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
OWL AI, a client company in RIT’s Venture Creations incubator, was a winner in the New York state-funded Luminate NY accelerator program. OWL AI was among 126 applicants from 22 countries that rose to the top, winning a $100,000 prize and entry into Cohort 4 of the program.
A new addition to the heart of Rochester’s Downtown Innovation Zone—RIT’s Venture Creations technology business incubator—is designed to enhance the synergy between the vibrancy and resources of the city and the region’s newest start-up companies.
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.