Center For Economic Transformation
NYCEDC works to diversify the economy and position New York City as the place for innovation to thrive. The Center for Economic Transformation (CET) at NYCEDC develops the City’s major business sectors by addressing current challenges faced by industries through analysis of current economic trends, developing strategies and solutions, and implementing programs that help businesses expand and succeed. CET pilots nearly 100 initiatives that support entrepreneurship across all sectors, including providing access to capital, incubators and affordable workspaces, and help legacy industries like media, fashion, and manufacturing transition to new business models. CET is working to capture a leadership role for the City in emerging sectors like bioscience and the green economy. CET is also focused on spurring entrepreneurship through business training program, an angel-investment fund, and a growing network of nine incubators that provides affordable space to hundreds of businesses.
Read more about this topic: New York City Economic Development Corporation
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