2018

  • 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.

  • Launch NY has received two grants from New York State Electric & Gas (NYSEG) and Rochester Gas and Electric (RG&E), subsidiaries of AVANGRID, Inc. (NYSE: AGR), totaling $150,000. The grants will “fuel” new resources by building upon existing business mentoring programs in Launch NY’s Emerging Cleantech Opportunity (ECO) Incubator.

  • In just two years of earning eligibility, Launch New York (Launch NY), Upstate New York’s first and only venture development organization to help provide pro bono mentoring and capital access to high-growth potential startup businesses across the 27 westernmost counties of the state, has announced it is the recipient of another grant, this one totaling $168,000 from the U.S. Department of the Treasury’s Community Development Financial Institution (CDFI) Fund, a federal program aimed at increasing lending and investment activity in low-income and economically distressed areas across the nation.

  • Launch NY has received a new $200,000 grant from The John R. Oishei Foundation, whose prior awards of $838,000 starting in 2012 fueled the creation and growth of Launch NY to serve over 800 companies with pro bono mentorship as one of the most active sources of seed funding in Upstate NY.

  • National Grid will contribute up to $250,000 to help Launch NY provide mentoring to cleantech startups and early-stage companies in a variety of areas that include product development, intellectual property, market research, and funding. This grant builds upon support Launch NY received earlier this year from the New York State Energy Research and Development Authority (NYSERDA), New York State’s energy innovation agency, to operate the ECO Incubator and expand entrepreneurs’ access to resources aimed at accelerating their new clean energy ventures.

  • When 43 North announced the semifinalists for the 2018 business competition last week, the leadership team at Launch New York (Launch NY) was gratified to see many familiar names from its client list. In fact, the vast majority of Western New York companies that made it to the penultimate round – specifically 11 of them –  are working with Launch NY as the first and only venture development organization to provide pro bono mentoring and seed funding to startup businesses across 27 counties in the westernmost part of the state.

  • The vote is in: after a collaborative design process between the Buffalo Center for Arts and Technology (BCAT) and FIFTEEN, a local advertising agency, Launch New York (Launch NY) has revealed the final logo for the Emerging Cleantech Opportunity (ECO) Incubator, one of six incubators supported by the New York State Energy Research and Development Authority (NYSERDA).

  • Buffalo, New York, June 7, 2018 – Launch New York (Launch NY), Upstate New York’s first and only venture development organization to provide pro bono mentoring and capital access to high-growth potential startup businesses across the 27 westernmost counties of New York State, will partner with the Buffalo Niagara Medical Campus (BNMC) on its recently announced Emerging Cleantech Opportunity (ECO) incubator. Paul Tyno, who serves as BNMC’s strategic advisor for Energy Initiatives, has been named by Launch NY as Program Director for the incubator.

  • May 30, 2018Albany, N.Y. – Marnie LaVigne, Ph.D., president and CEO of Launch NY, a nonprofit venture development organization and Community Development Financial Institution (CDFI) serving 27 counties in Upstate New York, was elected to serve a two-year term as chair of the New York State Economic Development Council (NYSEDC) at its 2018 annual meeting […]

  • Launch NY is recognized through a four-year, $1.5 million award as a leader in driving innovation through entrepreneurship May 30, 2018Upstate New York, May 30, 2018 – Launch New York (Launch NY), Upstate New York’s first and only venture development organization to provide pro bono mentoring and capital access to high-growth potential startup businesses across […]

  • Regional mapping shows lack of connectivity among experienced entrepreneurs, sets the stage for new entrepreneurs’ top concerns regarding lack of capital and talent March 27, 2018Upstate New York, March 27, 2018 – Launch New York (Launch NY), Upstate New York’s first and only venture development organization (VDO) to provide pro bono mentoring and capital access […]

  • Launch NY today announced it will invest $50,000 in Buffalo based, GRASPIE™, in part supported by a recent 3-year funding commitment by Viaduct, a startup business focused subsidiary of Williamsville-based Aleron, (formerly Superior Group), a premier provider of workforce and outsourcing solutions around the globe.

  • Launch NY today announced six new investments. Since 2016, the organization has invested a total of $925,000, in over 20 of Upstate New York’s most promising companies to become the most active seed fund in Upstate New York

  • Launch New York appointed Jennifer A. Beckage, Partner with Phillips Lytle LLP, to its Board of Directors.

2017

  • Launch NY today announced that they have invested in seven additional promising startups bringing its portfolio to 17 companies and $667,500 in funding since March 2016. The Launch NY Seed Fund, a nonprofit fund fueled by grants and donations, has continued to grow since its inception and most recently increased its funding capacity through over $300,000 in awards from the US Treasury Department and Viaduct.   

  • Schumer, Gillibrand: Federal Investment Will Support Innovation For Area Entrepreneurs in Upstate New York September 22, 2017Buffalo, NY – U.S. Senate Minority Leader Charles E. Schumer and U.S Senator Kirsten Gillibrand today announced $168,000 in federal funding for Launch NY. The funding was allocated through the U.S. Department of the Treasury’s Community Development Financial Institutions […]

  • Congressman Brian Higgins (NY-26) announced federal grants totaling $356,000 to support the growth of small businesses and jobs in Western New York.  The federal funding is allocated through the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund).  The mission of the CDFI program is to increase economic opportunity and community development for underserved populations in distressed communities. 

  • Launch NY announced it was awarded $150,000 by NYSEG & RGE for new program development for both management and product development.

  • Upstate New York, September 07, 2017 – Launch New York (Launch NY), a venture development organization (VDO) committed to supporting the success of high-growth potential startups most likely to make significant economic impact in Upstate New York, today announced it has teamed up with successful entrepreneur, Benjamin P. Sayers, founder and former CEO of VoIP Supply, to co-invest $100,000 in Patient Pattern, a Buffalo based health technology startup.   

  • Launch New York (Launch NY) announced today that it received a $150,000 contribution from Viaduct to bolster their successful track record for identifying and investing in high-growth, high-impact companies throughout Upstate New York.

  • “This co-investment is yet another example of how our collaborative work with key partners like CenterState CEO fuels Upstate New York’s most promising companies with early funding more effectively, while paving the way to raise future capital,” said Marnie LaVigne, President and CEO of Launch NY.

  • Buffalo, July 10, 2017 –The M&T Charitable Foundation has awarded Launch New York (Launch NY) a $100,000 grant to fuel high-growth potential entrepreneurs in Upstate New York through pro bono business mentoring programs and seed funding.

  • 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