Entrepreneurship at RIT

Published Oct. 16, 2013

Invent. Problem-solve. Create. Commercialize.

Entrepreneurship opportunities at RIT enable you to take an idea and make it a reality.

With a top student incubator program, competitive opportunities for students to earn capital to launch products and businesses, and a growing entrepreneurship conference that attracts top names, RIT is ranked among the best schools in the nation for students interested in entrepreneurial pursuits. For entrepreneurs, a unique combination of resources, programs, and competitions provide support to foster ideas and set students on the path toward entrepreneurial success. Among the initiatives:

Simone Center for Student Innovation and Entrepreneurship – Promoting entrepreneurial endeavors, the center offers students applied experiences, such as for-credit opportunities to consult on pre-seed and start-up ventures; a business plan competition; conferences; a minor in entrepreneurship; and courses in innovation, strategic growth, and business creativity.

Entrepreneurs Hall – A holistic entrepreneurship program that combines a residential community in RIT Global Village, cohort entrepreneurship courses, mentoring, unique entrepreneurial co-ops, and 24/7 access to the student incubator. Students completing the program receive a minor in entrepreneurship and have the opportunity to gain course credit for maturing a business concept.

Saunders Summer Start-Up Program – An intense summer program aimed at assisting entrepreneurs/innovators in developing their business concepts to a point where they are ready to begin to seek angel investment. The program includes instruction across a range of subjects relevant to startups, including developing a business concept, forming a business, understanding intellectual property, and seeking investment capital. Each student team receives mentoring and office space.

Student Innovation Grant Program – Created to assist students and student teams with advancing innovation-related projects via small seed grants (under $1,000), the Student Innovation Grant Program funds projects that are invention-oriented, develop unique products/services, or provide socially-oriented services. The grants are awarded for early-stage projects with the potential to carry over into the following academic year.

Tiger Tank – Students get to pitch their business ideas to a group of judges (aka, tiger sharks) to win cash prizes.

For Further Reading:

Minimal Inc. designer Scott Wilson headlines RIT Entrepreneurs Conference, Oct. 18

RIT’s Center for Urban Entrepreneurship awarded $1.5 million for renovation

RIT student entrepreneurs create CausBuzz pilot to help city school districts

What every entrepreneur needs to know about starting a business

Website Ranks RIT’s Student Incubator No. 1 in Country