Discover top startup incubators in NYC to kickstart your entrepreneurial journey. Explore our comprehensive List Of Startup Incubators In New York today.
Entrepreneurs in New York City have access to a rich network of incubators perfect for growing startups. These places help new companies by giving them key resources like guidance, chances to find investors, and spaces to work together. New York has recently become a major hub for startups1. It now rivals Silicon Valley as a top place for new businesses. The city is home to over 15 incubators that help a wide range of companies2. These include those in tech, finance, healthcare, and social goods. In the heart of business innovation, NYC's network of accelerators and incubators offer vital support to entrepreneurs. They get the guidance and coaching they need to succeed1.
Startup incubators are key players in sparking the growth of new businesses in New York City. They offer office space, guidance, help with management, and even ways to find investors. For entrepreneurs, joining an incubator could be the first step in transforming an idea into a product or service ready for the market. It's vital for business growth support and building a strong base.
Startup incubators help young companies grow from just an idea to launching their product and beyond. In New York City, the business scene is bustling, with many incubators focusing on different industries. For example, you can find incubators concentrated on fields like finance (7.4%), FinTech (14.8%), health tech (3.7%), and fashion (7.4%)3. Also, nearly one-third of NYC's incubators accept startups from all kinds of sectors, giving a wide range of businesses a chance to grow3.
New York City is a major center for startups because of its vast resources, diverse markets, and active entrepreneurial scene. The city offers excellent mentorship and connects businesses with investors and sponsors. Leading incubators, like the HI Hub Incubator, provide end-to-end services including planning, launching, managing, and growing a business4. Moreover, some programs, such as those by NYU, give startups in certain industries like travel or hospitality free access to incubators, enhancing the city’s supportive ecosystem further4.
To learn more about top incubators in the city, their focus areas, and what they offer, check out this detailed guide3.
The New York State Empire Development Corporation supports innovation and entrepreneurship. It has created 10 Innovation Hot Spots and 20 Certified Business Incubators. These are part of the NYSTAR incubators program, giving new businesses key resources. This includes office space, help with admin tasks, ways to get money, and chances to network.
Innovation Hot Spots are found all over New York, showcasing the state's push for innovation. These spots work with different industries to meet their unique needs. For example, The Center for Agricultural Development and Entrepreneurship (CADE) in Oneonta focuses on help for farmers5. They plan to grow and reach out to high school students too5.
Businesses must share their plans to join these incubators5. This ecosystem helps New York's entrepreneurship scene grow, especially in fields like health tech and food tech6.
NYSTAR's certified incubators help startups thrive by offering mentorship and resources. One success story is Unshattered, backed by The Accelerator in the Mid-Hudson Region, which turns old clothing into handbags5. Chuck Green, CEO of Assured Information Security Inc., is thankful for the support from Utica’s thINCubator5.
These incubators are evolving to better meet diverse industry needs, even in rural areas5. They use "hub-and-spoke" models to do this6. Businesses can spend up to two years with an incubator, gaining valuable support and resources5.
Understanding the key differences between startup incubators and accelerators helps in making smart business choices. Startup support in NYC offers unique benefits through these two models. They provide varied services and focus on different startup growth stages.
Startup incubators help turn business ideas into working prototypes and products. They offer resources like workspace, guidance, mentorship, and networking to early-stage startups. Unlike some programs, they often don't take company shares. This supportive setting helps startups grow their ideas on a flexible timeline, sometimes spanning years7. New York's vibrant startup scene makes its incubators especially valuable. For more insights, check out the detailed comparison by Harvard Business School:Startup support NYC7.
Accelerators focus on fast-tracking startups that have a minimum viable product (MVP) and some initial funding. These programs are competitive and last about three to six months. They speed up business growth in New York8. Accelerators offer education, mentorship, and investment opportunities, usually in return for a share of the startup9. For example, Y Combinator and TechStars have supported thousands of startups with significant investments7. They get startups ready for fundraising and expansion by offering structured programs and access to vital networks8.
