Julie Samuels, Tech:NYC and New York's Innovation Economy

In this episode of Capital for Good we speak with Julie Samuels, the founder, president, and CEO of Tech:NYC, a network of technology leaders dedicated to fostering a dynamic, diverse, and creative New York. Launched in 2016, Tech:NYC operates at the intersection of business, government, academia, and philanthropy, convening leaders to strengthen New York's innovation economy through policy, partnerships, and programs. We begin with some of Samuels's formative experiences at the intersection of technology and policy: a college internship at the National Center for Supercomputing Applications at the University of Illinois Urbana-Champaign, work as an IP lawyer and at the Electronic Frontier Foundation (EFF), and her leadership of Engine, the national nonprofit focused on technology entrepreneurship and advocacy. We also discuss the context and conditions that would inform the launch of Tech:NYC: the groundwork laid by the Bloomberg Administration to foster the growth of the city's tech sector, a critical mass of tech firms in the city, and industry leaders like Fred Wilson, Kevin Ryan and Tim Armstrong who recognized that better and coordinated leadership could help shape New York's continued growth as the country (and world's) number two tech hub behind Silicon Valley. Samuels is passionate about the technology-city nexus. "Tech culture and tech zeitgeist really lend themselves to an urbanist way of seeing the world," she says. "People in tech have a systems framework, and big urban centers like New York are all about systems — think about things like public transit. This makes for natural connection between tech and urban centers." She notes that New York has been particularly successful in tech because of the diversity of its other industries: companies can apply and test technologies developed on the West Coast to other markets, from financial services and health care to real estate, hospitality, media, fashion, or wherever New York is the world's "center of gravity." According to Samuels, these dynamics underpin the sector's extraordinary growth: today technology is the city's fastest growing industry with over $30 billion in annual venture capital flowing to 25,000 startups and accounting for 300,000 jobs (64 percent growth over the last decade, 41 percent of net job growth since 2019) and nine percent of the Gross City Product. Samuels underscores the cultural reasons this growth is durable: "Tech is a creative industry," she explains. "It benefits from the creative energy of a big city… density, networks of different kinds of people, cultural institutions, night life. When I lived in San Francisco, I would meet tech people who lived in SF. Here, we have New Yorkers who work in tech." Tech:NYC's work has evolved over the last ten years, while remaining true to its mission "to ensure New York City is the best place to start and grow a tech company." For Samuels, this mission is two-fold: create the conditions for the tech industry to thrive and integrate technology into the life of the city in ways that uplift everyone. "As tech radically changes how all of us live and work," Samuels says, "Tech:NYC exists to ensure transition is as smooth as possible." As a research and policy advocacy organization, Tech:NYC focused its early years primarily on technology policy and the role of the tech sector in the city and state's larger economy. Today, Samuels notes, while Tech:NYC still works closely on tech policy — things like data privacy, broadband, or public private partnerships like Empire AI, which will provide state-of-the-art power for New York's top University researchers to develop safe, equitable, and responsible AI — it is also focused more broadly on basic "livability" issues like housing, education, and public safety that allow people to live, work and raise families in New York.  Tech:NYC's work also extends to programs like Decoded Futures, a capacity-building AI initiative that equips leaders from the social sector with the tools and skills to use AI to scale their impact, and the Grid Fellowship, which connects technology leaders with New York's public sector. And since its earliest days, Tech:NYC has undertaken many initiatives in K-12 and higher education and workforce development to invest in the participation of all New Yorkers in the tech economy. We discuss the challenges of the current moment, including the advent of AI and its attending economic and political complexities. Ultimately, Samuels says, "Progress is real; we're strivers, builders, creators. Let's lean into that, and make sure growth happens with intention and with the right guardrails. New York can lead on this."   Mentioned in this episode: Tech:NYC Built to Lead: New York's Momentum Toward Global Leadership in Applied AI, (Tech:NYC and Accenture, 2025)