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MISSION To enhance the economy of the five boroughs of New York City and maintain the city's position as the center of world commerce, finance and innovation. FOCUS The Partnership is a nonprofit membership organization comprised of a select group of two hundred CEOs (“Partners”) from New York City’s top corporate, investment and entrepreneurial firms. Partners are committed to working closely with government, labor and the nonprofit sector to enhance the economy and maintain New York City’s position as the global center of commerce, culture and innovation. Enhancing the City’s Economy The Partnership focuses on research, policy formulation and issue advocacy at the city, state and federal levels. By leveraging its network of Partners, the Partnership has the unique ability to go beyond advocacy to action. Through its affiliate, the New York City Investment Fund, the Partnership directly invests in economic development projects in all five boroughs of the city. Research and Policy The Partnership serves as a resource of expertise and creative thinking for public policy makers, the media and others who are trying to understand and stimulate the growth of the New York City economy. The Partnership formulates policy by sponsoring economic impact studies, conducting business surveys, and convening task force panels and conferences for Partners, economic experts, public officials and other constituencies concerned with economic development. Issue Advocacy At City Hall and in Albany and Washington, the Partnership provides an opportunity for the business community to be heard on important economic issues, such as job creation and development of the infrastructure necessary to support emerging industries. For 2006, the Partnership’s priority issues include, supporting continued reform of the city’s public education system, strengthening and diversifying the city economy and helping the City and State address long-term structural budget deficits. Economic Development The New York City Investment Fund is the Partnership’s economic development arm. To date, the Fund has raised in excess of $110 million and made more than 80 investments in businesses and nonprofit projects that promote the local economy. Currently, the Investment Fund is working on establishing a commercial biotechnology cluster in the city. |
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