NYU Tandon Incubators Boost Startup Success and New York Economy in 2015
NEW YORK, Dec. 22, 2015 /PRNewswire-USNewswire/ — New York City’s premier academic incubator initiative, operated by the NYU Tandon School of Engineering, welcomed 21 new companies in 2015, furthering a commitment to the startup community and New York’s economy.As of December 2015, the NYU Tandon Incubators boast a survival rate of nearly 90 percent; of 64 program graduates, 56 remain operational. This stands in sharp contrast to the typical failure rate of 80 to 90 percent for startup companies in general. “Behind this record of longevity are a number of factors that NYU Tandon Incubators employ while nurturing early-stage startups—from the careful selection of applicants with strong potential and alignment with the research strengths of the university to a broad range of services that NYU and a select group of partners provide,”…
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