NYCEDC and Hudson River Park Trust asked for innovative concepts on how to change the course of waterfront construction and help build and maintain waterfront infrastructure in a more cost effective and sustainable manner. Meet the competition winners and hear their creative ideas for Changing the Course of building and maintaining our waterfront! Presentations will be followed by Q&A and Networking session.

This event, which will be held at the National Museum of the American Indian New York in Lower Manhattan, is free to attend.

Today, Mayor Bloomberg and NYCEDC announced the “LINK” Initiative (Leveraging Innovations and our Neighborhoods in the Knowledge economy), eight new programs designed to connect low-income New Yorkers with opportunities in the city’s knowledge economy. 

These programs are designed to strengthen the skills and employability of New Yorkers with low incomes and to foster business activity that provides employment opportunities for those with less formal training, helping to alleviate key challenges that prevent many from moving up the economic ladder. The LINK Initiative aims to increase...

Signs of spring: Nathan's has reopened on boardwalk and cars are back on the Wheel. Photo via Coney Island's Facebook page

The Coney Island community sustained enormous damage from Hurricane Sandy, but after months of diligent work, the businesses of America’s original amusement district will open this weekend for business.

On Saturday, March 23 at 1:00 PM, the day before the official opening, Nathan’s Famous will kick off its national hot dog-eating circuit with an

NYC Tech Talent Draft panel at Penn. Photo by Alex Tutiven/NYCEDC

By Virginia Maloney, Project Manager, and Betsy Scherzer, Senior Project Manager, Media & Emerging Technology

Eighteen startups representing NYC’s diverse leadership in media-tech, fashion-tech, and more joined NYCEDC for the ultimate roadtrip—the Spring 2013 NYC Tech Talent Draft! Over 160 talented technical students from Cornell, Drexel, University of Pennsylvania, and Princeton attended NYC Tech Talent Draft panels and networking receptions to learn about NYC’s booming, innovative tech community, get...

Congratulations to the winners of Take the H.E.L.M.: Hire + Expand in Lower Manhattan, a competition that encourages creative and innovative businesses to open a new office or expand an existing office in Lower Manhattan: Booker, STELLAService, Grapeshot, Paperless Post and The Flatiron School! Selected from a group of over 300 applicants, the five winners will each receive $250,000 to assist the businesses in moving to or expanding an existing location on or south of Chambers Street.  

An NYCEDC program administered by HR&A Advisors, Inc. and sponsored by the Lower Manhattan...

Today we announced the winner of this year's NYC Next Idea Competition: KisiBox, hailing from Germany, is developing smartphone-managed entry security systems for buildings, apartments, and other spaces. The team, comprising co-founders Bernhard Mehl, Maximilian Schütz, and Carl Pfeiffer, was selected from a highly competitive and diverse pool of more than 220 applicants submitted from 40 different countries. As winner of the Next Idea competition, Kisibox qualifies for $35,000 in prize-money to assist them in launching their innovative business in New York City.

"We have worked very hard on...

NYCruise has done it again! Mayor Bloomberg announced that New York City’s cruise industry generated a total economic impact of nearly $200 million in 2012! The 2012 Economic Impact Study detailed some of the highlights for the Cruise Industry here in NYC including:

• A 32% increase in passengers, up from 445,718 in 2009 to 587,727 in 2012
• A 40% increase in ship calls at the Manhattan and Brooklyn Cruise Terminals, up from 181 in 2009 to 251 in 2012

With over 200 entries to this year's NYC Next Idea 2013 global business competition, we have narrowed it down to six finalists! These top-tier teams will pitch their ideas this week to a panel of elite investors and entrepreneurs for the chance to win the $35,000 grand prize.

Meet the six finalist teams

1. BUZZtheBar is a marketing and ordering logistics services provider. BUZZtheBar’s order management system helps bars and nightclubs streamline their drink service by...