Innovate NY Fund
Closed for now
Empire State Development directs interested companies to the New York State Innovation Venture Capital Fund as the successor vehicle.
A $45.9 million seed fund ($35.6m from the US Department of the Treasury under SSBCI 1.0 plus $10.3m from Goldman Sachs), deployed through selected fund managers into 81 New York companies.
Empire State Development
public · regional
Deadline: closed — The funds have been fully deployed and are no longer actively investing.
This funder does not publish a success rate. We rank it using the rate observed across similar programmes and label it as an estimate rather than implying we know.
Quick — mostly identity and bank details.
Who can apply
- small enterprises
- Sectors: deeptech, health
- Stage: seed
- Locally registered entity required
Historic programme; retained for reference. New York seed-stage companies should apply to New York Ventures instead.
Source. https://esd.ny.gov/innovate-ny-fund — checked 2026-08-14
"The funds have been fully deployed and are no longer actively investing."