RIT Venture Creations is a technology business incubator that provides a variety of services to early- to mid-seed stage startups to help them advance their businesses on their way to joining the ranks of viable, profitable businesses.
Connection to coaches and experts in the fields of entrepreneurship, sustainability, innovation, and more at RIT as well as New York state resources
Collisions and networking with other member companies and NYSERDA, NextCorps and other members of the ecosystem
Steady hands-on support and assistance along the road to commercialization from a dedicated team of highly qualified coaches
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.
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.
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.