Empire State Development

New York Ventures meets the critical capital needs of New York State's innovation economy by providing seed and early-stage venture funding to high growth startups as they move from concept to commercialization, through early growth and expansion.

New York Ventures administers the State's innovation investment funds, which provide financial capital to early-stage, technology-based businesses, and include the following:

  1. New York State Innovation Venture Capital Fund: $100 million multi-stage fund

  2. Innovate NY Fund: $47 million seed-stage fund-of-funds

  3. Minority- and Women-Owned Business Investment Fund (MWBE): $2 million seed-stage fund

Program Goals:

  • Identify promising entrepreneurs and develop high-growth, technology-driven companies across NY state

  • Fill critical funding gaps in key, but underserved industries and regions

  • Support companies emerging from NY state universities, research labs, incubators, and accelerators

  • Fuel economic growth and job creation while generating competitive financial returns to sustain the program on a long-term basis

Click here for more information and how to apply.