NYCEDC


In the popular imagination, New York City is dominated by finance, media and other professional jobs of the kind likely to feature in glossy television shows. But the steady departure of manufacturing jobs that once employed many of the city’s residents has been embraced by city leaders as a challenge they can meet by leveraging access to the centers of commerce, education and technology for which the city is famous.

New York has traditionally ceded energy and cleantech leadership to other places, notably Houston and San Francisco, but is increasingly building public support for clean energy companies and projects that can replace its traditional manufacturing base and diversify the city’s economy. Hard on the heels of Governor Cuomo’s announcement of a billion-dollar Green Bank to underpin infrastructure development, the New York City Economic Development Corporation says it will open a new NYC Clean Technology Entrepreneur Center. Keep reading →