Luminate’ initiative guarantees $100k minimum investment for successful applicants, as part of a $5 million-per-year effort


A photonics-focused accelerator program based in Rochester and with close links to the AIM Photonics effort is about to begin offering support to startup companies.

The “Luminate” initiative, first announced in January by New York governor Andrew Cuomo as the “Photonics Venture Challenge”, is to offer an aggregate $5 million per year to young companies working in the fields of optics, photonics and imaging.”

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