NYCEDC Seeks Creative Opportunities Through Newly Launched Public-Private Impact Initiative

April 19, 2021

New York City Economic Development Corporation (NYCEDC) released a Request for Expressions of Interest (RFEI) seeking innovative and impactful projects to launch through its Public-Private Impact Initiative (PPII).

PPII builds on the Administration’s long-term recovery agenda by seeking creative partnerships that advance NYCEDC’s strategic priorities around climate change, public health, industry development, and city living.

“For years, we have seen the benefit of leveraging public and private partnerships especially in times of need,” said NYCEDC Acting President Rachel Loeb. “Through our partnerships, we have been able to execute unprecedented projects that have strengthened our economy. We’re thrilled the Public-Private Impact Initiative will surface new ideas, mobilize resources, and expand opportunities to benefit all New Yorkers.”

The PPII will provide a vehicle for private and non-profit organizations to propose creative, economically viable, and financially sustainable projects that directly benefit the people and businesses of New York City.

Proposed projects may fall outside the scope of NYCEDC’s other active solicitations, and may include but are not limited to:

  • Programmatic initiatives
  • Technology pilots
  • Capital projects
  • Impact investment opportunities
  • Improvements to NYCEDC’s operations

“Developing partnerships create new avenues for exponential New York City economic growth,” said City Council Member Paul Vallone, Chair of the Committee on Economic Development. “I applaud NYCEDC for exploring new opportunities to advance high-impact projects.”

To encourage mission-aligned partnership proposals, NYCEDC will supply a range of supportive resources to assist respondents throughout each step of their idea’s development.

Examples of resources include:

  • Access to NYCEDC asset(s)
  • Marketing and publicity support
  • Technical assistance and project management support provided by NYCEDC staff
  • Community- and network-building assistance
  • Targeted seed capital (in exceptional cases)
  • Other types of strategic partnership support

Proposals for the RFEI will be accepted on a rolling basis. Details and submission information can be found online here.

 New York City Economic Development Corporation 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.

To learn more about our work and initiatives, please visit us on FacebookTwitter, or Instagram.

By submitting this form, you are consenting to receive marketing emails from: Harlem World Magazine, 2521 1/2 west 42nd street, Los Angeles, CA, 90008, You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact
We're your source for local coverage, we count on your support. SUPPORT US!
Your support is crucial in maintaining a healthy democracy and quality journalism. With your contribution, we can continue to provide engaging news and free access to all.
accepted credit cards

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Related Articles