{"id":389202,"date":"2019-07-08T13:00:39","date_gmt":"2019-07-08T17:00:39","guid":{"rendered":"http:\/\/www.rochester.edu\/newscenter\/?p=389202"},"modified":"2019-07-08T14:14:54","modified_gmt":"2019-07-08T18:14:54","slug":"startups-universities-ties-luminate-competition-winners-389202","status":"publish","type":"post","link":"https:\/\/www.rochester.edu\/newscenter\/startups-universities-ties-luminate-competition-winners-389202\/","title":{"rendered":"Startups with University ties win big at Luminate competition"},"content":{"rendered":"

The top two finishers in this year\u2019s Luminate competition are startup companies with strong ties to the University of Rochester.<\/p>\n

Ovitz, which develops individualized vision care, including a custom contact lens, and proprietary software algorithms to diagnose abnormal corneas, took the $1 million top prize in the the world\u2019s largest startup accelerator program for optics, photonics, and imaging technologies.<\/p>\n

Ovitz founder and CEO Felix Kim \u201914 is a graduate of the University\u2019s Institute of Optics, as is engineering director Nick Brown \u201915. Chief scientist Geunyoung Yoon<\/a> is a professor of ophthalmology and biomedical engineering at the University. The company was founded in 2012 by Kim and five other students, placed first in the 2013 Charles and Janet Forbes Entrepreneurial Award Competition and third in the 2013 Mark Ain Business Model Competition for the EyeProfiler, an eye measurement device that is portable, inexpensive, and multifunctional.\u00a0Ovitz exited the University\u2019s Student Incubator in 2016 and joined the High Tech Rochester (now NextCorps) Affiliate Program to continue their business goals.<\/p>\n

VPG Medical, which took the $500,000 second-place prize, has developed cameras that can be embedded in smart devices to monitor the cardiac activity \u2014 and quickly detect heart failure \u2014 by watching changes in the coloration of the face. CEO and co-founder Jean-Phillippe Couderc<\/a>\u00a0is an associate professor of medicine (cardiology) at the University of Rochester Medical Center as is Chief Medical Officer\u00a0Burr Hall<\/a>.\u00a0Guy Arie<\/a>, head of business development, is an assistant professor of economics and management at the Simon Business School.<\/p>\n

All winners of the competition, which is administered by University affiliate NextCorps \u2014 the region\u2019s only state- and federally designated business incubator \u2014 commit to establishing operations in Rochester for at least the next 18 months.<\/p>\n","protected":false},"excerpt":{"rendered":"

