Mayor Bloomberg Announces NYC Seed Fund to Kick-Off Internet Week

To kick off Internet Week New York, Mayor Michael Bloomberg has announced NYC Seed, an investment fund focused on early stage technology companies in New York City. The fund is a partnership between ITAC, New York City Investment Fund, The New York State Foundation for Science, Technology and Innovation, New York City Economic Development Corporation, and PolyTechnic University.

via mashable.com

Another one of thereasons NYC is taking off in tech: good civic municipal infrastructure.

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