named programs · 2 · from sources
What they call their work
12-Week Remote Accelerator
Twice-yearly, fully remote program for 50 pre-seed startups focused on investor preparedness, with web-based interactions and video conferences; culminates in selection of 20 graduates
NY Crossroads Venture Competition
Biannual in-person event in the Hudson Valley featuring a venture showcase and judging; top 10 accelerator graduates compete for state-funded investments of one $500K and four $250K awards
activities · 2 groups
What they do
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Startup Acceleration & Business Growth Support 2 activities
- Administer NYS ESD funding to support Hudson Valley startupsDeploys $25 million in NYS ESD funding over five years to support 50 startup companies in the Hudson Valley, with the goal of helping them secure their first round of funding.
- Operate a 12-week remote accelerator program for pre-seed startupsRuns a twelve-week, fully remote acceleration program twice annually for 50 pre-seed founders, focused on investor preparedness and refining business narratives. The program supports early-stage companies in articulating their acceleration path and preparing for investor interactions.
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Youth and Student Entrepreneurship Competitions 1 activity
- Host a venture competition for accelerator graduatesSelects 10 finalists per cohort from among 20 program graduates for an in-person Venture Competition, which includes a two-day event in the Hudson Valley featuring a venture showcase, regional promotion, and convening of business and investment stakeholders. The competition is part of a broader initiative to deploy $1.5 million in investments through NY State.
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financials · form 990EZ · fy2023
revenue
Total revenue$3
Contributions & grants——
Program service revenue——
Investment income$3100%
Other revenue—
expenses
Total expenses$3K
Program expenses—
Admin / overhead—
Fundraising—
Salaries & benefits—
Grants paid out—
balance sheet
Total assets$15K
Cash—
Investments—
Liabilities—
Net assets$15K
2 years on record · 2022–2023 · YoY revenue -100.0%
relationships · 9
Who they work with
- 43 North Network — Modeled after 43 North as a successful accelerator program
- 43North Partner — Program modeled in part on 43North's venture competition framework.
- Genius Network — Modeled after Genius as a successful accelerator program
- Genius NY Partner — Program draws from Genius NY's accelerator structure and approach.
- Grow-NY Partner — Program modeled in part on Grow-NY's regional innovation and investment model.
- Luminate Network — Modeled after Luminate as a successful accelerator program
- Luminate Partner — Program incorporates learnings from Luminate's venture development model.
- NY State Government — Facilitates investment process through which NY State makes direct investments in startups.
- New York State Government — Funds the pre-seed accelerator and venture competition program
strategies · 2
How they approach the work
Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.
- Founder Narrative and Strategic Positioning for Investor Readinessmethodology: founder_narrative_developmentBy developing founders' ability to articulate their business narrative and strategic value, the organization increases investor confidence and comfort, because investor decision-making depends not only on metrics but on trust in the founder team and clarity of growth vision.
- Pre-Seed Acceleration to Bridge Funding Gapmethodology: pre-seed_accelerationBy intervening at the pre-seed stage with structured acceleration, the organization de-risks startups for future investment through professionalization, network access, and traction-building, because startups in the gap between friends-and-family and institutional capital are most vulnerable and scalable when supported early.