The Entrepreneurs Roundtable Accelerator (ERA) shines as a top choice in New York City's startup world. It provides robust support and a wide network. ERA gives startups a detailed four-month program twice a year, aimed at speeding up growth in many fields. What makes ERA stand out is its large investments and the chance for meaningful mentorship.
Startups in the ERA program get $100,000 for 8 percent equity10. This money, along with strong support during the program, helps startups grow their products and businesses. Usually, ten companies per class receive this focused help and guidance, leading to real progress.
ERA's alumni have reached over $6 billion in value together. This shows how effective the program is in growing high-value companies. Past graduates like SeamlessDocs, Krossover, and TripleMint have used what they learned to succeed. These stories underline the power of well-done mentorship in startups.
Additionally, ERA NYC alumni often say how crucial the program’s mentor and investor network was for them. It provided vital industry knowledge and advice. This shows ERA's role in building successful entrepreneurs and keeping New York's startup scene strong1.
Dreamit NYC helps startups in health tech, secure tech, and urban innovation. Since 2007, they've invested in 387 companies in areas like cloud security and healthcare. They've also seen 45 startups succeed, with 33 going public1112.
Dreamit's Health Tech program is for startups ready to grow. It offers up to $500,000 in investments. This helps startups thrive in the health tech field11.
Dreamit Healthtech has put money into 54 companies and seen 7 of them succeed12. They focus on things like biotech and health records. This fosters innovation in healthcare technology13.
Dreamit also has Secure Tech and Urban Tech programs. They focus on cybersecurity and improving city living13. Startups in these programs get help from Dreamit's big network. This support is key for success in these areas11.
For more info on New York's startup accelerators, including Dreamit NYC, check out this overview of New York accelerators11.
New York City is becoming a major place for health tech innovation. It offers vital healthcare startup support NYC. Leading the charge are Blueprint Health and Startup Health. They help new health tech businesses grow.
At the forefront, Blueprint Health shines by aiding health and tech startups. It has propelled over 90 startups forward. Impressively, 80% are still thriving, and more than 10 have hit over $1 million in ARR14.
This incubator provides startups with $20,000 for a three-month boost15. Entrepreneurs get mentoring, tailored advice, and a chance to pitch to investors.
Startup Health has supported over 370 startups from 27 countries, maintaining an 80% success rate14. They focus on health innovations and offer $20,000 for a 2% equity stake14. This incubator's broad support includes mentorship, partnerships, and a worldwide investor network. For those looking to push their health startup forward, Startup Health in New York is a golden ticket.
New York City offers special incubators for different industries like fashion, food, and real estate. These incubators give startups the tailored help and guidance they need for their specific market. NY Fashion Tech Lab, Food Future Co, and MetaProp are among the top ones. They have programs that really make a difference in their fields.
NY Fashion Tech Lab stands out as a top fashion incubator in NYC, focusing on women who start tech-influenced fashion companies. It works closely with big names in fashion, giving these women a chance to learn from the best. They mix new technology with fashion to help these startups stay ahead in a changing market.
Food Future Co aims to help food startups grow in a responsible way. It looks for companies that can change the food industry with new, sustainable ideas. With expert advice and vital industry connections16, these startups get a big boost. Food Future Co also invests in firms tackling big issues in food production, safety, and getting food to people17.
MetaProp is a leading name in real estate technology incubation. Since starting in 2015, it has helped over 150 companies with their ideas18. They are proud of having diverse founders, being 40% of their investments18. Startups get access to top-notch resources and know-how. This helps them grow and contribute to New York's reputation in prop tech18. They also benefit from working together and creating new solutions for real estate.
Founder Institute NYC stands out in global accelerator programs with its wide reach and strong support for new startups. Its New York chapter shows how dedicated the organization is to growing entrepreneurs with careful planning and strategy.
