New York City Economic Development Corporation

Supports community development and job creation

New York City, New York, United States

About New York City Economic Development Corporation

New York City Economic Development Corporation focuses on enhancing the economic landscape of New York City by collaborating with local communities. The organization implements various initiatives aimed at developing industries and businesses, which in turn helps to create quality job opportunities. Their approach includes offering training and skill-building programs to equip residents with the necessary tools for employment. Additionally, they invest in essential infrastructure to support these efforts. Unlike other organizations, their mission is specifically centered on community engagement and public investment, ensuring that the benefits of economic development are felt at the neighborhood level. The ultimate goal is to foster strong, vibrant communities through sustainable economic growth.

New York City, New YorkHeadquarters
1991Year Founded
VENTURE_UNKNOWNCompany Stage
Government & Public Sector, Social ImpactIndustries
501-1,000Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Unlimited Paid Time Off
Paid Vacation
Paid Sick Leave
Paid Holidays
Parental Leave
401(k) Retirement Plan
401(k) Company Match
Tuition Reimbursement
Professional Development Budget
Wellness Program
Gym Membership
Backup childcare
Flexible Work Hours
Employee Discounts

Risks

Competition from cities like Los Angeles could attract businesses away from NYC.
Maintaining long-term partnerships is challenging, as seen in delayed projects.
Rising demand for tech talent may increase costs for NYCEDC's initiatives.

Differentiation

NYCEDC partners with NYU-led incubators to foster innovation since 2009.
The Pilots at BAT program integrates climate innovation into urban development projects.
NYCEDC collaborates with OpenAI to enhance NYC's AI startup ecosystem.

Upsides

Digital game design incubators attract tech talent and foster innovation in NYC.
Partnership with OpenAI positions NYC as a hub for AI startups.
Atlantic Aviation's agreement extension boosts eco-friendly transportation initiatives.