Speaking at the offices of corporate loyalty and rewards company Next Jump, Mayor Michael Bloomberg gave an update to the groundbreaking initiative to build a new applied sciences campus in New York City.
The mayor has been pushing hard to propel New York past Silicon Valley as the world's leader in technology. New York City is playing host to an increasing number of tech firms, including Twitter, Foursquare, Gilt and Yelp. There are just under 5,800 information technology companies in New york.
Mayor Bloomberg today announced that the City has received seven qualifying responses to Applied Sciences NYC, the City’s groundbreaking initiative to build or expand a state-of-the-art engineering and applied sciences campus in New York City. Seventeen world-class institutions from around the globe, in some cases together with technology industry leaders, responded to the Request for Proposals, which seeks a university, institution or consortium to develop and operate a new or expanded campus in the City in exchange for access to City-owned land and up to $100 million in City capital. The proposals will be evaluated by the City as well as an Advisory Committee over the course of the next several weeks, with selection expected in January. After selection and a period of negotiation, the project could break ground as early as next year. Mayor Bloomberg made the announcement at the headquarters of NextJump, a New York City-based company that develops technology for corporate loyalty and rewards program and has about 120 employees, the majority of whom are engineers, and was joined by Deputy Mayor Robert K. Steel, New York City Economic Development Corporation President Seth W. Pinsky and NextJump CEO Charlie Kim.