Grants for Growth Announces New Funding

Posted on December 1, 2015


Now Accepting Applications for $25,000 Proof of Concept Grants and $150,000 Concept to Marketplace Investments

SYRACUSE, NY – CenterState CEO today announced it is accepting applications for the 14th round of its Grants for Growth program. To date, $2.65 million has been invested in emerging companies leveraging $44 million in matching and follow on funding through the program.

Grants for Growth is a unique CenterState CEO seed program that supports innovative applied research projects between universities and industry to improve business competitiveness and create jobs. Companies can apply for the award in one of two categories based on their growth stage: $25,000 Proof of Concept grants for early-stage companies, and $150,000 Concept to Marketplace investments for later-stage companies.

Companies are encouraged to apply for Grants for Growth at by July 2, 2015.

To date, the Grants for Growth program has:

  • Awarded 47 grants/investments totaling $2.65 million
  • Leveraged $44 million in additional investments
  • Created 56 patents
  •  Engaged entrepreneurs from across eight CenterState New York counties
  • Connected growing companies to 135 professors at seven colleges and universities 
  • Created the potential for 699 new jobs
  • Created the potential for $49.5 million new revenue

The program is made possible with support from the New York State Senate and Senator John A. DeFrancisco.

“Round after round, Grants for Growth continues to provide opportunity for companies to build and grow in our community,” said Senator DeFrancisco. “Each round allows us to support more innovation and create deeper connections between our region’s entrepreneurs and universities. I’m proud to see the continued success of this program.”

Grants for Growth gives companies across the 12-county CenterState, New York region greater access to the extensive resources available at educational institutions, those universities and research centers gain additional capacity to transfer the latest knowledge and skills to targeted industrial clusters.

To learn more about these programs and the resources available to entrepreneurs visit

About The Tech Garden

The Tech Garden’s mission is to stimulate high-tech entrepreneurship, foster the development of emerging growth companies, and support technology commercialization throughout the region. Start-up technology businesses are offered business plan assistance, mentoring and marketing advice, targeted referrals, networking opportunities and state-of-the-art office space from which to grow their businesses. The Tech Garden is an affiliate of CenterState CEO.

About CenterState CEO

CenterState CEO is a regional business leadership organization, chamber of commerce, and economic development strategist, based in Syracuse, New York. We represent members of all sizes and serve as the primary business resource and catalyst for development in a twelve-county area. We advocate for smart business, facilitate regional growth and promote community prosperity through results-driven partnerships, planning and problem solving.

CEO News

Surge Accelerator Teams Innovation Night
CEO News | 02/15/2024

A Reflection on the Past Year, from Syracuse Surge Accelerator Program Manager, Emad Rahim

It is hard to believe it has been a full year since we launched the Syracuse Surge Accelerator. In reflecting on this inaugural year, I am incredibly proud of what we have created through this program, and excited to witness its continued…

GNY Round 8 Applications Graphic
CEO News | 02/08/2024

Empire State Development Announces Application Window for GENIUS NY Round 8 Now Open

Empire State Development (ESD) announced that GENIUS NY – the world’s largest business accelerator focused on uncrewed aerial systems – is now accepting applications for the eighth round of the year-long program.

KeyBank CenterState CEO Check Presentation
CEO News | 02/06/2024

KeyBank Awards CenterState CEO With $500,000 Investment

Funding will support the launch and growth of underrepresented firms through training, coaching, and technical assistance and provide direct lending to and investment in undercapitalized firms.

Rob Simpson at the 2024 Economic Forecast Breakfast
CEO News | 01/31/2024

CenterState CEO President Rob Simpson's 2024 Economic Forecast Remarks

CenterState CEO President Rob Simpson delivered the following remarks at the 2024 Economic Forecast Breakfast event on Jan. 31, 2024.

Crowd at the 2024 Economic Forecast Breakfast
CEO News | 01/30/2024

Economic Forecasters Share Continued Optimism

CenterState CEO hosted its popular Economic Forecast event to share insights into the region’s economic climate from the perspective of regional business leaders and economic experts.

Nominate Business of the Year 2024
CEO News | 01/25/2024

Business of the Year Award Nominations are Now Open!

CenterState CEO is now accepting nominations from members for its 2024 Business of the Year Awards. Deadline is Monday, Feb. 26, 2024.

10th-Annual-Clothing-Drive 2024 Updated
CEO News | 01/12/2024

10th Annual Mark J. Palumbo Memorial Clothing Drive, honoring Nancy Premo

CenterState CEO is hosting the 10th annual Mark J. Palumbo Memorial Clothing Drive in honor of Nancy Premo. Bring gently used items, such as winter coats, hats, sweatshirts, gloves, scarfs, sweaters and warm socks to CenterState CEO's…

Syracuse Surge Accelerator Sign-Speak
CEO News | 01/10/2024

Syracuse Surge Accelerator-Meet the Teams: Sign-Speak

Meet Yamillet Payano, cofounder of Sign-Speak.

Rob Simpson statement of State of the State 2024
CEO News | 01/09/2024

CenterState CEO President Robert Simpson Comments on Governor Kathy Hochul’s State of the State Address

Robert M. Simpson, president of CenterState CEO, in Syracuse, issued the following statement following Governor Kathy Hochul’s State of the State Address.