Ovitz and VPG Medical took home first and second prize in this year\u2019s Luminate competition, the world\u2019s largest startup accelerator program for optics, photonics, and imaging technologies.<\/p>\n","protected":false},"author":286,"featured_media":389212,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[3],"tags":[10716,18652,7496],"class_list":["post-389202","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-university-news","tag-economic-development","tag-institute-of-optics","tag-photonics"],"acf":[],"yoast_head":"\nStartups with University ties win big at Luminate competition<\/title>\n<meta name=\"description\" content=\"Ovitz and VPG Medical took home top prizes in this year\u2019s Luminate competition, the world\u2019s largest startup accelerator program for optics and photonics.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.rochester.edu\/newscenter\/startups-universities-ties-luminate-competition-winners-389202\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Startups with University ties win big at Luminate competition\" \/>\n<meta property=\"og:description\" content=\"Ovitz and VPG Medical took home top prizes in this year\u2019s Luminate competition, the world\u2019s largest startup accelerator program for optics and photonics.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.rochester.edu\/newscenter\/startups-universities-ties-luminate-competition-winners-389202\/\" \/>\n<meta property=\"og:site_name\" content=\"News Center\" \/>\n<meta property=\"article:published_time\" content=\"2019-07-08T17:00:39+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-07-08T18:14:54+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.rochester.edu\/newscenter\/wp-content\/uploads\/2019\/07\/fea-ovitz-luminate-competition.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Bob Marcotte\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Bob Marcotte\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.rochester.edu\\\/newscenter\\\/startups-universities-ties-luminate-competition-winners-389202\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.rochester.edu\\\/newscenter\\\/startups-universities-ties-luminate-competition-winners-389202\\\/\"},\"author\":{\"name\":\"Bob Marcotte\",\"@id\":\"https:\\\/\\\/www.rochester.edu\\\/newscenter\\\/#\\\/schema\\\/person\\\/e0d8d271cd290d592461fa9cefca013b\"},\"headline\":\"Startups with University ties win big at Luminate competition\",\"datePublished\":\"2019-07-08T17:00:39+00:00\",\"dateModified\":\"2019-07-08T18:14:54+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.rochester.edu\\\/newscenter\\\/startups-universities-ties-luminate-competition-winners-389202\\\/\"},\"wordCount\":288,\"image\":{\"@id\":\"https:\\\/\\\/www.rochester.edu\\\/newscenter\\\/startups-universities-ties-luminate-competition-winners-389202\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.rochester.edu\\\/newscenter\\\/wp-content\\\/uploads\\\/2019\\\/07\\\/fea-ovitz-luminate-competition.jpg\",\"keywords\":[\"economic development\",\"Institute of Optics\",\"photonics\"],\"articleSection\":[\"University News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.rochester.edu\\\/newscenter\\\/startups-universities-ties-luminate-competition-winners-389202\\\/\",\"url\":\"https:\\\/\\\/www.rochester.edu\\\/newscenter\\\/startups-universities-ties-luminate-competition-winners-389202\\\/\",\"name\":\"Startups with University ties win big at Luminate competition\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.rochester.edu\\\/newscenter\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.rochester.edu\\\/newscenter\\\/startups-universities-ties-luminate-competition-winners-389202\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.rochester.edu\\\/newscenter\\\/startups-universities-ties-luminate-competition-winners-389202\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.rochester.edu\\\/newscenter\\\/wp-content\\\/uploads\\\/2019\\\/07\\\/fea-ovitz-luminate-competition.jpg\",\"datePublished\":\"2019-07-08T17:00:39+00:00\",\"dateModified\":\"2019-07-08T18:14:54+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.rochester.edu\\\/newscenter\\\/#\\\/schema\\\/person\\\/e0d8d271cd290d592461fa9cefca013b\"},\"description\":\"Ovitz and VPG Medical took home top prizes in this year\u2019s Luminate competition, the world\u2019s largest startup accelerator program for optics and photonics.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.rochester.edu\\\/newscenter\\\/startups-universities-ties-luminate-competition-winners-389202\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.rochester.edu\\\/newscenter\\\/startups-universities-ties-luminate-competition-winners-389202\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.rochester.edu\\\/newscenter\\\/startups-universities-ties-luminate-competition-winners-389202\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.rochester.edu\\\/newscenter\\\/wp-content\\\/uploads\\\/2019\\\/07\\\/fea-ovitz-luminate-competition.jpg\",\"contentUrl\":\"https:\\\/\\\/www.rochester.edu\\\/newscenter\\\/wp-content\\\/uploads\\\/2019\\\/07\\\/fea-ovitz-luminate-competition.jpg\",\"width\":1000,\"height\":600,\"caption\":\"Ovitz, which develops individualized vision care, took home the $1 million top prize in the the world\u2019s largest startup accelerator program for optics, photonics, and imaging technologies.\u00a0(Luminate photo)\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.rochester.edu\\\/newscenter\\\/startups-universities-ties-luminate-competition-winners-389202\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.rochester.edu\\\/newscenter\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Startups with University ties win big at Luminate competition\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.rochester.edu\\\/newscenter\\\/#website\",\"url\":\"https:\\\/\\\/www.rochester.edu\\\/newscenter\\\/\",\"name\":\"News Center\",\"description\":\"University of Rochester\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.rochester.edu\\\/newscenter\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.rochester.edu\\\/newscenter\\\/#\\\/schema\\\/person\\\/e0d8d271cd290d592461fa9cefca013b\",\"name\":\"Bob Marcotte\",\"url\":\"https:\\\/\\\/www.rochester.edu\\\/newscenter\\\/author\\\/bmarcotte\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Startups with University ties win big at Luminate competition","description":"Ovitz and VPG Medical took home top prizes in this year\u2019s Luminate competition, the world\u2019s largest startup accelerator program for optics and photonics.