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Governor Andrew M. Cuomo announced that New York State is launching a $2 million MWBE Investment Fund to provide seed financing to certified minority- and women-owned business enterprises. The launch of this first-of-its-kind investment fund will help further increase opportunities for minority and women-owned businesses in New York and help this vitally important part of this state’s economy grow, Governor Cuomo said. Under this administration, great strides have been made to support these businesses and encourage diversity in the private sector, and this new fund will go a long way toward making those gains permanent and building a brighter future for New York. This fund will be managed by Rochester-based Excell Partners.