Upstate New York, April 18, 2017 – Launch New York, Upstate New York’s first and only venture development organization (VDO) focused on transforming the economy of the 27 westernmost counties of New York State, today announced has invested in Syracuse based, Pelitex. The co-investment totaling $100,000 is a partnership between Launch NY and CenterState Corporation for Economic Opportunity (CenterState CEO).
The three way co-investment totaling $75,000 is a partnership between Launch NY, SOS Ventures, and the RIT Venture Fund.
Rochester Business Journal
House at Work LLC, a website startup that connects homeowners with home improvement professionals, has raised $25,000 in funding from Launch NY, officials said.
Buffalo Business First
The Buffalo-Niagara Falls region will host a two-day small business festival next month that provides local experts, panel discussions and networking opportunities for small business owners and entrepreneurs. Programs will take place May 1 through May 2 at a variety of locations throughout Erie and Niagara counties. Locally, insurance agency Lawley and Launch NY, a nonprofit venture that supports startup companies, have agreed to sponsor the festival. All events are free to attend, but registration is required and available here.