Emerging and Regional Partner Program Fund
Supports SSBCI limited partner capital for diverse and regional emerging fund managers raising Fund III in New York.
The Emerging and Regional Partner Program Fund deploys $102 million in SSBCI capital as LP commitments to diverse and emerging private-sector fund managers. The program seeks to develop the next wave of high-performing diverse and regional fund managers operating within and supporting New York State innovation businesses. Eligible fund managers must be raising Fund I, II, or III and demonstrate the ability to raise a minimum of $8 million. NY Ventures' program dollars cannot exceed 25% of other committed capital in the fund. Target investment sectors for the underlying portfolio include life sciences, advanced manufacturing, and information technology.
Each grant below is a distinct funding opportunity with its own eligibility, scope, and deliverables.