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Understanding the Rochester Startup Incubators and Accelerators Powering Its Innovation Economy

Updated: Jan 8

ROCHESTER, N.Y. — A new wave of Rochester's startups is redefining what innovation looks like in the region. Long known for its legacy in imaging, optics and precision manufacturing, the region is now leveraging that foundation to build a modern startup ecosystem, one anchored by a growing network of incubators and accelerators designed to help founders turn ideas into companies.


For executives, emerging founders, investors and business leaders looking to understand where innovation is happening in Western New York, Rochester’s incubation infrastructure is becoming one of the region’s strongest economic assets.


NextCorps: Downtown Rochester’s Innovation Hub


Located in Sibley Square, NextCorps is the largest and most visible startup hub in the region. Backed by the University of Rochester, state partners and private stakeholders, the organization supports early-stage companies with office space, prototyping labs, mentoring and structured accelerator programs.


Since opening its downtown facility, NextCorps has supported more than 500 companies through its programs and more than 140 startups through its incubator. The organization plays a central role in Rochester’s innovation district, attracting founders working in software, cleantech, hardware, advanced manufacturing, and applied technologies.


Notable companies connected to NextCorps include:

  • Token – maker of biometric wearable authentication devices.

  • PlankeApp – connecting thousands of Pilates instructors and studios.

  • Ithaca Hummus – small-batch, local hummus.


NextCorps also operates specialized programs such as the Embark incubator for software founders, as well as a climate-tech accelerator that draws global applicants to the region.


Luminate: A Global Optics, Photonics and Imaging Accelerator


Luminate, one of NextCorps signatures programs and also takes place there, is considered the world’s largest accelerator focused exclusively on optics, photonics and imaging industries core to the region’s historical and technical expertise.


Each year, 10 companies from around the world are selected for a six-month program, receiving a minimum of $100,000 in investment with the opportunity to compete for up to $2 million in follow-on funding. The accelerator leverages Rochester’s dense OPI supply chain, university research capabilities and deep engineering talent pool.


Luminate alumni include:


  • Owl AI – autonomous vehicle imaging technology.

  • Circle Optics – high-precision camera and lens systems.

  • Nicslab – photonics control systems, which expanded operations in Rochester after winning top investment.


For deep-tech founders, the program offers a rare combination of capital, lab access, and industry-specific mentorship uncommon outside major coastal hubs.


RIT Venture Creations: University-Backed Commercialization


RIT’s Venture Creations Incubator serves companies emerging from university research as well as external founders seeking technical and business expertise. Backed by faculty, researchers and industry mentors, the incubator supports early-stage companies until they are ready for commercial launch or outside investment. More than 50 companies have graduated from Venture Creations. Collectively, alumni have raised hundreds of millions in funding and have generated significant regional employment.

Graduate companies include:



The incubator’s proximity to RIT’s engineering, computing and cybersecurity programs provides a pipeline of technical talent rarely found outside major university research hubs.


Building a More Connected Startup Economy


Rochester’s incubation and acceleration programs do more than support individual companies they form the backbone of a broader innovation ecosystem. Each program offers specialized expertise, but collectively they provide:


  • pathways for idea-stage innovators,

  • opportunities for deep-tech founders seeking lab access,

  • support for scalable software startups,

  • and a landing pad for international companies entering the U.S. market.


The result is a more connected, visible and investable startup economy, one that is becoming increasingly attractive to outside talent and capital.


The Next Phase of Growth


With global applicants entering local programs, increased investment in deep-tech infrastructure, and a maturing base of alumni companies scaling in the region, Rochester is shifting from a legacy-industry city to a modern innovation hub.


For founders testing new ideas, for investors scanning for under-priced opportunity, and for business leaders navigating Western New York’s next decade of growth, Rochester’s incubators and accelerators offer a clear view of where the region is headed—and who is building its future.

Connected Know covers Rochester Business News inccluging startups, technology, and the innovation economy. Follow Connected Know for local business news that matters.

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