It marked an expansion of the "Made in NY" initiative, which celebrates the local media and entertainment industries, and highlights the growing importance of the tech sector to the city.

BBC: Business

And the "We are Made in NY" initiative was recently launched by the Mayor's Office of Media and Entertainment and NYTM to help promote the city's technology sector, which now includes some 900 companies.

BBC: Business

Brian Cohen, Chairman of the NY Angels, recently cited an article that showcased how angel investors made 50, 000 investments last year in early stage deals, while Venture Capital firms made 600.

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