Request for Application (RFA)- NYC Catalyst Fund II
About This Opportunity
Economic Development Corporation United States: Request for Application (RFA)- NYC. Supply contract, finance & banking. Submission deadline Jan 2029.
This is a supplies contract in the finance and banking, trade and industry and Youth sectors, with a focus on Investment and Entrepreneurship. Located in United States, North America, this opportunity is open to firms and consortiums, with an estimated budget of USD 25.0 million. Proposals must be submitted before January 2, 2029.
Published through NYC Open Data, a national government procurement portal. Public procurement tenders follow the country's national bidding regulations and may have specific eligibility and documentation requirements for the supply of goods in the finance and banking sector. Supply contracts typically require bidders to demonstrate product compliance with technical specifications, delivery capacity, and relevant certifications. Interested parties should review the full documentation on the original source before submitting their proposal.
Description
New York City Economic Development Corporation (NYCEDC) is issuing a Request for Applications (RFA) to seek applications from investment fund managers (each, a Fund Manager) that are raising capital for an investment fund (each, an Investment Fund) with objectives that align with the NYC Catalyst Fund II (the Program).
The goals of the Program include fueling economic development in New York City, achieving NYCEDCs broader impact, and generating income for NYCEDC. NYCEDC expects to allocate $25 million to the Program and make commitments up to $5 million to each Investment Fund selected by the Program. Additional funding may be allocated to the Program at the discretion of NYCEDC.
NYCEDC is interested in funds that have a well-articulated financial return strategy, a demonstrated commitment to New York City, and a strategy that aligns with at least one of the below impact areas:
- Diverse Entrepreneurship: The Fund Manager must demonstrate an investment strategy for the Investment Fund that is focused on investing in underrepresented founders and their businesses.
Data provenance
This notice is sourced from NYC Open Data and was originally published on December 8, 2025. Last refreshed 5 days ago. BidsFactory mirrors official procurement notices and links back to the source for full legal text.
About Economic Development Corporation
Economic Development Corporation has issued 266 procurement notices on BidsFactory, including 19 currently open and 1 awarded contracts. Activity concentrates in Construction & Civil Works, Information & Communication Technology, and Architecture & Engineering Services. All notices are published for United States. Notices are distributed via NYC City Record and NYC Open Data. Most recent publication: June 17, 2026.
Frequently asked questions about this tender
What type of contract is this?
This is a Supplies contract in the Finance & Banking sector. The classification helps bidders match the opportunity to their qualifications and registered scope of supply.
What is the estimated budget?
The estimated contract value is $25,000,000 - $25,000,000. Bidders should ensure their proposals are consistent with this range and account for any local taxes and contract execution costs.
Where will the contract be performed?
The contract is for delivery in United States. Foreign bidders should review local registration, taxation, and any in-country presence requirements before submitting.
How can I submit a bid?
Visit NYC Open Data to access the full notice, required documents, and submission instructions provided by the contracting authority.
When does this tender close?
The submission deadline is January 2, 2029. You have 922 days left to prepare and submit your proposal to the contracting authority.
Who is the contracting authority?
This notice was issued by Economic Development Corporation in United States. The authority is responsible for evaluating bids, awarding the contract, and managing performance.
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