Cornell Tech
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| Type | Private applied science school |
|---|---|
| Established | 2012 |
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Parent institution
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Cornell University |
| Dean | Daniel P. Huttenlocher |
| Location | New York, NY, United States |
| Campus | Urban |
| Language | English |
| Website | tech |
Cornell Tech is an engineering campus of Cornell University located in New York City. It includes the Jacobs Technion-Cornell Institute, a partnership between Cornell University and the Technion – Israel Institute of Technology. It was the result of an economic development initiative of Michael Bloomberg's mayoral administration, to attract another engineering school to the city in the hope that it would produce entrepreneurial engineers who would in turn start companies which would create jobs.
Cornell Tech began operations in 2012 at a temporary site, the headquarters of Google at 111 Eighth Avenue in the Chelsea neighborhood of Manhattan, during the time a permanent campus was under construction.
In 2008, the administration of New York City Mayor Michael Bloomberg recruited Steven Strauss, an American economist and former McKinsey & Company management consultant, to oversee a series of research projects looking at the future of New York City's economy in the context of global economic trends. The analysis concluded that New York 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 a string of incubators, an early stage investment fund, NYC Big Apps. The success of these recommendations would hinge upon quality and quantity of technology talent in New York City.
In response to this recommendation, Mayor Bloomberg launched a competition to build an applied sciences campus in New York City with a focus on entrepreneurship and job creation. In December 2010, the city requested expressions of interest from leading universities. Eighteen universities responded. Next, in July 2011, New York City published a request for proposals for the construction of an applied sciences campus. The winner would receive $100 million and free land; Roosevelt Island, Governor’s Island, Downtown Brooklyn, and the Brooklyn Navy Yard were discussed as locations.
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