Dutch biz incubator leases 100K sf at BK Navy Yard

Spinoff of B.Amsterdam will help Euro startups gain toehold in NYC, and vice versa

Rendering of the B.NY business incubator at the Brooklyn Navy Yard
Rendering of the B.NY business incubator at the Brooklyn Navy Yard

Europe’s biggest business incubator is heading to Brooklyn.

The Netherlands-based B.Amsterdam signed a lease for 100,000 square feet at the Brooklyn Navy Yard, the city announced Wednesday.

The incubator, dubbed B.NY, will help fledgling European business break into the city, and vice versa.

The incubator will occupy Building 127 at the complex.

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“Cities like Amsterdam, Paris and Stockholm are teeming with entrepreneurs looking to conquer the world with a new product or service. And they are all looking for ways to scale up,” said Kajsa Ollongren, the deputy mayor of Amsterdam. “With the creation of B.NY, these startups will be able to enter the US market faster and easier.”

The incubator will focus on design, hardware and tech companies and set aside at least 15 percent of its space for manufacturing.

Earlier this year Brooklyn Brewery signed a lease to take 75,000 square feet at the Navy Yard’s Building 77, and in June it was joined by tech incubator and seed fund 1776, which inked a 30,000-square-foot lease.