New York City Leads The Way in Startup-Supportive Policy

New York City ranked first in a survey of 40 global cities, in the way it utilizes technology to foster an innovative economy.In its first ever study of economic innovation, City Initiatives for Technology, Innovation and Entrepreneurship (CITIE) named New York City #1 in the world for a public policy ecosystem that is supportive of startups. Placing ahead of London, Helsinki, Barcelona, and Amsterdam, New York Citys long-term investment in tech appears to have paid off.The 56-page study, sponsored by British charity Nesta, management consultancy firm Accenture, and Future Cities Catapult, analyzed 40 international cities in dimensions including openness, infrastructure, and leadership.New York Citys greatest strength was its role as a strategist, developing world-class infrastructure that allows for clear, consistent development and innovation. The NYCEDC-led Applied Sciences Initiative, based at the Cornell-Tech Campus, helped carve out a physical campus that helped anchor, and demonstrated the Citys commitment to the tech sector.

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