May 28th, 2012

From Qwiki and Branch, to TutorSpree, more tech startups are moving their offices to New York City. Why the move? 

The New York Times reports:

Many new start-ups benefit from proximity to the media, advertising and fashion industries, New York’s strengths. And as the city’s industry grows, entrepreneurs say, it is offsetting some of the traditional disadvantages of being outside Silicon Valley.

…

People who have founded start-ups on the East and West Coasts say there can be an advantage to being in a place like New York where tech is not so all-consuming. Those at start-ups in New York repeatedly mention the intimacy of the relatively small but tight-knit industry here — in fact, they may be the only people who say they moved to New York because they liked its small-town vibe. 

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May 11th, 2012
Cornell Thinks Big As Well As Bold for Roosevelt Island Campus

nycedc:

The Daily Intel, New York Magazine, on architect Thom Mayne:

This project, he says, “challenges the ivory towerness of the campus and embeds it into the city.” That’s a crucial part of the whole rationale: to send sparks of invention leaping across the river, from the new campus to the medical complexes of Manhattan’s East Side and to startup ventures in Long Island City.

Reblogged from NYCEDC
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May 10th, 2012
Zoom collaborativefund: Of the seven leading technology regions in the US, New York was the only one to see an increase in VC deals between 2007 and 2011  (via)

collaborativefund:

Of the seven leading technology regions in the US, New York was the only one to see an increase in VC deals between 2007 and 2011 

(via)

Reblogged from Collaborative Fund
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May 9th, 2012
New York’s Tech Industry Tops U.S. in Growth, Study Finds

The study, “New Tech City,” conducted by the Center for an Urban Future, concluded that the tech sector is growing faster in New York City than anywhere else in America and that the city now trails only Silicon Valley as a hub for the development of new technology companies. 

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May 8th, 2012
The first-class universities, policy initiatives and Silicon Alley, she said, are producing “a groundswell of technology in New York. And we want to be in the places around the world where there is great science and technology.
Jennifer Chayes, Distinguished Scientist and the Managing Director of Microsoft Research New England 

(Source: theatlanticcities.com)

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May 8th, 2012

MakerBot expanding to MetroTech

Makerbot Industries LLC

Brooklyn-based MakerBot, 3-D printer manufacturer, is expanding to MetroTech and planning on adding at least 50 jobs this year alone. According to one of the company’s founders, Bre Pettis, “We’re going to put the tech in Metrotech” 

Read more in the Wall Street Journal

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May 7th, 2012
Why Has New York Become a Paradise for Tech Startups?

Asking budding entrepreneurs where they’d like to build their next startup often elicits the same three-word response: New York City.

Over the past four years, there’s been a 40% spike in startup financing in “Silicon Alley” — a bigger increase than anywhere else in the U.S.

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May 2nd, 2012

nycedc:

View more photos on Flickr from last week’s NYC Uncubed Tech Talent Fair, where 80 NYC tech startups recruited engineers, designers, and more startup talent for hire. Learn about NYCEDC’s programs to support the media and emerging tech industry in the City.

Photo credit: Betsy Scherzer/NYCEDC

Reblogged from NYC GOV
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April 25th, 2012
Walkabout NYC

On May 18th, members of the public have the opportunity to visit NYC start-up businesses as part of a city-wide open house. 

Those interested in participating in the event can RSVP starting May 1st. 

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April 24th, 2012
Zoom nycedc: Crain’s New York Business reports on Brooklyn’s Tech Hotbed: Dumbo and its neighbors the Brooklyn Navy Yard and downtown Brooklyn make up a distinct area that supports some 525 tech and creative firms employing more than 9,600 people, according to a study to be released this week. While that’s only a fraction of the city’s estimated 120,000 tech jobs, Brooklyn is drawing more Manhattan refugees who come for commercial rents (around 30% cheaper than in lower Manhattan) and the lifestyle.  And with the next Applied Sciences NYC Center for Urban Science and Progress coming to Downtown Brooklyn, it’s only going to get bigger and better.

nycedc:

Crain’s New York Business reports on Brooklyn’s Tech Hotbed:

Dumbo and its neighbors the Brooklyn Navy Yard and downtown Brooklyn make up a distinct area that supports some 525 tech and creative firms employing more than 9,600 people, according to a study to be released this week. While that’s only a fraction of the city’s estimated 120,000 tech jobs, Brooklyn is drawing more Manhattan refugees who come for commercial rents (around 30% cheaper than in lower Manhattan) and the lifestyle. 

And with the next Applied Sciences NYC Center for Urban Science and Progress coming to Downtown Brooklyn, it’s only going to get bigger and better.

Reblogged from NYCEDC
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