The NYCEDC together with Lower Manhattan Headquarters (LMHQ), a Lower Manhattan co-working space, hosted a discussion called “NYC Gov-Tech Startups: Making It Work.” While we are well aware of NYC’s assembly of “hyphen-tech” industries, this is one we were not aware of: Government-Technology. We have been working with a number of governments and cities over the past few years, learning many lessons along the way so we are always interested in what we can learn from others
The booming startup scene in New York is no secret. 2015 looks set to be a record high for both the amount of VC funding and number of unicorns in the city. One of the reasons New York has emerged as such an attractive location for startups is the talent available thanks to the number of top universities. Columbia, NYU & CUNY all now have their own incubator programs for their students encouraging entrepreneurship as compare by Observer Magazine. There have already been some promising results. For example, NYU’s Varick Street Engineering Incubator program has had 9 exists so far worth a combined $721M