Request for Application (RFA)- NYC Catalyst Fund II

The New York City Economic Development Corporation (NYCEDC) is launching the NYC Catalyst Fund II, a grant program that seeks qualified investment fund managers to raise capital for funds that support New York‑city‑based impact objectives. Up to $25 million will be allocated across multiple funds, with a maximum commitment of $5 million per selected fund. Applicants must submit a Request for Application by the deadline, respond to Q&A rounds, and demonstrate alignment with at least one impact focus area (Diverse Entrepreneurship, Economic Mobility, or Innovation Sectors). The program emphasizes financial return, NYC impact, and compliance with M/WBE participation requirements. • Funding: up to $5 million per awarded fund, total program pool $25 million. • Eligibility: investment fund managers with a clear strategy aligned to NYC impact areas; M/WBE‑certified firms strongly encouraged. • Timeline: Publication 12/8/2025, first Q&A deadline 1/2/2026, first response deadline 1/30/2026, final submission deadline 1/2/2029.