In just two years of earning eligibility, Launch New York (Launch NY), Upstate New York’s first and only venture development organization to help provide pro bono mentoring and capital access to high-growth potential startup businesses across the 27 westernmost counties of the state, has announced it is the recipient of another grant, this one totaling $168,000 from the U.S. Department of the Treasury’s Community Development Financial Institution (CDFI) Fund, a federal program aimed at increasing lending and investment activity in low-income and economically distressed areas across the nation.
Launch NY has received a new $200,000 grant from The John R. Oishei Foundation, whose prior awards of $838,000 starting in 2012 fueled the creation and growth of Launch NY to serve over 800 companies with pro bono mentorship as one of the most active sources of seed funding in Upstate NY.
Buffalo Business First
The Buffalo News
Launch New York has received a $200,000 grant from the John R. Oishei Foundation, to support a new "cleantech" incubator on the Buffalo Niagara Medical Campus.