The Founder Institute's program is well-organized and lasts four months. It includes shared equity, creating a team spirit among participants. This approach makes everyone work together, bringing in different ideas and experiences. It's very useful in international startups as working across countries can create new solutions.
The Founder Institute has a big presence with over 100 chapters worldwide19. Its wide coverage makes it a leading global accelerator, offering access to various markets and resources. For New York entrepreneurs, it means joining a network that covers different sectors and places. The Founder Institute in New York is open to individuals and teams, particularly those just starting or at the idea stage3.
In its network, the Founder Institute NYC also links local entrepreneurs with mentors, investors, and colleagues from around the world. This worldwide view is key for startups wanting to grow fast and break into new areas. The program helps even those just beginning, giving them the support they need to succeed in the long run. By bringing founders into a global ecosystem, Founder Institute gives chances for networking and expansion that are hard to match.
New York City is a magnet for startups, drawing entrepreneurs from all over with its rich resources1. It offers a blend of talent and funding opportunities. Aspiring entrepreneurs find the New York startup scene filled with diverse incubators, perfect for growing their ideas.
Incubators like StartEd and Interplay VC help early-stage startups in the city. They provide mentorship, networking, and advice on product development1. Such support boosts the chances of success for these new businesses.
Sector-specific incubators focus on helping startups in certain fields. For example, New York Fashion Tech Lab and Betaworks Camp target fashion tech and frontier technologies1. Betaworks Camp even offers a three-month program with a $200,000 investment to speed up growth14.
Blueprint Health supports over 90 healthcare IT startups with its twelve-week program14. Dreamit provides up to $500,000 in funding, helping more than 350 startups14. This highlights New York City's place as a leader in fostering startup innovation.
Events like Almaworks' Demo Day showcase startup achievements and attract more investment1. If you're interested in learning more, check out the comprehensive NYC incubator list. It's a great resource for any entrepreneur looking to navigate New York's startup landscape.
Choosing the right incubators NYC is key for entrepreneurs. You should look at several factors to find the best match for your startup in New York. Check out the incubator evaluation criteria to see if it matches your startup's industry14. For example, Blueprint Health has helped over 90 startups, with 80% still running and more than 10 making over $1M ARR14.
Consider what resources an incubator offers. XRC Labs gives a 14-week program with a $135,000 investment14. Meanwhile, Metaprop provides a $250,000 upfront investment and mentorship14. Match these to your startup's stage. Food Future Co chooses 4 to 8 startups yearly, offering $10,000 and a 5-month program for newer companies14.
Knowing an incubator's success rate is useful. Dreamit has helped over 350 startups with up to $500,000 investments14. Grand Central Tech has 87 investments and 14 successful exits over 50 weeks11. These stats can show how well they help startups in the long run.
Look for support beyond money. Founder Institute invests in over 5,000 startups globally and requires 4% equity for a supportive network14. Check if they offer networking, mentorship, and workshops fitting your goals. NY Fashion Tech Lab is great for women in B2B fashion and tech, providing mentoring and workshops14.
Think about equity arrangements as well. Most incubators take a small portion of equity for their support. Dreamit Ventures, for instance, takes about 6%11. Metaprop invests $250,000 in Prop Tech companies, including mentorship14. Ensure the equity share is fair for what you get.
Considering industry focus, resources, success rates, support types, and equity deals helps. This ensures your startup in New York finds an incubator that fits perfectly.
New York City is buzzing with startups, thanks to many incubators and accelerators. Places like Urban Future Lab, The Grand Central Tech, and FinTech Innovation Lab offer lots of help. They provide resources, mentorship, and money. This help is huge for startups in this big city. You can learn more about their impact here.
There are over 130 big accelerator programs in New York City. Plus, there are many special incubators for different needs. Entrepreneurs get the exact help they need for their ideas to grow20. Entrepreneurs Roundtable Accelerator and Dreamit are top examples. Dreamit has made about 281 investments. Techstars New York has also made about 272 investments. It even has the most number of successful company exits, at 3720.
