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Venture Capital - Monroe Fund

The County of Monroe Industrial Development Corporation has partnered with the Trillium Group to invest in several venture capital funds. The funds can be used for commercialization of new inventions and discoveries, and for the growth of existing businesses, through equity and debt investments.

Helping Companies Operating In High Growth Markets

The Monroe Fund is a private venture fund managed by Trillium Capital Partners. It generally invests between $250,000 and $750,000 in startup, early-stage and turnaround businesses in and around Monroe County. Trillium seeks businesses that represent the best of the region’s innovative efforts. To initiate consideration of potential investments, submission of a written business plan or executive summary is required.

Trillium looks for companies operating in high growth markets such as: digital imaging, medical technology, software, Internet and network systems, photonics and wireless communications. As a provider of early-stage capital, the Trillium group requires a meaningful ownership position, Board of Directors representation and terms typical for the risk associated with post-seed, first round investments. The Trillium Group does not routinely seek a controlling interest.

Members of the Monroe Fund include Canandaigua National Bank and Trust Co., Chase Manhattan Corporation, Excellus Retirement Plan, Global Crossing, the Gleason Foundation, Robert Hurlbut, M&T Bank, Lawrence Peckham, Monroe County, the Rochester Construction and Building Trades Council, the University of Rochester, Rochester Gas and Electric Corp., Rochester Institute of Technology, the Monroe Fund Leadership Council, LLC and Trillium Capital Partners, LLC.

Members of the Monroe Fund Leadership Council include Joseph Bell, Richard Dorschel, Laurence Glazer, Halcyon Hill Foundation, Diane Harris, HSBC Bank, Thomas Judson, Timothy Lasch, LeChase Construction Services, LLC, Leenhouts Ventures, Monroe Community College Foundation, Nixon Peabody LLP, Optimation Technology, Inc., William Pollock, Riedman Foundation, Harold Samloff, and Underberg & Kessler LLP.


For more information about the Monroe Fund, please contact the Trillium Group at 585 383-5680 or by e-mail.

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Economic Development

Flower City Printing
Monroe County Executive Maggie Brooks today announced that Flower City Printing has been named Monroe County’s “Business of the Month” for January.
 
Our community is recognized as a national leader in the printing industry  and Flower City Printing is one of the companies that put our region on the map,” said Brooks. “I want to thank Flower City Printing for providing good jobs and growing their business in Monroe County.”
Color Methods, Inc., (CMI) Monroe County Executive Maggie Brooks announced that Color Methods, Inc., (CMI) a premier audiovisual services company, has been named Monroe County’s “Business of the Month”.

“CMI Communications, located in Gates, is helping to put Monroe County on the map by providing premier audiovisual services and equipment for company presentations throughout the nation and across the globe,” said Brooks.
PEKO Precision Products

Monroe County Executive Maggie Brooks announced that PEKO Precision Products, a multi-faceted, advanced center for technology and product commercialization, has been named Monroe County’s “Business of the Month”.

I am proud to have PEKO Precision Products in Monroe County and am thankful for their commitment to our community,” said Brooks. “For over 40 years, PEKO has continued to grow and flourish right here in Monroe County and they remain here today thanks to our highly skilled workforce and a quality of life that is second to none.

Stefan Sydor Optics, Inc.

Monroe County Executive Maggie Brooks today announced that Stefan Sydor Optics, Inc. has been named Monroe County’s "Business of the Month".

"Stefan Sydor Optics, Inc. is a perfect example of the spirit of innovation and cutting-edge technology that exists right here in Monroe County," said Brooks. "I am proud to have Sydor in our community as they continue to grow and do business here. In fact, the company has seen tremendous growth in recent years and has been nationally recognized as one of the country’s fastest growing companies. That is something for all of us to take pride in as Sydor continues to put Monroe County on the map."

Drapery Industries, Inc.

Monroe County Executive Maggie Brooks today announced that Drapery Industires, Inc. has been named Monroe County's "Business of the Month" and is featured on Monroe County's website, monroecounty.gov.

