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  5. LAUNCH NEW YORK, INC.

LAUNCH NEW YORK, INC.

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Company Details

Name: LAUNCH NEW YORK, INC.
Jurisdiction: New York
Legal type: DOMESTIC NOT-FOR-PROFIT CORPORATION
Status: Active
Date of registration: 01 Nov 2011 (14 years ago)
Entity Number: 4160374
ZIP code: 14202
County: Erie
Place of Formation: New York
Address: SCHECHTER LLP, 12 FOUNTAIN PLZ., STE. 600, BUFFALO, NY, United States, 14202

DOS Process Agent

Name Role Address
LAUNCH NEW YORK, C/O WATSON BENNETT COLLIGAN AND DOS Process Agent SCHECHTER LLP, 12 FOUNTAIN PLZ., STE. 600, BUFFALO, NY, United States, 14202

Unique Entity ID

Unique Entity ID:
U7SWQU6FEST4
CAGE Code:
6P0M4
UEI Expiration Date:
2025-11-04

Business Information

Doing Business As:
LAUNCH NEW YORK INC
URL:
http://www.launchny.org/
Activation Date:
2024-11-06
Initial Registration Date:
2012-02-17

Commercial and government entity program

CAGE number:
6P0M4
Status:
Active
Type:
Non-Manufacturer
CAGE Update Date:
2024-11-06
CAGE Expiration:
2029-11-06
SAM Expiration:
2025-11-04

Contact Information

POC:
MARNIE LAVIGNE
Corporate URL:
http://www.launchny.org/

Form 5500 Series

Employer Identification Number (EIN):
453980649
Plan Year:
2023
Number Of Participants:
14
Sponsors Telephone Number:
7168818006
File:
View File
Plan Year:
2022
Number Of Participants:
12
Sponsors Telephone Number:
7168818006
File:
View File
Plan Year:
2021
Number Of Participants:
8
Sponsors Telephone Number:
7168818006
File:
View File
Plan Year:
2020
Number Of Participants:
4
Sponsors Telephone Number:
7168818006
File:
View File
Plan Year:
2019
Number Of Participants:
4
Sponsors Telephone Number:
7168818006
File:
View File

Filings

Filing Number Date Filed Type Effective Date
120120000998 2012-01-20 CERTIFICATE OF CHANGE 2012-01-20
111101000551 2011-11-01 CERTIFICATE OF INCORPORATION 2011-11-01

