Prize-Winning Concept Could Bring Vending Machines To New York Taxis (Gizmodo)
Find out more about the NYC Next Idea global business plan competition and this year’s winners.
Source: Gizmodo
New York tops London as city with most global clout, index shows
New York tops London as the city with the most global clout, according to the 2012 A.T. Kearney/Bloomberg Global Cities Index. This comes on the heels of four major awards and top rankings NYC has received in recent weeks on a global scale. As reported by Bloomberg News:
New York ranks first as a global business center in a worldwide survey of cities, the fourth such recognition of its influence in the past five months.
London, Paris, Tokyo and Hong Kong trail New York on the Global Cities Index, released today by Bloomberg Rankings. Beijing and Shanghai emerged as potential rivals within 10 to 20 years, according to the index.
The survey examined 66 of the world’s busiest commercial urban centers, judging each on the scope of its business activity; labor force; access to media and information; cultural amenities; and political influence.
NYC Next Idea: Live Blogging the Final Round
We’re live-blogging the final round of NYC Next Idea at Columbia University this morning. Check in here from 9:00 AM - 12:30 PM EST to see the NYC Next Idea competition unfold.

NYCEDC’s Ann Li introduces the judges.
9:13 AM - Columbia University’s Engineering School’s Donald Goldfarb gives welcoming remarks. “This year we had over 270 entries from over 60 countries.”
9:14 AM - NYCEDC’s Ann Li introduces the judging panel: Jonathan Axelrod, managing director of the Entrepreneurs Roundtable Accelerator; Maria Gotsch, President and CEO of the NYC Investment Fund; Brian Cohen, founder/CEO at Launch.it; and Noah Kroloff, Partner, NGN Capital. She also shares about NYCEDC’s comprehensive suite of programs and initiatives to support entrepreneurs in NYC.
9:22 AM - NYCEDC’s Patricia Bayley lays out how the competition will run: first, the NYC Connect Track teams will present, followed by the International Track teams. Each presentation is 10 minutes long, followed by 10 minutes of Q&A by the judges. Winners will be decided today, answering these questions: Does it make sense for the business to be launched in NYC? Which team’s business idea would the judges want to invest in?


