NYCEDC, QEDC, and Elected Officials to Open the Entrepreneur's Space
New York City Economic Development Corporation (NYCEDC) and Queens Economic Development Corporation (QEDC) will be joined today by Borough President Helen P. Marshall, Council Member Jimmy Van Bramer and Council Member Julissa Ferraras to open the Entrepreneur’s Space, an incubator for food businesses in Long Island City, Queens. The 5,000-square-foot space includes four commercial-grade kitchens and is open around-the-clock to meet the demands of tenants. Currently, 95 businesses use the kitchens to produce products ranging from Whoopie Pies and Indian delicacies, to organic dog biscuits, cakes and cookies, and catering services. In addition, the Entrepreneur’s Space contains a small business incubator offering affordable workstations, job training programs, and mentoring services.
“The Entrepreneur’s Space helps culinary entrepreneurs meet one of their biggest challenges: gaining access to affordable commercial-grade equipment,” said NYCEDC President Seth W. Pinsky. “By making it easier for new food businesses to launch in New York City, we are helping to support the food production, manufacturing and distribution sector -- a part of our economy with great opportunity for growth.”
“By launching the Entrepreneur’s Space, the Queens Economic Development Corporation is holding true to its mission of creating and retaining jobs in the Borough and the City,” said QEDC President Seth Bornstein. “The incubator will be a home for start up businesses, provide business counseling and offer networking opportunities for all those seeking to strengthen the economy through innovative entrepreneurship.”
The Entrepreneur’s Space is managed by Mi Kitchen es su Kitchen, a Kitchen incubator consultancy founded by Kathrine Gregory in 1993. Its kitchens include a variety of ovens, tables, counters and supplies including mixers of various sizes, a dough processor, steel jacketed tilt kettles, dough rounder, immersion blender and a cold room for finishing. Cold dry storage and lockers are also available and there is a supply of equipment available for tenant use. Space is available for rent on an as-needed basis for 8-hour shifts and cost $231.00 per day shift (8:00 a.m. – 4:00 p.m.), $189.00 per night shift (4:30 p.m. - 12:30 a.m.), and $154.00 for overnight shifts (1:00 a.m. - 7:30 a.m.). Rates include garbage pick-up, cleaning supplies and the use of a part-time kitchen assistant for two hours during each shift.
“This space will prove to be a success story with a legacy of helping individuals and businesses in a multitude of ways,” said Queens Borough President Helen Marshall. “The space it provides, the programs, the counseling and the opportunities to grow are winning ingredients that make a recipe for success. I thank all those involved and look forward to watching the birth of new endeavors, thanks to this incubator.”
“New York City boasts a solid food manufacturing industry, making products from cuisines all around the world,” said City Council Speaker Christine C. Quinn. “This kitchen incubator will provide the ingredients to help our local food entrepreneurs turn their passion for cooking into thriving businesses. I want to thank NYCEDC President Seth Pinsky and President of Queens EDC Board Gail Roseman for turning this space into a recipe for success for budding culinary entrepreneurs.”
“The Entrepreneur’s Space is an innovative theme park of ideas and resources for our local small businesses,” said Council Member Jimmy Van Bramer. “This 5,000-square-foot one-stop shop will provide endless economic opportunities for small businesses owners and I am thrilled to see such a communal and economically stimulating workspace take roots in my district in Long Island City."
“It is programs like this that will provide the catalyst for entrepreneurs to prosper in our City,” said Council Member Julissa Ferreras. “I look forward to tasting some of the great foods that our entrepreneurs will create in this new space.”
“The partnership with QEDC is a boon to all the entrepreneurs renting at the facility,” said Mi Kitchen es su Kitchen® Founder Kathrine Gregory. “Entrepreneurs often need assistance immediately to solve a problem. The counselors from QEDC are able to help and guide them on the path to success”
In addition to offering low-cost kitchen rentals, the Entrepreneur’s Space includes a small business incubator with seven work stations and two private offices. Desks are available from 8:00 a.m. to 9:00 p.m., seven days a week. Rents range from $350 per month for a single desk to $750 per month for a two-person office. Two classrooms are also available for organizations needing to secure space for job training classes or seminars.
The Entrepreneur’s Space provides access to business counseling, technical assistance and classes through the QEDC. New York City Economic Development Corporation provided a $170,000 grant to support the launch and operations of The Entrepreneur’s Space.
New York City Economic Development Corporation 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 and follow us on Twitter to learn more about NYCEDC projects and initiatives.
The mission of the Queens Economic Development Corporation is to create and retain jobs through programming that grows our neighborhoods, assists small businesses and promotes tourism and business development. The QEDC is a nonprofit corporation governed by a board of directors representing the many community and business sectors. QEDC is a focal point for economic development efforts in a Borough that encompasses 2.3 million people from every corner of the world.