Economic Development

Economic Development

New York City is the best place in the world to grow a business.

50% of NYC businesses are owned by foreign-born New Yorkers.

NYC startups raised over $6.8 billion in angel and venture capital in a single year.

NYC is ranked as the best city in the world for women entrepreneurs.

NYC has long been at the center of finance, food, fashion, and media, and in recent years, the City has also become a global hub for life sciences, urban manufacturing, and tech. 

If businesses do not already have an office in NYC, they are missing out on the energy, talent, diversity, and cross-industry collaboration that are creating a wave of innovation greater than anywhere else in the world. 

For international businesses considering expanding to New York City, we seek to make the process less complicated. The NYC International Business website, created by the NYC Mayor’s Office for International Affairs and the NYC Economic Development Corporation, aims to answer any questions you may have about growing your business here. You can find information about services for different industries, programs offered by the City, and much more. 

We also have information for NYC-based businesses interested in selling outside of the U.S.

At the NYC Mayor’s Office for International Affairs, we work to ensure that that our economic growth is inclusive and good for all New Yorkers. We believe the economy of the future will be global, and it must be inclusive.

For questions, or to explore international economic development best practices or partnerships, please reach out to us.

Going Global: Economic Development and the NYC Mayor’s Office for International Affairs

Watch the video below for excerpts from the "Going Global" panel at the 2016 Silicon Harlem conference.

Our Director of Economic Development highlights programs to attract international investment to NYC in an inclusive way, as well as the services we provide to help NYC-based businesses export and grow internationally.