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Pre-Seed and Seed Matching Fund

Pre-Seed and Seed Matching Fund

Invests in early-stage New York technology startups with private matching capital from New York Ventures.

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

The Pre-Seed and Seed Matching Fund Program (NYVPSSF) is administered by New York Ventures, the venture capital arm of Empire State Development, using $40 million in federal State Small Business Credit Initiative (SSBCI) capital. The program provides equity investments of $50,000 to $250,000 to early-stage technology startups headquartered in New York State. Every dollar of state investment must b…

Equity co-investments of $50,000–$250,000, matched 1:1 with qualified private capital, for pre-seed and seed-stage technology startups headquartered in New York State.

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.100%
Funding pooliThe total budget available across all awards in this round.$40M

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