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Next Steps for Applied Sciences NYC

 |  NYCEDC

Mayor Bloomberg announced that the City has received seven qualifying responses to Applied Sciences NYC, the City's groundbreaking economic development initiative to build or expand a state-of-the-art engineering and applied sciences campus in New York City. Seventeen world-class institutions from around the globe responded to the Request for Proposals, which seeks a university, institution, or consortium to develop and operate a new or expanded campus in the City in exchange for access to City-owned land and up to $100 million in City capital.

The responses to the Applied Sciences NYC Request for Proposals were from the following institutions for the following sites:

  • Amity University (Governors Island)
  • Carnegie...
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Hudson Yards Welcomes the Fashion Label Coach

 |  NYCEDC

Mayor Bloomberg announced today that Coach will be the first anchor tenant of Hudson Yards, the City's historic development project on Manhattan's West Side. Coach will take over 600,000 sq ft, more than one-third of the available commercial space at the initial tower of the Eastern Rail Yards site; together with the completion of the #7 subway line extension and the new Hudson Boulevard Park, this will kick-start the development of the...

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Hudson Yards

Heading to the SXSW Startup Village

 |  NYCEDC

Thanks to everyone who voted for our SXSW panel proposals back in August! We're excited to announce that NYCEDC panel proposal, "Silicon Alley: Startup Ecosystem That Never Sleeps," was selected from 3,200 proposals to be part of the SXSW Startup Village next March.

Start spreading the news...the New York City tech renaissance is underway. Silicon Alley, as NYC’s booming tech startup cluster is known, has a vibrant culture with unique competitive advantages. Through its recent rapid expansion, Silicon Alley has outpaced Boston and begun to rival Silicon Valley. What will Silicon Alley look like...

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New York Times: "Moving to U.S. and Amassing a Fortune, No English Needed"

 |  NYCEDC

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 two kitchen...

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Roadify Reflects on Winning NYC BigApps 2.0

 |  NYCEDC

Guest Blog by Dylan Goelz, Head of Marketing and Design, Roadify

For our team, the NYC BigApps ceremony this year was a surreal event.  We were there as happy spectators, content to enjoy a free beer and congratulate the winners. After all, our basement startup had fought well, but ended in second place in the Popular Choice category, ceding the podium to a surging Sportaneous. So we prepared ourselves for a relaxed event of mingling amongst fellow contestants. To our complete shock, we instead found ourselves onstage shaking hands with Mayor Bloomberg,...

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NYC BigApps

Competition THRIVE Finalists Announced

 |  NYCEDC

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 their access to...
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NYC Tech Stats & Facts

 |  NYCEDC

NYC Tech Stats & Facts infographic thumbnail

Why choose NYC as the home for your new media enterprise?

With more than $642.2 million in venture capital flooding the New York Metro area in Q2 2011, the City surpassed Boston as the leading location for deals outside Silicon Valley. In fact, a total of 98 companies in the Manhattan area received funding at that time.

Venture capitalists invested $2.2 billion in the New York City metro area last year, up 30% from 2009.

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City of Water Day: A Beer Bottle’s Journey

 |  NYCEDC

On Saturday, July 16th, about 15,000 people attended the Metropolitan Waterfront Alliance’s 4th annual City of Water Day Festival. City of Water Day is a free event that celebrates the magnificent waterways surrounding New York City, educating the public about the waterfront’s potential to be a vibrant and diverse place to live, work and play—in essence, a celebration of the City’s “sixth borough.”

NYCEDC participated by demonstrating the life-cycle of how one of New York City’s most important imported goods—beer—travels by water from Rotterdam in the Netherlands to neighborhood grocery stores and restaurants through the City’s Red Hook Container Terminal,...

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Green, Waterfront

Fast Company: “Nerd York City: Why Bloomberg Wants A NYC Tech Campus”

 |  NYCEDC

Fast Company writes about our Applied Sciences NYC initiative:

Mayor Michael Bloomberg's administration has been vocal about their desire to bring a world-class applied science school to New York City. The media-titan-turned-mayor is accepting proposals for an applied science campus to be built on city land; submissions are due on Friday, October 28. A who's-who of local and national names are hoping NYC will give them the contract. . . .

Find out more by visiting the NYCEDC website, and like Applied Sciences NYC on Facebook.

Photo credit: Fast Company

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