PRINT | CLOSE WINDOW

Four startups join HTR's business incubator

By KERRY FELTNER - 11/11/2013 4:19:54 PM

High Tech Rochester Inc.’s Lennox Tech Enterprise Center in Henrietta now houses four additional startups that have joined the firm’s business incubation program.

Advis Inc., Empire Robotics Inc., Localized Therapeutics LLC and Lucidity Works LLC will be mentored in the tenets of running a business with a focus on long-term sustainability, HTR officials said.

“We work with the entrepreneurs of newly formed and emerging companies not only in evaluating a business concept but also in creating a path forward for developing their financial and business plans, manufacturing and distribution sources, go-to-market strategies and the many other long-range and day-to-day initiatives that will propel them to self-sustaining success,” said Bob Kot, HTR managing for new ventures at HTR, in a statement.

“In addition, we position them for success with funding sources and outside investors as well as with strategic partners and potential clients and customers,” Kot said.

Two of the firms were finalists in 2013 Rochester Regional Business Plan Contest. Empire Robotics earned second place, and Localized Therapeutics won third place. Each won a combination of cash and services.

(c) 2013 Rochester Business Journal. To obtain permission to reprint this article, call 585-546-8303 or email service@rbj.net.