USAspending Awards / Financial Assistance

Date:
2023-05-10
Link:
View on USAspending
Awarding Agency Name:
Small Business Administration
Transaction Description:
FY 23 CONGRESSIONAL COMMUNITY PROJECT LAUNCH NEW YORK, INC
Obligated Amount:
1000000.00
Face Value Of Loan:
0.00
Total Face Value Of Loan:
0.00
Date:
2023-04-10
Link:
View on USAspending
Awarding Agency Name:
Department of the Treasury
Transaction Description:
THE CDFI ERP PROVIDES GRANTS TO CDFIS TO RESPOND TO THE ECONOMIC IMPACTS OF THE COVID-19 PANDEMIC. AWARDS PROVIDED TO CDFIS ARE TO EXPAND LENDING, GRANT MAKING, AND INVESTMENT ACTIVITY IN LOW- OR MODERATE-INCOME COMMUNITIES AND TO BORROWERS, INCLUDING MINORITIES, THAT HAVE SIGNIFICANT UNMET CAPITAL OR FINANCIAL SERVICE NEEDS AND WERE DISPROPORTIONATELY IMPACTED BY THE COVID-19 PANDEMIC AND TO ENABLE CDFIS TO BUILD ORGANIZATIONAL CAPACITY AND ACQUIRE TECHNOLOGY, STAFF AND OTHER TOOLS NECESSARY TO ACCOMPLISH THE ACTIVITIES UNDER A CDFI ERP AWARD.
Obligated Amount:
500000.00
Face Value Of Loan:
0.00
Total Face Value Of Loan:
0.00
Date:
2022-09-21
Link:
View on USAspending
Awarding Agency Name:
Department of Commerce
Transaction Description:
THIS EDA INVESTMENT FUNDS THE LAUNCH NY #INVESTLOCAL SCALE UP PROJECT, TO IDENTIFY, SUPPORT, AND INVEST IN HIGH-GROWTH, SCALABLE COMPANIES THAT CAN TRANSFORM THE LOCAL ECONOMY THROUGH JOB AND WEALTH CREATION, AND CATALYZE THE ENTREPRENEURIAL CULTURE IN THE 27 COUNTIES COMPRISING THE WESTERN HALF OF UPSTATE NEW YORK. THE PROJECT WILL OPTIMIZE THE DEPLOYMENT OF A MIX OF FOLLOW-ON CAPITAL INVESTMENTS TO THE CURRENT PORTFOLIO OF 80 COMPANIES, WHILE CONTINUING TO MAKE NEW FIRST-TIME INVESTMENTS AND OPTIMIZE A MIX OF ITS REMAINING FIRST-TIME COMPANY INVESTMENTS AND FOLLOW-ON FUNDING FOR THE CURRENT FOR-PROFIT LP FUND I PORTFOLIO OF 52 COMPANIES, YIELDING A FINAL 9 INVESTMENTS, WHILE ESTABLISHING A NEW LP FUND II. ONCE COMPLETED, THE PROJECT IS DESIGNED TO ADVANCE EACH OF LNY'S FINANCING PROGRAMS TO THE NEXT PHASE OF GROWTH IN ORDER TO MEET DEMAND AND MAXIMIZE IMPACT AND SUSTAINABILITY IN THE PROJECT REGION BY: A) RECAPITALIZING ITS NONPROFIT SEED FUND, WHILE OPTIMIZING THE MIX OF FIRST-TIME AND FOLLOW-ON INVESTMENT FROM THIS FUND TO FACILITATE ACHIEVING EVERGREEN STATUS, B) BUILDING AND DEPLOYING ITS SECOND LIMITED PARTNER FUND, WHILE HARVESTING THE PORTFOLIO FROM ITS FIRST LIMITED PARTNER FUND, AND C) GROWING ITS INVESTOR NETWORK BEYOND ITS PILOT PHASE OF 200 INVESTORS TO 500 TO YIELD NEW MEMBERS TO SUPPORT ONGOING TRANSACTIONS AND MORE DEAL-BY-DEAL INVESTMENT PARTICIPATION AMONG ITS MEMBERS.
Obligated Amount:
750000.00
Face Value Of Loan:
0.00
Total Face Value Of Loan:
0.00
Date:
2021-12-08
Link:
View on USAspending
Awarding Agency Name:
Department of the Treasury
Transaction Description:
PURPOSE: TO PROMOTE ECONOMIC REVITALIZATION AND COMMUNITY DEVELOPMENT THROUGH INVESTMENT IN AND ASSISTANCE TO COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS (CDFIS). ACTIVITIES TO BE PERFORMED: FINANCIAL ASSISTANCE MUST BE USED FOR FINANCIAL PRODUCTS, FINANCIAL SERVICES (REGULATED INSTITUTIONS ONLY), DEVELOPMENT SERVICES, LOAN LOSS RESERVES, AND CAPITAL RESERVES (REGULATED INSTITUTIONS ONLY), IN AN ELIGIBLE MARKET OR THE RECIPIENT?S APPROVED TARGET MARKET. END GOAL/EXPECTED OUTCOMES: THE GOAL OF THE FINANCIAL ASSISTANCE IS FOR CDFIS TO BUILD THEIR FINANCIAL CAPACITY TO LEND TO ELIGIBLE MARKETS AND/OR THEIR TARGET MARKETS, IN ORDER TO SERVE RURAL AND URBAN LOW-INCOME PEOPLE, AND COMMUNITIES ACROSS THE NATION THAT LACK ADEQUATE ACCESS TO AFFORDABLE FINANCIAL PRODUCTS AND FINANCIAL SERVICES. INTENDED BENEFICIARIES: PROFIT ORGANIZATION, PRIVATE NONPROFIT INSTITUTION/ORGANIZATION, OTHER PRIVATE INSTITUTION/ORGANIZATION INVESTMENT AREAS AND TARGETED POPULATIONS, AS DEFINED IN 12 C.F.R. 1805. SUBRECIPIENT ACTIVITIES: ONLY IN THE CASE WHERE A CDFI DEPOSITORY INSTITUTION HOLDING COMPANY APPLICANT INTENDS TO CARRY OUT THE ACTIVITIES OF AN AWARD THROUGH ITS SUBSIDIARY CDFI INSURED DEPOSITORY INSTITUTION, AS IDENTIFIED IN ITS ASSISTANCE AGREEMENT WITH THE CDFI FUND.
Obligated Amount:
225000.00
Face Value Of Loan:
0.00
Total Face Value Of Loan:
0.00
Date:
2021-09-20
Link:
View on USAspending
Awarding Agency Name:
Department of Commerce
Transaction Description:
LAUNCH NY'S 2021 BUILD TO SCALE VENTURE CHALLENGE BUILD PROGRAM, ENTITLED FAST FORWARD FOR TECH-DRIVEN STARTUPS, IS AN INITIATIVE DESIGNED TO CATAPULT THE GROWING POOL OF SEED STAGE COMPANIES SPAWNED FROM THE WELL ESTABLISHED LAUNCH NY ENTREPRENEUR-IN-RESIDENCE (EIR) PROGRAM AND OTHER ECOSYSTEM PARTNERS TO THE MARKET ENTRY AND EXPANSION PHASE FOR INNOVATIVE TECHNOLOGIES IN UPSTATE NY. AS THE ONLY VENTURE DEVELOPMENT ORGANIZATION SERVING THE 27 WESTERNMOST COUNTIES OF NEW YORK STATE, LAUNCH NY WILL INTRODUCE FAST FORWARD TO SERVE ITS HIGH VOLUME OF STARTUPS WHO HAVE PROGRESSED BEYOND CUSTOMER DISCOVERY AND MINIMUM VIABLE PRODUCT DEVELOPMENT TO HELP THEM SCALE COMMERCIAL OPERATIONS IN TECHNOLOGY-DRIVEN INDUSTRY SECTORS. ADDITIONALLY, SPECIALIZED FAST FORWARD PROTOCOLS WILL BE CREATED FOR HIGH PRIORITY CLUSTERS INCLUDING CLEANTECH AND UNDERREPRESENTED FOUNDERS, ALIGNING WITH ITS EMERGING CLEANTECH OPPORTUNITY (ECO) INCUBATOR AND FOUNDERS GO BIG (FGB) DIVERSITY, EQUITY, AND INCLUSION PROGR
Obligated Amount:
750000.00
Face Value Of Loan:
0.00
Total Face Value Of Loan:
0.00

