I  Venture Creations

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





     Office Locations:

c/o Rochester Institute of Technology
125 Tech Park Drive
Rochester, NY 14623
Phone: 585.239.6000

 

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.).



    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.
    Bill Jones Business Development Manager
    Rich Notargiacomo Director

     

    Portfolio companies include:


      Amphibian Systems
        web link


      ASE Optics
        web link


      AWR Energy
        web link


      BioDrill Technical Solutions
        web link


      ClearCove Systems
        web link


      D.A. Smith & Associates
        web link


      Darkwind Media
        web link


      Digital Authentication Technologies
        web link


      Dumbwaiter Design
        web link


      Emerald Technologies
        web link


      Energy Wise
        web link


      FluxData
        web link


      GridPotential
        web link


      iConnected Marketing
        web link


      IMSWorkX
        web link


      Jorsek
        web link


      Lake Country Frac Water Specialists
        web link


      Lightforce Technology
        web link


      Lucidity Works
        web link


      MediSked
        web link


      Newdigs.com
        web link


      Palantri Systems
        web link


      QuoJax
        web link


      RNY Solar
        web link


      Sales Congo
        web link


      Sweetwater Ethanol
        web link


     

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