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Emerging and Regional Partner Program Fund

Emerging and Regional Partner Program Fund

Backs emerging and regional fund managers by adding anchor commitments to funds focused on New York innovation.

Between cyclesNew York Ventures (Empire State Development)United StatesEligible in New York
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About

The Emerging and Regional Partner Program Fund deploys $102 million in federal State Small Business Credit Initiative (SSBCI) capital as LP commitments to diverse and emerging private-sector fund managers operating in or supporting New York State innovation businesses. The program's explicit goal is to develop the next generation of high-performing diverse and regional fund managers who can channe…

What this grant funds

LP commitments from $102M in SSBCI capital to diverse and regional emerging fund managers raising Fund I–III with a minimum of $8M in New York State.

Key facts
CycleiHow often this grant runs — e.g. annually, on a rolling basis, or a one-off call.Rolling
Next deadlineiThe next date applications are due. Rolling means you can apply any time.Rolling
Decision timeiTypical time from the deadline to the funder's decision.—
Project durationiHow long the funded work is expected to run.—
Award typeiThe form of funding — grant, equity, loan, tax credit, etc.Equity
Match fundingiThe share of project costs you must cover yourself. 0% = fully funded.0%
Funding pooliThe total budget available across all awards in this round.$102M
Funding analytics

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Industries

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Eligibility criteria

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Application process

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Last verified: 22 Jul 2026Source: esd.ny.gov