Cornell NYC Tech
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| Type | Private |
|---|---|
| Established | 2012 |
| Postgraduates | 2,000 |
| Location | New York City, New York, U.S. |
| Website | tech |
Cornell Tech is the technology-focused campus of Cornell University located in New York City. In operation since 2012, Cornell Tech is a research and graduate-level education institution, offering programs at the professional masters, doctoral and postdoctoral levels. Cornell Tech includes the Joan & Irwin Jacobs Technion-Cornell Institute, a partnership between Cornell University and the Technion – Israel Institute of Technology. The Cornell Tech campus is currently located in a temporary site, the 111 Eighth Avenue building in Chelsea, Manhattan. A new permanent campus is being constructed on Roosevelt Island, with the first 3 buildings opening in summer 2017.
In 2008 the Bloomberg administration in NYC recruited Steven Strauss, an American economist and former McKinsey & Company management consultant, to oversee a series of research projects looking at the future of NYC's economy in the context of global economic trends. The analysis concluded that NYC had significant opportunities in the high tech sector and recommended a series of initiatives to better capitalize on these developments, these recommendations included but were not limited to: creation of string of incubators, an early stage investment fund, NYC Big Apps, etc. An important recommendation was that a key factor for success in these markets would be increasing the quality and quantity of technology talent in NYC. In response to this recommendation Mayor Bloomberg created a competition among leading universities to expand applied sciences in NYC (Applied Sciences NYC) with a focus on entrepreneurship and job creation. As a first step in this competition process in December 2010 NYC requested expressions of interest from leading universities (in NYC, in the United States, and outside the United States) about expanding existing campuses in NYC (e.g., Columbia University and New York University) or bringing in an outside university (e.g., Cornell or Stanford), and in March 2011 some 18 universities responded. Next, in July 2011 NYC published a request for proposals for the building of the actual applied sciences campus and in October 2011 seven universities submitted formal proposals to build the new applied sciences campus.
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