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NYC, France Partner on Tech Expansion Initiative

French companies have invested more than $7.2 billion and created in excess of 21,000 jobs in the city over the last 15 years. At present there are 180 French startups in New York City engaged in such sectors as advertising tech, artificial intelligence and retail.

City officials estimate that 30 new French firms engaged in such sectors as cybersecurity, edtech, and e-commerce are contemplating expansion plans in New York City this year. City officials estimate that 30 new French firms engaged in such sectors as cybersecurity, edtech, and e-commerce are contemplating expansion plans in New York City this year.

NEW YORK CITY—New York City and France have announced they are partnering to foster the expansion of tech and innovation firms across the Atlantic.

The partnership between the respective French and New York City economic development organizations—La French Tech NYC and the New York City Economic Development Corp.—along with the Consultate General France will offer support and guidance for business expansions and create a pipeline of data and information sharing on local economic trends. NYCEDC and La French Tech NYC say they have identified points of contacts that can support startups in their expansion plans and provide them with referrals to government-supported co-working/incubator spaces in the city.

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John Jordan

John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.

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