ED  Small Business Technology Investment Fund (SBTIF)

http://www.esd.ny.gov/smallbusiness/sbtif.asp





     Office Locations:

633 Third Avenue, 33rd Floor
New York, NY 10017
Phone: 518-292-5700

 

Stages:

  • Early
  • Seed


 

Industries:

  • Communications & Networking
  • Electronics & Advanced Materials
  • Information Technology
  • Life Sciences & Healthcare
  • Medical Device
  • Software & Internet

  •  

    Description:

    The Small Business Technology Investment Fund (SBTIF) provides early stage high-tech companies throughout New York State with a potential source of venture capital to promote new job creation and economic growth. The Fund makes venture capital investments, taking an equity position in NYS based companies that have developed innovative technology products (and related services), generally have well-protected intellectual property, display significant competitive advantage(s) and have market acceptance. The Fund may also offer professional, technical and managerial services and referrals to help grow technology-based business ventures. SBTIF is interested in all technology areas. The Fund has invested in medical devices, Information Technology (IT), software, electronics, biotechnology, optics, nanotechnology, telecommunications, and materials science, concentrating its efforts in geography of the state typically underserved by venture capitalists.



    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
       
       
       
    COMPANY STAGEREVENUE
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Revenue
    Growth Stage
    (also called Mid-stage)
    $2M-$7M
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B
       
       
     

    Investment Team:


    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription or New York Database subscription.
    Steve Cohen Deputy Commissioner

     

    Portfolio companies include:


      Accuracy Microsensors
        web link


      Adirondack Optics
        web link


      Aerolase
        web link


      CardioMag Imaging
        web link


      Chapman Instruments
        web link


      Dimension Tech
        web link


      e2e Materials
        web link


      First Wave Products
        web link


      Float Tech
        web link


      Free Form Fibers
        web link


      innRoad
        web link


      Inverters Unlimited
        web link


      Kirtas Technologies
        web link


      Knoa Software
        web link


      LaserMax
        web link


      Lucid
        web link


      Lumetrics
        web link


      Nextek Power Systems
        web link


      Primet Precision Materials
        web link


      SmartPill Corporation
        web link


      TransTech Systems
        web link


      Ultra-Scan
        web link


      United Biomedical
        web link


     

    Recent News:


      There is no recent news for Small Business Technology Investment Fund (SBTIF).