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The First Ever Venture Philanthropy Crowdfunding Campaign

Launch NY is asking the community to step up to help fund regional start-ups, by making monetary donations so that the young companies have access to the resources that they need to make a go of it. In turn, these start-ups will help to fuel the economic growth of Western New York. Only recently has this region begun to recognize the impact that these high growth, high impact companies can have in both the short term and long term.

Levels of giving can help to procure business cards, provide branding services, build a website, or even allow a think tank to set up at a trade show. All of the start-ups that are in line to receive funding are vetted through Launch NY, which means that you can rest assure that your donation is going to make a difference in the life of a reputable start-up venture.

GiveGab-Featured

“When we first started working with Launch NY we did not have a manufacturer for our medical device to help nursing mothers, and we did not have Food and Drug Administration (FDA) clearance,” said Rachel Jackson, Founder of Rachel’s Remedy. “Through Launch NY, we were able to consult with the experts and received very helpful regulatory advice regarding the FDA submission process and health insurance reimbursement issues. We also found a local manufacturer to partner with as a result of advice from our Entrepreneur-in Residence. Now we’re selling our product from our business right here in Buffalo.”

Along with providing these start-ups with the tangible resources that they need to excel in the initial “make or break” years, Launch NY also provides pro bono mentoring that is considered invaluable. We have already seen what happens when WNY incubators are funded. Let’s keep the funds rolling in and watch what happens in years to come.

Click here to learn more, and/or to donate.

The goal of the crowdfunding campaign is $100,000. As of today, $26,000 has been raised by 38 donors. There are 27 days left to contribute.

Written by queenseyes

queenseyes

Newell Nussbaumer is 'queenseyes' - Eyes of the Queen City and Founder of Buffalo Rising. Co-founder Elmwood Avenue Festival of the Arts. Co-founder Powder Keg Festival that built the world's largest ice maze (Guinness Book of World Records). Instigator behind Emerald Beach at the Erie Basin Marina. Co-created Flurrious! winter festival. Co-creator of Rusty Chain Beer. Instigator behind Saturday Artisan Market (SAM) at Canalside. Founder of The Peddler retro and vintage market. Instigator behind Liberty Hound @ Canalside. Throws The Witches Ball at The Hotel @ The Lafayette, and the Madd Tiki Winter Luau. Other projects: Navigetter.

Contact Newell Nussbaumer | Newell@BuffaloRising.com

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  • OldFirstWard

    “Launch NY is asking the community to step up to help fund regional start-ups”
    Step up? Screw you. If you want to start a business, then borrow from a bank, use credit cards, apply to a foundation, ask your friends and relatives or just start saving. Stop or reduce your 401K, borrow from it, or switch your contribution to a special account for a couple years.
    My mission in life is not to fund your success, but to pay my own bills, help my kids through college, fund my own investments and interests. I just cleaned out some mail today and I got solicitations from the Food Bank, City Mission, Salvation Army, Roswell, Susan Komen, Hospice, Arthritis Foundation, Other Medical Foundations, Audubon, Save the Tigers, Wikipedia, just to name a few.  
    My youngest daughter has been asking for an American Girl Doll that costs $120 + tax.  Does anyone want to step up and donate to make a young girl happy?  Get real.

  • Flyguy2pt0

    These donations should come with some sort of return on investment if the startup dollars result in success. I get the concept but people donating money so others might get rich just seems a bit off. I love the idea of crowd funding for charity and even in these instances where it gets people off the ground with great ideas but where profit is to be made there ought to be some financial payback benefit to the investor. I’m not saying open this up to shareholder meetings and votes, etc. Not looking to make these into corporations that appear to cater more and more solely to shareholder profit no matter who gets screwed in the process. I anxiously and sadly await the First Niagara Bank fallout. This Accumed move to the Carolina’s and offshoring production likely for cheap labor is also bothersome. What can be learned here from this type of thing? If the USA wants more employment they better reduce working conditions and wages to slave wage levels all so shareholders and execs can reap greater rewards. The great equalizer is for the USA worker to have as $hitty working conditions and smog filled skies resulting from little to no regulation on emissions and their environmental impacts. For those who hate unions its these types of garbage working conditions that we point to in Asia and elsewhere that led to Union formation. Workers only take abuse for so long. Seems there is a current in the corporate world that it is certainly best to take the low road because money and profit is king. I wonder what or if serious MBA ethics courses considering human beings, impacts on neighborhoods, social impacts, and the environment are even taught in the universities including the Ivy League?