New York State Innovation Venture Capital Fund

The New York State Innovation Venture Capital ("NYSIVC Fund") is a seed and early-stage venture capital fund with $100 million to support and attract new high-growth businesses. The NYSIVC Fund provides critical funding to promote the commercialization of new technologies, incentivize economic growth, and encourage job creation across New York State ("NYS").

NYSIVC Fund Highlights:

  • The NYSIVC Fund invests directly in seed and/or early-stage companies with an emphasis on strategic industries such as information technology, life sciences/biotech, and relatively underserved regions of the State with investments ranging from $100,000 to as much as $5 million.  All direct investments by the NYSIVC Fund require at least a 2:1 match from private sources at the time of investment.

  • The Fund also invests through a fund-of-funds structure in the commercialization of new technologies emerging from universities and research labs across NYS with individual investments of up to $100,000.  All technology commercialization investments by the NYSIVC Fund require at least a 1:1 match from private sources at the time of investment. (A list along with contact information of selected investment entities will be forthcoming)

Company Eligibility Requirements:

Seed and early-stage small businesses may be eligible for investment funds if they are:

  • Located in, or agree in writing to be located in NYS and have the potential to generate additional economic activity in the State, and,

  • In an emerging technology field and are achieving, or have the potential to achieve, technological advances and innovation.

NYSIVC Fund's Industry Investment Focus:

  • Clean Technology, Electronics/Instrumentation, Healthcare Services, Industrial/Energy, Internet/Web Services, Media and Entertainment, Medical Devices/Equipment, Nanotechnology, Networking and Equipment, Security, Semiconductors, Software, Telecommunications

To apply for NYSIVC investment funds, please log onto  and submit your company information.

Please email all general questions to: