The Bronx is getting it’s first city-sponsored startup incubator. Mayor Michael Bloomberg broke ground on the Sunshine Bronx Business Incubator on Wednesday, which will be able to service 400 entrepreneurs over the next three years.

The facility located in the BankNote Building at 890 Garrison Avenue in Hunts Point will follow the model set by the city-sponsored tech incubator at 160 Varick Street, and the media/freelancer space Hive @ 55 in Lower Manhattan. Read more