Equitable Innovation Economies City Snapshot: New York

New York City is reimagining its manufacturing sector to foster innovation, create good jobs, and expand economic opportunity for all. With a $115 million investment, Mayor de Blasio’s 10-point industrial action plan is modernizing industrial policies, strengthening core manufacturing districts, and supporting advanced production. Programs like NYCEDC’s Next Top Makers are nurturing diverse entrepreneurs, including startups like Wear.Works, which is developing assistive technology to improve accessibility. By integrating equity into its industrial strategy, New York is ensuring that historically underserved communities have a stake in the city’s evolving production economy.