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May 15, 2013 - NYCEDC

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LINK goals are to better connect low-income residents to growth<br />

opportunities and support business growth<br />

Leverage emerging opportunities by better connecting workers/ skills to jobs<br />

1<br />

DigitalWork NYC: Training program to increase awareness of online work opportunities that allow participants to earn<br />

money completing digital tasks (e.g., transcription, image tagging), build an employment history, and create a pathway<br />

towards digital jobs<br />

2<br />

3<br />

“Learn as you Earn” Advancement Program: Paid internships for Associate degree or certificate<br />

program candidates to obtain relevant, in-demand skills, work experience, wage and credits alongside classes<br />

Immigrant Bridge Program: Increases earning potential of underemployed, foreign-trained immigrants with high-demand<br />

skills (e.g., STEM), through career counseling, low-interest loans, licensing pathways, and job placement services<br />

Support and help businesses and service providers<br />

4<br />

5<br />

6<br />

7<br />

8<br />

Jobs and Economic Mobility (JEM) Track in <strong>2013</strong> NYC BigApps Competition: Brings together the tech and CBO<br />

communities to create technology-enabled solutions to help CBOs more effectively address challenges they face in serving<br />

low-income populations<br />

LIFT Entrepreneurship Program: Supports low-income entrepreneurs to start and grow businesses by (1) providing<br />

space and technical support, (2) access to loans, (3) partnerships with local anchors<br />

NYC Business Innovation Challenge: Five-borough, dual-round competition to challenge businesses, service providers<br />

and community groups to unlock the potential in NYC’s workforce and neighborhoods<br />

PROGRESS Networks: Develops consortia of SMEs that leverage scale to lower the cost of doing business in particular<br />

areas to enable better provide worker benefits and services<br />

Vacant Lot Activation Programs: Puts long-term vacant land to productive use by utilizing City owned vacant lots<br />

Note:<br />

Initiative numbers in circle are specific to distressed neighborhoods; colored boxes denote barriers addressed by proposed initiative<br />

NEW YORK CITY ECONOMIC DEVELOPMENT CORPORATION

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