Posted October 19th, 2010
We’ve peeked in from time to time at the New York City Economic Development Corp.‘s efforts to jump start the city’s struggling media industry by encouraging innovation and creating new jobs. This summer the NYCEDC founded the NYC Media Lab at NYU-Poly with a $250,000 grant, to connect the city’s higher ed institutions with thousands of media and tech companies. And now it has an executive director: Roger Neal, the SVP/GM of BusinessWeek Digital from 2006-2009.
Neal was behind BW‘s Business Exchange, an expensive and intricate social net that cost the company some $25 million from launch through the Bloomberg acquisition. He also led McGraw-Hilll’s investment in LinkedIn (the investment stayed with the company when BW was sold.)