2018

  • Buffalo Business First

    RepHike leaders noticed earlier this year that its platform had vast potential in the emerging world of micro-influencer campaigns.

  • Buffalo Business First

    Western New York is home to a lot of clean-tech entities, from startups to academic research to major factories. But the scene is fragmented with little in the way of identity or community. Launch NY leaders want to change that narrative, starting with a four-year, $1.5 million award from the New York State Energy and Research Development Authority to run a clean-tech incubator in Buffalo.

  • University at Buffalo

    The company has quickly gained recognition as one of the region’s promising startups, winning UB’s Henry A. Panasci Jr. Technology Entrepreneurship Competition (Panasci TEC) in 2016 and securing a $25,000 investment from Launch NY and Z80 Labs the same year.

  • Central NY Business Journal

    The Upstate Capital Association of New York announced it has named Lindsay Stencel of Launch NY and Rick Clonan of Genius NY as its newest board members.

  • Buffalo Business First

    The president and CEO of Launch NY since 2014, LaVigne has built the nonprofit she co-founded into a whirlwind of seed-stage investment activity.

  • Cornell Chronicle

    As Orthofit has made strides in developing its prototype and business plan, the company has attracted the attention of investors. In January, Orthofit received $50,000 in seed capital from Launch NY, a venture development organization that provides mentoring and financing to high-potential startups in upstate New York.

  • Buffalo Business First

    The growing entrepreneurial community had an increased number of interested technology and academic founders but very few businesspeople embedded as leaders of the companies. And so, to meet the demand of prospective investors for startups to have quality management teams, Launch NY was formed to accelerate the new startup ventures through “The Valley of Death” time period through the creation of strong management teams and supplying of seed funding for proof of concept.

  • Buffalo Business First

    The angel pipeline connects between seed funders such as Launch NY and investment firms like Rand Capital Corp. of Buffalo and Armory Square Ventures of Syracuse.

  • Buffalo Business First

  • Buffalo New

    Launch New York will invest $50,000 in Graspie, a mobile engagement and learning platform aimed at the millennial workforce.

  • Buffalo Business First

    The 40-year-old Johnson, who also owns a local debt collection business, started developing DriverWatchdog because of concerns about her son getting a driver's license and high-profile incidents between African-American drivers and police officers. She has since received support from various local entities, including the Buffalo Urban League, Launch NY, and the University at Buffalo, and built a hardware product that attaches to a rear-view mirror, with two cameras that provide a panoramic view of the vehicle interior and exterior.

  • Buffalo Business First

    Christian Johnson founded DriverWatchdog several years ago because she wanted more information about her teenage son, who was just starting to drive. She has received support from around the region while building the company, including from the Buffalo Urban League, Launch NY, and the University at Buffalo. ACV Auctions co-founder Dan Magnuszewski is a mentor.

  • The Daily Gazette

    “I see increased interest in angel and seed investing on the ground in upstate New York,” she told me by email, ticking off efforts by groups like UpVentures in Little Falls, Launch NY in Buffalo, Hudson Valley Startup Fund in Rhinebeck and Eastern New York Angels in Albany.

  • The Buffalo News

    Launch New York, a venture funding and development program that aims to promote startup activity in upstate New York, has invested $110,000 in three Buffalo companies.

  • Buffalo Business First

    Three local startup companies have received investments from Launch NY, a nonprofit firm in Buffalo that helps establish early-stage deals and also provides mentorship.

  • The Buffalo News

    Get involved with your local business school and entrepreneurial organizations. UB, Launch NY and Z80 Labs have been instrumental to our progress and success. Most importantly to stay afloat, your venture will always cost more than you project, and it will take longer to raise money than you think, so start early.

  • Rochester City Newspaper

    In his first year of business, Szalinski had some early success selling his muesli to health food stores both locally and nationally. His story was picked up by National Public Radio, sparking what he says is still his biggest-ever day of sales. Since then, his business has continued to grow. In 2014, Muesli Fusion rebranded to become Evoke Healthy Foods — a move which Szalinski says leaves the door open for the brand to go beyond muesli. And the business has received outside investment, including $50,000 from Buffalo-based venture development organization Launch NY.

2017

  • Buffalo Business First

    Gone are the days when a fragile startup ecosystem relied on one or two funding sources to support most of its deals. Part of that has to do with a much more robust system of private angels looking to support local startups – for example, the number of accredited investors who belong to the Buffalo Angels investment network has grown from 28 to 69 since 2014 – and part of it has to do with more formalized efforts. Launch NY’s seed fund – raised from philanthropic donors – is having a major impact helping seed stage companies get their first funding, which is designed to prepare them for larger rounds going forward.

  • University at Buffalo

    “It’s challenging to start a new life sciences company. But with the support of local startup programs like Panasci, UB Incubators and Launch NY, companies like POP BIO are finding success in Buffalo,” Smyth says.

  • WBFO

    Where do you go if you've got a great idea for a new product or business but need advice on how to get started? And how to fund your dream? A local organization is giving entrepreneurs across the region a leg up.

