May 2021 Newsletter

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Thanks to new federal funding for Launch NY and Cornell University’s Center for Regional Economic Advancement, regional startups, especially those owned by women and/or underrepresented minority groups, will now have 100% virtual access to resources to help them succeed, regardless of future threats like the challenges posed by the COVID-19 pandemic.
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Launch NY Awards First Founders Go Big Investment

Launch NY has awarded its first funding through its Founders Go Big (FGB) program for underrepresented founders to Anaghe Atelier, a Buffalo-based men’s clothier and online retailer led by Anthony Boyd and specializing in hand crafted, custom made clothing, including sweat suits, shoes and sneakers. Anaghe Atelier will receive $25,000 from Launch NY’s nonprofit fund.

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Startup Spotlight
Veteran-owned startup, and Launch NY Portfolio Company, MemoryFox, has received a $100,000 investment from the Buffalo Innovation Seed Fund. The company has raised a total of $380,000 in seed funding.
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ZiZo Launches Software Platform

Launch NY portfolio company, Zizo Technologies has officially launched its employee retention software platform and is onboarding customers.

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Launch NY Portfolio Company, braidbabes, has closed on $415,000 in pre-seed funding including contributions from Launch NY’s nonprofit and LP funds.
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Upcoming Virtual Events


Tuesday, June 1st
LevelUP- An Event for Hustlers & Entrepreneurs.


Wednesday, June 2nd
Food for Thought #10: Driving Growth for NYS Manufacturers


Wednesday, June 2nd
CNYBAC Virtual Series: Insurance for Clinical Trials – Product Liability & Product Recall – How to Reduce Premiums!


Wednesday, June 2nd
Join 43North for an Announcement and Celebration!


Thursday, June 3rd
Social Entrepreneurship & Innovation Success Stories


Tuesday, June 8th
Diversity & Inclusion Symposium


Tuesday, June 8th
Startup Legal Protection – What you need to know!


Wednesday, June 9th
Grow-NY Information Session


Wednesday, June 9th
A BRIGHTER FUTURE Climate Tech Innovation Fueled by Diverse Founders


Monday, June 14th
Grow-NY Information Session


Tuesday, June 15th
5 Keys to a Successful Compensation Plan for Your Sales Team Workshop


Wednesday, June 16th
Leadership Summit


Wednesday, June 16th
Speaker Series Vistage #2: Make Shift Happen


Wednesday, June 16th
Virtual Panel of Experts: Diversity & Inclusion


Thursday, June 17th
Fireside Chat with Event Tech Company CEO, Travis Tucker


Thursday, June 17th
BN360 Event:  Developing a Self-Care Routine


Tuesday, June 22nd
Sixth Annual Cleantech Financial Innovation Summit


Wednesday, June 23rd
#LaunchHour – Launch NY TwitterChat


Wednesday, June 23rd
Grow-NY Information Session


Thursday, June 24th
Pitch Your Pivot


Monday, June 28th
Grow-NY Information Session


Tuesday, June 29th
Launch NY Portfolio Company Showcase for Accredited Investors


Wednesday, June 30th
CNY Biotech Accelerator Upstate Medical University Presents Concept to Commercialization Virtual Series: Special Purpose Acquisition Company (SPAC) Process


Catch up here! –  “Startup Guide to Preparing Your Finances” We cover new topics every month! Join us every third Wednesday of the month! Next twitterchat is May 26th. #LaunchHour TwitterChats are monthly virtual chats featuring important topics for startups, entrepreneurs, investors, and ecosystem stakeholders.
Tips from May’s TwitterChat:
Read the full conversation here

Q5. How can a startup stay organized with their finances early on to avoid issues down the road? #LaunchHour
Scott T – A5. You should seek a well qualified accountant with a strong tax background. A good resource will pay for itself. You should interview several options and seek recommendations from others including other startup companies in your area or @Launch_NY#LaunchHour
Q10. Are there any resources you would recommend to startups in addition to Launch NY? #LaunchHour
Scott T – A10. Meeting with @SBAgov or talking to local organizations that help startups are good first steps. Capital Connect is a great resource to go to for financial advice.(@PECIBizHelp@pursuit_lending@WEDIBuffalo#LaunchHour
https://capitalconnectny.org
View our TwitterChats archive.

A weekly curation of resources, opinions and insights from Buffalo startup founders.
Stay Informed

Are you hiring?– Upstate Venture Connect will promote your job posting! Simply send the link of your posting to info@uvc.org

We appreciate your interest in our work and mission, and we are always eager to share our vision with those who just want to learn more about the “entrepreneurial ecosystem.”

Entrepreneurs – Apply for our support.

Investors and Supporters – Check out our portfolio and learn more about our Invest Local Financing Programs.

Please feel free to follow us on our social media channels or explore our website, and refer others interested in our organization and services.

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