1. Tech Innovation Ecosystems ICT Unit World Bank The Case of New York: How To Create a Vibrant and Sustainable Ecosystem?

3. What New York Lacked? TalentCapital SpaceCommunity

4. Policies to Adress Each Weakness EducationSeed Funding Collaboration Spaces Challenges & Promotion

5. Title of Presentation5

6. 0.7 – 2.5 Investment VC (US$ B) 10 - 27 Exits >US$500M 22% Founders not tech 44% Jobs below Masters

7. Contacts: Victor Mulas ICT Innovation Specialist vmulas@worldbank.org Hallie Applebaum Open Innovation Specialist happlebaum@worldbank.org ICT Unit World Bank

8. Sources: Center for an Urban Future. 2012. “New Tech City.” https://nycfuture.org/pdf/New_Tech_City.pdf https://nycfuture.org/pdf/New_Tech_City.pdf HR & A. 2014. “The New York City Tech Ecosystem.” http://www.nyctecheconomy.com/ http://www.nyctecheconomy.com/ Florida, R. 2014. “Start Up City: The Urban Shift in Venture Capital and High Technology.” http://martinprosperity.org/media/Startup%20City_14-03- 14.pdf http://martinprosperity.org/media/Startup%20City_14-03- 14.pdf Interviews with Dmytro Pokhylko, Director, Vice President, New York City Economic Development Corporation (October 2014), and Rachel Haot, former Chief Digital Officer, New York City (September 2014).