Nick Querques, Director of New Ventures at at SUNY Research Foundation, recently shared insights on how Upstate Capital fosters a robust venture ecosystem by connecting investors, entrepreneurs and service providers across Upstate New York. Acting as a central network, Upstate Capital elevates the region as an emerging hub for venture capital, driving attention and funding toward local startups and investment opportunities.
Querques emphasized that Upstate Capital brings together individuals and organizations passionate about the Upstate ecosystem. Through regular events, networking platforms and knowledge-sharing opportunities, the organization provides a vital space for collaboration and visibility. This collective effort supports investment flow into the region and cultivates partnerships that can accelerate growth for both startups and investors. By creating a cohesive community, Upstate Capital is helping position Upstate New York as an attractive destination for venture capital and innovation.
Historically, Upstate New York has been overlooked as a destination for early-stage investments, with major funding centers concentrated in places like New York City and Silicon Valley. However, Querques highlighted that Upstate Capital is actively working to change this perception. By showcasing success stories and expanding networks, the organization demonstrates that Upstate New York offers fertile ground for companies to thrive, investors to find value, and entrepreneurs to scale their businesses.
Querques also encouraged broader engagement with Upstate Capital, noting that the success of this venture ecosystem depends on open networks and shared experiences. By uniting a growing number of investors, innovators, and service providers, Upstate Capital aims to solidify Upstate New York’s reputation as a thriving landscape for business success, ultimately supporting economic growth across the state.