Grand Central Tech is the proud winner of $2.5MM grant from NYCEDC to build Urban Tech Growth Hub
By Matthew Harrigan on Feb 16, 2016 03:36 pm
Just under a year ago, the New York City Economic Development Corporation (“NYCEDC”) put out a request for proposals (“RFP”) for the development of an “Urban Tech Growth Hub”. Their goal was to find a location and an operator that could work with the City to build a premier community of tech companies specifically focused on the challenges (and opportunities) of urban living. It is with great pride that we are sharing NYCEDC’s announcement of Grand Central Tech’s having won its bid.
This is a big moment for Grand Central Tech as an organization. In a little under two years we have established ourselves as a premier accelerator program; executed a verticalized real estate model that compounds the value of our community year over year while at the same time doing away with the headache of securing reasonably sized, priced, and timed (lease tenure) real estate; and demonstrated operational excellence at a level worthy of a multi-million dollar grant from the City (please pardon the minor bragging). If you were wondering why you hadn’t heard from us in a while… we’ve been hard at work.
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