The NYC Catalyst Fund II is a grant program administered by the New York City Economic Development Corporation to stimulate economic development by providing capital to investment funds managed by qualified fund managers. Up to $25 million will be allocated overall, with commitments of up to $5 million per selected fund. Eligible fund managers must focus on at least one of three impact areas: Diverse Entrepreneurship, Economic Mobility, or Innovation Sectors. The solicitation follows a Request for Application process with a final deadline of 2 January 2029, and applicants may submit questions through designated email addresses. • Total program funding: $25 M (up to $5 M per fund) • Impact focus areas: diverse founders, income‑wealth gap reduction, high‑growth innovative industries • Application window: posted 8 Dec 2025 – closes 2 Jan 2029 (first‑round responses due 30 Jan 2026) • Eligibility: Fund managers raising capital for New York‑focused investment funds; M/WBE‑certified firms encouraged • Submission: electronic zip file via NYCEDC RFP portal; questions due 2 Jan 2026 (first round) and 1 Dec 2028 (final round).