Healthcare company-building profile
LifeSci NYC
New York City Economic Development Corporation
AcceleratorGovernment or nonprofit acceleratorNonprofitActive
Source-based profile
Program at a Glance
- Program type
- Accelerator
- Program category
- Government or nonprofit accelerator
- Organization
- New York City Economic Development Corporation
- Organization type
- Nonprofit
- Location
- New York, New York
- Company stage served
- Early stage
- Cohort or participation model
- Internship program cohorts and NYCEDC-funded incubator and accelerator partner programs
- Investment or funding offered
- Yes
- Published investment terms
- Non-dilutive; city funding, subsidized space and program support, no equity taken by NYCEDC in participating companies
- Equity or fee model
- No equity
- Clinical or hospital connection
- Not publicly documented
- Application status
- Active
- Founded
- 2016
Public description
About the program
LifeSci NYC is New York City's multibillion-dollar initiative, run by NYCEDC, to grow the city's life sciences sector through lab space, incubator investment, workforce pipelines and company support. Its internship program has placed over a thousand students with life sciences employers, and the initiative funds incubators and early-stage company programming across the five boroughs. It is a public economic development program rather than an equity investor in individual startups.
What the program publicly emphasizes
Focus areas and features
Life sciencesBiotechDigital healthWorkforce developmentLab spaceTalent pipelineCommercialization
- Category: Government or nonprofit accelerator
- Program structure: Internship program cohorts and NYCEDC-funded incubator and accelerator partner programs
- Published terms: Non-dilutive; city funding, subsidized space and program support, no equity taken by NYCEDC in participating companies
Sources
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