  • Buffalo Business First

    Patient Pattern has closed an additional $105,000 in seed funding from Buffalo Angels, in addition to the $100,000 previously raised that included Launch NY and Ben Sayers.

  • Cornell University

    Farther Farms, a sustainable food processing company founded by Mike Annunziata ‘11, MBA ‘17 and Vipul Saran, MPS ‘17, has received a $25,000 investment from Launch New York (Launch NY), a venture development organization promoting economic growth in western New York.

  • Buffalo Business First

    Rachel's Remedy has closed on about $300,000 from investors this year and is considering one more $100,000 injection of capital before closing out its seed round. The money comes mostly from existing investors such as Launch NY, Z80 Labs and a collection of private individuals, and is both convertible debt and equity.

  • Buffalo Business First

    Ten years ago, a Western New York company looking for money to support its growth had a limited set of local options. But over the past couple years, a steady drip of formal investment entities made their debut in Buffalo, slowly transforming the investment scene.

  • U.S. Department of the Treasury

    Launch NY was awarded for the FY 2017 CDFI Program round. The CDFI Fund awarded $171.1 million in Financial Assistance and Technical Assistance to 265 organizations in 46 states and the District of Columbia. The CDFI Program invests in and builds the capacity of CDFIs to serve low-income people and communities lacking adequate access to affordable financial products and services

  • Buffalo Business First

    Since that time, it has become an extremely active funding source in a region that has always lacked early-stage money, investing about $625,000 in 14 companies. In Buffalo, those include Abcombi Biosciences, Accutheranostics, Buffalo Automation, Rachel's Remedy and Patient Pattern.

  • Buffalo Business First

    A Buffalo-based medical technology startup has raised $100,000 in seed funding to accelerate the adoption of its software across the United States.

  • Buffalo Business First

    Walk down the digital stairs, take a left at the pixel painting and pop by your co-worker's virtual desk for a quick video chat.

  • The Daily News

    “We’re the only women-owned ostomy device company in the world, first true innovation for ostomy patients,” Carrubba said. “And we’re right from western New York, manufactured in New York and made in the U.S.A. It’s a product that will improve the qualify of life for five million people globally.”

  • Rochester Business Journal

    Launch New York has been awarded $100,000 from the M&T Charitable Foundation. Launch NY aids entrepreneurs through one-on-one pro bono support before, during and after they receive investment capital. The grant promotes potential high-growth entrepreneurs in Upstate New York through seed funding and pro bono business mentoring programs.

  • University at Buffalo

    Twenty-four of the best and brightest regional companies have been selected to participate in UB's Bright Buffalo Niagara Entrepreneur Expo June 28 at the Hotel Henry.

  • Buffalo Business First

    A collection of local partners are backing a new magazine dedicated to entrepreneurs across Western and Central New York.

  • The Buffalo News

    A Buffalo startup that makes comfort pads for breastfeeding moms has teamed up with one of the biggest names in baby products.

  • 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.

  • University at Buffalo

    BUFFALO, N.Y. — A team led by a UB doctoral student took first place on April 12 in the University at Buffalo’s Henry A. Panasci Jr. Technology Entrepreneurship Competition (Panasci TEC) for a technology that generates hydrogen gas from water. Judges included Launch NY President and CEO, Marnie LaVigne, Ph.D.

  • Buffalo Business First

    3AM Innovations is developing a system that helps fire departments track personnel during emergency situations, replacing the decidedly old-fashioned way most departments operate.

  • Buffalo Business First

    Launch NY President and CEO, Marnie LaVigne, Ph.D., was named to Buffalo Business Firsts 2017 Power 250.

  • Buffalo Business First

    The company’s model would involve cancer doctors sending tumor data to its lab in Buffalo, where it would be analyzed. Accutheranostics expects to hear in the coming months whether it has received New York state licensing, which would qualify it to sell service nationwide.

  • The Batavian

    For a woman founder, statistically speaking at least, the odds of getting that early-stage seed backing is even higher. About 3 percent of all venture-backed companies are headed by female founders. That makes Batavia's Georgann Carrubba pretty unique. She now has access to $200,000 in seed funding through Launch NY and Excell Partners.

  • WBTA

    “This investment is exciting for many reasons not the least of which is that TenCar was founded by a nurse that saw an existing quality of life problem for ostomy patients and decided to invent a new product, ‘The Choice Cap System’,” said Marnie LaVigne, President and CEO of Launch NY. “Working with TenCar over the past two years illustrates the power of our venture development organization model that provides both mentoring and seed funding to accelerate market entry and growth.”

  • The Daily News

    BATAVIA — With a $100,000 investment announced Monday, TenCar founder Georgann Carrubba says the Choice Cap ostomy prosthetic appliance will be in production later this year.

  • The Daily News

    “We are pleased to be part of driving the renaissance in the region, which is bringing together new businesses that are building and growing in tandem with the existing community, to drive future jobs and prosperity for all citizens,” stated Janet Day, Robert Kresse, and Thomas Lunt, trustees of The Margaret L. Wendt Foundation.

