CUNY ECONOMIC DEVELOPMENT CORPORATION

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; AND3) TO PROMOTE THE ECONOMIC DEVELOPMENT AND COMPETITIVENESS OF NEW YORK CITY AND NEW YORK STATE.