The Partnership for New York City’s mission is to engage the business community in efforts to advance the economy of New York City and maintain the city’s position as the center of world commerce, finance and innovation. Through the Partnership Fund for New York City, the Partnership contributes directly to projects that create jobs, improve economically distressed communities and stimulate new business creation.
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.
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 Partnership Fund for New York City, the Partnership directly invests in economic development projects in all five boroughs of the city.
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.
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.
The Partnership Fund for New York City is the Partnership’s economic development arm. To date, the Fund has raised in excess of $110 million and made more than 100 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.