The 2014 Competition THRIVE Winner Is...
We are thrilled to announce South Bronx Overall Economic Development Corporation (SoBro) as the grand prize winner of our third annual Competition THRIVE.
SoBro is taking home a $100,000 award to fully implement their United Business Cooperative. Congratulations, SoBro!
Competition THRIVE challenges community groups, businesses, and other organizations from the public and private sectors to develop creative proposals that support entrepreneurship in...Read More
3rd Annual Competition THRIVE Finalists
Immigrants are a driving force of New York City's economy.
We are pleased to announce the finalists for the third annual Competition THRIVE, a program that aims to support New York City's vibrant community of immigrant entrepreneurs. Competition THRIVE, held in cooperation with the Western Union Foundation and the Deutsche Bank Americas Foundation, invites proposals from community groups, businesses, and other organizations to develop programs that will assist immigrant entrepreneurs.
New York’s foreign-born...Read More
Immigrant Bridge Program: Connecting Highly-Skilled Immigrants to Jobs in Growth Sectors
By Debbie Wibowo, Senior Associate, Outreach at Upwardly Global
Edwin moved to the U.S. from Colombia with a Bachelor’s Degree in Environmental Engineering and two years of professional experience with reducing contamination in water supply systems. Like many immigrants, Edwin moved to the U.S. to improve his career opportunities; however, upon arrival he quickly realized that segueing into an engineering career was harder than he anticipated.
To make ends meet, he worked at SAKS Fifth Avenue as a customer service assistant, but was anxious to work in his field and felt that every day he spent side-tracked by his survival job was...Read More
Second Annual Competition THRIVE to Support Immigrant Entrepreneurs
Today, NYCEDC, Deutsche Bank Americas Foundation, Garfield Foundation, and the Lawrence N. Field Center for Entrepreneurship at Baruch College announced the second annual Competition THRIVE, which seeks to generate proposals for programs to support immigrant entrepreneurs in NYC. With the success of the first Competition To Help Reach Immigrant Ventures and Entrepreneurs (THRIVE) last year, we’re launching an expanded competition this year to broaden eligibility to the private sector, encouraging new and innovative ideas to assist immigrant...Read More
2nd Annual NYC Food Manufacturers Expo
The 2nd Annual NYC Food Manufacturers Expo is the place where you can meet, greet, and eat! Learn how to gain a competitive advantage and grow your business from industry experts. Join NYCEDC President Seth Pinsky, the National Association for the Specialty Food Trade (NASFT), NYC food manufacturers, and food brokers, buyers and distributors at the upcoming NYC Food Manufacturers Business Expo and Networking Event.
Networking opportunities and workshops will showcase hot new products that are being produced right here in NYC and connect attendees to brokers, buyers, distributors, suppliers, and industry experts. ...Read More
The Winner of Competition THRIVE Announced
Last night, NYCEDC, the Deutsche Bank Americas Foundation, and Baruch College announced the winner of the Competition To Help Reach Immigrant Ventures and Entrepreneurs (THRIVE), the City-sponsored competition which generates financially sustainable business plans to address the challenges faced by immigrant entrepreneurs in New York City. The Queens Economic Development Corporation (QEDC) was selected as the winner and will receive $100,000 to further expand their foreign language home improvement contractor training program.Read More
New York Times: "Moving to U.S. and Amassing a Fortune, No English Needed"
Today's read: The New York Times highlights the growing success of immigrant entrepreneurs across the City, despite language barriers.
Immigrants are a significant and important piece of the City’s entrepreneurial economy, as immigrants account for 49% of all self-employed workers in New York City. In addition, foreign-born workers comprise about 70% of those working within the food manufacturing industry.
NYCEDC has a number of programs and initiatives to support both immigrant entrepreneurs and the food manufacturing industry, including...Read More
Competition THRIVE Finalists Announced
Congratulations to the five finalists of Competition THRIVE, a business plan competition to support immigrant entrepreneurs in New York City. Competition THRIVE is jointly funded by NYCEDC and Deutsche Bank Americas Foundation, and is administered by Baruch College's Lawrence N. Field Center for Entrepreneurship.
Each of the finalist organizations below will receive seed funding of $25,000 to address challenges that face this immigrant business community, including credit access, financial management, language barriers, and connections to business networks. Selected from 39 proposals, the winning five proposals were:
- Accion USA: Program will address immigrant entrepreneurs and...