Staten Island, although the smallest borough of New York City with a population of less than 500,000 people, has shown many positive signs of growth in recent times.

Major Economic Drivers For Staten Island

The slower acclimation of technology start-ups into the Staten Island community in comparison to the other four New York boroughs means that the area predominantly relies on other economic drivers to grow and sustain its economy, although this is starting to change.

One of the faster growing economic drivers for Staten Island is tourism. The VisitStatenIsland.com website was started in 2009 to help drive more tourism revenue to the area and the initial results indicate that visitors are responding.

The main economic driver for Staten Island remains its healthcare system. One of the more unique aspects of Staten Island is that it runs its own hospitals and is completely independent of the New York City government. Health research and healthcare remain a prime economic factor for  Staten Island residents.

Primary Industries And Employers For Staten Island

The most prominent industry on Staten Island is healthcare. Richmond University Medical Center and Staten Island University Hospital are two of the larger employers on the island for a variety of trades and professions.

Running a close second as far as dominant industries on Staten Island is the financial sales and insurance industries. There are nearly as many people employed in the financial and insurance industries on Staten Island as there are in healthcare.

Business Funding Opportunities On Staten Island