Launch NY makes first seed investment in Buffalo incubator startup

Launch NY, a virtual incubator and “venture development organization” serving multiple counties in Western and Central New York, made its first seed investment of $50,000 in the form of a convertable loan to Rachel’s Remedy, a portfolio company of the privately operated Z80 Labs incubator in Buffalo. Rachel’s Remedy developed and sells “relief packs” for nursing mothers. 

For more information and background from Launch president Marnie LaVigne, please see coverage in Buffalo Business First. For more background on how Launch NY helped Rachel’s Remedy, see also this video, embedded after the break.

http://launchny.org/assets/launch-ny-sd.mp4

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