Accelerators

Silicon Valley Bank Amps Up New York Accelerator, Plans to Double Office Size

shaig Silicon Valley Bank Amps Up New York Accelerator, Plans to Double Office Size

Mr. Goldman

Oh no, did you forget to send Silicon Valley Bank an anniversary card? The financial firm is celebrating the 10th anniversary of its New York office this week and they’re using the occasion to tout the New York branch’s new emphasis on pre-funded early stage startups.

Earlier this year, they shipped Shai Goldman out from Palo Alto to bring its long-standing SVB Accelerator program out to New York. While the bank always served tech companies, Mr. Goldman beefed up its offering to startups that haven’t yet raised angel or venture financing with sponsorships of General Assembly and TechStars, live networking events, and banking services that work with a Ramen diet.

With all the new programming and clients, SVB is gonna need some more space. Its Fifth Avenue outpost is relocating this year to an office double the size.

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