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Thursday May 23, 2019


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NY’s Tech Community and the NYCEDC – A Meeting of the Minds?

In a post featured today on Media MobBen Popper looks at the New York’s City’s Economic Development Corporation (NYCEDC) and what the agency has done to foster growth in Silicon Alley, but also notes a possible disconnect between the two sides. Some of these frustrations were reported earlier this week by NY Convergence, about how some members of the NYC tech scene feel that NYCEDC’s efforts have been more for show, rather than for inroads into the community.

In the Observer article, Popper touches base with several key figures who echoed these sentiments, including Anil Dash, who says NYCEDC, seems “to be starting from the side of the usual economic development machinery and trying to ‘tech-ify’ it, if you’ll pardon the expression. Will that work? I don’t know. But it seems like it must be at least a little less efficient than it could be. ”   The article also covers the positive developments that have come from the corporation, including its Big Apps competition and its backing of startup incubators like The Hive at 55.

Though there may be a difference  of opinions between the NY tech community and the NYCEDC, the Observer found that this friction could be a sign of better things to come,  as it is indicates the two sides may want to meet somewhere in the middle.  Jonathan Bowles, Director of the Center for the Urban Future tells the Observer that  “we wouldn’t have been having this conversation five years ago, because the city wasn’t at the table. In the last two years there has been a big shift, with the city really trying to get behind the local tech industry.”

Media Mob (The New York Observer)