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New Jersey company to open ‘Innovation lab’ in New York City

A New Jersey company will be creating an Innovation Lab in New York City.

A New Jersey company will be creating an Innovation Lab in New York City.

According to a news release from New York Governor Andrew Cuomo, the state will be joining forces with a New Jersey based company for a new technology project.

ADP Inc. has been granted $2 million in tax incentives to build a software development office in lower Manhattan that will generate at least 100 tech jobs. being placed at 135 W. 18th St., the new "Innovation Lab" is an arm of the human resource data outsourcing business that will be used by the research and development division.

According Cuomo, the decision to create an Innovation Lab in the city will be a win-win solution for the community. Aside from the 100 "new, good paying jobs for New Yorkers," the project will also participate in an internship and work experience program that will help prepare students for careers in the growing STEM fields.

"Empire State Development and the city of New York have been great partners in helping us get our new Innovation Lab off the ground," stated Mike Capone, Corporate Vice President of Product Development and CIO at ADP. "Our goal for this facility is to have highly specialized and creative teams focused on quickly incubating and delivering capabilities that will dramatically increase the value of our HCM platforms for clients."

There has been a push by the New York City government to improve the technology sector in the city and this seems to be a step in that direction. With the help of a New York IT support service, any company can start putting themselves in a spot for future projects.