Background

SBIR Impact is an initiative of the de Blasio Administration, the City of New York and New York City Economic Development Corporation. In a strategic review of the life sciences and healthcare sectors in NYC, NYCEDC held extensive conversations with senior academic stakeholders, investors and entrepreneurs in NYC and beyond. According to stakeholders, there was consensus that the City can play a more active role in recruiting federal R&D funding for proof-of-concept projects among NYC’s life sciences and healthcare entrepreneurs. SBIR Impact is designed to address this opportunity. These initiatives will support companies and entrepreneurs across the value chain, addressing unmet needs identified by senior stakeholders in the community (e.g., funding, space, and training).

About NYCEDC

New York City Economic Development Corporation (NYCEDC) is the City’s primary vehicle for promoting economic growth in each of the five boroughs. NYCEDC’s mission is to stimulate growth through expansion and redevelopment programs that encourage investment, generate prosperity and strengthen the City’s competitive position. NYCEDC serves as an advocate to the business community by building relationships with companies that allow them to take advantage of New York City’s many opportunities. Find us on Facebook or follow us on Twitter, or visit our blog to learn more about NYCEDC projects and initiatives.