Luminate NY

Overview

Luminate NY is a premier accelerator and venture fund dedicated to fostering innovation in optics, photonics, and imaging technologies. The program annually selects 10 companies from around the world, providing them with a $100,000 investment upon acceptance and the opportunity to secure an additional $2 million in follow-on funding. Participants gain access to comprehensive lab facilities, education, and business mentoring, preparing them for investment readiness and commercialization. The accelerator focuses on startups developing emerging solutions across various industries, including healthcare, defense, aerospace, automotive, consumer electronics, and more. Companies are expected to participate in person in Rochester, NY, one week per month, with virtual programming during the other weeks. This structure ensures a balance between hands-on support and flexibility for global participants. Luminate NY is funded by the Finger Lakes Forward Upstate Revitalization Initiative and administered by NextCorps. The program's strategic location in Rochester, NY, leverages the region's rich history in imaging sciences and its status as a hub for optics and photonics innovation. This environment offers startups unparalleled access to industry experts, potential partners, and a supportive entrepreneurial ecosystem.

Investment Focus

• Startups developing emerging solutions in optics, photonics, and imaging technologies
• Ability to participate in person in Rochester, NY, one week per month
• Commitment to virtual programming during other weeks
• Focus on investment readiness and commercialization

Portfolio Companies