Chapter News, New York Related News

Four big updates from NYC

I write with four great updates from New York City.  If any of these catch your interest, feel free to follow up with me, and I will be happy to connect you with the right people!

  • Adding to the eighteen existing City-supported incubators, New York City announced a number of new spaces that will come online in the near future:

    • A $136 million “Made in New York” campus at Bush Terminal in Brooklyn that will be a modern hub for garment manufacturing and film and television production.
    • The Union Square Tech Hub will be the new home of Civic Hall and a focal point for the civic tech community, as well as a flexible space for early-stage and growth-stage startups, training, and convening. 
    • The first publicly funded Virtual Reality & Augmented Reality (VR/AR) Lab in the United States.  The Lab will support growing VR/AR companies and serve as a hub for this emerging industry in NYC, which has seen over $50 million in investment and a 125% increase in job demand over the last year. The Lab will provide early growth-stage VR/AR companies with space, infrastructure, resources, shared access to tools and technologies, and a convening space and platform for the industry.

  • Mayor de Blasio unveiled a $500 million initiative, LifeSci NYC, to establish New York City as a global leader in life science research and innovation. In addition to creating a state-of-the-art life sciences campus, and leveraging the strength of the existing research institutions in NYC, this initiative will provide lab space, incubator space, talent, early stage funding, tax incentives, and other forms of support for the industry.

  • Coming on the heels of New York City winning the award for Best Smart City at this past November’s Smart Cities Expo in Barcelona, and reflecting our status as a global hub for smart cities innovation and business, New York City will be home to Smart Cities NYC ’17 from May 3-6, 2017. We are proud to support this event and are happy to connect you with the event’s organizers if you have any questions about speaking opportunities or participation in the expo. 
  • This week, the City of New York opened a new round of applications for the International Innovators Initiative (IN2NYC).  This program helps international entrepreneurs, selected through a competitive process, expand or relocate their business to NYC by enabling their access to cap-exempt H-1B visas.  Entrepreneurs must already have an established business offering a product and/or service by the time they apply.  We encourage entrepreneurs of all genders, races, nationalities, religions, and backgrounds, to apply to make New York City their business’ newest home. For more information, to review eligibility criteria, or to apply, please visit www.in2.nyc. Applications for this round are due May 3, 2017.

Compliments of Daniel Kadishon NYC Mayor’s Office for International Affairs