IIT Mumbai & Amity University bid for Engineering Campus in New York

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Applied Science NYC model

Applied Science NYC model

The Indian Institute of Technology, Mumbai and Noida-based Amity University have submitted bids to the New York city administration to set up a science and engineering campus in the city under Applied Sciences NYC initiative.

The ‘Applied Sciences NYC’ was announced by New York mayor Michael Bloomberg in July inviting proposals from universities, institutions and consortiums to develop and operate a “new or expanded state-of-the-art” campus in the city dedicated to engineering and the applied sciences. It is expected to drive local economic growth and create jobs.

The institute selected to set up the engineering and applied sciences campus will get incentives like free city land and as much as USD 100 million in capital for the project. The name of the selected institute selected would be announced in January after an extensive selection process that will choose a project which generates the greatest benefit to the city and its taxpayers, Bloomberg announced in a news conference.

IIT Mumbai has partnered with New York University, University of Toronto, UK’s University of Warwick, City University of New York and Carnegie Mellon to propose a centre for urban science and research in downtown Brooklyn for over 500 graduate students.

Amity University has on the other hand submitted a proposal to set up a campus in Governor’s Island.

The city received seven proposals from a total of 17 institutions including  Steiner Studios, Columbia University, Cornell University, Technion-Israel Institute of Technology, New York Genome Center, Mount Sinai School of Medicine, Rockefeller University, SUNY Stony Brook and Stanford University.The proposals submitted contain plans for new facilities ranging from 400,000 square feet to over two million square feet.. The institutions propose private investments of more than USD 800 million in the first phases of their projects and this could be increased to USD 2.5 billion over the long-term.

“Universities are always a major magnet for talent – and the world’s most dynamic companies always gravitate to places where they can find the best and the brightest,” Bloomberg said.

“Along with everything we are doing to diversify and strengthen our economy, a new applied sciences campus has the potential to be a real economic game changer that will create jobs immediately, and for generations,” he added.