The Partnership Fund for New York City

Fifth Star Funds is a venture philanthropy fund seeking to address the funding epidemic in America where only 1% of venture capital is awarded to Black founders. We accomplish this by investing in Black tech founders in Chicago at the early stage “Friends & Family” round. We believe the funding gap at this stage is the most critical to address, as centuries of inequity have prevented these potential entrepreneurs from having the initial capital to start their businesses. Any individual, corporation, or foundation can contribute to the fund as a tax-deductible donation, and 100% of all returns from successful investments are reinvested into the fund to support future generations of underrepresented founders. We are partnered with leaders in the industry such as 1871, Winston & Strawn, Tides.org, and many more. The Chicago flag features four stars that represent pivotal events in our city’s history; we contend that the Fifth Star belongs to underrepresented founders and the extraordinary impact they will have on our city’s future.

New York Ventures supports high-growth companies and their partners to use technology to solve important challenges in areas of strategic interest and importance. We actively look to provide greater access to venture capital for regions, industries and individuals, including women and minority entrepreneurs and fund managers. Our goal is to build a robust startup ecosystem across New York State, leveraging public and private sector assets. New York Ventures is actively deploying over $300 million of capital through equity programs for both direct and indirect investment. In 2022, New York was awarded funds via the U.S. Department of Treasury State Small Business Credit Initiative, which helps us to support our several programs. Venture Capital Program Funds Pre-seed and Seed Matching Fund: $30 million fund for investing in venture backable start-ups at the early stages of their development NYS Innovation Venture Capital Fund: $135+ million fund for investing in venture-backable startups from Seed through Series B Emerging and Regional Partner Fund: $102 million fund for investing in diverse and emerging venture fund managers or managers who invest in undercapitalized regions in NYS Community and Regional Partner Fund: $52 million fund for investing in venture fund managers who operate or partner with mentor-based programs like accelerators Impact NY Ventures programs and companies create impact in numerous ways, but we are proud of the range and diversity of companies and managers that all our programs have supported since 2011. 224 companies: More than 55% located outside of New York City $135M+ invested by NYS, matched by $900M+ from the private sector 43.3% portfolio companies started and/or led by women or minorities Team The New York Ventures team has extensive experience as investors and entrepreneurs, with offices in New York City, the Southern Tier, Western NY and the Capital Region. In addition, we regularly collaborate with our partners within the Small Business and Technology Development Division who help entrepreneurs at all stages of growth and development. Jennifer Tegan - Managing Director Silvia Garcia Codony - Assistant Vice President Karan Mehta - Senior Director Ryoko Nozawa - Senior Director Josh Nelson - Director Zack Pecenak - Director Audrey Chisholm - Assistant Director Elaine Chen - Operations Associate Thomas Halpin - Project Associate

McKenzie Shanahan is more than just a company; we are a purpose-driven organization deeply committed to the revitalization of communities and the unlocking of potential in regions frequently overlooked by mainstream investment channels. We understand that true growth and innovation often come from areas that have been neglected or underfunded, and it is our mission to bridge this gap by providing essential capital where it is most needed. Our organization was founded on the belief that every community, no matter how small or underserved, has the inherent potential to thrive when given the right resources and support. At McKenzie Shanahan, we view our role not merely as financiers but as partners in progress. We work closely with local businesses, governments, and stakeholders to identify opportunities for development that can transform entire regions. By targeting these overlooked areas, we not only aim to stimulate economic growth but also to inspire a culture of innovation and entrepreneurship that can sustain long-term prosperity. Our approach to investment is holistic. We recognize that capital alone is not enough to drive meaningful change; it must be paired with strategic guidance, collaborative partnerships, and a deep understanding of the unique challenges and opportunities within each community. We are committed to crafting tailored solutions that address these challenges, ensuring that our investments lead to sustainable development and real, lasting impact. At McKenzie Shanahan, we believe that the success of our investments is measured not just by financial returns, but by the positive changes we help to bring about in the communities we serve. Our investments are designed to create a ripple effect - stimulating local economies, creating jobs, and enhancing the quality of life for residents. We strive to foster environments where businesses can grow, where innovation is encouraged, and where communities can thrive for generations to come. In an industry often focused solely on profit, McKenzie Shanahan stands out by placing equal importance on the social and economic well-being of the communities in which we invest. We are proud to be a driving force for change, helping to turn potential into progress, and vision into reality. Our commitment to these underserved areas is unwavering, and we are determined to continue making a significant difference, one community at a time. We are dedicated to identifying and nurturing the leaders of tomorrow by strategically investing in their potential today. Our focus is on discovering visionary entrepreneurs and innovative companies poised for significant growth and providing the capital, resources, and support they need to succeed in a competitive global market.

NJEDA works in partnership with a diverse range of stakeholders to implement programs and initiatives that improve quality of life, enhance economic vitality, and strengthen New Jersey’s long-term economic competitiveness. Vision To make New Jersey a national model for sustainable and equitable economic growth by investing in communities, fostering innovation, and supporting industries with high quality-jobs in the State.

Our mission is to invest in and support founders and their early-stage start-ups that are challenging the status quo. Stand Together Ventures Lab supports each start-up and its unique needs to build on successes and create lasting change. WE INVEST We fund early-stage ventures from pre-seed through Series A and give them the right financial resources to help founders build a solid foundation for success. WE ARE COMMITTED Change takes time. We are patient and committed to teams that are working to remove barriers that keep society from moving forward, understanding that results don’t happen overnight. WE PROVIDE ACCESS Through our community of philanthropic organizations and network of partners, we provide early-stage start-ups with access to social industry experts to refine and amplify game changing ideas. WE ARE ENTREPRENURIAL By leveraging our network of business leaders, we can tailor our support to meet the needs of your operational and team structure.

Our strength is our diver­si­ty. The New Com­mu­ni­ty Trans­for­ma­tion Fund vision is shared among its affil­i­ates, each who take our approach will cre­ate oppor­tu­ni­ties, cre­ate jobs, cre­ate wealth in the communities NCTF was con­ceived of four years ago to build a more diverse econ­o­my and cre­ate eco­nom­ic pros­per­i­ty for com­mu­ni­ties of col­or. We work with scal­able, ear­ly to mid-stage busi­ness­es and tran­si­tion­ing suc­ces­sion com­pa­nies in var­i­ous indus­tries spe­cif­ic to your region.