This is really, truly our last post of the year. And for our finale … NYU-Poly’s incubators have officially received a New York State Business Incubator certification. Among other things, this means they’re entitled to $125,000 to expand support services.
Here are some fun facts (according to the press release) about NYU-Poly’s Varick Street incubator in Lower Manhattan, and the Brooklyn-based DUMBO incubator: they generated $251 million in economic activity, created more than 900 jobs, and contributed $31.4 million in local, state, and federal tax revenue since 2009. There’s more good news: another incubator will open in Brooklyn in 2014.
At least one of the startups hatched at NYU-Poly, BounceExchange is, by any measure, a true success story. The company has grown from four to 32 full-time employees, and has moved to larger digs in Hudson Square, not far from the Varick Street mother ship. They are focused on web-interaction metrics, and were voted one of the top startups in 2013 by Silicon Alley Insider.
Photo credit: Tfioreze