1100 St. Francis Dr. Santa Fe, NM 87503 505-827-0323 http://www.edd.state.nm.us/SERVICES/TRAINING/index.html 65 New York $500,000 Venture Capital From New York High tech entrepreneurs, companies with technologies ready for market, and leading-edge enterprises each have different needs for investment capital. New York State has the seed and growth capital that will enable your high tech business to grow. The Small Business Technology investment Fund Program (STBIF) is a source of early-stage debt and equity funding for high tech companies. Initial investments can come to as much as $300,000 and later stage investments can go up to $500,000. New York State is banking on a strong high tech future. Contact: Empire State Development/Small Business Technology Investment Fund 30 S. Pearl St., 6th Floor Albany, NY 12245 518-292-5134 http://www.empire.state.ny.us Micro Enterprise Conditional Grant Program " Trickle Up CDC offers a grant program to help economically disadvantaged persons to start or expand home-based businesses. Applicants complete a Business Plan using materials supplied by CDC. If the plan is approved, the applicant is eligible to receive the first $500 installment of the grant. They receive the second $200 after submitting a three month Business Report. These modest grants are targeted toward persons whose household income is no more than 200% of the federal poverty limit ($30,000 for a family of 4) with a preference for
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