Loading organizations...
Onondaga Venture Capital Fund operates as a venture capital firm, primarily focused on early-stage investments. The firm identifies and supports emerging businesses and startups, providing capital for initial growth and development. Its approach centers on fostering nascent companies within the region, aiming for their commercial viability and market entry.
Established in 1985, Onondaga Venture Capital Fund commenced operations in Syracuse, New York. While specific founders are not widely publicized, Irving Schwartz held a key leadership position as President. The fund's inception likely stemmed from an insight into the need for dedicated capital to nurture promising early-stage enterprises within the Central New York area.
The fund serves as a capital partner for startups and early-stage companies seeking initial investment. Onondaga Venture Capital Fund's overarching vision is to catalyze regional economic expansion by strategically backing innovative ventures. It aims to empower these businesses to mature, create jobs, and contribute to a vibrant entrepreneurial ecosystem, fostering long-term prosperity.
Onondaga Venture Capital Fund has 1 tracked investment across 1 company. The latest tracked deal is $250K Other Equity in Rheonix in November 2009.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Nov 6, 2009 | Rheonix | $250K Other Equity | Rand Capital | Cayuga Venture Fund |