ENTREPRENEURS WILL PLAY A PIVOTAL ROLE FOR THE ROCHESTER COMMUNITY IN THE YEARS AHEAD
A core belief of the Foundation is the importance of entrepreneurial creativity—echoing a deeply held conviction of its founders, Max and Marian Farash. The Foundation therefore celebrates and supports a variety of initiatives:
- In 2019, the Foundation has undertaken two entrepreneurship programs, both by invitation only. One grant program supports nonprofit organizations that focus on building an entrepreneurial skill set among high school students; the other supports organizations fostering intensive mentorship, entrepreneur-in-residence services, angel and social networks, and other industry-specific support for entrepreneurs in the underserved communities in Monroe and Ontario counties.
- The Foundation created and sponsors the Farash Prize for Social Entrepreneurship, which recognizes exceptional social entrepreneurs and the organizations they created or inspired. The 2018 Prize went to Martin Weingarten, founder and former president of the Center for Youth.
- The Foundation helped to found and actively supports Connected Communities, Inc., established in 2015 to serve as the coordinator and facilitator for the transformation and revitalization of Rochester, N.Y.’s EMMA and Beechwood neighborhoods.
- In the Entrepreneurship Ecosystem Fund, the Foundation forged a collaborative alliance with entities in Monroe and Ontario Counties that play key roles in the regional entrepreneurial and innovation ecosystem.