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.rochester.edu\/newscenter\/startups-universities-ties-luminate-competition-winners-389202\/","og_locale":"en_US","og_type":"article","og_title":"Startups with University ties win big at Luminate competition","og_description":"Ovitz and VPG Medical took home top prizes in this year\u2019s Luminate competition, the world\u2019s largest startup accelerator program for optics and photonics.","og_url":"https:\/\/www.rochester.edu\/newscenter\/startups-universities-ties-luminate-competition-winners-389202\/","og_site_name":"News Center","article_published_time":"2019-07-08T17:00:39+00:00","article_modified_time":"2019-07-08T18:14:54+00:00","og_image":[{"url":"https:\/\/www.rochester.edu\/newscenter\/wp-content\/uploads\/2019\/07\/fea-ovitz-luminate-competition.jpg","width":1000,"height":600,"type":"image\/jpeg"}],"author":"Bob Marcotte","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Bob Marcotte","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.rochester.edu\/newscenter\/startups-universities-ties-luminate-competition-winners-389202\/#article","isPartOf":{"@id":"https:\/\/www.rochester.edu\/newscenter\/startups-universities-ties-luminate-competition-winners-389202\/"},"author":{"name":"Bob Marcotte","@id":"https:\/\/www.rochester.edu\/newscenter\/#\/schema\/person\/e0d8d271cd290d592461fa9cefca013b"},"headline":"Startups with University ties win big at Luminate competition","datePublished":"2019-07-08T17:00:39+00:00","dateModified":"2019-07-08T18:14:54+00:00","mainEntityOfPage":{"@id":"https:\/\/www.rochester.edu\/newscenter\/startups-universities-ties-luminate-competition-winners-389202\/"},"wordCount":288,"image":{"@id":"https:\/\/www.rochester.edu\/newscenter\/startups-universities-ties-luminate-competition-winners-389202\/#primaryimage"},"thumbnailUrl":"https:\/\/www.rochester.edu\/newscenter\/wp-content\/uploads\/2019\/07\/fea-ovitz-luminate-competition.jpg","keywords":["economic development","Institute of Optics","photonics"],"articleSection":["University News"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.rochester.edu\/newscenter\/startups-universities-ties-luminate-competition-winners-389202\/","url":"https:\/\/www.rochester.edu\/newscenter\/startups-universities-ties-luminate-competition-winners-389202\/","name":"Startups with University ties win big at Luminate competition","isPartOf":{"@id":"https:\/\/www.rochester.edu\/newscenter\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.rochester.edu\/newscenter\/startups-universities-ties-luminate-competition-winners-389202\/#primaryimage"},"image":{"@id":"https:\/\/www.rochester.edu\/newscenter\/startups-universities-ties-luminate-competition-winners-389202\/#primaryimage"},"thumbnailUrl":"https:\/\/www.rochester.edu\/newscenter\/wp-content\/uploads\/2019\/07\/fea-ovitz-luminate-competition.jpg","datePublished":"2019-07-08T17:00:39+00:00","dateModified":"2019-07-08T18:14:54+00:00","author":{"@id":"https:\/\/www.rochester.edu\/newscenter\/#\/schema\/person\/e0d8d271cd290d592461fa9cefca013b"},"description":"Ovitz and VPG Medical took home top prizes in this year\u2019s Luminate competition, the world\u2019s largest startup accelerator program for optics and photonics.","breadcrumb":{"@id":"https:\/\/www.rochester.edu\/newscenter\/startups-universities-ties-luminate-competition-winners-389202\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.rochester.edu\/newscenter\/startups-universities-ties-luminate-competition-winners-389202\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.rochester.edu\/newscenter\/startups-universities-ties-luminate-competition-winners-389202\/#primaryimage","url":"https:\/\/www.rochester.edu\/newscenter\/wp-content\/uploads\/2019\/07\/fea-ovitz-luminate-competition.jpg","contentUrl":"https:\/\/www.rochester.edu\/newscenter\/wp-content\/uploads\/2019\/07\/fea-ovitz-luminate-competition.jpg","width":1000,"height":600,"caption":"Ovitz, which develops individualized vision care, took home the $1 million top prize in the the world\u2019s largest startup accelerator program for optics, photonics, and imaging technologies.\u00a0(Luminate photo)"},{"@type":"BreadcrumbList","@id":"https:\/\/www.rochester.edu\/newscenter\/startups-universities-ties-luminate-competition-winners-389202\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.rochester.edu\/newscenter\/"},{"@type":"ListItem","position":2,"name":"Startups with University ties win big at Luminate competition"}]},{"@type":"WebSite","@id":"https:\/\/www.rochester.edu\/newscenter\/#website","url":"https:\/\/www.rochester.edu\/newscenter\/","name":"News Center","description":"University of Rochester","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.rochester.edu\/newscenter\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.rochester.edu\/newscenter\/#\/schema\/person\/e0d8d271cd290d592461fa9cefca013b","name":"Bob Marcotte","url":"https:\/\/www.rochester.edu\/newscenter\/author\/bmarcotte\/"}]}},"_links":{"self":[{"href":"https:\/\/www.rochester.edu\/newscenter\/wp-json\/wp\/v2\/posts\/389202","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rochester.edu\/newscenter\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rochester.edu\/newscenter\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rochester.edu\/newscenter\/wp-json\/wp\/v2\/users\/286"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rochester.edu\/newscenter\/wp-json\/wp\/v2\/comments?post=389202"}],"version-history":[{"count":3,"href":"https:\/\/www.rochester.edu\/newscenter\/wp-json\/wp\/v2\/posts\/389202\/revisions"}],"predecessor-version":[{"id":389302,"href":"https:\/\/www.rochester.edu\/newscenter\/wp-json\/wp\/v2\/posts\/389202\/revisions\/389302"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.rochester.edu\/newscenter\/wp-json\/wp\/v2\/media\/389212"}],"wp:attachment":[{"href":"https:\/\/www.rochester.edu\/newscenter\/wp-json\/wp\/v2\/media?parent=389202"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rochester.edu\/newscenter\/wp-json\/wp\/v2\/categories?post=389202"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rochester.edu\/newscenter\/wp-json\/wp\/v2\/tags?post=389202"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}