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The Business Page

Welcome to the business page, a blog where I'll take you behind the scenes of greater Rochester's fast-changing economy. My name is Ben Rand, and I intend to introduce you to some of the personalities, concepts and events that make news in business here. I've been a business reporter for eight years in Rochester and a journalist for 18, working in four states. I grew up in Pittsford, but moved away after college for about a decade. My wife and I live in Irondequoit with our two children.

Friday, September 22, 2006

On Start-ups and other measures

It's been a busy week down here at the newspaper, but an interesting one. Coming off several recent new job announcements, the talk around Rochester has turned to entrepreneurship, with two conferences in town designed to promote funding for innovative ideas. The conferences were UNYTech, which is an alliance of upstate universities, and the National Association of Seed and Venture Funds, which is a group of investors devoted to helping business get off the ground.

Depending on whom you speak to, Rochester is either doing very well or is struggling. But it is fair to say there is no shortage of effort to help the region realize its entrepreneurial dreams.

Some of that effort was on display at the UNYTech conference, which featured pitches from companies to investors. Some of the more interesting:
  • iCardiac Technologies Inc. of Rochester has developed software that analyzes electrocardiogram data to help pharmaceutical companies produce drugs that are less harmful to the heart.
  • Campus Current, also of Rochester, a company comign out of the Simon School at the University of Rochester. Campus Current aims to be a simplified version of social networking sites such as Facebook.com and MySpace.com.
  • Pathologics LLC of Penfield, an early stage biosensor company for use in a range of markets.
  • e2eMaterials LLC of Ithaca, a company coming out of Cornell University that is looking into producing petroleum free biodegradable composites.
  • Sunward Medical LLC of Troy, a company that has developed a way of recording and analyzing chest sounds to diagnose disorders such as asthma and bronchitis.

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