In partnership with New York International, the New York City Economic Development Corporation announced the launch of a new version of “World to NYC: the Global Industry Challenge.”
W2NYC was initially launched as an initiative focusing on specific countries or regions, inviting a set of innovative companies from a chosen region to come to New York City and connect and network with potential investors and business and community leaders.
The seven previous W2NYC rounds from Dec 2010 to Oct 2013 have welcomed delegations of entrepreneurs and top startup founders from all over the world to NYC, including from Latin America, U.K., France, China, Central Eastern Europe and Israel.
This year, W2NYC is modifying the format to focus on a specific industry instead of a country or region. Actually it’s two industries, because the Spring 2014 challenge will focus on New Manufacturing, and the Fall 2014 challenge in late September will focus on Clean Tech.
The spring challenge will take place from May 12-14, 2014 and will focus on new manufacturing areas including the convergence between software and the physical world, the rise of 3D printing and connected devices.
W2NYC is looking for 15 innovative companies from anywhere in the world to be a part of this challenge. Applicants should be companies who are at the forefront of global innovation in this field, providing solutions for real problems.
Although the program doesn’t necessarily require companies to relocate or expand to NYC, preference will be given to applicants who are keen on expanding their operations to NYC and show a readiness to do so.
The program is designed for founders and CEOs, who can get an inside look at the manufacturing-tech ecosystem in New York City, and will be able to explore the possibility of building partnerships with local and national firms.
Participants will get an opportunity to meet with the heads of large corporations, investors and tech entrepreneurs, in addition to lawyers specializing in immigration and business incorporation issues.
They will also be able to meet NYC government officials and expats who have already expanded operations to NYC. Delegations will be taken on tours of prominent NYC companies, tech neighborhoods, workspaces and incubators.
Applications are expected to be submitted by March 31, 2014, and the selected applicants will be notified by mid-April.