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NYCSeed

  NYC Seed
Website
 www.nycseed.com
Sector Group
 Media & Communications and
Information Technology
Fund
Relationship
 Josh Grotstein, Sunil Hirani
Description
 NYCSeed LLC is a $2 million funding initiative designed to provide deserving New York City seed stage companies with the capital and support they need to move from idea to product launch. The initiative is a partnership between New York City Investment Fund, Polytechnic Institute of NYU, New York State Foundation for Science, Technology and Innovation (“NYSTAR”), New York City Economic Development Corporation, and the Industrial & Technology Assistance Corporation (“ITAC”). NYCSeed is operating out of Polytechnic Institute’s incubator in downtown Brooklyn, and NYCSeed companies will have access to incubator services as needed. 

In addition to funding, NYCSeed partners also provide resources and support for young companies. Funded companies join an extensive media and technology community, and receive guidance from notable entrepreneurs, technologists and venture capitalists. With the support of prominent New York City start-up community members, funded companies will be able to successfully move to their next stage of development. Also in order to promote the development of emerging high technology companies, NYCSeed provides a network of mentors, and educational and networking events for the broader NYC digital media and information technology entrepreneur community.