About Empire State Development
Empire State Development is a company based in New York (United States). It operates as a Professional Services. Empire State Development offers products and services including Economic Incentives, Small Business Resources, and MWBE Certification.
- Headquarter New York, United States
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$1.15 M (USD), Grant
Sep 21, 2011
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Investors
SBIR
& 1 more
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Employee Count
Employee Count
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Products & Services of Empire State Development
Empire State Development offers a comprehensive portfolio of products and services, including Economic Incentives, Small Business Resources, and MWBE Certification. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Incentives are provided to encourage business growth in NY.
Resources are offered to support small business development initiatives.
Certification is facilitated for minority and women-owned businesses.
Funding Insights of Empire State Development
- Total Funding Total Funding
- Total Rounds 2
- Last Round Grant — $1.1M
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First Round
First Round
(25 Sep 2010)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2011 | Amount | Grant - Empire State Development | Valuation |
investors |
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| Sep, 2010 | Amount | Grant - Empire State Development | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Empire State Development
Empire State Development has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include SBIR and National Oceanic and Atmospheric Administration. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Federal innovation and scientific achievement services are provided.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Empire State Development
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Empire State Development
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Empire State Development Comparisons
Competitors of Empire State Development
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Empire State Development
Where is Empire State Development located?
Empire State Development is headquartered in New York, United States. It is registered at New York, New York, United States.
What does Empire State Development do?
Empire State Development is tasked with promoting economic growth across New York State. Various programs and incentives are administered to support businesses, including small enterprises and minority or women-owned businesses. Sectors such as technology, life sciences, and manufacturing are targeted through initiatives like the Micron Project and the Championing Albanys Potential Initiative. Support is extended through tax-based incentives, operational assistance, and innovation funding. Regional development is emphasized with offices spread across multiple locations in the state to facilitate localized growth and opportunity.
What products or services does Empire State Development offer?
Empire State Development offers Economic Incentives, Small Business Resources, and MWBE Certification.
Who are Empire State Development's investors?
Empire State Development has 2 investors. Key investors include SBIR, and National Oceanic and Atmospheric Administration.