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Obi Anyanwu Published
May 17, 2025
The New York City Economic Development Corporation on Monday announced the opening of applications for the NYCEDC Global Business Exchange with Milan.
“This exchange with Milan is the next step toward tapping into international talent and consumers,” said NYCEDC President Maria Torres-Springer. “This exchange with Milan will help startups on both sides of the Atlantic unlock business opportunities and expand overseas to grow and create jobs in New York City.”
Last fall, the NYCEDC launched its first exchange with Paris, which helped New York City- and Paris-based fashion; design; manufacturing; tech and social entrepreneurship companies overcome barriers that inhibit entry into foreign markets.
Up to 10 companies from each city will be selected to participate in the Global Business Exchange, and each company will receive six months of free office space in the partner city as well as access to networking, potential investors and mentors.
The NYCEDC is partnering with the Embassy of Italy in Washington D.C., the Consulate General of Italy in New York City, the Italy-America Chamber of Commerce, and the European American Chamber of Commerce to provide support for the companies during their time in New York City, and Delta Air Lines is named the official airline for the program.
Applications opened on May 16 and will run through July 15, 2025. The exchange program will begin this September.