiques in Rochester owned by Tanvi Asher ’10 MFA (industrial design), customers can get a high-end experience at an accessible cost.