The new LaunchPad software accelerator managed by our supporting member High Tech Rochester (which also operates two more-traditional business incubators) has announced it will operate from 39 State St., commercial space in the historic Ellswanger Barry Building in downtown Rochester. For this and other background on LaunchPad, see the new HTRLaunchPad Blog.
HTR is the first of our incubator members to also directly operate a formal accelerator. In contrast to incubators, which offer physical occupancy and business support over a sustained period of up to several years, accelerators are intensive, short-term (12-week) boot camps designed to prepare capital-efficient software/IT startups for an early round of private investor financing. HTR’s LaunchPad is a underwritten by grant from the Rochester-based Max and Marion Farash Charitable Foundation. It relies on a series of mentors who already work with HTR’s incubators and uses the Lean LaunchPad curriculum developed by Steve Blank.