diverse group of women working together as a table with laptops

New York Ventures

New York State's Venture Capital Arm

Investing in diverse entrepreneurs, fund managers, and accelerators to fuel New York’s innovation ecosystem

New York Ventures supports high-growth companies and their partners to use technology to solve important challenges in areas of strategic interest and importance. We actively look to provide greater access to venture capital for regions, industries and individuals, including women and minority entrepreneurs and fund managers. Our goal is to build a robust startup ecosystem across New York State, leveraging public and private sector assets.  

New York Ventures is actively deploying over $300 million of capital through equity programs for both direct and indirect investment. In 2022, New York was awarded funds via the U.S. Department of Treasury State Small Business Credit Initiative, which helps us to support our several programs. 

Venture Capital Program Funds

Codedex team member holding gold balloons that say 100,000

Pre-seed and Seed Matching Fund

$30 million fund for investing in venture backable start-ups at the early stages of their development
workers in lab coats in a lab

NYS Innovation Venture Capital Fund

$135+ million fund for investing in venture-backable startups from Seed through Series B
Group outdoors at Finger Lakes Summit

Emerging and Regional Partner Fund

$102 million fund for investing in diverse and emerging venture fund managers or managers who invest in undercapitalized regions in NYS
exterior of building with the Upstate Biotech Ventures logo

Community and Regional Partner Fund

$52 million fund for investing in venture fund managers who operate or partner with mentor-based programs like accelerators


NY Ventures programs and companies create impact in numerous ways, but we are proud of the range and diversity of companies and managers that all our programs have supported since 2011.

icon of a store front

224 companies

More than 55% located outside of New York City

icon representing dollars


invested by NYS, matched by $900M+ from the private sector

icon representing diverse workforce


portfolio companies started and/or led by women or minorities


The New York Ventures team has extensive experience as investors and entrepreneurs, with offices in New York City, the Southern Tier, Western NY and the Capital Region. In addition, we regularly collaborate with our partners within the Small Business and Technology Development Division who help entrepreneurs at all stages of growth and development. 

Jennifer Tegan - Managing Director
Silvia Garcia Codony - Assistant Vice President
Karan Mehta - Senior Director
Ryoko Nozawa - Senior Director
Heidi Knoblauch - Senior Director
Marcia Mitchell - Director
Josh Nelson - Director
Audrey Chisholm - Investment Associate
Elaine Chen - Project Associate

Interested in being considered for investment?

Send us your investment presentation for review.

Discover How New York State Helps Small Businesses

Our Division of Small Business and Technology Development is a hub of programs and services designed to help your business grow and succeed.