New York City’s tech scene has suddenly taken off. According to NYCEDC, The Mayor’s office quotes technology as one of the city’s fastest growing sectors, representing 291,000 jobs and $30 billion annual wages. Venture capital funding in New York grew 53% in 2014, and NYC digital employment grew up to 18%.
But appendTo, has seen demand from employers, government offices, and community organizations have started to realize that demand very soon might cover the city’s local supply of well qualified tech employees. For retaliation, public and private sector organizations are rising to the challenge of training the upcoming generation through well-equipped and accessible technical education.
Mayor Bill de Blasio announced a technological talent pipeline initiative to grow New York City’s tech industry and train New Yorkers for high-paying jobs in May, 2014. Kristen Titus is leading this $10 million dollar initiative and more than 20 industry partners ranging from Buzzfeed to Goldman Sachs are supporting it. Each partner will provide different types of support, educational, financial, resource based or whatever it may be.
In inclusion to the Tech Talent Pipeline’s magnificent lineup of industry partnerships, private and public organizations will be funding K-12 tech education programs on an inexpensive basis. Patricia Jenny is Vice President for Grants at The New York Community Trust, securing the fate of over $40 million in competitive contributions. She added: “On a high level, the US is at risk of losing competitive advantage because we aren’t producing students with STEM skills. The technology industry is so fast-forwarding and doesn’t have to put risks down, which creates city, state and national-level competition.”
HIVE NYC, one of the more advanced initiatives which is working to provide tech education to New York City students, doesn’t remain behind. Their wide spread network of 57 nonprofit organizations is quite flexible with a focus on underserved communities and minority students. HIVE NYC has the amazing potential to leave a tremendous impact on the city’s future workforce.
Founded in 2009 through The MacArthur Foundation’s Digital Media and Learning initiative, stewarded by Mozilla, and funded by The Hive Digital Media HIVE NYC connects several museums, advocacy groups, libraries, higher education institutions, code clubs, after-school programs and tech start-ups teaching their students to code. Scholarships are also awarded to organizations on an individual basis, and grant funding incentives sometimes also support nonaffiliated organizations in order to expand the work output of HIVE NYC programs. The organization tries to test the capabilities of students through providing different configuration and classes ok skills to learn.