Tax Exempt

Employer Identification Number (EIN) :
45-3980649
Classification:
Government Instrumentality, Title-Holding Corporation, Charitable Organization, Agricultural Organization, Board of Trade, Pleasure, Recreational, or Social Club, Fraternal Beneficiary Society, Order or Association, Voluntary Employees' Beneficiary Association (Non-Govt. Emps.), Domestic Fraternal Societies and Associations, Teachers Retirement Fund Assoc., Benevolent Life Insurance Assoc., Burial Association, Credit Union, Mutual Insurance Company or Assoc. Other Than Life or Marine, Corp. Financing Crop Operations, Supplemental Unemployment Compensation Trust or Plan, Employee Funded Pension Trust (Created Before 6/25/59), Post or Organization of War Veterans, Legal Service Organization, Black Lung Trust, Multiemployer Pension Plan, Veterans Assoc. Formed Prior to 1880, Trust Described in Sect. 4049 of ERISA, Title Holding Co. for Pensions, etc., State-Sponsored High Risk Health Insurance Organizations, State-Sponsored Workers' Compensation Reinsurance, ACA 1322 Qualified Nonprofit Health Insurance Issuers, Apostolic and Religious Org. (501(d)), Cooperative Hospital Service Organization (501(e)), Cooperative Service Organization of Operating Educational Organization (501(f)), Child Care Organization (501(k)), Charitable Risk Pool, Qualified State-Sponsored Tuition Program, 4947(a)(1) - Private Foundation (Form 990PF Filer)
Ruling Date:
2013-02
National Taxonomy Of Exempt Entities:
Community Improvement, Capacity Building: Small Business Development
Deductibility:
Type of organization and use of contribution: A public charity. Deductibility Limitation: 50% (60% for cash contributions)

Determination Letters

Link:
Download file
Link:
Download file

Paycheck Protection Program

Jobs Reported:
5
Initial Approval Amount:
$94,391
Date Approved:
2020-04-11
Loan Status:
Paid in Full
SBA Guaranty Percentage:
100
Current Approval Amount:
$94,391
Race:
Unanswered
Ethnicity:
Unknown/NotStated
Gender:
Unanswered
Veteran:
Unanswered
Forgiveness Amount:
$95,578
Servicing Lender:
KeyBank National Association
Use of Proceeds:
Payroll: $94,391

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Date of last update: 26 Mar 2025

Sources: New York Secretary of State

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