Launch NY Funds Another 7 Startup Companies on the Heels of Receiving Capital Awards from the US Treasury and Viaduct

Upstate New York, October 4, 2017 – Launch New York (Launch NY), 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 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.

Launch NY Funds Another 7 Startup Companies on the Heels of Receiving Capital Awards from the US Treasury and Viaduct