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By fostering economic growth and developing programs that help businesses and entire business sectors achieve success, we strengthen the City. Our work helps create jobs and positions New York City for future growth while improving the quality of life. We make the City stronger.
Coding is a crucial skill in today’s global economy.
This week, NYCEDC announced a $1 Million expansion of teacher training in computer science with the Department of Education, Code.org, and the NYC Foundation for Computer Science Education. This announcement coordinated with the first day of Computer Science Education Week, an annual program dedicated to inspiring K-12 students to take an interest in computer science. The program, which is sponsored by...Read More
This summer, NYCEDC launched the Staten Island Storefronts competition to encourage promising eligible businesses to open their doors in Downtown Staten Island.
We are pleased to formally announce the winners, who will receive cash prizes ranging from $25,000 to $75,000, totaling a $425,000 prize pool. All but one of the winning businesses are owned and operated by a Staten Island resident. These winning businesses anticipate hiring 34 full-time and 83 part-time employees.
The winners are:
The Made in New York Media Center by IFP opened on October 31 as a central place for innovators in film, video, gaming, and technology to collaborate through education, mentorship, entrepreneurship, and content creation.
Since its opening a little over a month ago, the Media Center has hosted a number of events including a three-day game jam with gaming partner TreSensa.
Other highlights from the Media Center's opening month include:
by Kevin McCaffrey, Economics Research and Analysis Project Manager
Is Madison Avenue still in New York?
Our most recent Industry Trends & Insights report explores advertising in New York City. This new report, which discusses the City’s role in the advertising industry, focuses on employment, establishments, wages, and industry trends such as consolidation,...Read More
We are thrilled to announce three exciting biotech initiatives that will help cement New York City's position as a destination for early-stage life science companies.
This Saturday, November 30 is Small Business Saturday, a day dedicated to supporting small businesses across the country. Founded by American Express in 2010, this day is celebrated every year on the Saturday after Thanksgiving as an incentive for customers to "shop small." This year, American Express cardholders are being offered $10 back when they spend at least $10 at qualifying merchants.
National Impact: Since...Read More
What’s your vision for the East and South Shores of Staten Island?
NYCEDC is looking for proposals that include amenities, events, development, open space improvements, services, and designs to better activate the public beachfronts, parks, open spaces, trails, and historic buildings of Staten Island's East and South Shores. Ideas that can be implemented by early summer 2014 are strongly encouraged, as well as concepts focused on a more long-term or comprehensive vision.
Our goal for the Staten Island Beachfront is:
Last night's second annual Take the H.E.L.M.: Hire + Expand in Lower Manhattan awards ceremony at Goldman Sachs headquarters celebrated the resilience of Lower Manhattan, which has witnessed incredible growth since 9/11.
The Take the H.E.L.M. competition seeks to bring startups, as well as creative and technology companies from around the world, across the country, and throughout New York City to Lower Manhattan in order to encourage growth and diversify the area’s economy. With over 600 tech companies now based in...Read More