Summer Intern, Strategic Investments Group - Incentives at New York City Economic Development Corporation

New York, New York, United States

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Not SpecifiedCompensation

InternshipExperience Level

InternshipJob Type

UnknownVisa

Economic Development, Public Finance, Real EstateIndustries

Requirements

Preferred field(s) of study: Public Policy & Administration, Politics, Finance, Economics, Urban Planning, Sociology, or related field
Must be enrolled in an undergraduate degree program; recent graduates are also encouraged to apply
Demonstrated enthusiasm for t [incomplete in description]

Responsibilities

Develop a working knowledge of tax incentive and tax-exempt bond financing programs that are available through NYCIDA, Build NYC, and NYCNCC, respectively
Support team members in the development of materials that drive decision-making, including summaries, internal presentations, and external communications
Document processes, create guides for recurring tasks, and recommend new data visualizations to highlight portfolio insights
Provide operational support for portfolio monitoring, reporting, and integration between legacy and digital systems
Define and monitor market benchmarks in the NYC landscape that may influence NYCIDA, Build NYC, and NYCNCC and maintain a repository of findings
Identify key performance indicators and other ESG-related metrics to support future reporting and leverage portfolio data
Conduct quantitative and qualitative data analyses to extract impact trends and inform future project diligence
Assist in drafting materials that communicate program goals and achievements to strategic external audiences
Research emerging trends and opportunities to further develop and expand SIG’s programs

Skills

tax incentives

impact investments

economic development

financing solutions

tax-exempt bonds

tax credits

NYCIDA

Build NYC

job creation

private investment mobilization

New York City Economic Development Corporation

Supports community development and job creation

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.

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