This Week
  • Architect David Hanlon has worked with some of the area's leading developers.

  • For startup companies, legal and accounting missteps can prove costly.

  • Wilmorite hopes soon to win approval for $425M casino in Seneca County.

  • ID Signsystems Inc. has grown from a local company into an international business.

  • Robert Linton guides Jazz 90.1 through a new era in media.

  • The RBJ 75 supplement presents a list of the 75 largest private-sector employers.

Q4: William Destler, president, Rochester Institute of Technology

Rochester Business Journal
October 26, 2012

Q: This week Rochester Institute of Technology announced it will open a Center for Urban Entrepreneurship at the site of the former Rochester Savings Bank. What will this new center include?

A: RIT's downtown center will include space for RIT faculty, staff and students visiting and working downtown, space for academic courses, seminars and workshops and an urban entrepreneurship center intended to spur economic activity in the city.

Q: What will it mean for RIT to expand in this way?

A: RIT's efforts to encourage innovation and entrepreneurship have grown to the point where we need an additional facility to manage all of our business developments. Also, since we have many of our students visiting the city each week, a downtown center can be a convenient drop-off location for our transit buses.

Q: How important is it for RIT to return to a downtown presence?

A: RIT grew out of Rochester's need for trained personnel for the city's growing industries. At a time when our community is working to revitalize downtown Rochester and spur economic development in the city, it seems appropriate for RIT to once again support a downtown RIT center.

Q: What effect do you expect this new center will have on the region and its economy?

A: We are hoping that RIT's new downtown center will spur economic growth, encourage innovation and entrepreneurship in the city and result in new businesses that will take root in the city limits.

10/26/12 (c) 2012 Rochester Business Journal. To obtain permission to reprint this article, call 585-546-8303 or email service@rbj.net.


What You're Saying 

There are no comments yet. Be the first to add yours!

Post Your Own Comment

 
Username:
Password:

Not registered? Sign up now!
 

To Do   Text Size
Post CommentPost A Comment eMail Size1
View CommentsView All Comments PrintPrint Size2
ReprintsReprints Size3
  • E-mailed
  • Commented
  • Viewed
RBJ   Google