Empire State Development meetings

Find meeting advisories, agendas, and materials related to key New York State development projects and initiatives. 

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Board Meeting

Monday, December 13, 2021 - 10:30am
In accordance with recently passed Legislation, this meeting will be conducted via teleconference. The public may listen to the meeting via webcast by clicking the link below. Members of the public may submit comments on the Agenda items in writing to [email protected] by 4:30 pm on Friday, December 10, 2021.
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Press Release

Friday, December 10, 2021 - 4:24pm
State to Work with Residents, Community Leaders and Public Officials to Revitalize Tupper Lake's Downtown Downtown Revitalization Investments Are Crucial Part of the State's Comprehensive Strategy to Revitalize Communities and Grow the Economy Governor Kathy Hochul today announced that Tupper Lake will receive $10 million in funding as one of the North Country region winners of the fifth round of the Downtown Revitalization Initiative (DRI). As part of DRI Round 5, each of the state's 10 regional economic development regions are being awarded $20 million, to make for a total state commitment of $200 million in funding and investments to help communities boost their post COVID-19 economies by transforming downtowns into vibrant neighborhoods. "Vibrant downtowns play a crucial role in allowing communities to thrive and through the Downtown Revitalization Initiative, New York is helping ensure our local partners have the resources they need to transform these areas," Governor Hochul said. "With this funding, Tupper Lake will not only be able to improve the quality of life for those who live there, but also ensure this community remains a gem of the Adirondacks and destination for tourists from around the globe." Lieutenant Governor Brian Benjamin said, "As we continue to build back from COVID-19, the State's Downtown Revitalization Initiative is a critical tool to help communities across New York recover. The $10 million in funding awarded to Tupper Lake will help their community achieve more vibrant neighborhoods and boost the post COVID-19 economy." Read the full press release here. 
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Press Release

Friday, December 10, 2021 - 2:20pm
State to Work With Residents, Community Leaders and Public Officials to Revitalize Massena's Downtown  Downtown Revitalization Investments are Crucial Part of the State's Comprehensive Strategy to Revitalize Communities and Grow the Economy  Governor Kathy Hochul today announced that Massena will receive $10 million in funding as one of the North Country region winners of the fifth round of the Downtown Revitalization Initiative (DRI). As part of DRI Round 5, each of the state's 10 regional economic development regions are being awarded $20 million, to make for a total state commitment of $200 million in funding and investments to help communities boost their post COVID-19 economies by transforming downtowns into vibrant neighborhoods.   "Our Downtown Revitalization Initiative is a critical tool to help businesses and communities in every corner of the state not only recover from the pandemic, but thrive in the long-term," Governor Hochul said. "Through the creation of cultural spaces, new business developments and better utilized space along the waterfront, this funding will enhance Massena for both residents and visitors alike and help attract even more people to the North Country."  Lieutenant Governor Brian Benjamin said, "Massena residents will now join the residents of the many downtowns across New York who have seen their communities revitalized by the Downtown Revitalization Initiative. I cannot how wait to see how Massena uses this award to boost their economy and ensure an equitable recovery from COVID-19." Read the full press release here. 
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Press Release

Thursday, December 9, 2021 - 5:11pm
State to Work with Residents, Community Leaders and Public Officials to Revitalize Little Falls' Downtown Downtown Revitalization Investments Are Crucial Part of the State's Comprehensive Strategy to Revitalize Communities and Grow the Economy Governor Kathy Hochul today announced that Little Falls will receive $10 million in funding as one of the Mohawk Valley region winners of the fifth round of the Downtown Revitalization Initiative (DRI). As part of DRI Round 5, each of the state's 10 regional economic development regions are being awarded $20 million, to make for a total state commitment of $200 million in funding and investments to help communities boost their post COVID-19 economies by transforming downtowns into vibrant neighborhoods.  "All New Yorkers deserve access to a lively downtown area where they can find a well-paying job and an affordable place to live, and the Downtown Revitalization Initiative helps make this a reality," Governor Hochul said. "The revitalization of Little Falls' Waterfront District will be yet another success story of this project, as all who live and work there will enjoy continued economic prosperity and a pristine community environment." Lieutenant Governor Brian Benjamin said, "New Yorkers deserve easy access to not only a vibrant downtown, but good-paying jobs and affordable living. This grant will ensure more economic revenue and job creation in Little Falls and will help put New York on the road to build back better than ever." Read the full press release here. 
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Press Release

