New York City Economic Development Corporation (NYCEDC) creates shared prosperity across New York City’s five boroughs by strengthening neighborhoods and creating good jobs. NYCEDC works with and for communities to provide them with the resources they need to thrive, and we invest in projects that increase sustainability, support job growth, develop talent, and spark innovation to strengthen the City’s competitive advantage.
Launched by NYCEDC in December 2016, and recently doubled to $1 billion in investment, LifeSci NYC is a group of initiatives across infrastructure, real estate, funding, and talent programs to grow commercial life sciences in New York City. The city is home to a deep and diverse talent pool, premier academic and medical institutions, and the widest and most varied healthcare-delivery infrastructure of any place in the world. These key ingredients position New York City to take a leading role in life sciences advancing the fundamental understanding of disease, developing cures, and delivering treatment—from discovery to patient care.