BUSINESSTHE CITY NYC
NYC Manufacturers Fear Losing Lifeline as Budget Cut Imperils Industrial Business Support
NYC manufacturers fear losing critical support as the city phases out a 40-year industrial business program (IBSP), which helps firms navigate challenges like relocation and financing. The new plan, which funds a single citywide coordinator instead of nine neighborhood-based organizations, has been criticized as a funding cut and strategy shift that could undermine local economic development.
Mentioned
Jessica KaplanpersonSightline FabricationorganizationEvergreen ExchangeorganizationGreenpoint Manufacturing and Design CenterplaceIndustrial Business Service Providers (IBSP)topicZohran MamdanipersonDepartment of Small Business ServicesorganizationJesse SolomonpersonSouthwest Brooklyn Industrial Development Corporationorganization
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