Pre-seed and Seed Matching Fund
$30 million fund for investing in venture backable start-ups at the early stages of their development
New York Ventures
New York State's Venture Capital Arm
Investing in diverse entrepreneurs, fund managers, and accelerators to fuel New York’s innovation ecosystem
New York Ventures supports high-growth companies and their partners to use technology to solve important challenges in areas of strategic interest and importance. We actively look to provide greater access to venture capital for regions, industries and individuals, including women and minority entrepreneurs and fund managers. Our goal is to build a robust startup ecosystem across New York State, leveraging public and private sector assets.
New York Ventures is actively deploying over $300 million of capital through equity programs for both direct and indirect investment. In 2022, New York was awarded funds via the U.S. Department of Treasury State Small Business Credit Initiative, which helps us to support our several programs.
Venture Capital Program Funds
NYS Innovation Venture Capital Fund
$135+ million fund for investing in venture-backable startups from Seed through Series B
Emerging and Regional Partner Fund
$102 million fund for investing in diverse and emerging venture fund managers or managers who invest in undercapitalized regions in NYS
Community and Regional Partner Fund
$52 million fund for investing in venture fund managers who operate or partner with mentor-based programs like accelerators
IMPACT
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122 companies
45% located outside of New York City
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$106M+
invested by NYS, matched by $715M+ from the private sector
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71%
portfolio companies started and/or led by women, minorities or veterans
Team
The New York Ventures team has extensive experience as investors and entrepreneurs, with offices in New York City, the Southern Tier, Western NY and the Capital Region. In addition, we regularly collaborate with our partners within the Small Business and Technology Development Division who help entrepreneurs at all stages of growth and development.
Jennifer Tegan - Managing Director
Silvia Garcia Codony - Assistant Vice President
Karan Mehta - Senior Director
Ryoko Nozawa - Senior Director
Josh Nelson - Director
Zack Pecenak - Director
Bryanna Samuels - Director
Audrey Chisholm - Assistant Director
Elaine Chen - Operations Associate
Thomas Halpin - Project Associate
Interested in being considered for investment?
Send us your investment presentation for review.
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Our Division of Small Business and Technology Development is a hub of programs and services designed to help your business grow and succeed.