City at the center of high-tech spotlight.New York City Economic Development Corporation Overview New York City Economic Development Corporation (NYCEDC) is a non-profit local development corporation that promotes economic growth across New York City's five boroughs. , the City's Department of Small Business Services and New York Software Industry Association The New York Software Industry Association (NYSIA) is a trade association for software, information technology, and Web development companies in the New York City area. NYSIA's mission is to promote and support the growth of this industry in this region. joined the world's largest gathering of information technology and telecommunications companies at CeBit America at the Jacob Javits Convention Center, May 25-26. The Alliance for Downtown New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of and the New York Information Technology Center at 55 Broad Street shared an adjoining booth in a coordinated effort to expand the City's high-tech industry, especially in Lower Manhattan Lower Manhattan is the southernmost part of the island of Manhattan, the main island and center of business and government of the City of New York. Lower Manhattan is generally defined as the area delineated on the north by Chambers Street, on the west by the Hudson River (North . "As the leading center of global commerce, New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. offers high-tech companies instant access to unparalleled business resources, a high quality workforce and a tremendous client base," said Andrew M. Alper, president of the New York City Economic Development Corporation. "In particular, Lower Manhattan offers a tremendous value for tech companies with fewer than 200 employees because of the current availability of quality wired office space and historically low rents. In addition, incentives like the WTC WTC World Trade Center, see there Small Firm Attraction and Retention Grant program, which expires at the end of this year, make Lower Manhattan an especially cost effective place to locate a business." The Small Firm Attraction and Retention (SFARG) program provides federally funded grants established to tenant Lower Manhattan in the aftermath of September 11, 2001. The program is administered by the City and State and provides $3,500 per employee for companies with fewer than 200 employees that locate south of Canal Street Canal Street may refer to:
"Lower Manhattan is the most wired place on the face of our planet," said William C. Rudin, president of Rudin Management, which developed the NY Information Technology Center. "Historically, it is where global commerce began in the New World. Today, software developers, biotech companies and other technology companies can come from around the world and find the raw materials they need to grow: educated labor, affordable rents and global connectivity." |
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