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FOXBusiness.com’s Kate Rogers at the Take the HELM competition, which is awarding five startups $250,000 to create jobs in lower Manhattan.
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More than -- -- after 9/11 New York city's financial district is ready for its -- -- -- competition which stands for hiring and expanding -- alarming is awarding up to five local start -- 250000.
Dollars in tax.
The goal to create jobs right here in downtown New York.
The competition was sponsored by the New York City economic about incorporates.
Nineteen finalists were selected from a group of 300 applicants.
All in the creative services and tech sectors.
The judges' panel -- members of entrepreneurial.
Venture capital and finance communities in New York City.
-- -- companies with meaningful ideas.
I really want to see not just a viable business but.
The company that could have sort of a catalytic effect on the community down here that would bring in the kinds of people who -- not only thinking.
Using these products and services but also creating their own because it's about -- any business.
We want us here are companies that really solving the problems that change the world.
Since they were used to pitching for venture capital and -- we had a few finally give us there Alan BP H -- one sentence.
-- work is the support system for freelancers are entrepreneurs and small businesses who are trying to be successful -- keeping things.
That -- is the ultimate travel web site for curious compassionate travelers.
-- -- nine at that destination for consumers to discover and define their personal style.
-- in nineteen finalists received 101000 dollars and green.
And east and it had big plans for all the fat -- Our biggest idea is basically give it to our members so.
We have 4000 members now we'll be adding another thousand Wendy's opened up and -- it's lower Manhattan.
So we're gonna figure -- -- really creative way to use that money to empower them make them -- -- That's what we really see this as.
The endowment for -- that we will then use.
To generate enough revenue that will continue to get back to the principles that we really -- see this -- New York is investing in us economy Nancy Pratt -- This year's senior video for a finance and nine and we plan to invest heavily in the expansion of video content that is studios.
Com and on new office downtown.
And we're at a 110 employees who plan to go to Nevada 170 it is there.
And bringing in new energy and financial district -- -- it's an idea I what do we can trade a few of those suits for some mohawks and some goodies for it.
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