It’s an exciting week, it’s the Web 2.0 Expo in New York City! In addition, it’s my first trip to New York City and I’m enjoying experiencing the local tech scene.
Since arriving, I’ve had the pleasure of learning quiet a bit about what the city is doing on both the social and technology front. Coming from San Francisco, a huge technology hub, it’s easy to assume that the rest of the tech world is very similar. In Silicon Valley, there are new start-ups launched everyday and an amazing amount of entrepreneurs, engineers, marketers and more to support a robust technology atmosphere.

This morning, I sat in on a presentation by Seth Pinsky, President of New York City Economic Development Corporation, as he outlined the key efforts New York City is working on to keep key technology talent in the city as well as attract entrepreneurs and engineers away from the better known technology hubs like Silicon Valley. From incubators that provide low rent office space to city-funded angel investors to local training programs and competitions, NYC is committed to moving the tech start-up talent to the East Coast.
One part of this effort is geared specifically at education institutions to attract and foster science and engineering talent in New York City. The program, dubbed Applied Sciences NYC, is even asking institutions to submit and RFP (request for proposal) and the city will provide property to build on and develop from the ground up. So far, more than 25 top tier institutions have submitted proposals.
As the session closed, I asked what I think is a key question: can this model be applied beyond New York and the technology sector. Seth very much believed that it can and should although his focus in 100 percent NYC right now.
What do you think? Is NYC in a good position to attract the talent they need? To learn more about Applied Sciences NYC, click here.