Thursday, December 9, 2021 - 3:08pm
State to Work with Residents, Community Leaders and Public Officials to Revitalize Gloversville's Downtown Downtown Revitalization Investments Are Crucial Part of the State's Comprehensive Strategy to Revitalize Communities and Grow the Economy Governor Kathy Hochul today announced that Gloversville will receive $10 million in funding as one of the Mohawk Valley region winners of the fifth round of the Downtown Revitalization Initiative (DRI). As part of DRI Round 5, each of the state's 10 regional economic development regions are being awarded $20 million, to make for a total state commitment of $200 million in funding and investments to help communities boost their post COVID-19 economies by transforming downtowns into vibrant neighborhoods.  "Thriving downtowns play an essential role in strengthening regional economies, which makes it critical we continue to support our local partners in their efforts to redevelop and reimagine those areas in their own communities," Governor Hochul said. "The Downtown Revitalization Initiative is one of our best tools for this type of economic development, and in Gloversville, it will deliver the resources the city needs to not only help businesses grow, but improve the quality of life for all those who live and work there." Lieutenant Governor Brian Benjamin said, "As we continue to build back from COVID-19, the State's Downtown Revitalization Initiative is a critical tool that will help communities across New York State recover. Congratulations to Gloversville on winning this $10 million in funding that will help the community achieve more vibrant neighborhoods and boost their post COVID-19 economy." Read the full press release here. 
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Public Notice

Thursday, December 9, 2021 - 2:00pm
View all grants to be presented at the batch virtual public hearing
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Press Release

Thursday, December 9, 2021 - 11:29am
Internet of Things Management Services Firm Moves to Larger Location: Commits to Creating More Than 50 New Jobs Investment Complements “Finger Lakes Forward” – The Region’s Comprehensive Strategy to Revitalize Communities and Grow the Economy Empire State Development (ESD) today announced that internet of things (IoT) solutions and management services firm KORE will expand its operations in Monroe County, moving to a new, larger location of in the Town of Pittsford. The high-technology firm will grow its manufacturing operations at an existing facility located at 3750 Monroe Avenue, committing to creating up to 52 new jobs in the region over the next five years; 108 jobs will be retained. The project will see KORE expand its IoT managed services offerings connecting the dots for customers between getting their devices delivered, connected, and supported in an FDA and ISO 13485/9001 facility. The company expects to be operational in the new space early in the first quarter of next year. Empire State Development Acting Commissioner and President & CEO-designate Hope Knight said, “KORE is yet another company choosing to expand in the Finger Lakes, thanks to regional tech and talent strengths that support success. KORE’s growth also reflects how our strategic incentives for forward-thinking projects strengthen the economy and create good-paying jobs, in Monroe County and across New York State.”  Headquartered in Alpharetta, Georgia, KORE assists its customers with turning complex, fragmented IoT offerings into services that are designed for simplicity and scale. KORE offers a complete IoT strategy for its clients, including end-to-end security, technology, evaluation, selection development, connectivity and device and data management among other things.  KORE services over 6,000 customers worldwide in multiple vertical markets, including connected health, fleet management, asset management, industrial, OEMs, smart applications (IoT), and communications services. “We are pleased to be expanding our offerings and capabilities in the Rochester area,” commented KORE President and CEO Romil Bahl. “This area has been critical to our ability to help our customers deploy, manage and scale their IoT solutions in some of the most highly regulated industries. The rich talent pool and cooperation with local authorities have all contributed to what we view as a very bright future with the Rochester community.” ESD is assisting KORE with up to $400,000 through the Excelsior Jobs Tax Credit Program in exchange for the job creation commitments. Monroe County and Greater Rochester Enterprise are also supporting the company’s continued regional growth. The total project cost has been placed at $1.2 million. State Senator Samra G. Brouk said, “I am proud that State action, through programs like Finger Lakes Forward, continues to create local jobs and develop our region as a globally recognized hub of technological innovation and advanced manufacturing. The expansion of KORE in Monroe County is a promising connection between Rochester’s skilled workforce and burgeoning new sectors of our economy and promises sustainable local jobs with good pay for years to come.” State Assemblywoman Marjorie Byrnes said, “Job creation is always good news for our community and the greater Monroe County region that I am proud to represent. As New Yorkers face unprecedented challenges recovering from the pandemic’s economic fallout, coupled with rising inflation costs not seen since the 1970s, it is always welcome to see the hard work and determination of our local businesses paying off. Not only does it help those at KORE, of course, but it helps our entire regional economy. This region is an economic engine thanks to the entrepreneurial spirit of companies like KORE. Well done!” County Executive Adam Bello said, “KORE’s expansion is just the latest example of why Monroe County was recently named a top area in the entire country best positioned to jump start our nation’s innovation economy. It’s always a great day when we can welcome more high-paying, quality jobs of the future in Monroe County. Thank you to Empire State Development for continuing to foster economic growth for our region.” Pittsford Town Supervisor Bill Smith said, “New jobs in our area are a win for Greater Rochester.  We’re pleased and excited that KORE has chosen Pittsford for expanding its operations.  I welcome KORE to our community and wish them many years of success.” Matt Hurlbutt, President and CEO, Greater Rochester Enterprise said, “KORE chose to expand in the Greater Rochester, NY region because of the workforce needed to meet aggressive growth plans. Their new facility will help KORE keep pace with the rising demand for digital healthcare solutions.” For additional information about KORE, Visit: https://www.korewireless.com/ Accelerating Finger Lakes Forward  Today’s announcement complements “Finger Lakes Forward,” the region’s comprehensive blueprint to generate robust economic growth and community development. The regionally designed plan focuses on investing in key industries including photonics, agriculture‎ and food production, and advanced manufacturing. Now, the region is accelerating Finger Lakes Forward with a $500 million State investment through the Upstate Revitalization Initiative. The State’s $500 million investment will incentivize private business to invest well over $2.5 billion – and the region’s plan, as submitted, projects up to 8,200 new jobs. More information is available here. ​ About Empire State Development  Empire State Development (ESD) is New York’s chief economic development agency. The mission of ESD is to promote a vigorous and growing economy, encourage the creation of new job and economic opportunities, increase revenues to the State and its municipalities, and achieve stable and diversified local economies. Through the use of loans, grants, tax credits and other forms of financial assistance, ESD strives to enhance private business investment and growth to spur job creation and support prosperous communities across New York State. ESD is also the primary administrative agency overseeing the New York State Regional Economic Development Councils and the marketing of "I LOVE NY," the State’s iconic tourism brand. For more information on Regional Councils and Empire State Development, please visit www.regionalcouncils.ny.gov and www.esd.ny.gov. Contact: Shari Voorhees-Vincent | [email protected] | (585) 399-7055 Press Office | [email protected] | (800) 260-7313
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Press Release

