NAVY YARD — Europe’s largest tech incubator will open its first American startup center at the Brooklyn Navy Yard — bringing with it 500 new jobs, city officials said.
The site will provide office and manufacturing space to European startups who want to expand in the Big Apple. Through B. Amsterdam’s partnership with the Navy Yard, New York City-based entrepreneurs looking to expand internationally will have access to the incubator's facilities in Europe.
Renovations for B. Amsterdam’s new space at the Navy Yard are expected to start early next year.
At least 15 percent of the new facility will be used for manufacturing for product design, hardware and tech companies.
The incubator will also provide business services like legal assistance, tax assistance and human resources for early-stage and growth-stage companies.
B. Amsterdam will also be developing an educational program for the young and unemployed at the Navy Yard location. The program will be similar to the B. Startup School Amsterdam, a nine-month program in which students learn skills to begin their careers as coders, designers, hackers and digital content creators.
The tech incubator is the Netherlands’ largest and hosts more than 300 businesses at two sites.
The new hub at the Navy Yard is a partnership between Deputy Mayors Alicia Glen of New York and Kajsa Ollongren of Amsterdam.
“B.Amsterdam’s new Navy Yard hub will become a launching pad for new businesses across the five boroughs,” Glen said in a statement. “The start-ups and spinoffs that start here will translate into good, living-wage jobs for New Yorkers. We are thrilled our partnership with the city of Amsterdam is driving innovation and growth on both sides of the Atlantic.”
Another tech hub called New Lab, part of the city’s Urban Tech NYC program, opened this summer at the Navy Yard. The 100,000-square-foot startup center provides space for small companies that have outgrown incubators or other early-stage programs.