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Upstate Capital Association of New York names two new board members

By Journal Staff

Date:

The Upstate Capital Association of New York announced it has added Rick Clonan (left) and Lindsay Stencel (right) to its board of directors. (Photo credit: Upstate Capital Association of New York)

PITTSFORD, N.Y. — The Upstate Capital Association of New York announced it has named Lindsay Stencel of Launch NY and Rick Clonan of Genius NY as its newest board members.

Stencel is the chief operating officer for Launch NY and a partner at Ohio–based NCT Ventures. She has a passion and expertise is assisting small-business clients, investors, and managers with their legal needs — from concept and business formation to investment documentation and exit transactions, according to an Upstate Capital Association news release. She guides Launch NY’s seed-stage investment arm, leading that organization to be the most active seed-stage investor in upstate New York in 2017. She was elected to the board of directors as a voting member and is based in Buffalo.

Clonan, VP of innovation and entrepreneurship at CenterState CEO and head of Genius NY, was elected to serve as a board observer. He is a retired Major for the U.S. Air Force, where he served for 23 years as a base civil engineer. He founded and ran an automotive aftermarket company based on his patented innovations. He is a passionate entrepreneur, innovative business builder, and advocate for Central New York. Genius NY is a 2018 gold sponsor for the Upstate Capital Association, the release stated.

The Upstate Capital Association of New York says it connects investors across the “capital stack” to opportunities all over New York state. It increases access to capital for companies and deal flow for investors by maintaining a statewide network of capital providers, professional advisors, and supporting organizations.

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