The Franchise Owner's most trusted news source


Log In / Register | Dec 21, 2014

NYC Food Incubators Aid Start-Ups

A growing support system called food incubators is providing commercial kitchen space that rents at an affordable price to budding New York City food businesses. Some of the incubators are backed by the city, while others are privately owned. One is even certified as organic by the U.S. Department of Agriculture.

"Some of the older, larger [food manufacturing] establishments have either gone out of business or left the city, but they are rapidly being replaced by new small start-up businesses," said Seth Pinsky, president of the city's Economic Development Corp. To be sure, the new businesses are smaller, and the average number of employees has dropped to 14 from 20, said Mr. Pinsky. But the industry still employs more than 19,000 people, the majority of whom are immigrants.

Read more at The Wall Street Journal

No votes yet