Innovate NY Fund

Innovate NY Fund Program

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About

About

The Innovate NY Fund was a fund-of-funds designed to provide investment capital to managers across the state to invest in seed-stage businesses supporting innovation, job creation and high-growth entrepreneurship throughout New York State (“NYS”).  The program was supported by a grant of $35.6 million from US Department of Treasury and $10.3 million from Goldman Sachs.

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Overview

Overview

The Innovate NY Fund competitively selected seven fund managers to make seed-stage investments across the state. 

From the time of its launch in December 2012, the Innovate NY Fund made investments in 81 NYS companies. The Fund's capital was matched with over $323 million in private sector investment funding and led to the creation and retention of 2,250 jobs for NYS.

Participating Investment Entities:
Cayuga Ventures
Excell Partners
ff Venture Capital
Golden Seeds
Partnership Fund for New York City
SCP Incubators / Z80 Labs
Stonehenge Growth Equity Partners

Additional Information

The funds have been fully deployed and are no longer actively investing.

Check to see if you are eligible for our other investment fund:

Contact Information

Sharon Rutter
Sr. Director 
[email protected]