NextCorps, formerly High Tech Rochester, opens offices in renovated Sibley Building
Rochester, N.Y. (WHAM) - On the sixth floor of the renovated Sibley Building in downtown Rochester, a new state-of-the-art business growing facility opened its doors Friday morning.
NextCorps, formerly known as High Tech Rochester, aims to support the creation and growth of high tech companies. NextCorps moved its staff from the Lennox Tech Enterprise Center in Henrietta to the renovated building.
The 40,000-square-foot space includes a signature co-working space located in the historic Sibley Tea Room, as well as private offices and suites, wet labs for biotech companies, a prototyping lab and common areas. The renovation of the space cost $16 million. This was paid for with $8 million from New York, $2 million from the federal Economic Development Administration, and $3 million in private donations.
The company has the option to build out an additional 28,000 square feet in case of future demand.
"New York is committed to the continued renaissance happening in Downtown Rochester, and the addition of NextCorps will serve as an essential piece to these revitalization efforts," Governor Cuomo said.
NextCorps also runs a number of other business incubation programs, including Luminate NY, Manufacturing Extension Partnership, NEXUS-NY, Rochester Venture Challenge, The Entrepreneurs Network, and the NYSERDA EIR Program.