When the leaders of the TeleMedia Accelerator approached TCA in November of 1999, they had a vision of a workplace where energy and innovative ideas naturally emerge, where state-of-the-art design breeds open communication. TCA responded by creating a future-focused ‘lab’ environment that encourages a new workplace dynamic.
The unique nature of the TeleMedia Accelerator project added design demands. A for-profit enterprise with a civic mission, the TeleMedia Accelerator was created to provide seed funding, space, infrastructure and professional services to accelerate the growth of new companies in broadband content and e-commerce sectors. It is the first of five planned projects with “public/private” funding started by the New York City Investment Fund, founded by Henry Kravis, and the City University of New York. When fully occupied, the space will be home to more than 10 individual organizations with distinctive personalities yet shared needs.