New Fund Will Expand Technological Commercialization in Upstate New York
Organization: University of Rochester
New York State will expand its technological strengths and promote the commercialization that leads to economic growth through a $2 million pilot seed fund project. Empire State Development (ESD), the University of Rochester and Assemblyman Joseph D. Morelle today announced the creation of the Upstate Regional Seed Fund. Excell Partners Inc., a not-for-profit corporation formed in 2005 through an agreement with University of Rochester Medical Center, will use the grant funds to make equity investments in high-tech startups and emerging ...
