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  5. ›NYS Emerging & Regional Manager Fund RFA

NYS Empire State Development·New York

NYS Emerging & Regional Manager Fund RFA

Closes 12/1/2025$200k – $5MRequest for QualificationLogin required
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Description

Request for Qualifications Business enterprises awarded an identical or substantially similar procurement contract within the past five years: N/A Service-Disabled Veteran-Owned Business (SDVOB) SDVOB Goal: 0.00% Minority / Women Business Enterprise contracting goals (MWBE) MBE Goal: 0.00% WBE Goal: 0.00%

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Jennifer Tegan(Managing Director)

[email protected]

(607) 342-2683

Key dates

Opened
11/17/2022
Closes
12/1/2025
Projected award
1/19/2026

Last updated

Details

Type
Request for Qualification
Industry
Financial Services
NAICS
523920
Solicitation №
TBD

Budget estimate

$200,000 – $5,000,000

The budget for this opportunity is not explicitly stated, but based on the nature of the RFA, it is likely that the selected fund managers will receive a management fee for their services, which could range from 1% to 5% of the total investment amount. Additionally, the fund managers may also receive a performance fee based on the returns generated by the investments. Assuming an average management fee of 2% and an average performance fee of 10%, the total budget for the selected fund managers could range from $200,000 to $5 million per year, depending on the total investment amount and the performance of the investments.

AI estimate from the solicitation

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