Our new Take the HELM competition rewards and promotes new Lower Manhattan tenants that can bring the best and brightest employees to the neighborhood, with the potential to add more in the near future; continue the re-branding of Lower Manhattan as a hub of innovative businesses poised for growth; and diversify the economic base of this 85-million square foot central business district, complementing the financial sector.
To encourage business growth in Lower Manhattan, Take the HELM is looking to award four $250,000 cash grants to the following types of companies:
Creative: If you’re a creative company, Take the HELM wants to reward you for joining Condé Nast, SHoP Architects, The Paris Review, and XO Group in Lower Manhattan.
Tech: If you’re a technology company, Take the HELM wants to welcome you to a neighborhood that has nearly doubled its tech presence in the last five years.
New New Yorkers: If you’re a company from outside New York City, Take the HELM will help you establish roots in Lower Manhattan and continue the neighborhood’s appeal to the world’s best and brightest.
Startups: If you’re a startup less than three years old, Take the HELM will help you build an office and connect you with the neighborhood’s burgeoning startup community.
Take the HELM will select up to 20 finalists that best meet the goals of the competition and seek to open an office in Lower Manhattan. Finalists will each receive a $10,000 cash grant and an opportunity to interview with the distinguished Selection Committee, and will participate in two days of exclusive business development programs in Lower Manhattan. Up to four Take the HELM winners will receive an additional $250,000. At least one $250,000 prize will be reserved for startup applicants.
“At the Brooklyn Navy Yard, industrial buildings are being rejuvenated so that people can do what they always did there: make things.”
- Justin Davidson, New York Magazine
Manufacturing is making a comeback in Brooklyn. The borough, which in recent years has become synonymous with the artisanal revolution, is returning to its industrial roots with a 21st century spin. On a 300-acre plot of land between Williamsburg and DUMBO lies the remnants of the Brooklyn Navy Yard. This summer, construction began, transforming several existing buildings in the Navy Yard into Green Manufacturing Center, which is expected to be completed in 18 months, and The New Lab, a collaborative design and fabrication laboratory that already has several tenants lined up.
While Brooklyn manufacturers are no longer turning out spools of thread on an assembly line, modern technology has enabled the return of manufacturing, and with it, jobs.