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Welcome to Wall Street. New York is home to several unique industries, and because the stock exchange makes its home in the Big Apple, it makes sense one of the state’s biggest economic drivers is financial services. The industry isn’t just full of traders, either. Industries thriving here include consultants, software, analysts, and homeland/cybersecurity pros.
Fintech and Insuretech businesses find themselves in good company in the Empire State among players like Brex, PolicyGenius, and Zipari.
The world of Fintech can’t thrive without protecting sensitive accounts and assets, so it makes sense cybersecurity would blossom here, too. More generally, security is a growing industry in New York. The state recently approved the country’s first drone corridor between Rome and Syracuse to test 5G drone flights outside the sightline of operators. It’s made the state an attractive headquarters for tech startups from logistics to aerospace and defense.
Founders in Syracuse can find grants, growth funds, and accelerator programs here. Their cohorts raised $100 million in just one recent year and made $54 million in revenue. They have programs specific to cleantech and autonomous systems.
An incubator in Albany, this tech hub offers mentorship, coworking space, pitch prep, funding identification, and assistance with business administration.
You may be more familiar with the AngelPad San Francisco location, but this top launchpad also operates in New York, a lucky break for city dwellers looking for an incubator experience, complete with four intense weeks of mentorship, education, and progress. Their average company fundraises $11 million.
Each four-month camp is intense and focused on a theme, from synthetic reality to audio startups. There are many tech options and some big names, so check out programming around your industry.
Michael Seibel CEO at Y Combinator
Jason Ovryn Co-founder & COO at Carry