I  Rensselaer Polytechnic Institute (Emerging Ventures Ecosystem)

http://rpihub.org/eve-portal/





     Office Locations:

216 River Street
Troy, NY 12180
Phone: 518-588-3727

 

Stages:

  • Seed


 

Industries:

  • Information Technology

  •  

    Description:

    The Emerging Ventures Ecosystem (EVE) at Rensselaer Polytechnic Institute was launched in February 2011 to accelerate the growth of new businesses and boost the transfer of scientific and technological breakthroughs from the laboratory and classroom to the marketplace, for social and economic impact. EVE links Rensselaer institutional resources and alumni/ae expertise symbiotically with community strengths, in a multi-faceted partnership for mutual benefit. The Emerging Ventures Ecosystem builds on more than 30 years of the Institute's previous incubator program, the nation's first such program wholly sponsored and operated by a university. Capital Region companies ranging from MapInfo to successful video game company Vicarious Visions grew out of the previous incubator. The new EVE program will utilize an innovative distributed incubation model, maintaining a central office in the Rice Building. Under EVE, businesses that are accepted into the program will receive a series of specific services that will help accelerate their growth. Once a new company completes the application process - through which Rensselaer will determine, in part, whether the entrepreneur is willing to put in the effort to make the company successful - the program will assign a status to the company: pre-seed, emerging, or early stage. EVE will promote and introduce its companies to investors, assist them in identifying and seeking grant opportunities (NYSERDA, SBIR, etc), and help them prepare for business plan competitions. The Institute also is exploring the creation of an alumni/ae supported angel investment fund to provide funding ranging from $50,000 to $150,000 to augment some of the alumni-sponsored grant programs already available.



    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.
    James E. Spencer Executive Director

     

    Portfolio companies include:


      1st Playable Productions
        web link


      Bluestone Telecommunications
        web link


      Dkorr
        web link


      Ecovative Design
        web link


      EtherMetrics
        web link


      HeliOptix
        web link


      Intellidemia
        web link


      Ithos
        web link


      Microrganic Technologies
        web link


      OvenAlly
        web link


      Prospect Genius
        web link


      Tidy Tots
        web link


      TV Ferret
        web link


      Vegawatt
        web link


      Voice Flight
        web link


      WindMec
        web link


     

    Recent News:


      There is no recent news for Rensselaer Polytechnic Institute (Emerging Ventures Ecosystem).