Entrepreneurs
Launch NY supports your journey with experienced mentors and proven methods to help you become investment ready.
#1
Most Active NYS Seed Fund
1,800+
Companies Mentored
110+
Companies Funded
$16.7M
Invested from InvestLocal Programs
We prepare founders of high-growth potential startups to become investment ready. With support from our Entrepreneurs-in-Residence (EIRs) who bring years of experience in industry, business, investment, and entrepreneurship, you work through the proven Business Model Canvas approach to prepare for investment capital from Launch NY and other funders.
We also provide you with access to our National Mentor Network, including over 400,000 subject matter experts to augment your EIR support.
How It Works
Tell us about your startup to determine if you are eligible for Launch NY support.
Once you’ve taken our eligibility survey to qualify for Launch NY support, you can complete our brief application.
We have reviewed your application, and now it’s time for you to meet our team. We’ll be in touch to schedule your next steps.
The Entrepreneurial Journey
What will you accomplish with Launch NY? For eligible startups, we host an intake meeting to get acquainted, then we connect you with an Entrepreneur-in-Residence to mentor you through the stages of the startup experience. With our guidance, you’ll be able to identify the critical milestones and action plan for your entrepreneurial journey.
Our assistance starts with your exploration. We’ll use the Business Model Canvas to help you define critical elements such as your target market and pathway to product-market fit.
At this stage, most founders have invested around $10K of their own funds or support from friends and family to begin developing their business. If your company involves intensive technology development, you may also have received grant funding to support research and development efforts.
Now’s the time to define your business model and advance your product. We’ll work with you to set priorities for product and business development.
At this stage, most founders require between $10K and $200K to establish the first phase of growth for their startup business, which is typically when Launch NY and angel investors are your go-to sources of capital.
This is your proof-of-concept phase. We’ll support you through vital steps that demonstrate the viability of your product and business model, while also supporting your fundraising efforts from Launch NY and other sources.
At this stage, your team has grown to include multiple people, you’re securing additional funding from external sources, and you’re typically beginning to generate revenue.
Your people, product, and plans are in place to take your product to full commercial launch. We’ll help you respond to market feedback, operational and technical needs, and strategic opportunities.
In this stage, your team is coming together to support your growth, and you've reached six figures in annual revenue as you pursue follow-on fundraising rounds with an ever-wider group of institutional investors, in addition to Launch NY.
You’re doing it! You’re delivering your product and generating serious revenue as you achieve product-market fit, while raising additional rounds of capital as you reach $1 million+ in annual revenue.
As you work with your management team and board to achieve your subsequent growth milestones, we’ll be here to support you in making helpful connections for growth and filling your subsequent fundraising rounds.
Explore the initiatives we’ve built to support founders, fuel innovation, and strengthen our region’s startup ecosystem.
Cleantech
Does your product or service address energy efficiency, resilience, or national security needs associated with the clean energy economy? Initially created with the support of the New York State Energy Research and Development Authority (NYSERDA), Launch NY’s Emerging Cleantech Opportunity (ECO) Incubator provides an extensive network of resources to cleantech startups.
Under-Resourced Founder Support
Founders Go Big (FGB) helps traditionally under-resourced entrepreneurs move from concept to capital by combining expert guidance, tailored support, and a strong peer community. The program equips founders with the tools and connections they need to attract investment and position their businesses for growth.
Get Started
Apply for access to mentorship, funding, and the tools to build your startup today.
Resource Navigator
Find practical, relevant resources to boost your business.
Building your business takes many resources, so explore these funding opportunities, programs and more.
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