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Funding Programs

  • Erie County IDA - Niagara Region Ventures Fund Investments
    www.ecidany.com/products_venture_capital.asp

    Invests $100,000-$200,000 in promising growth companies.

  • First Wave Technologies, Inc.
    First Wave Technologies is a for-profit development company with an emphasis on providing support for emerging technologies, from both a technical and a business standpoint. First Wave will develop emerging technologies using its own funds and grants and contracts. First Wave can be a partner with university inventors to qualify for CAT and SBIR/STTR or comparable grant funds.

  • New York State Energy Research & Development Authority (NYSERDA)
    www.nyserda.org

    Generally provides financial assistance of up to 50% of project costs up to $250,000 for development and/or commercialization of new or innovative technologies.

  • New York State Small Business Technology Investment Fund (SBTIF)
    www.nylovesbiz.com/High_Tech_Research_and_Development/investment_fund.asp

    Makes venture capital investments of up to $300,000 in promising technology companies located in New York State.

  • Small Business Innovation Research (SBIR) Program
    www.sbaonline.sba.gov/SBIR

    This program, administered by the U.S. Small Business Administration, Provides grants ranging from $100,000 to $750,000 to fund R&D. Solicitations are published throughout the year by various agencies.

  • Small Business Technology Transfer Research (STTR) Program
    www.sbaonline.sba.gov/SBIR

    As a companion SBIR, this program funds cooperative R&D among companies, not-for-profit institutions, and federal R&D labs.

  • University at Buffalo Strategic Partnership for Industrial Resurgence (SPIR)
    www.tcie.buffalo.edu

    Provides financing and university technical assistance to help small businesses improve existing products and develop new ones.

  • WNY Business Development Fund
    www.ecidany.com/products_venture_capital.asp
    ehutton@wnytdc.com

    Provides seed and growth capital of up to $100,000 and ongoing management assistance to WNY technology entrepreneurs and start-up companies.

Venture Capital and Angel Associations