IncubateNYC Hopes to Stir A New Harlem Renaissance With Startups

12/6/11Follow @jpruth

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his plans. Proposals for the incubator are due by Dec. 29.

As big companies such as Google, Amazon, and now Facebook fill their offices in New York with developers and other technical personnel, Mayo believes there is a chance to share their expertise and know-how with more of the city. “That type of activity is all going on below 96th Street,” he says. “There’s a whole part of this island that isn’t really accessing this new technology boom.”

Technology startups, though a growing part of the city’s industries, have yet to gather in force in Harlem. East Harlem is home to the Kitchen Incubator at La Marqueta, which opened last January to help aspiring bakers.

If IncubateNYC’s proposal is chosen by the city, Mayo says he and Shields would serve as the primary operators. “We are finance guys who work in business development,” Mayo says. He says they want to structure the incubator around education, consumer health care, and healthier living—industries which he and Shields understand.

Mayo works in new business development for Weight Watchers and formerly was a private equity investor with ICV Partners. Shields is a senior manager of commercial strategy with Solstas Lab Partners and was previously a private equity investor with Welsh, Carson, Anderson & Stowe.

Others participating in IncubateNYC include Collin Wallace, founder of mobile commerce app developer FanGo Software Systems; Evan Shore, founder of The Noah’s Ark Foundation; and Danielle Leslie, founder and CEO of social media branding startup We Are BIGFiSH.

Mayo says they want to work with startups that, for example, develop technology to improve the systems physicians use to process payments from patients. They also want to cultivate startups that leverage technology to revamp education. Mayo says helping new businesses get off the ground can be essential to boosting local employment. “You can revitalize the economy through new startups,” he says.

IncubateNYC is considering two potential sites for its proposed incubator, Mayo says, which would be in the 4,000-to-5,000 square foot range and house 10 startups per year. Though billed as an incubator, he says, IncubateNYC would be a hybrid that includes some business accelerator strategies to fit Harlem’s needs. “What works in Union Square and downtown on Varick Street won’t necessarily work up here,” he says.

Mayo says IncubateNYC would offer reduced rent to startups as well as some funding opportunities. “We want to seed these businesses when they come to the incubator,” he says. That funding would be offered in exchange for a portion of the startups.

Mayo says IncubateNYC is working with Abyssinian Development Corp. to find a corporate partner to support the campaign. “We’re not really even asking for money,” he says. “We just want them to support the idea and maybe provide resources.” IncubateNYC plans to host an event on Dec. 10 in the hopes of drawing more local backing for its efforts. “The success of this will come from having support of the tech community,” Mayo says.

João-Pierre S. Ruth is the editor of Xconomy New York. He can be reached at jpruth@xconomy.com and followed on Twitter @jpruth. Follow @jpruth

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  • http://blackrenntech.com LEON PEASON

    AS A BLACK CEO GETTING INTO THE TELECOMMUNICATIONS/MEDIA.SATELLITTE
    INDUSTRY WHO WILL FUND OUR PROJECTS AND WHAT IS THE CRITERIA BECAUSE EVRYTIME A MINORITY SEEKS BLACK OWNERSHIP IN NEW YORK CITY ON A MAJOR LEVEL LIKE VERIZON, AT&T, T-MOBILE WE GET TURN DOWN FOR FUNDING EVEN WHEN WE HAVE NEW CUTTING EDGE TECHNOLOGY SO IS THIS GOING TO BE ANOTHER MINORITY PROGRAM FOR POOR PEOPLE WHO CAN ONLY REQUEST $3000
    GOLLARS LIKE PROJECT ENTERPRISE IN BKLYN AND IN HARLEM BECAUSE $ 3000
    IS NOT ENOUGH CAPITAL TO LAUNCH A TECHNOLOGY COMPANY.

    I WAS ON THE NYC INVESTMENT FUND ROGRAM AND THE NYC SEED.ORG PROGRAM IN BKLYN TO LAUNCH MY SATELLITE ENTERTAINMENT COMPANY THAT REQUESTED 2 TO 4 MILLION DOLARS TO CREATE THE 1ST BLACK OWNED TELECOMMUNICATIONS COMPANY OWNED BY MINORITIES AND WAS TURNED DOWN FOR NO REASON WHY RACISM?

    NOW I HAVE ANOTHER CHANCE WITH THE FEDERAL GOV,T USING MY SAME SATELLITE DEVICE TO STREAM U POSTAL SERVICE MAIL DIGITALLY INTO 215 COUNTRIES. GOD WILLING THE PRESIDENT BARAK OBAMA AND CONGRESS WILL
    APPROVE THIS DEAL THAT WILL GENERATE OVER $ 3 TRILLION DOLLARS AND I
    WOULD LOVE TO WORK WITH GOOGLE OR ANY ORGANIZATION TO CREATE TECH JOBS FOR MINORITIES IN AMERICA BECAUSE RIGHT NOW WE ARE BEING SHUT OUT OF THE HIGH PAYING SATELLITE AND CELLULAR TELECOMMUNICATIONS FIELD IN AMERICA. I WOULD LOVE TO SIGN UP FOR THIS PROGRAM AND HELP CREATE CHANGE IN NEW YORK CITY PLEASE CONTACT ME AT 1-347-457-0440

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  • tony m

    Being a CCNY Engineering school grad I would suggest locating the Incubator near CCNY, and with Andy Grove of Intel also a graduate his help could accelerate the process. Just a thought.