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Innovate NY Fund

Empire State Development (ESD) is New York' s chief economic development agency. The Innovate NY Fund is a seed stage business equity fund with up to $47 million to support innovation, job creation, and high growth entrepreneurship throughout the state. The Innovate NY Fund is supported with $37 million in State SSBCI funds and $10 million from Goldman Sachs, and is expected to leverage over $450 million in additional private investment for small businesses.

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