Back to Funding DirectoryID: ny-innovation-venture-fund
State (NY)Equity MatchESD

New York State Innovation Venture Capital Fund

Empire State Development
Max Funding
Up to $3,000,000
Deadline
Rolling
Location
NY State

Program Summary & Scope

NYSIVCF is a $100M state-backed venture fund investing directly in high-growth New York startups. The fund co-invests alongside private lead institutional venture investors to accelerate technology commercialization.

Key Requirements & Eligibility Criteria

  • Company must be headquartered and maintain primary operations in New York State
  • Requires 2:1 private-to-public co-investment ratio from recognized VC partners
  • Focuses heavily on university technology spin-offs and regional innovation hubs

Eligible Startup Stages

SeedEarly Stage

Target Industries & Sectors

DeepTechBiotechAICleanTech