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Take the H.E.L.M. Second Round Launches

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Take the HELM

NYCEDC Executive Director Kyle Kimball discusses the program kick-off at TechCrunch Disrupt NY. Photo credit: Kelly Ernst/NYCEDC

With the success of the first iteration of Take the H.E.L.M.: Hire + Expand in Lower Manhattan, we are excited to announce that we will be relaunching the program! To encourage the continued growth of Lower Manhattan, Take the H.E.L.M. will award four grand prizes of $250,000 each and four runners-up prizes of $50,000 each to companies looking to move or expand into Lower Manhattan. The 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 the Financial District in order to encourage growth and diversify the area’s economy. The competition, an NYCEDC program administered by HR&A Advisors and sponsored by the Lower Manhattan Development Corporation, is open to any organization with plans to open a new office or expand an existing office on or south of Chambers Street. 

Up to 20 finalist companies will be selected to receive a $10,000 cash grant, an opportunity to interview with the distinguished Take the HELM Selection Committee, and will participate in exclusive business development programs in Lower Manhattan. At least one $250,000 prize will be reserved for startup applicants and one will be prioritized for a company that is new to New York. Applications for the first stage of the competition will be accepted through July 15, 2013, and a select group of applicants will be invited to provide supplementary application information for Stage II of the competition, including further information about their companies and their plans for growth in Lower Manhattan. The winners will be announced November 2013.

For more information or to apply, visit the Take the H.E.L.M. website.

“Take the H.E.L.M.’s first iteration spurred the growth and expansion of numerous businesses within Lower Manhattan, igniting the creative and technology sectors to go along with the area’s already vibrant financial industry. The second Take The H.E.L.M. competition will again provide companies with the tools and funding that they need in order to successfully mature and further develop Lower Manhattan into a diverse business community.”

NYCEDC Executive Director Kyle Kimball

The winners of the inaugural Take the H.E.L.M. competition – Booker, STELLAService, Grapeshot, Paperless Post and The Flatiron School – were selected from a high caliber group of 19 finalists, narrowed down from over 300 initial applicants.  Each finalist received a $10,000 cash grant. Watch their entry videos to learn more.

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