Mayor Bill de Blasio today announced a first-of-its-kind targeted loan program that will make more than $5 million in affordable capital accessible to women entrepreneurs seeking to grow their businesses. WE Fund: Growth is designed to overcome barriers faced by women seeking to grow their businesses. It will offer loans between $25,000 and $125,000.
New York City and France today announced a partnership to fuel international expansions and investment in the tech and innovation sectors. The partnership was developed by New York City Economic Development Corporation (NYCEDC), the Consulate General of France, and La French Tech NYC, a French-government supported network of entrepreneurs, investors, and tech leaders in New York City. The announcement kicks off a critical year for investment between the two ecosystems, as 30 French companies are expected to expand and create jobs in New York City by the end of 2018.
There are more jobs in the city than at any time in history, and the unemployment rate has fallen to historically low levels. Yet this success doesn’t mean that the city will keep all of its residents. Each year, thousands of people arrive in New York City and settle here, and thousands of people leave.
New York City Economic Development Corporation, on behalf of the City of New York, is interested in collaborating with the life sciences research and development community to activate a network of Applied R&D Facilities across the City. These Projects will accommodate the specialized infrastructure and talent needs of both City-based institutions and new life sciences ventures, enabling academic and industry scientists to co-develop and test commercially viable technologies.
New York City Economic Development Corporation (“NYCEDC”), on behalf of the City of New York, is seeking submissions of Expressions of Interest, in the form of project proposals, from qualified not-for-profit organizations that plan to acquire, construct, and/or renovate industrial real estate in the City.