Urban high-tech startup accelerator moves to Navy Yard
Will take up 1,000 sq. ft. in Newlab headquarters
URBAN-X, a leading urban technology startup accelerator backed by MINI, a unit of BMW, and Urban Us, announced on Tuesday its move to Newlab, a community of experts and innovators in the Brooklyn Navy Yard that applies transformative technology to solve important challenges.
A tech startup accelerator is an organization created by experienced high-tech entrepreneurs to help early-stage tech companies develop their product, connect with investors and hone their business model.
URBAN-X focuses on the challenges of life in cities and helps recently-started companies work with city government and institutions and cities themselves. Among the issues it has tackled are climate change, transportation, clean energy and disaster preparedness.