New York City And Paris Announce Winners of Business Exchange to Connect Local Companies to International Opportunities And Markets
New York City Economic Development Corporation (NYCEDC) and Paris&Co, the economic development agency of Paris, today announced the winners of the NYC-Paris Business Exchange, which provides New York City-based start-ups with access to business opportunities in Paris, and helps Paris-based companies expand their footprints in New York City. The program will help tech, arts, fashion, design, tourism, food and beverage, and sustainability companies overcome barriers that inhibit entry to foreign markets, and builds upon both Cities’ shared commitment to global entrepreneurship and innovation. This exchange is part of the larger NYCEDC Global Business Exchange, which will provide opportunities for business expansion to cities around the world, and will bring top start-ups to New York City to grow and thrive. The next city exchange to launch will be with Milan, Italy.
NYCEDC is partnering with the Made in NY Media Center by IFP to host the chosen companies from Paris, while Paris&Co, the largest incubator network in Europe, and Ateliers de Paris, the Paris innovation platform dedicated to creation, design, and fashion, will host the companies originally from New York City. Air France, the official airline for the program, will provide roundtrip airfare for the winning companies.
“New York City and Paris are kindred spirits: creative, resilient, and always on the cutting edge,” said NYCEDC President Maria Torres-Springer. “We’re very excited to welcome some of the top French companies to the fastest growing innovation ecosystem in the world. And we’re sure that our homegrown New York companies will show the city of lights what tech in the City that Never Sleeps is all about.”
“The NYC-Paris Business Exchange revealed the attraction that both cities have on startups,” said Karine Bidart, Co-CEO, Paris&Co. “The program will be a great opportunity for entrepreneurs to test a new market and to get connected to targeted business and innovation networks, in the best practical conditions.”
"Connecting international entrepreneurs to New York’s tech ecosystem and to our own community of innovators is key to our mission and we are thrilled to be welcoming these companies into our community, said Joana Vicente, Executive Director, Made in NY Media Center by IFP.”
“The spirit of entrepreneurship and international commerce that is fundamental to this program again demonstrates how French and American businesses share common ground when it comes to developing new technologies and leading-edge products,” said Martin Bischoff, Managing Director, French-American Chamber of Commerce. “Our experience serving on the NYC-Paris Business Exchange was incredibly rewarding as we were able to see some of the most revolutionary ideas coming out of these two great world cities. We really look forward to working more closely with the award winners as they come to better understand the opportunities available to them on both sides of the Atlantic.”
The winners are:
NYC to Paris
Adam Frank Incorporated: AFI invents, designs, and manufactures products and installations which add natural light phenomena to the built environment.
Authorea: Authorea is an online word processor that makes research writing and publishing faster and easier. With more than 80,000 members and a weekly growth rate that has doubled in the past nine months, Authorea is currently the fastest-growing science publishing platform in the world.
AXS Lab: AXS Lab is an agency devoted to the influence and promotion of equality through projects such as AXS Map, an innovative app which allows users to share, browse, and rate businesses based on accessibility by harnessing the power of a crowd worldwide.
Mogul: Mogul is an award-winning technology platform for women reaching more than 18 million per week across 196 countries and 30,470 cities worldwide.
Mota Word: MotaWord provides accurate translation services in over 70 languages using proprietary project management software that allows it to manage a workforce of over 8,500 translators globally with minimal human oversight and overhead costs.
RecycledBrooklyn: RecycledBrooklyn is a company dedicated to putting locally-salvaged materials destined for the landfill back into circulation in the form of handmade, one-of-a-kind furniture pieces.
Tucker: Tucker is outstanding clothing made with love in New York City.
Tyga-Box: Tyga-Box is the U.S. leader of innovative moving solutions enabling others to significantly reduce their moving costs and packaging impacts to people and planet by providing a reusable, integrated system of plastic boxes and dollies eliminating the use of cardboard boxes.
Paris to NYC
Adotmob: Adotmob is a technology company at the forefront of the mobile programmatic ecosystem, focusing on delivering quality mobile campaigns using proprietary infrastructure and algorithms.
Algama: Algama is creating healthy, tasty, and sustainable alternative food by making full use of the unique nutritional potential of Microalgae.
Glory4Gamers: Glory4Gamers is a leading online eSports tournament organizer now running more than 500 tournaments per week for 300,000 passionate gamers.
Interactive Mobility: Interactive Mobility creates innovative passengers entertainment solutions for transport and hospitality companies (i.e., airlines, airports, hotels, taxis, etc.).
Leka: Leka Inc.'s mission is to help exceptional children live exceptional lives. Their first product, Leka, is a small, spherical, autonomous smart toy, specifically designed to help take care of children with special needs.
Natural Grass: Natural Grass has developed AirFibr, a hybrid grass technology for sports pitches that will reduce the risks of injuries for the players.
Sequencity: Sequencity is the most friendly bookstore of digital comics that connects you to passionate people.
SlimCut Media: SlimCut Media is an advertising technology company that has created a suite of video products for premium publishers to generate and manage new video advertising opportunities.
smArtapps: smArtapps is the French leader of digital solutions for museums and tourist sites. They specialize in mobile applications as interactive guide on smartphone and tablet, indoor geolocalization, digital panels, and Wi-Fi solutions for on-site app downloading.
Tech'4'Team: Tech'4'Team is the French leader in yield management for the entertainment business. They have the first SaaS platform which enables entertainment organizers to increase income and attendance thanks to predictive models and real-time recommendations.
The NYC-Paris Business Exchange was originally conceived during discussions between Mayor Bill de Blasio and Mayor Anne Hidalgo to further support job creation, innovation, and economic opportunity by building upon the international standing and bi-lateral partnership between both cities. The program builds upon this relationship which has been strengthened as a result of the economic development priorities both cities share, as well as the leadership role both mayors play in international efforts to support and create diverse urban economies where families, businesses, and neighborhoods thrive.
With access to over 500 million customers in the European market, home to the highest concentration of Fortune 500 companies in Europe, and 10,000 startups in a booming innovation ecosystem, Paris is a central hub from which emerging New York City-based businesses can grow and diversify.
NYCEDC is partnering with La French Tech NYC to provide mentorship and support during the companies’ tenure. La French Tech NYC, an umbrella group launched in June 2015 that includes the French Embassy to the United States, the Consulate General of France in New York City, the French economic development agency Business France, the French American Chamber of Commerce, as well as French Founders, aims to give more visibility to New York City-based French start-ups and help other French tech companies grow in New York.
New York City Economic Development Corporation (NYCEDC) is the City's primary vehicle for promoting economic growth in each of the five boroughs. NYCEDC's mission is to stimulate growth through expansion and redevelopment programs that encourage investment, generate prosperity, and strengthen the City's competitive position. NYCEDC serves as an advocate to the business community by building relationships with companies that allow them to take advantage of New York City's many opportunities. Find us on Facebook or follow us on Twitter, or visit our blog to learn more about NYCEDC projects and initiatives.
Paris&Co finds and provides support for foreign direct investments, promotes international attractiveness of Paris abroad, and fosters the Parisian innovation ecosystem by incubating startups, experimenting with new solutions, organizing events, and encouraging cooperation between startups and global players. With an international team, Paris & Co incubates 200 startups, runs more than 350 projects targeting foreign companies, and hosts over 200 events every year.