Pre-Seed and Seed Matching Fund Program for Startups | $50,000-$250,000
Who: Must have a company with a focus on technology, company must create economic impact in NYS
Deadline: On-going
NY Ventures, the state’s venture capital arm for innovative, expanding businesses, supports early-stage technology and start-up companies through the Pre-Seed and Seed Matching Fund Program (NYVPSSF). The Program offers early-stage businesses equity investments from $50,000 up to $250,000 with matching from the private sector (there must be at least $1 of qualified private sector investment for every $1 NY Ventures invests).
Through the Pre-Seed and Seed Matching Fund Program, we are focused on expanding access to venture capital across New York State, particularly for underserved geographies and socially and economically disadvantaged individuals.
Evaluation Criteria | Fund Program for Startups
All applicants must meet the following criteria:
Pre-seed or seed-stage companies in a range of industries, with a particular focus across all technology markets. An example of some of our focus areas, include:Â Â Â
Advanced ManufacturingÂ
Agricultural TechÂ
Climate and Energy TechÂ
Consumer Tech
Data/SaaS/AI
Deep Tech
FinTech Â
Healthcare Â
Life Sciences and BioTechÂ
Medical Devices
Note: this is not an exhaustive list of industries we support
Company has raised $2M or less of dilutive funding prior to current round
Focus on expanding access to venture capital across New York State, particularly for underserved geographies and historically marginalized individuals and companies
Company must be registered to do business in New York and in good standing
Company must raise matching funds from qualified private sector investors
Grantee Obligations
Please visit the grant website to review the details, rules, and specifications.
Benefits
Each recipient of the Pre-Seed and Seed Matching Fund Program for Startups will receive equity investments ranging from $50,000 up $250,000 along with tools and key introductions needed to help companies reach the next level.
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