I  Venture Creations

http://www.rit.edu/research/vc





     Office Locations:

40 Franklin Street
Rochester, NY 14604
Phone: 585-475-7720

 

Stages:

  • Seed


 

Industries:

  • Information Technology

  •  

    Description:

    RIT's Venture Creations incubator is a place where mid-seed stage companies can advance their concepts on their way to joining the ranks of profitable, viable businesses in New York State. Venture Creations has been in operation since 2003 and creates an environment for RIT students, faculty, staff and alumni that enables them to develop solutions to problems of economic and commercial importance. Venture Creations occupies 27,000 square feet adjacent to the RIT campus. Incubator businesses have access to the building's amenities, which include shared conference rooms, copy and mail rooms, model building labs, kitchen and lounge area, electronic security, wireless internet and free parking. Venture Creations assists with the growth and success of their new enterprises to create value for stakeholders. The incubator works in conjunction with RIT Pre-Seed Fund to make funding opportunities available to incubator companies. The Incubator manages a seed fund that initially has $1 million, with hopes to grow the fund to $3 million. The fund makes investments of $25K up to $100K (per transaction) usually in combination with others (e.g. angels, venture firms, etc.). $150 million in capital has been raised for incubator companies.



    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
       
       
       
    COMPANY STAGEREVENUE
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Revenue
    Growth Stage
    (also called Mid-stage)
    $2M-$7M
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B
       
       
     

    Investment Team:


    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription or New York Database subscription.
    Katherine O'Brien Venture Coach
    Rich Notargiacomo Venture Coach

     

    Portfolio companies include:


      Bired Imaging


      Bongo


      Casana


      Cellec


      Concern Center


      Endo Glow


      Inversol


      LUX Semiconductors


      N3T


      RDL


     

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