Categories: Insurance & Financial ServicesRegional NewsSmall BusinessSubscriber OnlyTechnology

Launch NY invests in Ithaca firm, 12 others in first half

Marnie LaVigne

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“With an average of over three transactions per month, Launch NY’s #InvestLocal programs remain the most active source of seed capital for new and growing startups in the upstate New York region, which are driving a robust entrepreneurial ecosystem and our regional economy overall,” Marnie LaVigne, president and CEO of Launch NY, said. “As we celebrate Launch NY’s tenth anniversary this year, we continue to expand access to both seed capital and pro bono mentoring for entrepreneurs in our region, while engaging over 250 accredited investors in our programs.”

Launch NY is headquartered in Buffalo and has co-locations with partner organizations in Binghamton, Ithaca, Rochester, and Syracuse. Since 2012, it has served 1,384 companies, has more than 30 experienced local entrepreneurs-in-residence, and a National Mentor Network of 2,000 industry, business, and investment experts.

Eric Reinhardt