NEW YORK — Former New Jersey Gov.
Michael Bloomberg said he is looking at starting a local restaurant venture.
Bloomberg’s new venture investment will be a restaurant incubator, Bloomberg announced on Twitter.
He will be the co-founder and managing partner of New York’s first new restaurant venture in nearly two decades.
The startup, New York Culinary Institute, is a venture capital firm that Bloomberg will be leading.
“This is a new venture, so we are in a different place, a completely different world,” he said.
“And it’s going to be an opportunity for me to learn from some of the best entrepreneurs in the country.”
Bloomberg’s announcement comes after he said earlier this year he was going to start a venture to start and operate a new restaurant in New York.
His company is the first to invest in a restaurant venture since the launch of The New York Times Restaurant.
Bloomberg said his venture will be centered around two cities in the city: New York and Boston.
It will have two locations and the restaurant will have three locations, Bloomberg said.
He said the two cities have similar economies of scale and he would like to partner with both cities to build out the businesses.
Bloomberg, who is also a former mayor of New Jersey, said he’s looking to partner up with people in the business and said he has spoken to local business leaders.
“I would love to build some new businesses, I have a lot of ideas about new things to do with the restaurant industry,” he told CBS New York in a recent interview.
“I’m not going to tell you what to do, but I would love, you know, to work with some of these great people that are working in the restaurant world.”
He said he hasn’t decided on what type of restaurants he would be partnering with, but that he would want to have some of his own restaurants in the new venture.
He also said he would look for a partner in the venture.
“We’re going to have a couple of really great people who are going to get to know each other and we’ll have a little bit of a network,” he added.