Innovate NY Launches New York City Student Education Plan for Blockchain and Artificial Intelligence to Generate $2.8 Billion in Economic Output, Supports Andrew Cuomo for Mayor

Innovate NY Launches New York City Student Education Plan for Blockchain and Artificial Intelligence to Generate $2.8 Billion in Economic Output, Supports Andrew Cuomo for Mayor

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New York, NY, Oct. 30, 2025 (GLOBE NEWSWIRE) — The independent political organization Innovate NY PAC today announced New York City’s Student Education Plan for Blockchain and Artificial Intelligence, endorsing Andrew Cuomo for Mayor – a groundbreaking proposal designed to generate $2.8 billion in annual economic output, create 62,000 new jobs, and position New York City as a national leader in education, technology, and innovation-driven revenue growth.

The plan will create the largest STEM education facility in the United States, introduce blockchain and AI professional certificate programs in all five boroughs, and integrate cutting-edge blockchain gaming and data science training into public education.

“Andrew Cuomo’s leadership and record of job creation show that when you invest in innovation and education, you create prosperity that lasts,” said Eddie Cullen, president of Innovate NY PAC. “This plan transforms New York’s public education system into a revenue engine – connecting classrooms, careers and economic growth.”

Building the largest STEM facility in America

At the heart of the plan is a 2.3 million-square-foot Innovation Campus, the largest student-focused STEM complex in the country.
• $3.5 billion total investments through public-private partnerships.
• 20 advanced labs, 10 incubators, and 5 immersive training centers on AI and blockchain technology.
• 18,000 construction jobs and 3,500 permanent research and teaching jobs.
• Annual recurring output is expected to reach US$1.1 billion through operations, research and public-private collaboration.

Expanding vocational and technical education

50,000 students enrolled annually in blockchain and AI certification programs by 2026.
• 25,000 paid apprenticeships in fintech, artificial intelligence and blockchain development, contributing $550 million to annual student wages.
Training 15,000 students annually In blockchain gaming, NFT design, and Metaverse storytelling.
• 100,000 students each year complete AI and Blockchain modules in cybersecurity and engineering programmes.
• Average graduate salary increase: $22,500 per year, generating $500 million in lifetime wage gains per graduating class.

Blockchain games and creative innovation

The plan launches the nation’s first blockchain gaming and digital storytelling network in public schools, connecting New York’s youth to high-growth creative industries.
15,000 participants annually In e-sports, virtual production and digital design.
50 industrial partnerships With game studios and technology companies hiring locally.
400 million dollars annually In the growth of the creative economy
• Targeting 1% of the $600 billion global blockchain gaming market, representing $6 billion of potential GDP.

Global Stock Exchange and Hikma Partnership

The Innovate NY PAC plan includes a partnership with Hekima University in Kenya to expand global research and educational collaboration.
• 250 digital research grants annually.
• 10,000 students connected globally via online classes.
• 1,000 scholarships for underprivileged STEM students.
• $300 million in international education and research revenues over five years.

Why it matters to New York City

New York City’s blockchain and AI student education plan is expected to generate $2.8 billion in annual economic output and $27 billion in total GDP growth over ten years..

Distribution of annual economic output:
$1.1 billion From STEM facility operations and partnerships.
550 million dollars On apprenticeship wages and workforce spending.
400 million dollars In creative gaming and blockchain revenue.
300 million dollars From global research partnerships.
250 million dollars In additional city tax revenue.
200 million dollars From corporate sponsorship and innovation grants.

Ten-year impact:
62,000 new job opportunities citywide Through construction, education and technology.
Training 500,000 students in emerging technologies by 2035.
$6.3 billion increase in annual city tax revenue.
$22,500 average salary premium For graduates of artificial intelligence and blockchain.

By combining education, innovation, and leadership, Andrew Cuomo’s vision and mission of Innovate NY PAC will make New York City the global capital of blockchain technology, artificial intelligence, and workforce opportunity, transforming public education into a cornerstone of economic prosperity.

About Innovate NY PAC

Innovate NY PAC is an independent spending committee dedicated to promoting innovation, education, and technology-based economic growth in New York City. The organization operates independently of any candidate or campaign and does not coordinate any communications or strategies with candidates or their committees.

Paid for by Innovate NY PAC.
Not authorized by any candidate or committee of candidates.
moistw.Innovatenypac.com

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