New York No. 2 in Tech Startups, Plans to Further Industry

A new report from CB Insights puts New York City at number 2 in the list of top areas for tech startups. The city racked in $335 million from venture capitalists in the most recent quarter, significantly down from Q3 of last year, but still enough to hold its place behind Silicon Valley. Despite the decline, the city’s tech industry is thriving due to successes of companies like Aereo (TV streaming startup) and BuzzFeed.

In efforts to boost future tech enthusiasm, Mayor Bloomberg has promoted programs like the Roosevelt Island tech campus for Cornell University and a high school for software engineering. Both programs could increase the power of the industry’s influence in the city for the future. There’s also NYC BigApps3.0, the city’s annual tech competition that recently awarded $50,000 to 11 New York applications that best utilized NYC Open Data.

In the meantime, NY venture capitalists can look to Brooklyn Beta for investment opportunities. The tech/design focused VC project is set to kickstart the proper company with $25,000 (for a 6% stake) in their Summer Camp program. Unfortunately the application deadline was March 31, but the program looks promising and could very well happen next year. (Photo: eyemage/flickr)