September 18, 2017
Launch NY Newsletter – September 2017
Launch NY
| Launch NY News & Updates | Upcoming Events |
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Viaduct’s Commitment to Startup Success Leads to Launch NY Seed Fund Contribution Launch NY announced this month that Viaduct has contributed $150,000 to the Launch NY Seed Fund. This contribution to Launch NY, one of Upstate NY’s most active seed-stage investors, will increase the number of promising startups receiving funding.
Read the full story in our press release. Viaduct’s contribution is a great example of how together we can all play a role in lifting up our region. You too can contribute to the early success of our local startups by donating to the Launch NY Seed Fund. NYSEG & RGE Renew Support for Launch NY Launch NY recently announced it was awarded two grants, totaling $150,000 from New York State Electric & Gas (NYSEG) “Our new award recognizes Launch NY’s proven track record in helping entrepreneurs Read more on the new awards in our press release. Launch NY and Local Entrepreneur Co-Invest $100,000 in Patient Pattern Patient Pattern, whose goal is to solve the pain points in caring for the aging population, is the latest to join 11 other Launch NY Seed Fund portfolio companies from across Upstate NY. The Buffalo based health IT startup received a co-investment from Launch NY and Ben Sayers, founder of VOIP Supply, to ramp up their national expansion plans and hire key talent. Read more on our latest investment in our press release. Did you know that over half of our seed fund investments include one or more co-investors? If you are interested in co-investment opportunities please contact our COO and Fund Manager, Lindsay Stencel, at lstencel@launchny.org. Entrepreneurs from across our region are not only contributing to local economic development they are also supporting the next generation of startups. Hear from several inspiring entrepreneurs including; Elisa Miller Out (Chloe Capital), Ben Reilley (Life of Reilley Distilling), Dan Maguszewski (ACV Auctions & Launch NY), Johan Klarin (Viaduct) and more, on September 20th at noon, during the #LaunchHour TwitterChat!
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September 20, 2017 #LaunchHour TwitterChat: Entrepreneurs Paying it Forward 12:00 – 1:00 PM September 19, 2017 September 26, 2017 September 28, 2017 September 28, 2017 September 29, 2017 September 29 – October 1, 2017 October 2, 2017 October 5, 2017 |
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| Startup Spotlight | |
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Farther Farms is Extending the Life of Your Produce Farther Farms is working to transform food processing with an innovative technology developed in Cornell’s Food Science department. The patented technology can extend the shelf life of fresh produce by months without using preservatives, chemicals, freezing, or refrigeration. By harnessing a unique “Working with our mentors and supporters at Launch NY has given us the professional guidance needed to push forward in this challenging endeavor. We’re seeking to make big changes in a highly competitive industry, and the local and regional support we’ve received thus far has been nothing short of extraordinary.” – Mike Annunziata, CEO Farther Farms Congratulations to the 43North Finalists Congratulations to this year’s 43North Finalists! Be sure to register for the final live pitch event on October 5th in Buffalo, NY, where 1 company will claim the $1 Million top prize. Congratulations as well to the more than 10 Launch NY client companies who were named 43North semi-finalists out of hundreds of applications, including, 3AM Innovations, EagleHawk One, Engio, MemoryFox, Patient Pattern, Peeva, POP Biotechnologies, Rachel’s Remedy, TenCar, Thimble, and Walkabout Collaborative. |
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| #LaunchHour TwitterChat Tips | Launch NY Resources |
| LaunchHour TwitterChats are monthly virtual chats featuring important topics for startups and entrepreneurs. Join us monthly to hear from industry experts on our panel. If you missed us you can view our past TwitterChats in our archive and checkout some great tips from previous months below!
August 16, 2017 View the whole chat Here. Q2. What do you think are the most import aspects of a thriving entrepreneurial ecosystem?
Q11. How can people stay up to date on your publication, organization, or company?
Find more great #LaunchHour TwitterChats tips in our archive! Join us for our next #LaunchHour TwitterChat September 20, 2017! |
Upstate NY Resource Network Check it out here > Upstate NY Rainforest Canvas Study 5 Business Stages – Where are you? Each stage contains critical deliverables for moving forward. Starting with the Explore stage, see where you are on the path to success. Entrepreneur Toolkit Is Launch NY a fit for you? |
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| Entrepreneur-in-Residence (EIR) Introduction | |
| Meet Manoj Pooleery
“It has been fascinating to work with some really unique ventures at Launch NY. The entrepreneurs have been hungry to forge ahead and while helping them navigate the challenges of the entrepreneurial world, it also provided me some good learning opportunities,” said Manoj Pooleery, on his work as a Launch NY EIR. Manoj is a strong believer in practicing what gets preached, he is perfecting the art of practice as the Founder and CEO of M-Phi Innovators, a specialized technology services company that provides full range of innovation services to businesses. He provides end-to-end technology and business strategy definition and implementation to both startups and established businesses. He has helped many companies get started, out of the Columbia Business School as well as outside. Manoj’s unique blend of deep technology skills and management capabilities positions him well to make his clients successful. In addition to guest lecturing at Columbia, Manoj speaks frequently at both management as well as technology courses, both within and outside U.S. He has a Masters in Technology Management from Columbia University, Masters in Computer Applications and a Bachelors in Physics from Calicut University, India. Read more about Manoj and our other EIRs on our website. |
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“Our contribution aims to help Launch NY become a stronger force in providing the region’s best startups with vital seed capital,” adds Viaduct’s founder, Scott Stenclik.
and Rochester Gas and Electric (RG&E) to fuel new management and product development programs for high-growth startups supported by Launch NY pro-bono mentoring programs.
address the greatest challenges in growing their new enterprises through their superior mentoring program combined with seed capital,” said Joe Rizzo, manager, Economic Development, NYSEG and RG&E.
application of high pressure and moderate temperature, our technique seeks to become the most sustainable food processing option available, reducing food waste, curtailing energy expenditure, and expanding access to nutrition. With wide ranging applications throughout the food industry, Farther Farms begins its journey with the Natural Cuts French Fry – a fresh-cut, never-frozen French fry – targeted for sale to the foodservice sector.