Quick Facts

As the innovation economy emerges around the world, New York City is diversifying its efforts to nurture a fast-growing sector of technology companies. NYU Polytechnic School of Engineering (School of Engineering) is shaping this innovation economy through its incubators – key engines of the School of Engineering's strategy of i²e (invention, innovation and entrepreneurship). The School of Engineering incubators provide guidance, expertise, and resources to entrepreneurs, helping their ventures grow, while attracting talent and funding to the Institute. The incubators also provide collaborative spaces where faculty, students, and alumni engage with the tech community.

The incubators are a public-private-academic partnership where young engineers are nurtured by university partners with support from government and the private sector. They provide startups with administrative support in addition to access to talent, markets, capital, research and resources. A strong network and environment predicated on success allows startups to flourish.

The School of Engineering Incubator History

  • In 2004, first business incubator initiated on the Downtown Brooklyn campus
  • In 2009, launched partnership with the New York City Economic Development Corporation (NYCEDC), to open the first New York City-sponsored incubator in Manhattan’s Hudson Square neighborhood
  • Also in 2009, received a grant from New York State Energy and Research Development Authority (NYSERDA) to open New York City Accelerator for a Clean and Renewable Economy (NYC ACRE), focused on helping cleantech startups grow
  • In 2012, opened a second incubator in Brooklyn’s DUMBO neighborhood, in partnership with NYCEDC and Two Trees Management

The School of Engineering i2e Initiatives – Quick Facts

  • 59 startups currently in the incubators
  • 35 companies graduated to a larger space in New York City or were acquired
  • 17 companies whose founders are NYU and the School of Engineering faculty, students or alumni
  • $55 million in investment capital raised by incubator companies
  • 900 new jobs created (full- and part-time employees, consultants, interns) by incubator companies
  • Companies whose founders are NYU and the School of Engineering faculty, students, or alumni include:

The School of Engineering

  • BLDG BLOK
  • Digital Assembly
  • SyntheZyme (graduate)
  • two lines and a dot
  • LifeEnsured (graduate)
  • Pixel506
  • Roomscaper
  • Evolving Technologies Corporation

NYU

  • Hotlist (graduate)
  • InclineHQ
  • LifeDots
  • nRelate (graduate)
  • SpotlessCity (graduate)
  • Streets of Walls
  • TapCommerce
  • Torch Films (graduate)
  • zenplaya

More Quick Facts for:

Varick Street Incubator (Includes NYC ACRE)
137 Varick Street, SoHo

  • Opened in July 2009 with the New York City Economic Development Corp. and Trinity Real Estate. Operated and managed by the School of Engineering
  • Startups include cybersecurity, financial tech, information tech, and social media
  • The first NYC-supported incubator
  • Current tenants: 30; Virtual tenants: 1
  • Graduates: 26

Learn more

NYC ACRE at the School of Engineering

  • Opened in 2009; NYC’s first and preeminent cleantech incubator
  • Internationally recognized hub and ecosystem of entrepreneurs and innovative local businesses that provide solutions to climate and energy issues
  • Tenant companies have raised more than $22 million in capital and created 100 full-time jobs since its inception
  • Seeded by a four-year, $1.5 million grant from NYSERDA, operated by the School of Engineering
  • Current tenants: 8; Virtual tenants: 2
  • Graduates: 8

Learn more

DUMBO Incubator
20 Jay Street, Brooklyn

  • Opened in January 2012 under the sponsorship of the New York City Economic Development Corporation and Two Trees Management
  • Startups focus on creative industries, digital media, mobile, and web 2.0
  • Provides a locus in DUMBO for programming and seminars aimed at the growing local tech community
  • Current tenants: 15; Virtual tenants: 4
  • Graduates: 1

Learn more

Download the Incubator Fact Sheet