Empire State Development (ESD) today announced the 10 companies selected to take part in the second cohort of New York State’s Luminate NY accelerator competition in Rochester. The finalists selected include optics, photonics and imaging start-ups who were selected after pitching their innovative ideas to an advisory panel comprised of industry experts at the Luminate NY Lightning Awards at the Dryden Theatre at the George Eastman House. Each company will receive an initial investment of $100,000 and will be a part of the initiative’s second cohort, which will launch in January 2019 at the newly renovated Sibley Building in downtown Rochester. The 6-month program will assist the selected companies with their ideas to accelerate their commercialization. The teams will then compete on Demo Day, where they will vie for over $2 million in follow-on funding. Funding for the $10 million program is being provided through the Finger Lakes Forward Upstate Revitalization Initiative award and is being administered by Nextcorps.