January 26, 2021
Launch NY January 2021 Newsletter
2020 RoundUp: Launch NY Realizes a Silver Lining Achieving Nearly $5MM in Lifetime Investments
In a year unlike any other, Launch NY followed the lead of the resilient startup companies its serves by hitting milestones and engaging over 175 investors to deliver $2.23 million to 32 companies through its #InvestLocal community to bolster the economy when it’s needed most, yielding nearly $5 million in LNY’s lifetime investment.
“At a time when the only predictable thing was unpredictability, I’m taking this opportunity to celebrate the adaptability and perseverance of our regional entrepreneurs, investors, and ecosystem partners who worked hand-in-hand with our Launch NY Entrepreneurs-in-Residence and entire team to keep driving forward on our mission of inclusive economic prosperity through high-growth entrepreneurship. I am confident that we’ll see this same resilience, collaborative spirit, and positive impact in 2021.” – Marnie LaVigne, President & CEO of Launch NY
Last Chance to #InvestLocal in HELIXIntel!
What are you doing differently to promote your business since COVID changed everything? Join the conversation to learn and ask questions as you hear from marketing and PR experts including national partner organization, HubSpot, and expat and national consultant, Otto Pohl, plus local marketing firm, Agency 15, and Launch NY portfolio company and storytelling guru, MemoryFox at noon TOMORROW by using #LaunchHour.
Startup Spotlight
Off The Muck Market – 2020 Local Impact
The pandemic did not stop Launch NY client company, Off The Muck Market, from having a successful end to 2020. They delivered 98,600 boxes of groceries, created 29 jobs, and had a 1450% increase in purchases from over 68 Upstate NY farmers & food makers!
Off The Muck is committed to providing delivery of the widest variety of fresh, local produce that central New York has to offer, year-round.
3D Usher – Finishes Year Strong Despite the Pandemic
3D Usher showed true grit and perseverance through the pandemic and ended 2020 on a high note. They grew their revenue 3 times, shipped out thousands of items across the globe, and more: Quoted parts worth $7.5 Million for CNC Machining, Injection Molding and 3D Printing. Rolled out products to fight COVID. Shipped 10,000+ face shields and 3000+ social distancing signage units. Helped their customers launch and sell 75+ unique products on Amazon and other e-commerce platforms.
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Read the full conversation here
Thank you to our panelists: NOCO (@nocotweets), Paul Tyno (@PaulTyno), Scott Ernst (@nocotweets), The Green Project (@GreenProjectUSA), Aliesa Adelman of Wendel (@AliesaAdelman) and CLIP (@Clip_Bike)!
Q3. How does your organization define sustainability? #LaunchHour
@GreenProjectUSA: A3. We define sustainability as responsibly interacting with the planet to maintain and reuse natural resources and think it is critical to both our and other businesses’ growth plans. Becoming more sustainable is not only important for the environment but now a good business decision to help win customers, retain employees, and attract new investors #LaunchHour
@nocotweets: A3. Sustainability is meeting the needs of the present without compromising the ability of future generation to meet theirs. It is framing business decisions around long-term impact rather than short-term gains. #LaunchHour
Q4. How did your organization start or move toward sustainability? Does it support your growth plans? #LaunchHour
@AliesaAdelman: A4. There is greater demand for resiliency & sustainability to be considered in project development & clients are looking for companies that bring thought leadership, innovation, & a true understanding of these principles to the table. #LaunchHour
@nocotweets: A4. In 2010, we made a substantial commitment to sustainability through our affiliation with River Road Research. RRR was founded to invent, develop, and market biotechnologies that support a sustainable economy with a focus on energy, food, and water. There is greater demand for resiliency & sustainability to be considered in project development & clients are looking for companies that bring thought leadership, innovation, & a true understanding of these principles to the table. #LaunchHour
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