Cornell to Stanford: Stay Out of New York
Most tech observers are well aware that New York’s startup scene has an energetic cheerleader in its mayor, Michael Bloomberg. Among his most recent declarations: naming April 16 of this year “Foursquare Day" in New York City and more recently calling for “immediate immigration reform” that would include a new visa for entrepreneurs with investors ready to back them. Yet Bloomberg’s biggest industry initiative is a competition that will award one university with roughly 10 acres of New York City real estate and up to $100 million at the end of this year. The idea? To create what he hopes will be a talent-attracting, jobs-creating applied sciences and engineering school. The big question, of course, is who will get his administration's blessing -- a regional institution like Cornell, which is among roughly 27 schools that have submitted a proposal to the city’s Economic Development Corporation (EDC), or engineering giant Stanford, which has been making it very plain that it wants to get the nod.