"I am proud to announce Drapery Industires, Inc. as the Monroe County Business of the Month.  Drapery Industries is a great company and I am proud to have them right here in our community," said Brooks.  "For over forty years, Drapery Industries has served our region, providing quality services and custom products, and their continued commitment to customer service truly sets them apart."

Lanovara Specialty Foods, Inc.

Monroe County Executive Maggie Brooks today announced that Lanovara Specialty Foods, Inc., a leading wholesale food distributor, has been named Monroe County’s “Business of the Month”.

Lanovara Specialty Foods, Inc., located in Henrietta, has been a staple of this community since1920, and their success is a testament to their dedication to providing premier Italian baked goods to Monroe County and other areas on the East Coast,” said County Executive Maggie Brooks. “We are proud that they call Monroe County their home and thank them for their continued commitment to expanding their operations here and creating jobs within our community.”

XLI Corporation

Monroe County Executive Maggie Brooks announced that XLI Corporation, a precision manufacturer, has been named Monroe County’s “Business of the Month”.

“I am proud to have XLI Corporation in Monroe County and am thankful for their commitment to our community,” said Brooks. “For over 40 years, XLI has continued to grow and flourish here in Monroe County and they remain here today because of our highly skilled workforce. I’d like to thank XLI for their continued commitment to growing and expanding their operations here locally.”

Achieve Results Corp.

Monroe County Executive Maggie Brooks announced that Achieve Results Corp., an innovative leader in the field of speech recognition software training has been named Monroe County’s "Business of the Month".

 

"Achieve Results is an excellent example of the type of small, innovative business that is currently driving our local economy," said Brooks. "They are one of the many unique companies doing business in Monroe County and I thank Owner Dana Abramson and her outstanding team whose hard-work and commitment make our community a great place to live, work, and do business."

SenDEC Corporation

Monroe County Executive Maggie Brooks announced that SenDEC Corporation, a comprehensive electronic manufacturing services company, has been named Monroe County’s “Business of the Month”.

“SenDEC Corporation, located in Fairport, has been a true bright spot in our local economy for the past thirty-one years and I am proud they call Monroe County their home,” said Monroe County Executive Brooks. “I would like to thank SenDEC for their long-standing commitment to offering highly-skilled jobs for residents and growing and expanding their business in our community.”

ELO TouchSystems

Monroe County Executive Maggie Brooks announced that ELO TouchSystems, a global leader in touch screen technology, has been named Monroe County's "Business of the Month".

 

"ELO TouchSystems is a true bright spot in our local economy, manufacturing incredible high-technology products right here in Monroe County that are sold all over the world," said Monroe County Executive Brooks.  "I would like to thank ELO for their commitment to offering highly-skilled jobs for residents and growing and expanding their business in our community."

Fieldtex Products, Inc.
Monroe County Executive Maggie Brooks announced that Fieldtex Products, Inc., a leading textile and medical products manufacturer and distributor has been named Monroe County’s “Business of the Month”.
 
I am proud to have Fieldtex Products in Monroe County and am thankful for their commitment to our community,” said Brooks. “Their success is a testament to their dedication to offering the highest quality products and I want to thank them for continuing to grow their business and create jobs in our community.”
 
Post Central

Monroe County Executive Maggie Brooks announced that Post Central, a Creative Communications Company, has been named Monroe County’s "Business of the Month".

 

"Monroe County has a rich history within the film and video industry and Post Central is certainly carrying on this proud tradition in our community," said Monroe County Executive Brooks. "I would like to thank Post Central for the unique role they play in our local economy and their commitment to offering highly-skilled jobs for residents."

LiDestri Foods, Inc.

Monroe County Executive Maggie Brooks today announced that LiDestri Foods Inc., a full-service contract manufacturer and private labeler of pasta, sauces, dips, and salsas, has been named Monroe County’s "Business of the Month".

 

"For over thirty years, LiDestri Foods has been manufacturing quality food products right here in Monroe County that can be found in many of our kitchen cupboards," said Monroe County Executive Brooks. "I would like to thank LiDestri for their commitment to expanding their business here and providing hundreds of jobs for local residents."

