June 22, 2015
The John R. Oishei Foundation Renews Support for Launch NY to Establish the Launch NY Seed Fund
Upstate New York, June 2015 The John R. Oishei Foundation Renews Support for Launch NY to Establish the Launch NY Seed Fund– The John R. Oishei Foundation has renewed its support of Launch New York (Launch NY) with an economic development grant of $200,000 to partner with other funders to support Launch NY’s creation of its nonprofit seed fund. The Fund will round out Launch NY’s portfolio of venture development services, as the only organization in the Upstate NY region that provides the nationally-recognized best practices approach of supporting high-growth potential companies through a combination of pro bono mentoring services and proof-of-concept funding. Launch NY’s programs and services serve its mission of transforming the regional economy by driving job creation through entrepreneurship.