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NextCorps to launch software startup accelerator
NextCorps, a non-profit that runs multiple incubator and accelerator programs for technology startups and entrepreneurs in the Rochester and Finger Lakes region of New York, has been awarded a grant through the Economic Development Administration’s. Scaling Pandemic Resilience Through Innovation and Technology Challenge. The award will be used to launch and administer a software startup accelerator […]
Council Rock gets $7M in Series A funding
Council Rock, a graduate company from Rochester Institute of Technology’s Venture Creations business incubator, has received $7 million Series A funding, led by Grand Oaks Capital, the investment firm founded by businessman and philanthropist Thomas Golisano. Motorola Solutions, and other private investors, also participated in the investment round. Council Rock, which was founded in 2010 […]
Carestream to expand film finishing operations
Medical imaging systems company Carestream plans to grow its film finishing operations at Eastman Business Park. The first phase of the project will add a 16,000 foot facility at the current location. Upgrades to the facility will include new machinery and space, including a new wet lab, new packaging lines and dark rooms. Over the […]
Pace Electronics plans $4M expansion in Wayne County
Electronics contract manufacturer Pace Electronics plans to expand its operations with a $4 million, 55,000 square-foot facility in the town of Williamson, Wayne County. The company will create 15 new jobs. “While Pace Electronics has a global reach, this successful company decided to expand in the Finger Lakes based on the region’s top-tier tech and […]
IEC Electronics to expand, create 150 jobs
IEC Electronics Corp. will expand operations through its purchase and subsequent renovation of an 86,000-square foot facility in the town of Chili. The move will create 150 new full-time jobs. “This significant investment by IEC shows Monroe County is competitive on a national stage and continues to attract interest from manufacturers and other businesses due, […]
Finalists selected for Luminate NY’s fourth cohort
Empire State Development has revealed the 10 companies selected to take part in Round 4 of the Luminate NY accelerator program and competition. A total of 126 startups from 22 countries and 21 U.S. states applied for consideration to be a part of the world’s largest accelerator for startups with optics, photonics, and imaging enabled […]