NYCEDC today announced the official opening of public voting for New York’s Next Top Makers, a competition to promote innovation in New York City. The competition will act as a business accelerator for New York City-based product entrepreneurs, inventors and makers, with six finalists being chosen to receive assistance on the path to commercialization, including studio space, business support and mentorship from industry experts.
Mayor Michael R. Bloomberg, Deputy Mayor for Economic Development Robert K. Steel, and Department of Housing Preservation and Development Commissioner Mathew M. Wambua were joined today by New York State Homes and Community Renewal Commissioner/CEO Darryl C. Towns, to break ground on the first two residential buildings of the Hunter’s Point South development.
The Department of Small Business Services (SBS) and the New York City Economic Development Corporation (NYCEDC) today announced more than $11 million in loans approved for small businesses through the City’s Emergency Loan Fund, which was made available just days after Hurricane Sandy.
Industry and government agencies can significantly bolster the competitive position of JFK’s air cargo services by improving truck access, replacing outdated buildings and business practices, while also boosting promotional efforts, according to a study released today by the Port Authority of New York and New Jersey and the New York City Economic Development Corporation.
NYCEDC and Parsons The New School for Design last weekend held the second annual Fashion Draft NYC, one of the City-sponsored initiatives to support the long-term growth of the fashion industry in New York City.