BioAccelerate NYC
In May 2010, the New York City Investment Fund announced the six winners of its BioAccelerate NYC Prize, a competition that awards New York City based researchers $250,000 to conduct late-stage, “proof-of-concept” research on products that improve human health. The goal of BioAccelerate NYC is to catalyze the creation of a life sciences industry sector in the city by increasing the number of commercial spin-offs from New York’s universities and research institutions. The competition addresses the critical funding gap – known as the “valley of death” – between projects too commercial to be eligible for academic or National Institute of Health grants but also too speculative to attract private sector investment. MORE INFO »
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BioAccelerate NYC
In May 2010, the New York City Investment Fund announced the six winners of its BioAccelerate NYC Prize, a competition that awards New York City based researchers $250,000 to conduct late-stage, “proof-of-concept” research on products that improve human health. The goal of BioAccelerate NYC is to catalyze the creation of a life sciences industry sector in the city by increasing the number of commercial spin-offs from New York’s universities and research institutions. The competition addresses the critical funding gap – known as the “valley of death” – between projects too commercial to be eligible for academic or National Institute of Health grants but also too speculative to attract private sector investment. MORE INFO »
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East River Science Park
The Alexandria Center for Science and Technology at East River Science Park is poised to become one of the world's leading centers for life science and technology commercialization in the heart of New York City. The New York City Investment Fund has committed to invest up to $15 million in capital to be used for ERSP tenant improvements. The Investment Fund and its network of corporate investors are ready to work with companies to help them grow and succeed in New York City. MORE INFO »
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China Center
The China Center is the first private commercial tenant to lease space in the new One World Trade Center building that is rising in Lower Manhattan. Due to open a marketing office at 7 World Trade Center in the summer of 2010, the China Center will be a business and cultural facility that provides conference and office space, as well as business assistance, to Chinese companies seeking to establish a presence in New York.
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NYC Seed
Launched in 2008, NYC Seed is a unique public-private initiative to support seed-stage technology entrepreneurs in New York City. The organization provides funding and mentorship to small, determined teams of entrepreneurs to help them move from an idea to a product. NYC Seed is a partnership between the New York City Investment Fund, the Industrial and Technical Assistance Corporation, the New York State Foundation for Science, Technology, and Innovation, and Polytechnic Institute of NYU. MORE INFO »
