October 3, 2019

Launch NY September Newsletter

 

CleanFiber, Launch NY ECO Incubator Client, wins $250K at 76West

CleanFiber claimed a $250K Prize at the 76West Finals at Binghamton University.

CleanFiber, a Launch NY ECO Incubator Client, manufactures high-performance cellulose building insulation from recycled corrugated cardboard that is safer, cleaner, less expensive and performs better than fiberglass and conventional cellulose insulation.


Startup Spotlight: Launch NY Portfolio and Client Companies Have Strong Showing in Grow-NY

Congratulations to the Launch NY Portfolio and Client Companies who have make it to the Grow-NY Finals!

Grow-NY is an unprecedented food and agriculture business competition that identifies, supports, and funds the top food, beverage, and agriculture innovations across the globe. The competition joins the ranks of 76West, 43North, Luminate, Genius NY, and Luminate that includes a $1 million top prize, mentorship, training, business development support, and tax incentives.

Launch NY’s Grow-NY Finalists

Capro-X – Ithaca, NY
Halomine – Ithaca, NY
Re-Nuble – Rochester, NY
The Perfect Granola – Victor, NY

Register now to attend the Grow-NY Food & AG Summit on November 12 – 13th in Rochester, NY


Click to Tweet to Congratulate the Companies!


Congratulations to Lindsay Karas Stencel, 2019 Community Catalyst


Marnie LaVigne, President and CEO, and Lindsay Karas Stencel, COO and Fund Manager, pictured with UVC’s leadership, award winners and keynote speaker, Chris Yeh (investor, author, and entrepreneur).Congratulations to Lindsay Karas Stencel, Chief Operating Officer and Fund Manager at Launch NY who was honored at Upstate Unleashed as the 2019 Community Catalyst, for bringing together diverse startup ecosystem players in a local community and/or increasing the amount of capital and the number of early-stage investors in that community.

Congratulations to Launch NY, Entrepreneur-in-Residence, Elisa Miller-Out, for being honored as the Master Ecosystem Builder of the Year Award from Upstate Venture Connect.

  


International for Startups
Thursday, October 3 at 8:30 AM

Learn how to grow your business internationally at a workshop on October 3rd, hosted by World Trade Center Buffalo Niagara, Launch NY, and 43North!

Program Agenda:

8:30 AM – Registration & Networking
9:00 AM – Workshop and Presentations Begins
10:45 AM – Closing Remarks


Launch NY’s 2018 Annual Report

Launch NY saw unprecedented growth in 2018 marking its first year as the most active seed fund in NYS, its second successive year with an award from U.S. Treasury Community Development Financial Institution (CDFI) Fund, notification of a second award from the Ralph C. Wilson, Jr. Foundation for $4.5MM to start in 2019, and designation with a $1.5MM award by New York State Energy Research & Development Authority (NYSERDA) as the Emerging Cleantech Opportunity (ECO) Incubator. Launch NY’s 2018 Annual Report is now available for download.

#LaunchHour TwitterChat


LaunchHour TwitterChats are monthly virtual chats featuring important topics for startups, entrepreneurs, investors, and ecosystem stakeholders.

Check out our archive for past TwitterChats filled with tips like those below. See you at the next #LaunchHour TwitterChat on Wednesday, October 16 on Women in Cleantech

September #LaunchHour TwitterChat:
Diversity in Investing

Q: What changes have you seen in the venture funding ecosystem as it pertains to diverse investors?

A: The good news is that we’re seeing more diverse investors and more diverse-led funds. The bad news is we’re still not moving the needle because women and people of color aren’t getting funded nearly enough and we’re squashing innovation because of it.

– Allyson Kapin (@WomenWhoTech)

A: I started investing in @startups after selling my company. After teaching the ACTiVATE program, I realized how disparate the funding was for 

– Julie Lenzer (@ChiefMuse)

A. It has been nice to see the shift towards a more inclusive investment ecosystem including men & women of all races, ages and backgrounds over the past 5 years. Prior to that, it was pretty monochromatic

– Lindsay Karas Stencel (@LKS_Law)

A. At Launch NY, we broke new ground as the only nonprofit VDO – exclusively female led at that – serving all startups across our entire region.
– Marnie LaVigne (@MarnieLaVigne2)

Meet Launch NY’s Entrepreneurs-in-Residence

As a co-founder of Launch NY and Entrepreneur-in-Residence actively involved in company intake, mentoring, and due diligence, Al Culliton has had a 40+ year business career in leadership and management roles in both the private and public sectors providing financial services and economic development assistance, including one of the first early stage company venture funds in the region, to companies of all sizes and industry types.