The organizations plan to recruit innovative fledgling companies into their accelerator programs concurrently. The goal is to reduce the complexity and cost of development as startups hone commercial applications.
Innovation
New funding secured for UR Laser Lab
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The $83 million included in the omnibus spending package will support some 900 jobs for scientists, engineers, technicians and staff.
Innovation
Top Luminate NY prize goes to Oregon firm
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PreAct, named “Company of the Year” at Thursday’s finals, will get $1 million.
Economy & Business
A $152 million return on innovation
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Novomer’s sale to Danimer Scientific rewards a nearly two-decade bid to earn a place at the forefront of sustainable chemical manufacturing.
Innovation
Luminate event focuses on underrepresented entrepreneurs
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Its Sept. 30 event will feature a panel on women and diversity in entrepreneurship along with the Finals 2021 contest.
Innovation
Venture for Climate Tech’s inaugural cohort named
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The venture studio and accelerator received nearly 600 applications from 64 countries.
Innovation
Finalists selected for Luminate’s fourth round
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Each of 10 companies will receive an initial investment of $100,000 and get the chance to compete for up to $2 million.
Innovation
NextCorps outpaces goals set three years ago
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Since its move to downtown Rochester’s Innovation Zone in early 2018, the entrepreneurship and innovation catalyst has nurtured 106 startups.
Health & Science
Medical tech firm with RIT roots gets $14 million boost
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Led by Austin McChord, Casana has developed a toilet seat-based system designed to transform in-home cardiovascular monitoring.
Education
RIT sponsored research hits another record high
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In its most recently completed fiscal year, RIT secured a $82 million in research grants, a 39 percent increase over its record-setting 2018-19 total.
Innovation
RIT leads effort on ventilator prototype
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The Golisano Institute for Sustainability, together with regional business and health care partners, acted quickly to address a looming shortage.