The City is extensively wired, with Atlantic undersea fiber networks from Europe coming ashore almost exclusively in New York City.

We are the nation’s leading hub for domestic and international broadband networks. More than twice as much internet capacity terminates in the City as in Baltimore/ Washington, the second largest U.S. hub.

Our fiber optic infrastructure is the best in the U.S. More than 3,700 buildings in New York are fiber-lit, representing more fiber-lit leasable space than any other city.

The New York City Department of Information Technology and Telecommunications (DoITT) is the fastest-growing City agency, and frequently contracts with private service providers to implement major technology initiatives.

Many private entities offer state-of-the-art technology space and business services.

The New York Information Technology Center
Located in the heart of the Financial District at 55 Broad Street, the center incorporates the latest technology with a sophisticated and elegant design. Tenants include Cap Gemini, Nokia, Level 3 Communications and Sun Microsystems.

Second Century Innovation and Ideas
This Pace University incubator is a commercialization accelerator for early-stage companies seeking funding, intellectual capital, business development expertise and potential strategic relationships with Fortune 1000 companies. It is located at 163 William Street in Lower Manhattan.

Brooklyn Enterprise on Science and Technology (BEST)
Located in the Polytechnic University incubator at 6 Metrotech, BEST supports the growth of new and emerging science- and technology-based companies. It expands Brooklyn’s existing industry base and aims to attract high-technology industry to the metro region.

New York City salaries for technology employees are nationally competitive. NYC’s technology salaries are more affordable than Silicon Valley, San Francisco and Boston.

New York City has highly skilled talent. Our technology workforce can be found all across the thriving business community.  The City's financial sector, including such firms as Goldman Sachs, Citigroup and American Express, relies on its ability to attract and challenge some of the best technologists anywhere, employing  tens of thousands of IT professionals. 

Google, Microsoft & Yahoo!
Google has established their second largest office outside California, with over 250,000 sf and 500+ employees.  Microsoft and Yahoo! have made similarly large investments in the City to be close to Madison Avenue and all of the Big Media companies, that are voracious users of technology and services.

According to a survey published by the New York Software Industry Alliance, there are over 800,000 people in technology related jobs in the New York area, far outpacing any other city in the country.

New York State Qualified Emerging Technology Company Credit (QETC)
QETC is a per-employee credit for early-stage technology companies that maintain employment in New York State.  It provides up to $1 million in refundable tax credits over four years and allows investors to receive tax credits for committing to longer term investments.

New York City Investment Fund
An evergreen investment fund of more than $100 million, NYCIF invests in internet and technology companies. It is run by a network of top experts from the investment and corporate communities, who help identify and support New York City's most promising entrepreneurs.

Visit our Financing & Incentives section to for information on other programs.