City and NYU-Poly Announce Dumbo ‘Clean Tech’ Incubator
- Al Barbarino for commercialobserver.com June 18th, 2013
- Source: http://commercialobserver.com/2013/06/city-and-nyu-poly-announce-dumbo-clean-tech-incubator/
The city and the Polytechnic Institute of New York University are launching a 10,000 square foot clean tech incubator at Forest City Ratner’s 15 MetroTech in downtown Brooklyn.
The Clean Technology Entrepreneur Center will house 20 startups focused on solving urban energy and sustainability issues, NYU-Poly and the NYC Economic Development Corporation announced this morning at a breakfast held at NYU-Poly.
“New York City is committed to addressing the global challenges associated with climate change, and we in the Bloomberg Administration have taken a number of important steps to ensure that we are a world leader in sustainability and resiliency in the 21st century,” EDC President Seth Pinsky, in a prepared statement sent before the breakfast.
The proposal was selected following a request for proposals issued in January by the EDC, which will provide up to $750,000 in seed funding over two years.
Scheduled to open this fall, it will feature a 2,000-square-foot demonstration center to showcase new products and technologies. The incubator will also organize education events, extending NYU-Poly’s K-12 STEM programming and developing new initiatives.