Founded in 2017 and based in Melville, New York, Accelerate NY Seed Fund invests in biopharma, materials, technology, Medtech, healthcare, and energy sectors across New York. The firm partners with Empire State Development to support early stage ventures located in Downstate New York. Eligible businesses include those recently formed, with emerging technology, pre-revenue, less than $500K in invested capital, and no institutional investor funding. The principal place of business must be in New York City, Long Island, or the Mid-Hudson Valley.