Wednesday June 19, 2019

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NY Sees Tech Future in New Campus, As Deadline Looms for Bids Today

New York City Mayor Michael Bloomberg opening ...

Image via Wikipedia

As it has been oft reported since the news was announced a couple of months ago, NY intends to contribute free land and $100 million to a university who is willing to build a new applied science campus in the city. Mayor Bloomberg has since vocalized city hall’s desire to build upon the momentum of Silicon Alley and accelerate the city’s tech scene by bringing it a world-class science and tech school, with universities including Cornell, Columbia, NYU, and Stanford all competing for the opportunity to expand their institutions.  The schools have been submitting their formal proposals, as today Friday, October 28 is the deadline for all the insiuttions that wish to be considered.

According to Fast Company, however, the city, though full of internet startups and brilliant techies, lacks the presence of fields in biotechnology and robotics, and due to its geographic location – lacking the expansive space needed to build horizontal corporate campuses and testing facilities  – the city’s progression has been hindered.

The more significant problem is that tech hubs typically emerge from major universities, not often the other way around, as it would be with Silicon Alley in NY. The city, though, is now recognizing a need for the presence of a major science and technology institution.

Fast Company