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Program

Innovate NY Fund

Supports a fully deployed New York venture capital program for teams and organisations building early-stage companies.

New York Ventures (Empire State Development)New YorkEquity

The Innovate NY Fund was a $45.9 million fund-of-funds launched in December 2012, using a $35.6 million US Department of Treasury grant and $10.3 million from Goldman Sachs. Seven fund managers were competitively selected to invest in seed-stage businesses across New York State. The fund invested in 81 companies, generating $323 million in private sector follow-on investment and creating 2,250 job…

Each grant below is a distinct funding opportunity with its own eligibility, scope, and deliverables.

Last verified: 31 May 2026Source: esd.ny.gov