September 23, 2019

Launch NY Newsletter – August 2019

Launch NY Celebrates Mentoring Milestone Supporting Over 1,000 Startups

We are thrilled to share that Launch NY’s Entrepreneur-in-Residence (EIR) Program has marked a major milestone logging over 1,000 companies in Upstate NY who have benefited from our pro bono mentorship since 2012.

As the most active seed fund in New York State investing over $2 million in 41 companies to date, all of whom work with our robust EIR program including 27 local mentors and National Mentor Network of over 2,000 industry, business and investment experts.

Mentorship plus our #InvestLocal financing programs = startup success.


The Spectacular Six: Launch NY Kicks Off Investor Network Featuring Hot Startups Seeking Capital

On the heels of recruiting its first 100 beta investors for its new Investor Network, the region’s first and only on-demand digital marketplace exclusively serving Upstate New York’s entrepreneurial ecosystem, Launch NY has kicked off its pilot test for this #InvestLocal program.

Connecting investors with these innovative local startups is what we’re all about. Meet the first six companies!

Want to get started investing local with Launch NY’s new Invest Local Financing Programs?


Launch NY Unveils New Website with Powerful Resources for Entrepreneurs and Investors

Launch NY’s new website creates a one stop shop for entrepreneurs, investors, and supporters who believe in Launch NY’s mission of investing local by providing pro bono mentoring and access to risk capital for high-growth startups.


Join Launch NY’s ECO Incubator Clean Energy of the Future Event
Tuesday, September 17 at 4:30 PM

Attendees are invited on an exclusive VIP tour of the Northland Workforce Training Center and a panel discussion with experts on clean energy of the future and the role it will play at the Northland site and beyond. Whatever your interest and role is in clean energy today, you will want to get a glimpse of the future!

Program Agenda:

4:30 PM – Registration & Networking
5:00 PM – Welcome and Introduction to Northland
5:15 PM – Northland Workforce Training Center Site Tour
6:00 PM – Clean Energy of the Future Panel
7:00 PM – Networking

Clean Energy of the Future Panelists


Startup Spotlight: Launch NY Portfolio and Client Companies Have Strong Showing in 76West and 43North SemiFinals

Congratulations to the Launch NY Portfolio and Client Companies who have make it to the 76West and 43North SemiFinals!

Launch NY’s 76West SemiFinalists:

CleanFiber
Heat Inverse
Paradigm
SunDensity

Launch NY’s 43North SemiFinalists:

3D Usher, Inc
Buffalo Automation
EMPEQ
Empirican Group, Inc. (Circuit Clinical)
Eng.io Ventures, Inc
Evoke Healthy Foods
Grit Seed, Inc.
The Perfect Granola
Ru’s Pierogi, LLC
Thimble.io


Click to Tweet to Congratulate the Companies!


#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, September 18.

August TwitterChat: The Power of Mentoring

Q: What would you tell a founder that is just starting out?

A: Use your resources! Meet with as many mentors as you can, attend workshops and trainings, and most importantly, talk to your customers!!

– RevIthaca (@RevIthaca)

A: Mentors will be the first people to believe in you. They will help you test assumptions. They will give you the tough love you need to iterate, and often pivot. And when you are successful, pay it forward and become a mentor.

– Syracuse LaunchPad (@LaunchPadSYR)

A. Do your research!! I come across a lot of founders who are their own biggest fan and they haven’t done the research necessary to determine if any one else is going to like/buy their product or service. No sales = No business.

– Venus Quates (@VeeQuates)

Meet the Launch NY Entrepreneurs-in-Residence

Elisa Miller-Out, Launch NY Entrepreneur-in-Residence
              
Elisa Miller-Out is an experienced tech entrepreneur, investor, board director, and community builder. She’s currently managing partner of Chloe Capital, a seed stage venture capital investment fund focused on women-led tech companies.