Galvanize awarded $1.3M incentive to expand to New York, New York City

Tuesday December 13, 2016 0 comments Tags: Denver, Galvanize, Jim Deters

DENVER -- Galvanize Inc. announced it has been awarded $1.3 million from the State of New York as an incentive to bring Galvanize to New York City and the State of New York.Galvanize_logoUSE

The funding is made available through the State’s Regional Economic Development Council (REDC) 2016 Awards, and will be used to support Galvanize's East Coast expansion.

“Our core mission is to give anyone who has the aptitude and ability for the rigors of our program, access to the latest in tech education and to the network of support they will need to acquire a fulfilling job in the 21st century economy,” said Jim Deters, Galvanize CEO.

“Our mission is in harmony with the state and city’s commitment to create opportunities for upward mobility. We are grateful to Gov. Cuomo and the Empire State Development board.

“We see this grant as not only an investment in Galvanize, but also in the future of New York. We look forward to being a partner with the city and the state in building that future.”

Galvanize was selected as part of a multi-tiered, competitive application process through New York Gov. Andrew M. Cuomo's yearly REDC investment and economic development process.

The New York City (NYC) REDC chose Galvanize as a regional economic development priority because the campus will help advance the city’s Opportunity Agenda.

The Opportunity Agenda is a regionally specific, strategic economic development plan to foster opportunities for “upward mobility for the nearly 21% of the region’s population living below the federal poverty level” through workforce development.

The Agenda is especially mindful of math, technology, engineering and science skills that are critical to success in the new economy. The NYC REDC is comprised of local experts from private, public, and non-profit organizations.

Galvanize will use the funding to help finance the renovation of a 55,000-square-foot space that will accommodate workshops, co-working space for tech startups and -- pending approval by the State of New York – the company’s immersive tech-education training programs.

Galvanize offers technical training in web development and data science. Galvanize said it will open in New York City in 2017.