The Winner of Competition THRIVE Announced

Last night, NYCEDC, the Deutsche Bank Americas Foundation, and Baruch College announced the winner of the Competition To Help Reach Immigrant Ventures and Entrepreneurs (THRIVE), the City-sponsored competition which generates financially sustainable business plans to address the challenges faced by immigrant entrepreneurs in New York City. The Queens Economic Development Corporation (QEDC) was selected as the winner and will receive $100,000 to further expand their foreign language home improvement contractor training program. ...

New York Mets to Host 2013 MLB All-Star Game at Citi Field, Providing a Major Boost to City’s Economy

This year’s baseball season is already in full swing, but next summer, it’s going to reach a fever pitch in NYC. Mayor Bloomberg announced today that the New York Mets will be hosting the 2013 All-Star Game at Citi Field in Queens – the first time the team has hosted the All-Star Game since 1964, the year Shea Stadium opened.

While this is great news for the City’s many baseball fans, every New Yorker will benefit from the major impact the game and its festivities will have on the City’s economy. According to an NYCEDC analysis, the total economic impact of the 2013 MLB All...

Grow Your Industrial Business

Are you an industrial business? Learn specialized growth and development strategies from experts through NYCEDC's New Industrial Growth Initiative, a free program for qualified small industrial businesses. Join a 4-hour workshop, Listening to Your Business™, which will take place in each of the five boroughs. Participants can apply for further technical assistance that will begin in September. Selected applicants will then compete for three prizes of $50,000 to put toward their business growth.

Industrial Growth Initiative:...

Coney Island B&B Carousell Open House

Photo credit: Bruce Handy

This past weekend, Coney Island welcomed back the first of the B&B Carousell horses from Carousells and Carvings, Inc. in Ohio where the ride is being meticulously restored. The horse, now named Ravishing Ruby, was on display at the Coney Island History Project where some visitors regaled their favorite Carousell memories while others were introduced to the Carousell for the first time. The open house showcased the progress of the restoration and also gave fans the opportunity to cast...

Internet Week NY: May 14-21

NYCEDC's Internet Week panel in 2011 on New York City's "Digital Corridors". Photo credit: Trista Sordillo/NYCEDC

We’re getting excited for Internet Week, coming up later this month, which celebrates the ever-changing digital landscape in New York through almost 200 citywide networking events, meet-ups, panels, conferences, hack days, and more. NYCEDC is hosting the following Internet Week panel along with NYC Department of Information Technology & Telecommunications (NYC DoITT), focusing on the annual NYC BigApps competition and how it...

Coney Island’s B&B Carousell is competing against 40 other NYC historic places for Partners in Preservation funds. Vote every day until May 21, 2012!

The B&B Carousell is one of 40 historic properties in NYC that has been selected by the National Trust for Historic Preservation to participate in Partners in Preservation (PIP), a community-based program which provides preservation grants for local historic places.

Help B&B Carousell win preservation funds by voting every day from now until May 21^st on the PIP facebook page. One vote per day is...

Request for Proposals: Industrial Space Modernization

As part of the City’s ongoing efforts to help grow the manufacturing and industrial business sector, NYCEDC issued the Industrial Space Modernization RFP to allocate up to $8 million from the City Council Small Manufacturing Investment Fund, which subsidizes capital improvement costs for the subdivision and modernization of existing underutilized industrial spaces in NYC. The Request for Proposals aims to help incentivize needed capital improvements and create appropriately-sized and modernized space for small industrial businesses, including manufacturers. Small...

Request for Proposals: Halleck Industrial Development Site at Hunts Point, Bronx

NYCEDC is seeking a respondent to construct and operate a modern industrial facility at the Halleck Industrial Development Site, with a preference for food-related industrial uses. Located within the Hunts Point Peninsula in the Bronx, the site occupies a prime location in the Hunts Point Food Distribution Center, an industrial park comprising wholesale food distribution businesses and other food-related enterprises. Hunts Point Peninsula is also one of the City’s best-positioned business...

Fashion.NYC.2020

PUBLIC SCHOOL, one of our {CFDA Fashion Incubator} designers, jacket in the making. Credit: {CFDA Fashion Incubator} Tumblr

NYCEDC’s new Fashion.NYC.2020 report investigates New York City’s fashion industry, which has long been core to the City’s economy.

In January 2010, Mayor Bloomberg kicked off the Fashion.NYC.2020 program to better understand the current strengths and weaknesses of the City...