Business Incubator Coming to Harlem

August 21, 2012  |  

City College of New York’s (CCNY) Grove School of Engineering is using a $1 million grant to create an incubator program that will bring together engineering and entrepreneurship. The grant came from Irwin Zahn, philanthropist,  founder of the company Autosplice and class of 1948 CCNY graduate. Zahn sold his company some years ago and founded The Moxie Foundation, which pursues opportunities to support education and entrepreneurship.

The school is also getting a $400,000 grant from the office of Manhattan Borough President Scott Stringer, which will finance a laboratory. The program will open its doors next month. Students will use the facilities to build prototypes of their ideas and learn to market them. Small businesses in the Harlem community will also have access to the center. The focus will be on creating products in the “devices and manufacturing” areas.

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