New York City has just recently announced the H.E.L.M (Hire Expand in Lower Manhattan) contest, its latest initiative to bring more startups into Manhattan’s growing tech scene, which promises up to $1.2M in funds to startups looking to reside in Lower Manhattan. Sponsored by NYCEDC, LMDC and HRA, this contest is one piece of a much larger goal spearheaded by NY: to rapidly boost the city’s tech scene through public and private efforts. What’s interesting about H.E.L.M, however, is its substantial prize and the target goal of growing the startup and tech presence in Wall St. territory, an area that has long been dominated by the financial sector.
NYC’s $1.2M Contest Will Bring Startups Into Wall St. (via thenextweb)
Out with the finance industry and in with tech startups…I have no problem with that.
(via thenextweb)
Source: thenextweb.com
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