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Supplier Readiness Tool

Offshore Wind NYC Waterfront Pathways Program

Building a Procurement-Ready Supplier Pipeline for the Offshore Wind Industry

As New York City's offshore wind sector expanded, Next Street worked with NYCEDC and a coalition of industry experts including TMI Waterfront Services to design a supplier readiness and ecosystem development program focused on preparing M/W/DBE firms to compete in the emerging offshore wind sector.

Next Street helped design and operationalize a scalable supplier readiness program that prepared businesses to become more competitive and procurement-ready within the offshore wind ecosystem.

Our Approach

  • Assessed supplier readiness and capability gaps

  • Delivered industry-aligned training and technical assistance

  • Connected businesses to industry partners and networks

  • Supported prequalification and procurement readiness

Results

  • 29 M/W/DBE firms graduated across two cohorts

  • 12 NYCEDC contracts secured by participating firms

  • 10% average revenue growth reported by participants

  • 85% of firms expressed optimism about offshore wind opportunities

Next Street Solution

  • Supplier Readiness Tool: A data-driven tool to evaluate supplier readiness, identify gaps, and prioritize the suppliers most likely to perform.

The Impact
Built a stronger pipeline of procurement-ready suppliers while expanding participation in New York City's growing offshore wind ecosystem.

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