Columbia Biomedical Technology Accelerator and Columbia MakerSpace are also key players. They offer unique support and tools like 3D printers and laser cutters21. These places help turn great ideas into products that are ready to sell21. This makes the New York startup scene a great place for entrepreneurs. They can make their innovative ideas come true.
Startup incubators help new companies grow. They take a business idea and help develop it into a product or service ready for the market. They offer guidance, chances to find investors, and a place to work together.
New York City is a bustling center for new businesses. It offers excellent mentoring, business programs, and connections with investors. This makes it a top spot for growing a startup.
New York State has tagged 10 Innovation Hot Spots and 20 Business Incubators. These places give startups essential help like office space, help with getting money, and chances to meet strategic partners.
Incubators help turn business ideas into early models, offering support over time. In contrast, accelerators push ready-to-grow startups fast with programs that provide networking and investment aid.
ERA offers unique 4-month programs, focusing on mentorship across sectors. Startups joining ERA gain from its strong network and are part of a community valued at over $6 billion.
Dreamit focuses on Health Tech, Secure Tech, and Urban Tech. Its 3-month programs are for startups that have started making money or are testing their product, aiming for growth.
Blueprint Health and Startup Health lead in Health Tech in NYC. They offer guidance, presentations, and advice tailored to health startups, aiding their growth.
NYC is home to incubators like NY Fashion Tech Lab, Food Future Co, and Metaprop. They provide support suited to startups in fashion, agriculture, and real estate tech.
The Founder Institute runs a four-month program with a focus on shared success and global support. It connects startups worldwide, giving them extensive backing.
Budding entrepreneurs can find a list of New York's startup incubators online. This list gives details on various programs, helping start their business journey.
They should look at the incubator's focus, offered resources, and strengths. It's vital to choose one that matches their business phase and growth goals.
*Every is not a bank. Banking services provided by Thread Bank, Member FDIC. The Every Visa Business Debit Card is issued by Thread Bank, pursuant to a license from Visa U.S.A. Inc. and may be used anywhere Visa cards are accepted.
For Every customers with deposit accounts on Thread Bank, your deposits qualify for up to a maximum of $2,500,000 in FDIC insurance coverage when placed at program banks in the Thread Bank deposit sweep program. Your deposits at each program bank become eligible for FDIC insurance up to $250,000, inclusive of any other deposits you may already hold at the bank in the same ownership capacity. You can access the terms and conditions of the sweep program at go.thread.bank/sweepdisclosure and a list of program banks at go.thread.bank/programbanks. Please contact customerservice@thread.bank with questions on the sweep program.”
**Terms and conditions apply to the Cashback rewards program. Cashback earned will be credited to your account daily. ATM transactions, the purchase of money orders or cash equivalents, and account funding made with your debit card are not eligible for Cashback. Please refer to the Rewards Terms and Conditions for more details. No minimum opening deposit or minimum balance required.
***Your deposits qualify for up to $3,000,000 in FDIC insurance coverage when placed at program banks in the Thread Bank deposit sweep program. Your deposits at each program bank become eligible for FDIC insurance up to $250,000, inclusive of any other deposits you may already hold at the bank in the same ownership capacity. You can access the terms and conditions of the sweep program at https://go.thread.bank/sweepdisclosure and a list of program banks at https://go.thread.bank/programbanks. Please contact customerservice@thread.bank with questions regarding the sweep program.
[1]Yield is an annualized 4-week T-bill rate when held to maturity as of [08/21/24] [date must be within the last 7 days] . The rate shown is subject to price fluctuation and is net of fees. T-bills are purchased at a discount to par (par= $1,000), with the price being subject to market fluctuation. The amount of T-Bills available at a particular yield will depend upon the sellers’ offer size; any remaining cash balance after the purchase may not earn the same yield. In general the bond market is volatile, and fixed income securities carry interest rate risk. Fixed income securities are subject to increased loss of principal during periods of rising interest rates. Fixed income securities also carry other risks, including inflation risk, liquidity risk, call risk, and credit and default risks for both issuers and counterparties.