  • Buffalo Business First

    The investments – styled as debt that will eventually turn into equity – marked the conclusion of the Critical Path accelerator program, conducted with Launch NY, the University at Buffalo, Invest Buffalo Niagara and the Western New York Incubator Network. It's part of the broader VilCap Communities initiative, sponsored by Steve Case's Rise of the Rest tour. Rise of the Rest named Buffalo a VilCap community after Case's visit to the region in fall 2015.

  • The Buffalo News

    Two Buffalo-based startups have won $50,000 each through an accelerator program that provides venture capital, networking and mentoring services to promising life-sciences companies.

  • Buffalo Business First

    Following is Business First's annual listing of companies to watch in 2017, chosen unscientifically among various startups with big decisions, growth milestones and financing events ahead of them.

2016

2015

  • The Buffalo News

    After Black Friday and Cyber Monday, philanthropy gets its turn with Giving Tuesday. Several local charities and nonprofits are participating, including Launch NY. Today donations to our crowdfunding campaign at givegab.com can be made free of website surcharges.

  • Buffalo Business First

    Launch NY has pulled in about $35,000 in online contributions in the past month – money that will be used to back scalable early-stage companies from Buffalo to Albany. The Buffalo-based organization's crowdfunding campaign aims to raise at least $100,000 by Dec. 4 and represents a piece of its overall $5 million nonprofit seed fund.

  • Buffalo News

    On Sept. 30, Steve Case’s Best of the Rest bus tour will arrive in Buffalo. This is a significant achievement for the emerging entrepreneurial ecosystem that locals have been feeding and nurturing for the last decade.

  • Cornell Chronicle

    Three student teams took home prizes April 16-17 in contests held during Entrepreneurship at Cornell’s Celebration conference, while another 10 teams presented their final pitches at eLab’s Demo Day.

  • Buffalo Business First

    Launch NY expects to start making investments into start-up companies in Western and Central New York in the first few months of 2016.

  • 43North

    BUFFALO, NEW YORK — Buffalo is a city on the rise for entrepreneurship. This spring, startup companies from Buffalo will go head-to-head with entrepreneurs from six other cities to prove it.

  • Digital Journal

    Launch NY is giving Upstate NY expats, returning for the holidays, an opportunity to take part in the continued growth of the startup community. This year they will have a chance to get involved through Giving Tuesday donations, to support a new seed fund helping area startup companies at the critical proof-of-concept stage.

  • Buffalo Business First

    David Colligan, founding director and current chair of the Launch NY Board of Directors, was appointed to the Ralph C. Wilson Jr Foundation Board of Trustees. The foundation was created after the passing of the former Buffalo Bill’s owner, liquidating assets to create the $1.2 billion foundation to be distributed over a 20 year period. The goal of the foundation, the largest in the Upstate NY region, is to enhance the lives of the community members in Greater Buffalo and Southeast Michigan through sustained investment. The announcement comes at an exciting time when Launch NY is in the midst of a crowdfunding venture philanthropy campaign for its new nonprofit seed fund https://www.givegab.com/nonprofits/launch-ny/campaigns/launch-ny that is reaching out across Upstate NY, as well as to expatriates around the country.

  • Democrat & Chronicle

    Feeling particularly philanthropic? Launch NY wants you to give to Rochester area startups, particularly if you're a Finger Lakes native.

  • Buffalo Rising

    Launch NY is asking the community to step up to help fund regional start-ups, by making monetary donations so that the young companies have access to the resources that they need to make a go of it. In turn, these start-ups will help to fuel the economic growth of Western New York. Only recently has this region begun to recognize the impact that these high growth, high impact companies can have in both the short term and long term.

  • The Buffalo News

    Launch NY has raised more than $26,500 in a crowdfunding campaign that will go toward an investment fund to help finance startup businesses across the state.

  • The Buffalo News

    Entrepreneurs working with Launch NY have access to business, ...

  • Huffington Post

    In Buffalo, we saw the power of a community that believes in a comeback, and the transformative effect a positive attitude can have.

  • Daily Camera

    The Boulder-based Innovation Center of the Rockies (ICR), is expanding its incubator program eastward with a recent $500,000 grant from the U.S. Economic Development Administration. The grant - awarded to ICR along with co-applicant Buffalo, NY-based Launch NY - aims to match ICR's advisers with Launch NY's young corporate clients.

  • Dan Miner, Reporter. Buffalo Business First

    If you're looking to provide financial backing ...

2014

  • Financial Times

    Marnie LaVigne, chief executive of Launch NY, a not-for-profit body providing support to early-stage ventures: “Entrepreneurs can really enjoy working and playing at the same time.”

  • Buffalo Business First

    Marnie LaVigne, one of the University at Buffalo’s most recognizable faces in the area of economic development, is leaving the university to spearhead a nonprofit she helped found.

  • University at Buffalo

    BUFFALO, N.Y. - The University at Buffalo and Launch NY announce the debut of a new website connecting current and would-be entrepreneurs to upstate New York resources that offer assistance in starting, growing and managing a business.

2013