"Governor Andrew M. Cuomo, candidate for Mayor of New York City, announced his comprehensive plan to reverse the city’s alarming slowdown in job growth and restore New York as the economic capital of the world.
Cuomo’s 'NYC Works Agenda' focuses on three pillars:
- Major Investment in Job Creation
Launch a five-year $1.5 billion Five-Borough Economic Transformation Capital Fund to attract major job-creating projects across all boroughs, funded within the city’s $173.4 billion capital budget and private co-investment.
Implement a 90-day fast-track review of the regulatory environment to cut red tape and accelerate business growth.
- Innovation and Entrepreneurship
Launch NYC initiative to fuel the next generation of home-grown startups by converting underused city property into tech, clean energy, and advanced manufacturing hubs.
Offer $50,000–$100,000 startup innovation grants and five years of no city taxes for NYC-grown startups that create jobs.
Create a Global Startup Gateway to attract foreign and out-of-state entrepreneurs with incubator access and seed funding support.
- Quality of Life Improvements to Attract Business
Boost tourism by creating cultural districts, attracting major sporting events and conventions, and streamlining permitting for global conferences."
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#Cuomos-Celebrated-Plan💫✨⭐🕊️
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