[2]Yield as of [08/21/24]. The SEC yield for a money market fund is calculated by annualizing its daily income distributions for the previous 7 days. You should consider the investment objectives, risks, charges, and expenses of a money market fund carefully before investing. This and other information is found in the fund’s prospectus. Please read the prospectus before investing. An investment in a money market fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although a money market fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in a money market fund. Yields fluctuate and past performance is no guarantee of future results.
[3] Atomic Invest LLC (“Atomic”), through a clearing relationship with Pershing LLC (“Pershing”) offers a cash sweep program. Funds in transit to or from Program Banks are generally not FDIC-insured. The Sweep Program is administered by Pershing, LLC. Deposits at each Program Bank are insured by the FDIC up to $250,000 for each insurable capacity. Based on eligibility criteria, the two FDIC-insured programs (“Bank Deposit Programs”) offered are 1) Dreyfus Insured Deposits (DIDI) and 2) Liquid Insured Deposits. Funds deposited into each sweep program, in aggregate, are eligible for up to $2,500,000 of FDIC insurance. The sweep programs can be configured so that once the funds reach one or more Program Banks (up to $250,000 for each insurable capacity at up to ten Program Banks), then the next Bank Deposit Program is initiated. Although certain types of accounts, such as trust accounts may be eligible for additional FDIC insurance based on the number of beneficiaries, funds will be allocated to each Program Bank in such a way that provides up to $250,000 of FDIC insurance for individual accounts and $250,000 of FDIC insurance for trust and other corporate account types, in each case per Program Bank. If clients elect to exclude one or more Program Banks from receiving deposits the amount of FDIC insurance available through the Atomic Invest account may be lower. Clients are responsible for monitoring their total assets at each Program Bank, including existing deposits held at Program Banks outside of the Atomic Invest account, to ensure FDIC insurance limits are not exceeded, which could result in some funds being uninsured. For more information on FDIC insurance please visit www.FDIC.gov. Deposits held in Program Banks are not protected by SIPC. For more information see Pershing’s Terms and Conditions and the Atomic Invest Form ADV Part 2A.
Every, Inc. has an engagement with Atomic Invest, LLC (“Atomic Invest”), an SEC-registered investment adviser, to bring you the opportunity to open an investment advisory account. Investment advisory services are provided by Atomic Invest. Companies which are engaged by Atomic Invest receive compensation of 0% to 0.85% annualized, payable monthly, based upon assets under management for each referred client who establishes an account with Atomic Invest (i.e., exact payment will differ). Atomic Invest also shares a percentage of compensation received from margin interest and free cash interest earned by customers with Every, Inc.. Every, Inc. is not a client of Atomic Invest, but our engagement with Atomic invest gives us an incentive to refer you to Atomic Invest instead of another investment adviser. This conflict of interest affects our ability to provide you with unbiased, objective information about the services of Atomic Invest. This could mean that the services of another investment adviser with whom we are not engaged could be more appropriate for you than Atomic invest. Neither Atomic Invest nor Atomic Brokerage, LLC (FINRA registered broker-dealer and member of SIPC), nor any of their affiliates is a bank. Investments in securities are Not FDIC insured, Not Bank Guaranteed, and May Lose Value. Investing involves risk, including the possible loss of principal.
Before investing, consider your investment objectives and the fees and expenses charged by Atomic Invest and/or Atomic Brokerage. Advisory services through Atomic Invest are designed to assist clients in achieving a favorable outcome in their investment portfolio. They are not intended to provide tax advice or financial planning with respect to every aspect of a client’s financial situation and do not include investments that clients may hold outside of Atomic Invest. For more details about Atomic Invest and/or Atomic Brokerage, please see the Form CRS, Form ADV Part 2A, the Privacy Policy, and other disclosures. Custodial and clearing services are provided to Atomic Invest and Atomic Brokerage by Pershing LLC.
