CONTRACTAPPROVED

NYC-Economic Development Corporation Awards Professional Services Contract to Grand Central Technology Accelerator LLC (December 2024)

NYC-Economic Development Corporation logoNYC-Economic Development Corporation
Disclosed value
Up to $2,100,000 in the aggregate (shared with Supermomos Inc.)
From minutes
Approved
Dec 17, 2024

The 30-second brief

What it covers

NYCEDC approved a consultant contract with Grand Central Technology Accelerator LLC to deliver the New York City Startup Internship Program, as part of the Startup and VC Internship Programs, for up to $2.1 million shared funding. The firm will manage internship placements, training, and wage subsidies for students at tech-enabled startups.

Who holds it

Grand Central Technology Accelerator LLC holds this professional services contract with NYC-Economic Development Corporation. Its other public contracts on record include work for NYC-Industrial Development Agency.

What happens next

Term as filed: Multi-year programs; initial scope covers Startup Internship Program and VC Internship Program, exact years not specified.

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Contract details

Contract type
Professional Services
Amount
Up to $2,100,000 in the aggregate (shared with Supermomos Inc.)
Document date
December 17, 2024
Term
Multi-year programs; initial scope covers Startup Internship Program and VC Internship Program, exact years not specified
Source document
New York City Economic Development Corporation Minutes Regular Meeting of the Executive Committee 2024-12-17 (Minutes)

Grand Central Technology Accelerator LLC's other public contracts

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Questions about this contract

Who was awarded the professional services contract by NYC-Economic Development Corporation?

Grand Central Technology Accelerator LLC was awarded this professional services contract by NYC-Economic Development Corporation, as recorded on December 17, 2024. The contract value is Up to $2,100,000 in the aggregate (shared with Supermomos Inc.).

How much is the Grand Central Technology Accelerator LLC contract with NYC-Economic Development Corporation worth?

The Grand Central Technology Accelerator LLC contract with NYC-Economic Development Corporation is valued at Up to $2,100,000 in the aggregate (shared with Supermomos Inc.), covering professional services work.

What type of contract is this?

This is a Professional Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in New York City Economic Development Corporation Minutes Regular Meeting of the Executive Committee 2024-12-17 (Minutes), dated December 17, 2024 from NYC-Economic Development Corporation. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Grand Central Technology Accelerator LLC hold?

Grand Central Technology Accelerator LLC may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is NYC-Economic Development Corporation currently buying?

Explore NYC-Economic Development Corporation's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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