PreAct Technologies has been named the winner of Round 4 of the Luminate NY optics, photonics, and imaging startup accelerator competition. The Portland, Ore.-based PreAct Technologies received the “Company of the Year” award at Luminate Finals 2021, which was held virtually and sponsored by Optica, formerly The Optical Society. The company will receive $1 million […]
GreenLight Biosciences, Inc., a biotechnology company focused on RNA research, design, and manufacturing for human, animal, and plant health, today announced the opening of its manufacturing plant in Rochester. The 17,000-square-foot facility will manufacture enzymes and RNA for a variety of agricultural applications, including the protection of honeybees. While the fast rollout of mRNA vaccines helped […]
Luminate NY—the world’s largest business accelerator for startup companies that have optics, photonics, and imaging enabled applications—is now accepting applications for round five of the innovative program. The accelerator brings visionary companies to the Finger Lakes Region to leverage a rich ecosystem of resources to speed the commercialization of emerging technologies within a range of […]
Rochester’s Circle Optics is among five teams selected to participate in round five of the GENIUS NY business accelerator program. Supported by the CNY Rising Upstate Revitalization Initiative and administered by CenterState CEO at the Tech Garden in downtown Syracuse, these startup, unmanned systems industry companies will participate in a yearlong program. The five finalists include […]
High-tech manufacturer Magnatag is expanding its worldwide manufacturing operations in Wayne County. The custom white and magnetic board manufacturer will add machinery and other equipment at its facility in Macedon to better serve its clients, adding up to 16 new jobs;42 jobs will be retained. “This expansion will dramatically improve the quality of our product, […]
Scale For ClimateTech is accepting applications for its next round, Cohort 4, now through Sept. 13. This free program is designed for hardware companies developing products that reduce greenhouse gas emissions to accelerate and de-risk their manufacturing process from prototype to production. Participation in the program—which will be held virtually with in-person components—entails a competitive selection […]
Monroe County is allocating up to $2 million in CARES Act funding to support the JumpstARTS program. This initiative is aimed at providing financial assistance to the arts and cultural sector that has been negatively impacted throughout the COVID-19 pandemic and has often been ineligible for other relief funds. “The COVID-19 pandemic has impacted nearly […]
Empire State Development has invested $250,000 in Mosaic Microsystems, a Rochester based microelectronics and photonics packaging company. This investment was provided by New York Ventures, the venture capital arm of Empire State Development. A total of $2.4 million in funding was raised in this round, led by strategic investors Samtec and Corning Inc. The company has […]
The application window for the 2021 Grow-NY business competition is now open and is accepting submissions, Empire State Development officials say. Grow-NY focuses on enhancing the emerging food and agriculture innovation cluster currently present in Central New York, the Finger Lakes and the Southern Tier regions of New York state. The transformative competition attracts high-growth […]
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 […]