Wednesday, December 8, 2021 - 5:30pm
State to Work with Residents, Community Leaders and Public Officials to Revitalize Syracuse's Southwest Gateway District Downtown Revitalization Investments Are Crucial Part of the State's Comprehensive Strategy to Revitalize Communities and Grow the Economy Photos Available Here Governor Kathy Hochul today announced that Syracuse will receive $10 million in funding as one of the Central New York region winners of the fifth round of the Downtown Revitalization Initiative (DRI). As part of DRI Round 5, each of the state's 10 regional economic development regions are being awarded $20 million, to make for a total state commitment of $200 million in funding and investments to help communities boost their post COVID-19 economies by transforming downtowns into vibrant neighborhoods.  "As an alumna of Syracuse University, I know how much the community of Syracuse has come together to create a resurgence in the city and region," Governor Hochul said. "I'm proud to have secured this funding to improve the South Gateway District and make Syracuse a more walkable and vibrant city. Past initiatives such as the Salt City Market have led to increased business and entertainment opportunities, and this funding will help open a new chapter of opportunity and prosperity for Syracuse and Central New York." Lieutenant Governor Brian Benjamin said, "As we build back from the damages done by the pandemic, it is important we invest in all of our cities throughout the Empire State. Syracuse is a beautiful and historical city, and now thanks to the Downtown Revitalization Initiative, it will be able to expand their vibrant downtown to the South and West of the Central Business District into an urban, walkable part of the city."  Led by the Department of State, the DRI serves as a cornerstone of the state's economic development policy by transforming downtown neighborhoods into vibrant centers of activity that offer a high quality of life and attract redevelopment, businesses, jobs, and economic and housing diversity. In this round, Governor Hochul doubled funding from $100 million to $200 million and allowed each Regional Economic Development Council to decide whether to nominate two $10 million awardees or one $20 million awardee for transformative and catalytic downtown redevelopment projects.  Read the full press release here. 
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Press Release

Wednesday, December 8, 2021 - 3:30pm
State to Work with Residents, Community Leaders and Public Officials to Revitalize Norwich's Downtown Downtown Revitalization Investments Are Crucial Part of the State's Comprehensive Strategy to Revitalize Communities and Grow the Economy Governor Kathy Hochul today announced that Norwich will receive $10 million in funding as one of the Southern Tier region winners of the fifth round of the Downtown Revitalization Initiative (DRI). As part of DRI Round 5, each of the state's 10 regional economic development regions are being awarded $20 million, to make for a total state commitment of $200 million in funding and investments to help communities boost their post COVID-19 economies by transforming downtowns into vibrant neighborhoods.  "As part of our work to build back stronger than before, the Downtown Revitalization Initiative is helping localities make strategic investments that will allow their communities to flourish in the long run," Governor Hochul said. "Not only will this funding help Norwich transform its downtown area for those who live and work there, but it also gives the village the jumpstart it needs to create jobs and grow the economy." Lieutenant Governor Brian Benjamin said, "The Downtown Revitalization Initiative is a central part of the state's comprehensive strategy to build back better from the COVID-19 pandemic. I congratulate Norwich on winning this $10 million awarded that will help build a revitalized downtown that supports new businesses, expands entertainment options, improves bike and pedestrian safety and accessibility, and increases mixed-use space." Led by the Department of State, the DRI serves as a cornerstone of the State's economic development policy by transforming downtown neighborhoods into vibrant centers of activity that offer a high quality of life and attract redevelopment, businesses, jobs, and economic and housing diversity.  Read the full press release here. 
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