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What's Your #FutureNYC Vision?
That’s the question we posed to attendees at last Thursday’s launch of the sixth annual BigApps competition, NYC’s premier civic tech initiative and the largest civic innovation competition in the country.
BigApps challenges New Yorkers to build tools that help solve our city’s most...Read More
By Jake Mansoor, Intern, Media and Emerging Tech Desk at the Center for Economic Transformation
A Wireless Epilepsy Detector. Carbon Microtubes. Robots.
Exciting innovations lie ahead of us but many are, in fact, already here—thanks to some young New York City innovators!Read More
Solar power played a crucial role in the recovery of the Rockaway peninsula during Hurricane Sandy.
Leading the solar recovery effort was a non-profit, Power Rockaways Resilience (PRR) whose founders include three urban sustainability designers, engineers, and technical experts: Walter Meyer,Jennifer Bolstad, and R. David Gibbs. They formed the organization to help the Rockaway community in the aftermath of the storm by quickly deploying solar and other renewable off-grid technologies to help...Read More
By Kazuki Sakamoto, NYCEDC Guest Blogger and Assistant Vice President in Management Information Systems
New Yorkers have palates as diverse as the city's population, but how exactly does fresh produce end up in our grocery stores and dining tables?
The answer can be found at Hunts Point Terminal Produce Market in the Bronx, which supplies approximately half of the produce you find in NYC produce aisles.Read More
You don’t have to be an eagle scout to learn how to stop a bleeding wound. But you may have to be a young genius.
Back in 2012, Joe Landolina, then a freshman at NYU Polytechnic School, invented VETIGEL, a plant-based gel that stops severe bleeding in less than twelve seconds.
Soon after, he co-founded the medical technology company Suneris with his classmate Isaac Miller, and embarked on a mini-MBA program through NYCEDC’sRead More
By Kyle Marks, Project Manager, Economic Research and Analysis
The latest figures from CB Insights and PricewaterhouseCoopers indicate a strong start to 2015 for venture capital investment in New York.
New York’s total VC funding grew to $1.33 billion in Q1 2015, up 33% from Q4 2014. VC deals were down 15.4% from the previous quarter.
More Report Highlights:
New York City ranked first in a survey of 40 global cities, in the way it utilizes technology to foster an innovative economy.
In its first ever study of economic innovation, City Initiatives for Technology, Innovation and Entrepreneurship (CITIE) named New York City #1 in the world for a public policy ecosystem that is supportive of startups. Placing ahead of London, Helsinki, Barcelona, and Amsterdam, New York City’s long-term investment in tech appears to have paid off.
The 56-page study, sponsored by British charity Nesta, management consultancy firm Accenture, and...Read More
By Christian Johnson, Economic and Research Analysis Research Fellow
NYC is home to the largest immigrant population of any city in the U.S.
While foreign-born immigrants comprised 13.1% of the entire U.S. population and 16.5% of the U.S. labor force in 2013, foreign-born immigrants accounted for 37% of all NYC residents and 46% of the NYC labor force.
Foreign-born workers are not only able to find work in NYC, but have also found opportunities to grow businesses of their own; a disproportionate share of incorporated businesses in NYC, 47.6%, are owned and operated...Read More
By Devin Gould, Budget Analyst, Guest Blogger, and NYCEDC Social Media Advisory Council Member
Improv, urban planning, and quantitative analysis are not usually used in the same sentence.
But for I Quant NY’s Ben Wellington it is the perfect cocktail to help planners make NYC a better place to live.
On June 3rd, Ben Wellington—a visiting assistant professor at the Pratt Institute and the vision behind the NYC open data blog, I Quant NY—came to NYCEDC's offices...Read More
It’s been more than 350 years since New York City was called New Amsterdam— or "Breuckelen," the "Bronck’s," and "Staaten Eylandt" —but even today, there’s a long-standing relationship between our city and the Dutch government.
Earlier this week, Deputy Mayor for Housing and Economic Development Alicia Glen met with Deputy Mayor Kajsa Ollongren, her counterpart from Amsterdam, to discuss opportunities for collaboration between the two cities.