COMMON MAPS
Map version new-york activity top-down
Main site Contact
Menu
↑ parent activity group ·
research dossier

CUNY ECONOMIC DEVELOPMENT CORPORATION
NEW YORK, NY · EIN 134165855 · Form 990EZ · FY2024 · NTEE S31 · Community Improvement · Micro (<$100K)
revenue
$6K
expenses
$6K
net assets
$-49K
employees
—
mission · from form 990

CUNY ECONOMIC DEVELOPMENT CORPORATION (CUNY EDC) WAS INCORPORATED IN MARCH 2001 TO SUPPORT AND ADVANCE THE EDUCATION, RESEARCH AND PUBLIC SERVICE MISSION OF THE CITY UNIVERSITY OF NEW YORK (CUNY). THE PRIMARY PURPOSES OF CUNY EDC ARE TO: 1) BROADEN AND ENRICH THE ACADEMIC ENVIRONMENT AT CUNY BY PROVIDING ENTREPRENEURIAL OPPORTUNITIES TO CUNY FACULTY, STUDENTS AND STAFF; 2) FOSTER RELATIONSHIPS BETWEEN CUNY AND THE NEW YORK CITY BUSINESS AND TECHNOLOGY COMMUNITY, THEREBY FACILITATING THE TRANSFER OF CUNY SCHOLARSHIPS TO THE PUBLIC; 3) TO PROMOTE THE ECONOMIC DEVELOPMENT AND COMPETITIVENESS OF NEW YORK CITY AND NEW YORK STATE.

profile · synthesized from sources

CUNY Economic Development Corporation (CUNY EDC) was incorporated in 2001 to support and advance the educational, research, and public service mission of the City University of New York (CUNY). It aims to enrich the academic environment by providing entrepreneurial opportunities to CUNY faculty, students, and staff, while fostering relationships between CUNY and the New York City business and technology community to promote economic development in New York State.

named programs · 2 · from sources

What they call their work

Entrepreneurial Opportunities Program
Provides CUNY faculty, students, and staff with resources and support to develop entrepreneurial projects and startups
Industry-Academic Partnerships
Fosters collaborations between CUNY researchers and New York City’s business and technology community to facilitate technology transfer and innovation
activities · 2 groups

What they do

  • Regional Economic Development Initiatives 2 activities
    • Advancing regional economic development and competitiveness
      Engages in advocacy and strategic initiatives to promote the economic growth and competitiveness of New York City and New York State through university-led innovation and collaboration.
    • Fostering university-industry partnerships for technology and knowledge transfer
      Builds and strengthens relationships between CUNY and the New York City business and technology sectors to facilitate the transfer of academic research and innovation to the public and private sectors.
  • Youth and Student Entrepreneurship Competitions 1 activity
    • Providing entrepreneurial opportunities for CUNY faculty, students, and staff
      Supports the City University of New York (CUNY) mission by creating pathways for entrepreneurial engagement among faculty, students, and staff, enabling them to translate academic work into real-world applications.
financials · form 990EZ · fy2024
revenue
Total revenue$6K
Contributions & grants——
Program service revenue——
Investment income——
Other revenue$6K
expenses
Total expenses$6K
Program expenses—
Admin / overhead—
Fundraising—
Salaries & benefits—
Grants paid out—
balance sheet
Total assets$31K
Cash—
Investments—
Liabilities—
Net assets$-49K
6 years on record · 2019–2024 · YoY revenue 0.0%
leadership · form 990 part vii · fy2024

Who runs it

board members · 4
  • DEREK DAVIS — DIRECTOR
  • HECTOR BATISTA — DIRECTOR
  • JENSEN AMBACHEN — EXECUTIVE DIRECTOR
  • MOHAMED ATTALLA — DIRECTOR
relationships · 1

Who they work with

  • City University of New York Government — Primary affiliated institution supported by CUNY EDC to advance education, research, and public service.
strategies · 2

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Academic Entrepreneurship
    methodology: academic-entrepreneurship
    By creating entrepreneurial opportunities for CUNY faculty, students, and staff, the organization drives economic development because it strengthens the pipeline from academic innovation to market-ready solutions.
  • University-Industry Partnership
    methodology: university-industry-partnership
    By building partnerships between CUNY and the NYC business and technology community, the organization produces public value because it enables academic research to be translated into practical applications that serve broader societal and economic needs.