NEXTCORPS INC
Programs
Clean Energy Business Incubator
STIMULATING GROWTH OF THE GREATER ROCHESTER TECHNOLOGY BASED BUSINESS SECTOR BY ACTIVELY FACILITATING THE IDENTIFICATION, DEVELOPMENT AND INCUBATION OF NEW BUSINESS OPPORTUNITIES. THIS INCLUDES OPERATING A HIGH-TECHNOLOGY INCUBATOR; PROGRAM THAT HELPS STARTUP COMPANIES IN THE "CLEAN ENERGY" SECTOR DEVELOP A COMPREHENSIVE ROADMAP FOR SCALING THEIR PROTOTYPE PRODUCT INTO A DESIGN THAT IS EASY TO MANUFACTURE AND MASS-PRODUCE IN NEW YORK STATE; AND RELATED WORKSHOPS THAT ENGAGED OVER 190 ENTREPRENEURS AND EMERGING COMPANIES DURING THE YEAR.GeographiesNot indicatedDatesJul 1, 2022 – Jun 30, 2023Source990No causes providedNo populations provided–$5.4MSmall Manufacturing Innovation Program
PROGRAM FOCUSED ON IMPROVING THE COMPETITIVE POSITION OF SMALL MANUFACTURING COMPANIES THROUGH PRODUCT AND PROCESS INNOVATION. 102 PROJECTS WERE COMPLETED DURING THE YEAR. OVER 185 MANUFACTURERS WERE ENGAGED DURING THE YEAR. CLIENTS SURVEYED REPORTED APPROXIMATELY $190 MILLION IN ECONOMIC IMPACT AND JOBS CREATED OR RETAINED OF 919 FROM PROJECTS COMPLETED IN ROLLING FOUR QUARTERS. ADDITIONALLY, THE PROGRAM OFFERED ASSISTANCE FOR STARTUP COMPANIES DEVELOPING PRODUCTS IN MOVING FROM PROTOTYPING TO MANUFACTURING SCALE TO THE MIX OF COMPANIES SERVED.GeographiesNot indicatedDatesJul 1, 2022 – Jun 30, 2023Source990No causes providedNo populations provided–$4.1MLuminate Program
INNOVATIVE COMPETITION FOCUSING ON PHOTONICS, OPTICS AND IMAGING. THE LUMINATE PROGRAM AIMS TO ASSIST ENTREPRENEURS WHO ARE INTERESTED IN SOLVING CHALLENGING INDUSTRY PROBLEMS, INCLUDING BUT NOT LIMITED TO: MACHINE VISION, INSPECTION, BIO PHOTONICS, SECURITY, SURVEILLANCE, AUGMENTED AND VIRTUAL REALITY AND AUTONOMOUS VEHICLES. LUMINATE PROVIDES EARLY-STAGE FUNDING, EXPERTISE AND MENTORING THAT STARTUPS NEED TO BRING EMERGING TECHNOLOGIES TO MARKET. BY GRANT DESIGN, PROGRAM SURPLUS IS APPLIED AS INVESTMENT IN PROMISING COHORT PARTICIPANTS.GeographiesNot indicatedDatesJul 1, 2022 – Jun 30, 2023Source990No causes providedNo populations provided–$1.8M
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