New York's Innovation Economy

Innovation Council

Established Companies are a Magnet for Innovation

208,000

Jobs in tech firms and 
tech jobs in other industries

Startups account for:

17%  of net new job creation

9%  of firms

48

Fortune 500 Headqurters, More Than Any Other U.S. city.

$704B

Gross City Product.

3.7M

Private Sector Jobs in the City

Increasingly, New York’s economy is being propelled by the convergence of new and traditional industries applying technology-enabled innovation to gain a competitive advantage and birth entirely new sectors.

5.8 million

Residents with a bachelor’s degree or better in the metro region

100

Universities awarded 18,000+ post-secondary STEM degrees in 2016

2.3 million

Residents with graduate or professional degrees

$2.9 billion

In R&D spending by major academic institutions in 2016

By supporting collaboration between tech startups and business leaders, the Innovation Council cultivates the city’s small—but fast growing—tech sector.

Tech:

4%  of economy

56%  job growth since 2003

Finance:

21%  of economy

4%  of job growth since 2003

About the Innovation Council

Mobilizing the resources and influence of business leaders in support of the city’s fast-growing innovation economy.

New York’s private sector firms are both investors in startup tech companies and early adopters of new products. The biggest challenges entrepreneurs face is accessing the right decision maker at the city’s global investment and corporate firms. The Partnership’s Innovation Council will accelerate that process by connecting the city’s most promising startups with business leaders from a cross-section of industries. As a global center of innovation built on collaboration, New York City is where innovators from around the world come to thrive.

Council

Kevin P. Ryan

Kevin P. Ryan

Chairman & Founder, MongoDB, Zola, Workframe and Nomad Health
Neil Blumenthal

Neil Blumenthal

Co-Founder & Co-CEO, Warby Parker
Orlan Boston

Orlan Boston

Global Client Service Partner and Americas Life Sciences Transactions Leader, ERNST & YOUNG LLP
Stuart Ellman

Stuart Ellman

Co-Founder & Managing Partner, RRE VENTURES
Harry Kargman

Harry Kargman

Founder & CEO, Kargo
Anton Levy

Anton Levy

Managing Director and Global Head of Internet & Technology, General Atlantic
Anthony Malkin

Anthony Malkin

Chairman & CEO, EMPIRE STATE REALTY TRUST
Greg Mondre

Greg Mondre

Managing Partner & Managing Director, SILVER LAKE
Jennifer Nason

Jennifer Nason

Global Chairman, Tech, Media & Telecom, J.P. MORGAN
Julie Samuels

Julie Samuels

Executive Director, Tech:NYC
Robert K. Steel

Robert K. Steel

Chief Executive Officer, Perella Weinberg Partners LP
Michael Steib

Michael Steib

President & CEO, XO GROUP INC.
Mark Stein

Mark Stein

Senior Vice President & Chief Strategy Officer, IAC
Amy Stursberg

Amy Stursberg

Executive Director, Blackstone Charitable Foundation
Jessica Turner

Jessica Turner

EVP, Digital Payments and Labs, Mastercard

Legal Advisory Group

bryan cave

davis polk

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proskauer

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Contact Us


  • For general inquiries, contact:

Michael Simas
Executive Director, Innovation Council
Executive Vice President, Partnership for New York City


  • One Battery Park Plaza, 5th Floor
    New York, NY 10004








About Us

The Partnership for New York City represents the city’s business leadership and its largest private sector employers. We work with government, labor and the nonprofit sector to promote economic growth and maintain the city’s position as a global center of commerce and innovation. Through the Partnership Fund for New York City, the Partnership contributes directly to projects that create jobs, improve economically distressed communities and stimulate new business creation.