Consultant Services, Greenlight Innovation Fund

The New York City Economic Development Corporation (NYCEDC) is seeking proposals for the Greenlight Innovation Fund, which aims to provide City capital funding for the development of facilities in New York City that support the Green Economy, Life Sciences, Advanced Technology, and Creative Industries. The fund has an allocation of up to $50 million and intends to make multiple awards of at least $3 million per project. The proposal should include a detailed development plan, feasibility of ongoing operations and management, and quality of respondent team. The following are key points to consider: • The Fund is limited to programs initiated by nonprofit entities or joint ventures with a nonprofit lead respondent. • The Fund will provide City Capital for specific projects that are part of the overall program, such as acquisition of real property, construction of facilities, or purchase of equipment. • NYCEDC generally seeks to fund no more than 50% of the total program cost. • Companies that have been certified with the New York City Department of Small Business Services as Minority and Women Owned Business Enterprises (MWBEs) are strongly encouraged to respond.