2017

  • With partners the City of Buffalo, Excelsior Growth Fund, M&T Bank, PathStone, New York State Energy Research and Development Authority (NYSERDA), John R. Oishei Foundation, and Westminster Economic Development Initiative (WEDI) May 24, 2017BUFFALO, May 24, 2017– Issue Media Group, in partnership with Launch NY, announced the launch of Upstart NY, a new digital magazine […]

  • Launch NY announced that in its first year, the organization has committed a total of $447,500 in Upstate New York’s most promising companies. With over 40 applications to date, Launch NY is continuing its raise to fully capitalize the fund at $5MM to meet this significant demand of early seed stage capital needed in the region.

  • 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.

  • Launch NY announced that it received the prestigious designation of Community Development Financial Institution (CDFI) from U.S. Department of the Treasury’s Community Development Financial Institutions Fund on March 7. CDFI Certification is a designation given by the CDFI Fund to specialized organizations that deliver financial solutions in economically underserved areas.

  • Excell Partners and Launch NY make $100,000 investment in local medical device start-up company January 30, 2017BATAVIA, NEW YORK – TenCar, a women-owned medical devices and equipment company founded by Batavia native Georgann Carrubba, RN, today announced a new round of seed funding to continue building customer feedback and anticipated pilot production in 2017 for […]

  • Launch NY announced that it will again receive support from the Margaret L. Wendt Foundation as part of its latest round of public-private awards that include the U.S. Department of Commerce, Economic Development Administration and the Ralph C. Wilson Jr. Foundation. The award, totaling $50,000 will fuel scale up of the Launch NY Seed Fund that was introduced in 2016 to provide hard-to-find seed funding to the most promising high-growth startups.

  • Eight Promising Life Sciences Company Startups Competed Using Unique Peer Selection Process January 12, 2017Upstate New York, January 12, 2017 – Launch NY, the first and only venture development organization (VDO) focused on making the 27 counties of Upstate New York a thriving hub of innovative start-up business activity, today awarded two $50,000 investments as […]

  • The companies will peer select the winners through a process developed by Village Capital, an organization that finds, trains and invests in entrepreneurs solving real-world problems. The $50,000 investments come from the Launch NY Seed Fund.

2016

  • December 19, 2016Upstate New York, December 19, 2016 – Launch New York, Upstate New York’s first and only venture development organization (VDO) focused on making the 27 counties of Upstate a thriving hub of start-up business activity, today announced its second round of seed fund investments. The beneficiaries are two Upstate New York companies, Buffalo […]

  • Launch NY today announced that, in partnership with CenterState CEO’s Tech Garden in Syracuse, it is one of eight nationwide recipients of federal funding to support seed and stage capital funds via the Economic Development Administration’s prestigious Regional Innovation Strategies (RIS) awards. Recently announced by the U.S. Secretary of Commerce, the $245,460 award for a “Mentorship-Driven Seed Fund” initiative was the only award in the northeast from the EDA RIS Seed Fund Support Grant program.

  • Upstate New York, November 14, 2016 – Launch New York, Upstate New York’s first and only venture development organization (VDO) focused on making the 27 counties of Upstate a thriving hub of start-up business activity, today announced that Buffalo and Rochester have been chosen as one of only three regions in the US to undergo a unique entrepreneurship ecosystem mapping assessment.

  • Launch NY President & CEO, Marnie LaVigne was named Ecosystem Champion at the 2016 Venture Ecosystem Awards hosted by Upstate Venture Connect.

  • BUFFALO, N.Y. — The University at Buffalo in collaboration with Launch NY, Invest Buffalo Niagara and the Western New York Incubator Network, has selected 11 companies to participate in Critical Path, a new life sciences program that provides world-class mentoring, networking and venture capital to startups.

  • Companies in WNY, CNY, Finger Lakes and Southern Tier eligible for peer-selection entrepreneurship program spawned by Steve Case’ Rise of the Rest Tour

  • July 18, 2016Upstate New York, July 18, 2016 – Launch New York, Upstate New York’s first and only venture development organization (VDO), focused on making the 27 counties of Upstate a thriving hub of start-up business activity, today announced it has been awarded a $2.5M grant from the Ralph C. Wilson, Jr. Foundation. The largest […]

  • NYSEG and RG&E, subsidiaries of AVANGRID, have awarded two economic development outreach grants totaling $100,000 to Launch NY to fuel the implementation of Launch NY’s new seed fund.

  • Launch NY today announced that it has received a $10,000 charitable grant from The First Niagara Foundation.

  • Launch NY Seed Fund LLC makes first investment.

  • March 11, 2016Buffalo, New York, March 8, 2016– The Erie County Industrial Development Agency (ECIDA) Board of Directors has approved the third and final $100,000 installment of its $300,000, three-year support commitment to Launch New York (Launch NY), ensuring funding for entrepreneurial development programs and services in Erie County in 2016. ECIDA Completes $300000 Commitment to […]

  • Village Capital, a leader in global entrepreneur support and startup investment, today announced the creation of VilCap Communities, a program to help regions often underserved by the mainstream investment capital across the U.S. find, train and invest in startups using Village Capital’s peer selection methodology, which levels the playing field for entrepreneurs, and a national network of resources.

  • Launch NY has elected George Chamoun to succeed David Colligan as board chairman.

2015

2014