Stages:

• Early
• Growth
• Seed

 

Industries:

Communications & Networking

Information Technology

Life Sciences & Healthcare

Manufacturing & Industrial

Software & Internet

 

Description:

NextCorps is a nonprofit whose mission is to be a catalyst for entrepreneurship and innovation-based economic development. The firm aids in the formation and profitable growth of companies in the Rochester area and the Finger Lakes Region of Upstate New York. NextCorps provides a suite of services, including technology commercialization for very-early-stage opportunities, business incubation for high-growth-potential startups, and growth services for existing manufacturing companies seeking to improve their top- and bottom-line performance. Since its founding in 1987, NextCorps (formerly known as High Tech Rochester) has been committed to assisting technology innovators with building their businesses and creating new products. NextCorps was organized and created by three founding members: the Greater Rochester Chamber of Commerce, Rochester Institute of Technology and the University of Rochester. In 2007, NextCorps completed a corporate restructure resulting in the University of Rochester as sole member. New York State has designated NextCorps as the Regional Technology Development Center for the Finger Lakes Region and a National Institute of Standards and Technology Manufacturing Extension Partner (NISTMEP), one of nearly 350 MEP locations across the country. NextCorps receives significant financial support from Empire State Development's Division of Science, Technology and Innovation (NYSTAR). The firm's accelerator, Luminate, offers $100,000 at program acceptance and the ability to compete for $2 million in follow-on funding.