New $25M beauty manufacturing and innovation hub for Black- and women-owned businesses coming to Brooklyn Navy Yard

The Brooklyn Navy Yard is set to be home to a new $25 million state-of-the-art manufacturing, incubator, and accelerator facility focused on helping Black- and women-owned health and beauty businesses launch and grow in New York City.

Mayor Eric Adams officially announced the upcoming opening of AYO Labs at the Brooklyn Navy Yard at a Thursday press conference, which he says will put money back in the pockets of Black and Brown entrepreneurs, especially women of color.