 

Diamond Packaging

Monroe County Executive Maggie Brooks today announced that Diamond Packaging, an industry leading high-end printing and packaging company, has been named Monroe County’s “Business of the Month” .

 

“Diamond Packaging is a true bright spot in our local economy,” said Brooks. “Their success is a testament to their dedication to offering the highest quality products and I thank them for investing in our community and creating jobs for local residents.”

Getinge

Monroe County Executive Maggie Brooks today announced that Getinge, a global provider of infection control equipment, medical systems, and extended care products, has been named Monroe County’s “Business of the Month”


“Getinge is a global leader within their field and their products are known and used world-wide,” said Brooks. “I am proud to have such a remarkable company here in Monroe County and thank them for their continued commitment and investment in our community.”

Rochester Precision Optics, LLC Monroe County Executive Maggie Brooks today announced that Rochester Precision Optics, LLC (RPO) has been named Monroe County’s “Business of the Month” Rochester Precision Optic’s acquisition of a portion of Kodak’s manufacturing assets has positively impacted our local economy by recovering lost jobs and maintaining our region’s manufacturing capabilities,” said Monroe County Executive Brooks. “I am proud to have such a remarkable company here in Monroe County and I thank Bill Hurley for his continued commitment and investment in our community.”
Rochester Precision Optics Monroe County Executive Maggie Brooks today announced that Rochester Precision Optics, LLC (RPO) has been named Monroe County’s “Business of the Month”

Rochester Precision Optic’s acquisition of a portion of Kodak’s manufacturing assets has positively impacted our local economy by recovering lost jobs and maintaining our region’s manufacturing capabilities,” said Monroe County Executive Brooks. “I am proud to have such a remarkable company here in Monroe County and I thank Bill Hurley for his continued commitment and investment in our community.”
Mastro Graphic Arts, Inc. Monroe County Executive Maggie Brooks today announced that Mastro Graphic Arts, Inc. (MGA) has been named Monroe County’s “Business of the Month”

“Mastro Graphic Arts is one of many small companies here in Monroe County that truly put us on the map,” said Monroe County Executive Brooks. “I am thrilled that they are taking advantage of our newest economic development program, Jobs LoanPlus, and thank them for their continued investment in our local economy.”
INDE Monroe County Executive Maggie Brooks today announced that INDE has been named Monroe County’s “Business of the Month”.  INDE is a one-stop home redesign center that specializes in remodeling projects with a focus on new kitchens, bathrooms, additions, and finished basements.

“INDE has developed a unique business concept that not only puts Monroe County on the map, but caters to the majority of our homeowners who are electing to stay in their homes and remodel,” said Monroe County Executive Brooks.  “I’d like to thank INDE for their tremendous investment in our local economy and creating highly-skilled jobs.”
Pactech Packaging, Inc. Monroe County Executive Maggie Brooks today announced that Pactech Packaging, Inc. (Pactech) has been named Monroe County’s “Business of the Month” and is featured on Monroe County’s website, monroecounty.gov.  Pactech was founded in 1991 and is a local supplier of innovative flexible packaging solutions.

“Pactech is an incredible company that designs and develops new packaging products that are used by companies all over the world,” said Monroe County Executive Brooks.  “I am proud that Pactech has made Monroe County their home and I thank them for their continued investment in our local economy and creating highly skilled jobs.”
Mahany Welding Supply County Executive Maggie Brooks today announced that Mahany Welding Supply (Mahany) has been named Monroe County’s “Business of the Month”.   Founded in 1946, Mahany specializes in the distribution, sale and servicing of welding related supplies and equipment.

Mahany also offers a variety of welder training courses that include: day clinics, night courses, collegiate and vocational courses through Monroe Community College and RIT, and professional welder qualification programs.  Mahany has trained over 3,000 welders in the past ten years.

“Mahany is an incredibly unique small business that puts Monroe County on the map in a number of different ways,” said County Executive Brooks.  “Skilled welders are currently in high demand in our region.  Through a wide-variety of training programs, Mahany Welding Supply is helping local employers fill a critical void while also connecting people with skilled jobs.”
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