Federal Investment Will Support Entrepreneurs, Promote New Businesses, and Encourage Job Creation Throughout Upstate New York December 13, 2018Washington, DC – U.S. Senate Minority Leader Charles E. Schumer and U.S. Senator Kirsten Gillibrand today announced $300,000 in federal funding for Launch NY in Buffalo. The funding was provided by the federal Economic Development Administration’s Regional Innovation […]
The grant will support a new Investor Network to increase access to equity capital in Upstate NY, building on the success of Launch NY’s Seed Fund, a nonprofit fund that started in 2016 and uses grants and donations to invest in startup companies with amounts ranging from $25,000 to $100,000.
Niagara Frontier Publications
University at Buffalo
All of these initiatives were launched in the past five years or so, complementing efforts by regional partners such as Launch NY and 43North, the $1 million startup competition that has raised the profile of Buffalo Niagara’s startup economy nationwide.