Resources and Costs

In addition to the resources listed below, BEST follows the model of a “networked incubator,” using its web site to foster partnerships among start-up teams and other successful Internet-oriented firms. With the help of such a networked web site, start-ups can network to obtain resources and partner with others quickly, allowing them to establish themselves in the marketplace ahead of their competitors.

We also maintain close working relationships with several NYC-based organizations and associations, giving our tenants the benefits of invaluable resources from organizations such as:

• New York City Economic Development Corporation
• Brooklyn Economic Development Corporation
• Industrial and Technology Assistance Corporation
• Business Incubator Association of New York State, Inc.

Resources for On-Site and Virtual Tenants

• Secure office access 24/7 (on-site tenants)
• Furnished private office space (on-site tenants)
• Receptionist to meet and greet visitors
• Shared administrative services
• Shared conference room with media equipment
• Collaborative project management software
• Access to talented tech and management student interns
• Standard office resources: high-speed Internet, phone, mail, fax, printers, copiers

Costs to On-Site Tenants

Companies based on NYU-Poly IP: Space and services will be arranged at low- or no-cost (a license agreement must be in place).

Companies NOT based on NYU-Poly IP: Space and services are at the below market price of $300 per month.

Equity: A company may opt to give NYU-Poly equity into its company in exchange for space and services at no additional cost. In this case, NYU-Poly will not interfere with the management of the company.

Costs to Virtual Tenants

Virtual tenants are charged $150 per month. They are also charged a minimal overhead charge to hire NYU-Poly student interns on an hourly basis.