Tandon in the News
Study finds NYU-Poly incubators have generated $251M in economic activity
- brooklyneagle.com July 29th, 2013
- Source: http://www.brooklyneagle.com/articles/study-finds-nyu-poly-incubators-have-generated-251m-economic-activity-2013-07-29-120000
Three technology incubators operated by Polytechnic Institute of New York University (NYU-Poly) have generated $251 million in economic activity since 2009, created more than 900 jobs and contributed $31.4 million in tax revenue, according to a report released on Friday.
By 2015, according to the study they are projected to nearly triple their economic output to $719 million, 2,500 jobs and $92 million in tax revenue.
The economic impact study was conducted by Dr. Jill Kickul, director of the NYU Stern School of Business Program in Social Entrepreneurship.