Posted March 29th, 2009
NYU-Poly News reported on March 6 that NYC Seed had selected the first 2 of 10 technology start-ups to receive $200,000: PlaceVine and Path 101.
In the above video, NYC Seed Managing Director Owen Davis answers our questions about making it as a start-up, the upsides of creating new businesses in a time of economic uncertainty, and whether NYC should or could be the Silicon Valley of the east.
NYC Seed is a partnership between Polytechnic Institute of NYU, the New York City Investment Fund, the New York State Foundation for Science, Technology and Innovation, and several other private and public organizations. It received nearly 300 proposals from start-ups seeking investment from a $2 million fund Mayor Michael Bloomberg announced at the kickoff of June 2008’s Internet Week.