New York City through its Economic Development Corp. has had its hand in developing more than a few incubators around town.Teaming up with NYU-Poly, NYCEDC has brought to life Varick Street and the DUMBO Incubator. We can add another startup hatchery to their list of joint projects: NYCDEDC said it will be opening the Clean Technology Entrepreneur Center at 15 MetroTech Center in the fall.
CTEC’s 10,000 square feet of office space will be devoted to startups focused on energy efficiency, resilience, climate adaptation and other smart city technologies.NYCEDC will provide $750,000 in seed feeding, and startups will be able to tap into NYU-Poly’s intellectual resources. In addition to providing mentorship and advice through its Faculty Engineers in Residence Program, NYU-Poly will also support student internships with CTEC-based startups.