Overview
RIT Venture Creations is a technology business incubator that provides a range 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.
Experience
Venture Creations is home to a NYSERDA-Sponsored Clean Energy Incubator (CEI). One of six in the state, Venture Creations’ CEI has been serving companies that are commercializing clean-energy technologies since its inception in 2009. Businesses eligible for admission to CEI include those involving “energy and power generation from renewable resources, energy efficient technologies in the power generation, energy storage, transportation, industrial, or building sectors that use alternative fuels or reduce the consumption of fossil fuels and provide environmental benefits.”
Did you know?
Since our inception in 2003, the Venture Creations Incubator at RIT has graduated more than 40 companies, who have collectively created more than 550 jobs and raised more than $150 million in outside investment capital.
At any given time, there are generally between 28-30 companies resident in the incubator with a few more operating as non-resident clients.
The Venture Creations incubator reports up through RIT’s Vice President for Research and, as a result, can make connections for member companies to access a wide variety of RIT resources and capabilities.
Location
Venture Creations is located at 40 Franklin Street, which is a great location in Downtown Rochester.