About this Program
Luminate is a startup accelerator focused on advancing next generation optics, imaging, and photonics enabled companies. We seek visionary entrepreneurs who are solving difficult problems in Augmented and Virtual Reality, Autonomous Vehicles, Machine Vision, Biophotonics, and other fields. Funded by New York State, and based in the optics and imaging capital of the world – Rochester, NY
You’ve identified the market need, and have demonstrated proof-of-concept. Now you need help bringing your product to market. That’s where Luminate comes in; we help you succeed, with capital, connections, and a community of resources. Each accepted company will receive a $100,000 convertible note and is eligible for follow-on investments from us and our venture partners. Our team will work closely with you to help make your company a success. We’ll connect you with our highly skilled mentors and partner organizations so you can take advantage of their expertise and networks. You’ll also have access to our curated service providers to help with legal, accounting, marketing, sales, and other business assistance.
We’ll help you identify and get in front of customers and make introductions to the vast network of suppliers and potential partners within the Rochester, NY region. You’ll become a part of the Rochester optics and imaging community, and the entrepreneurial community at Sibley Square. Each program participant will be provided with working space as well as access to the Luminate Optical Lab, High Tech Rochester’s First Prototyping Lab, and equipment and labs through local partners. We’ll also hold community and networking events, so you can grow your network, and get a better sense for the resources available to you in the community.
Throughout the program we’ll be working to provide you with the resources, knowledge, and connections you need to succeed, as well as giving you opportunities to hone your story. At the end of the program, the program participants will be given the opportunity to pitch at the Luminate Demo Day, and will have a chance to receive a portion of $2 million in follow on funding from Luminate, as well as additional investments from our corporate and venture partners.
- Funds up to $1.1M per team
- Accepts 10 companies