NEW YORK — New York City Mayor Michael Bloomberg has a message for computer geeks everywhere: Forget sunny Silicon Valley and launch your company here.
Bloomberg made his pitch Tuesday at a gathering of technology entrepreneurs, announcing the creation of a city-sponsored $22 million venture fund that will invest in promising tech companies headquartered in New York. The city’s Economic Development Corporation will invest $3 million in the fund while FirstMark Capital, a New York-based venture capital fund will provide up to $19 million more.
The backdrop for Bloomberg’s announcement was TechCrunch Disrupt, a media and technology conference that draws tech entrepreneurs from across the country.
http://www.syracuse.com/news/index.ssf/2010/05/new_york_city_mayor_announces.html
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