July 10, 2017

M&T Awards $100,000 Grant to Launch NY to Promote Success of Upstate New York Startups

Buffalo, July 10, 2017 –The M&T Charitable Foundation has awarded Launch New York (Launch NY) a $100,000 grant to fuel high-growth potential entrepreneurs in Upstate New York through pro bono business mentoring programs and seed funding.

“As Upstate New York’s leading bank for small business, we have first-hand experience with the entrepreneurial movement underway in Buffalo and across the region. Working on the ground every day, our team truly appreciates what it takes to make a difference at the local level,” said Shelley Drake, president of M&T Charitable Foundation. “M&T’s $100,000 grant will help Launch NY provide equal access to best practices in business mentoring and seed capital for all high-growth entrepreneurs, and will build and expand on its successful track record of helping innovative startups grow into economically viable businesses that create jobs and economic vitality.”