City of New York Early-Stage Life Sciences Fund Non-Therapeutics Venture Program RFP

Submission Deadline
September 16, 2014 at 4:00 pm

New York City Economic Development Corporation (“NYCEDC”), on behalf of the City of New York, is seeking venture capital investment advisor(s) and co-investor(s) (“Investment Partner(s)”) to assist in the development, implementation and management of the City of New York Early-Stage Life Sciences Fund Non-Therapeutics Venture Program.  It is contemplated that NYCEDC, together with certain industry R&D leaders, will contribute approximately $20-30M in matching funds to support the launch and development of new non-therapeutics life sciences ventures based in New York City (the “Project”). Non-therapeutics investments may encompass opportunities in medical devices, diagnostics, research and development instrumentation, digital life sciences, biomaterials, bioinformatics, genomics, etc. The Project represents an unprecedented collaboration across industry leaders, local academic medical centers, research foundations and top tier venture capital firms.

NYCEDC plans to select Investment Partner(s) on the basis of factors stated in the RFP which include, but are not limited to: the quality of the proposal, experience of key staff identified in the proposal, experience and quality of any subcontractors proposed, demonstrated successful experience in performing services similar to those encompassed in the RFP.

Respondents may submit questions and/or request clarifications from NYCEDC no later than 5:00 p.m. on Monday, August 4, 2014. Questions regarding the subject matter of this RFP should be directed to earlystagelifesciencesfund@nycedc.com For all questions that do not pertain to the subject matter of this RFP, please contact NYCEDC’s Contracts Hotline at (212) 312-3969. Answers to all questions will be posted by Wednesday, August 13, 2014, on this page.

Detailed submission guidelines and requirements are outlined in this RFP, available as of Monday, July 14, 2014. In addition to being able to download the document above, the RFP is available for in-person pick-up between 9:30 a.m. and 4:30 p.m., Monday through Friday, from NYCEDC, 110 William Street, 4th floor Mailroom Bid Desk, New York, NY (between Fulton & John streets). Responses are due no later than 4:00 p.m. on September 16, 2014. Please submit five (5) copies plus one (1) electronic version on either a USB flash drive or on CD of your proposal to:

NYCEDC, 110 William Street, 4th floor Mailroom Bid Desk, New York, NY  10038
Attention: Maryann Catalano, Senior Vice President, Contracts.

Optional Informational Session

Please find date, time and location listed below. Those who wish to attend should RSVP by email to earlystagelifesciencesfund@nycedc.com by 5:00 p.m. on Tuesday, July 22, 2014.

Thursday, July 24, 2014
2:00 p.m.
NYCEDC 110 William street NY NY 10038 6th floor

Companies who have been certified with the New York City Department of Small Business Services as Minority and Women Owned Business Enterprises (“M/WBE”) are strongly encouraged to apply.  To learn more about M/WBE certification and NYCEDC’s M/WBE program, please visit http://www.nycedc.com/opportunitymwdbe.


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