New York State has launched a Pre-Seed and Seed Matching Fund Program which will offer early-stage start-up companies in high-growth industries $50,000 to $250,000 in growth assistance, which they will match with funds from private sector co-investors.
The Program is managed through Empire State Development's NY Ventures, the state's venture capital arm, and will focus on Pre-Seed or Seed-stage companies across all technology markets including advanced manufacturing, agricultural tech, climate tech, consumer tech, data/SaaS/AI, fintech, healthcare, Life Sciences and BioTech, and medical devices.
To qualify, applicants must have raised less than $2 million of dilutive funding to date. All applicants must be registered to do business in New York State and agree to create economic impact in New York by having headquarters and at least one C-suite employee in New York State. For further eligibility specifics and to access the application, click here.
For information about the program, contact NewYorkVenturesPreSeed@esd.ny.gov