Technology today cuts across and impacts every industry, and will continue to require adaptation and innovation. The City will support innovation across industries to create 30,000 jobs for New Yorkers and strengthen businesses across the City.

Cybersecurity is a large and growing area of investment for companies, as online cyber-attacks increase in frequency and financial impact. The City will invest $30M to grow New York City’s cybersecurity ecosystem, with a goal of adding 10,000 new cybersecurity jobs for New Yorkers over the next 10 years and making New York City the home for commercial cybersecurity. The City’s investments will directly add 3,500 good-paying new jobs of the 10,000. This will include investments to:

• Develop a strong pipeline of homegrown talent by growing and scaling entry level cybersecurity training programs
• Provide shared resources for students and foster industry connections by establishing a cybersecurity center that provides state of the art technology and collaboration space
• Drive the commercialization of R&D through academic and corporate partnerships
• Enable early stage companies to scale through investment and support

The City is also advancing job creation in smart cities technologies through investments that include the the Urban Technology Hub at Grand Central Tech, New Lab at the Brooklyn Navy Yard, and the Union Square Tech Hub.