Economy & Business
PreAct Technologies raises $14 million
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Luminate NY’s fourth cohort winner, based in Portland, Ore., has committed to setting up its pilot high-tech manufacturing here.
Rochester Beacon (https://rochesterbeacon.com/author/smritijacob/)
Luminate NY’s fourth cohort winner, based in Portland, Ore., has committed to setting up its pilot high-tech manufacturing here.
State Sen. Samra Brouk says Rochester is underfunded compared to other large upstate cities and needs additional state money to address the challenges of crime and poverty.
The SaaS firm is the latest local business backed by Grand Oaks Capital.
The local facility is one of four General Motors sites nationwide to receive nearly $1 billion in total funding for V-8 engine production and EV components.
Ellen Granberg, the first woman to become RIT provost, in July will become the first female leader of GW.
The UR Nursing Scholars Program will reimburse all tuition costs annually for 33 Accelerated Bachelor’s in Nursing students at the university.
The gift from Eastman alumnus Susan Ain and her husband, Aron, establishes a newly endowed violin professorship. It comes during the school’s centennial campaign.
Executive Director Ann Costello has spent 23 years at the helm of the foundation that Paychex founder Tom Golisano established in 1985 to help individuals with intellectual and developmental disabilities.
The Pre-Seed and Seed Matching Fund Program will offer eligible businesses $50,000 to $250,000 in growth assistance.
Rochester Institute of Technology is slated to receive federal funds to update and expand its Semiconductor Fabrication Lab.