New Office of Entrepreneurship and Innovation captures the startup spirit on campus

Hub will create a pathway for startups from ideation to launch, growth, and exits

RIT’s new entrepreneurial hub is designed to support entrepreneurs at every stage of their journeys—from ideation to launch, growth, and exits.

The Office of Entrepreneurship and Innovation, in partnership with students, faculty, staff, alumni, industrial partners, and investors, will catalyze the development of successful ventures, and will strategically consolidate several existing departments and centers supporting the university entrepreneurial community, and beyond.

The office encompasses the Simone Center for Innovation and Entrepreneurship, Center for Urban Entrepreneurship, Venture Creations incubator, and the Office of Intellectual Property Management to benefit startups, corporate partners, investors, and government entities looking to collaborate with RIT. It’s housed in Student Innovation Hall.

According to Ryne Raffaelle, vice president for Research and associate provost, the vision is bold: to foster a culture where innovation becomes integral to RIT life, creating lasting economic impact both within the university and beyond.

“The formation of this office is the result of multiple studies, review sessions, strategy development, and implementation plans created and reviewed by entrepreneurs, alumni, business executives, academics, and university leadership,” said Raffaelle. “It will be the epicenter of our efforts to leverage our research strengths, unlock the commercial potential of our ideas and discoveries, and foster a culture of entrepreneurial thinking that spans across disciplines. This center is the next step in advancing RIT’s status as a catalyst of entrepreneurial endeavors.”

Johan Klarin, formerly the director of Venture Creations, is leading the office as assistant vice president and managing director. An experienced business startup creator, adviser, and serial entrepreneur, Klarin believes that RIT is the perfect place to develop the best entrepreneurs, citing its fast and astute learners.

“RIT is well positioned to support entrepreneurs both within the university ecosystem and externally,” he said. “With our strengths in research, outstanding students, campus resources, alumni, business partners, and generous supporters, we can accelerate the creation of successful companies. While failures are part of the journey when creating new things, by building an environment and culture where entrepreneurs and their endeavors are celebrated and supported, we can reach our bold goal of establishing RIT as a recognized dynamic engine of innovation with real-world impact.”


Recommended News