NYC Program Helps Startups Beat The Odds

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News Source : Forbes

News Summary

  • The Founder Fellowship program is a collaboration between the NYCEDC and five program partners that each operate a cohort of start-up founders.
  • Collectively they have assisted more than 390 founders since the program’s launch in 2022.2024 Founder Fellows raised over $36M in investment and were valued at nearly $350M by the end of the program.
  • One company that participated in the Founder Fellowship is Krida, a startup which aims to streamline commercial lending workflows for community and regional banks using AI agents.
The NYCEDCs Founder Fellowship program helps startups grow through mentorship, networking and access to capital.Getty ImagesRoughly twothirds of startups dont survive 10 years, Bureau of Labor S [+5522 chars]

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