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State of the Industry in New York City

Karen Bhatia
Vice President at New York City Economic Development Corporation

Karen Bhatia is Senior Vice President at the New York City Economic Development Corporation, leading Creative and Applied Tech strategies to promote economic development and entrepreneurship throughout the city. This includes emerging tech initiatives such as NYC's blockchain strategy, launching the first publicly-funded VR/AR Lab in the country, spearheading the City's strategy for ethical development of AI & data, and growing advanced manufacturing in fashion. Karen is also an attorney, entrepreneur and startup advisor. She was the principal of her own law firm advising tech startups on corporate issues, financing and overall business strategy. As an entrepreneur, Karen founded ActionCam, an educational platform explaining public policy issues and providing resources for people to take action. Karen also founded Stanford Startups NY, a business network of over 700 Stanford entrepreneurs and investors in the region. She is an advisor to several tech organizations and also on Board of Trustees of Mott Hall, a middle school in the South Bronx. Raised in Queens, Karen has a B.A. from Stanford University, a Master's degree in Public Policy from Harvard's Kennedy School of Government and a J.D. from George Washington University Law School.

Course Description:

NYCEDC plays a pivotal role in developing the tech ecosystem and promoting job growth throughout the city. NYCEDC launched its first City-sponsored tech incubator in the early 2000s to build a nascent community of entrepreneurs during the dot-com boom. Since then, a network of investors, innovators, academics, incubators and large corporates has emerged to support the thriving startup ecosystem. Today, NYCEDC is focused on maturing the tech ecosystem through strategic initiatives to jumpstart innovation in emerging sectors and to promote the adoption of technology in traditional sectors.

Attendees will leave this session with a better understanding of how to:


  • Capitalize on the growth of the tech sector in NYC

  • Discover the City’s programs for entrepreneurs

  • Learn about the specific ways in which NYC is supporting emerging technologies