New York invests heavily in STEM education for long-term competitiveness in global economy
In the New York Daily News:
The city has created 22 new technical education high schools, with seven more coming next year. There are hundreds of new STEM programs in public schools across the city at all levels.
Construction is about to start on a $2 billion Cornell genius school graduate program that’s designed to churn out the next generation of tech entrepreneurs, and the City University of New York has rolled out dozens of new STEM programs since 2005.
Photo: NYC Deputy Mayor for Economic Development Robert K. Steel. Credit: Kevin Hagen for New York Daily News
Great news: Euromoney’s inaugural Global Cities survey names New York City the best city in the world to do business, which includes attracting the best talent, business and investment, and global corporations and financial institutions. NYC Deputy Mayor for Economic Development Robert Steel and NYCEDC President Seth Pinsky attended an awards ceremony today to receive the Global Cities Award. They also participate in a panel discussion with Baldomero Falcones, FCC CEO and Chairman, and Thomas Green, Citi Managing Director, Public Finance Sector Head, where panelists will examine the key factors underpinning NYC’s financial competitiveness and the lessons these factors can provide to infrastructural challenges facing the “21st Century City.”
NYCEDC is the City’s primary engine for economic development charged with leveraging the City’s assets to drive growth, create jobs and improve quality of life. Learn more.
Tell us: What makes NYC a great place for you to do business?
Over 600,000 post-secondary students are in New York [City]. People talk about “college towns,” they talk about Ann Arbor or Cambridge or Boston. The facts are that New York City has more college students than Boston has people.
If You Build It…
New York City is transforming into a global 21st century capital of innovation, but we can’t get there without reinforcing the building blocks of an innovation economy—science, technology, engineering, and math.
That’s why today at Google’s Manhattan offices, Robert Steel, NYC Deputy Mayor for Economic Development, announced big news—that New York City is seeking a partner in the academic world to create a new, state-of-the-art engineering and applied sciences research campus. By working with the City’s existing top-notch academic institutions to strengthen New York City’s applied science capabilities, especially in fields that lend themselves to commercialization, we are taking measurable steps to capture the considerable growth in the science, technology, and research sectors and maintain a diverse and competitive economy.
Watch a Bloomberg TV interview with Deputy Mayor Steel as he discusses the new initiative.
Read the press release, as well as NYCEDC’s official Request for Expressions of Interest, for more details on the new initiative, including suggested sites for the applied sciences research facility: the Navy Hospital Campus at the Brooklyn Navy Yard, the Goldwater Hospital Campus on Roosevelt Island, Governor’s Island, or the Farm Colony on Staten Island.
Around the web:
- NYC Seeks to Lure Top Science University – WSJ.com
- To Attract the Next Google, the City Seeks a New College – NYTimes.com


