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Impact - February 2010

Manh. Borough President Announces Plan to Implement CUF Idea for Growing NYC’s Innovation Economy

In his February 2010 State of the Borough Speech, Manhattan Borough President Scott Stringer singled out CUF's 2009 report, "Building New York City's Innovation Economy" while outlining a plan to diversify the city's economy and spark new job growth in the tech sector.

Tags: economic growth innovation economy higher education entrepreneurship

In his February 2010 State of the Borough Speech, Manhattan Borough President Scott Stringer singled out CUF's 2009 report, Building New York City's Innovation Economy while outlining a plan to diversify the city's economy and spark new job growth in the tech sector. The Borough President embraced CUF's recommendation to create "Innovation NYC," an intermediary that could foster linkages betweens scientists, entrepreneurs and investors. He then unveiled the creation of a Presidents Council for Manhattan's Innovation Economy, made up of the presidents of the borough's leading scientific universities and research institutions. Borough President Stringer said: "As recommended by the Center for an Urban Future in a report released in September, we should create 'Innovation NYC,' an intermediary for building bridges between universities and entrepreneurs, with the mandate to grow the tech sector. It's a program that has worked in other cities from Boston to San Diego—and it can work here."