Why did Excell Partners do the research and write a report on Venture Capital and Seed Activity in NY?
In the four and one-half years Excell Partners has been operating as a small seed fund, it has become apparent that tremendous economic opportunity exists to leverage the research and development at NY’s universities to create start-ups. However, both Upstate and Downstate are suffering from a lack of seed-stage capital to help launch these companies. At Excell, we wanted to document our experiences with data so that we could make relevant comparisons with the best practices of other leading states and better validate the case for seed funding in NY.
