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.
Rochester Beacon (https://rochesterbeacon.com/category/innovation/page/3/)
Novomer’s sale to Danimer Scientific rewards a nearly two-decade bid to earn a place at the forefront of sustainable chemical manufacturing.
Its Sept. 30 event will feature a panel on women and diversity in entrepreneurship along with the Finals 2021 contest.
The venture studio and accelerator received nearly 600 applications from 64 countries.
Each of 10 companies will receive an initial investment of $100,000 and get the chance to compete for up to $2 million.
Since its move to downtown Rochester’s Innovation Zone in early 2018, the entrepreneurship and innovation catalyst has nurtured 106 startups.
Led by Austin McChord, Casana has developed a toilet seat-based system designed to transform in-home cardiovascular monitoring.
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.
The Golisano Institute for Sustainability, together with regional business and health care partners, acted quickly to address a looming shortage.
Volunteers with fast-growing Face Shields Roc are making the personal protective equipment at home on 3-D printers.
Heart Health Intelligence plans to use the $2.2 million to help bring to market its high-tech toilet seat.