Empire State Development meetings

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

All
Board Meetings
Filter Options
Close
1971

items

Press Release

Tuesday, September 11, 2018 - 4:50pm
Governor Andrew M. Cuomo today announced that Regeneron, a leading biotechnology company that invents and manufactures life-transforming medicines for people with serious diseases, will invest approximately $800 million over seven years to expand its laboratory space, manufacturing capacity and warehouse facilities at the company's Rensselaer County campus and create 1,500 new full-time jobs in the greater Capital Region. To encourage Regeneron's expansion in New York State, Empire State Development offered the company up to $140 million in performance-based incentives, including $70 million in Excelsior Jobs Program tax credits. "New York is proud to be at the forefront of the life sciences industry and the home of global biotech leaders like Regeneron," Governor Cuomo said. "The continued growth of Regeneron here in New York is yet another indication that we are leading the way in the life sciences and attracting the jobs of tomorrow. Regeneron's expansion will further drive economic growth in the Capital Region and fuel lifesaving innovation and development that benefits the entire world." Regeneron is a science-driven biotechnology company headquartered in Tarrytown, New York that discovers and develops innovative medicines for the treatment of people with serious diseases. Regeneron was established as a biotech start-up in 1988 in New York City; the following year, under the leadership of then-Governor Mario Cuomo, Empire State Development invested $250,000 into the company. Within years, the state realized a 300-percent return on that investment. Today, Regeneron is the largest biotech company in New York State and one of the largest in the world. For the past five years, Forbes Magazine has named Regeneron one of the top ten most innovative companies across all industries.  Read the full press release here. 
learn more
Press Release

Tuesday, September 11, 2018 - 4:11pm
The Finger Lakes Regional Economic Development Council (FLREDC) today released its draft 2018 Regional Economic Development Council (REDC) Annual Report, opening a public review period that will allow the council to consider comments and ideas that will help make this year’s competitive submission as strong as possible.  The draft FLREDC 2018 Annual Report can be viewed on the FLREDC website. Comments can be submitted on the draft via email to NYS-FingerLakes@esd.ny.gov and will be considered until Friday, September 14, 2018. “We are asking for the public’s input as we finalize our annual report to the state,” said FLREDC Co-Chairs, Monroe Community College President Anne Kress and Greater Rochester Chamber of Commerce President & CEO Bob Duffy. “Together, we are working to ensure a prosperous future for the region as we measure the performance and progress of our strategic plan and implement the strategies that will be used to achieve economic development success now and in the future as the Finger Lakes moves forward.” The FLREDC, which represents a nine-county region composed of Genesee, Livingston, Monroe, Ontario, Orleans, Seneca, Wayne, Wyoming and Yates counties, will submit its final Annual Report to New York State on October 1, 2018 to compete for a portion of the funding made available in this year’s REDC competition.  Round VIII of the REDC initiative will award more than $750 million in state funding and tax incentives, including up to $150 million in capital grants and up to $75 million in Excelsior Tax Credits for projects and activities identified by the Councils as regional priorities in their communities. Additionally, over $525 million from state agency programs will be awarded through the CFA process.  Funding awards will be announced by the end of the year. The REDC process has transformed New York State government’s approach economic development, creating a statewide framework for bottom-up, regional economic growth and streamlining the state funding application process.  Since 2011, the first year of the initiative, over $5.4 billion has been awarded to more than 6,300 projects that are projected to create and retain more than 220,000 jobs statewide. Through seven rounds of the REDC competition, Finger Lakes REDC has been awarded $570.1 million for 715 projects. 2018 REDC Competition In 2018, all 10 REDCs will be competing for a designation as a Top Performer. Five Top Performers will be selected and will receive up to $20 million in Empire State Development Capital Grant funding, with the remaining five regions receiving up to $10 million in Empire State Development Capital Grant funding.  Each region will also receive $10 million to implement projects identified through the Downtown Revitalization Initiative, and projects from all 10 regions submitted through the CFA will be eligible for over $525 million in other state agency funds. About the Consolidated Funding Application As part of Governor Cuomo’s efforts to improve the state’s economic development model, a NYS Consolidated Funding Application (CFA) was created to streamline and expedite the grant application process. The CFA process marks a fundamental shift in the way state resources are allocated, ensuring less bureaucracy and greater efficiency to fulfill local economic development needs. The CFA serves as the single entry point for access to economic development funding, ensuring applicants no longer have to slowly navigate multiple agencies and sources without any mechanism for coordination. Now, economic development projects use the CFA as a support mechanism to access multiple state funding sources through one application, making the process quicker, easier, and more productive. To access the CFA, please visit https://apps.cio.ny.gov/apps/cfa/. About the Regional Economic Development Councils The Regional Economic Development Council (REDC) initiative is a key component of Governor Cuomo's approach to State investment and economic development. In 2011, Governor Cuomo established 10 Regional Councils to develop long-term strategic plans for economic growth for their regions. The Councils are public-private partnerships made up of local experts and stakeholders from business, academia, local government, and non-governmental organizations. The Regional Councils have redefined the way New York invests in jobs and economic growth by putting in place a community-based, bottom up approach and establishing a competitive process for State resources.  After seven rounds of the REDC process, over $5.4 billion has been awarded to job creation and community development projects consistent with each regions strategic plans, projecting to create and retain more than 220,000 jobs. For more information on the Regional Councils, visit www.regionalcouncils.ny.gov.   Contact: ​Shari Voorhees-Vincent | Shari.Voorhees-Vincent@esd.ny.gov | (585) 399-7055 Press Office | pressoffice@esd.ny.gov | (800) 260-7313
learn more
Press Release

Tuesday, September 11, 2018 - 3:22pm
Empire State Development (ESD) today announced the 18 finalists of this year’s 43North competition. The $5 million startup competition, which is supported by the Governor’s Buffalo Billion initiative, is designed to encourage entrepreneurs with high growth potential to compete for enterprise funding in Western New York. The finalists, who hail from regions across North America, will participate in two rounds of live pitching at Shea’s Performing Arts Center in Buffalo on October 3 for a shot at one of 43North’s eight cash awards, which include a $1 million grand prize and seven awards of $500,000. Empire State Development President, CEO & Commissioner Howard Zemsky said, “In just five years of the 43North competition, Buffalo has become a beacon for global entrepreneurs with cutting-edge ideas and innovative businesses, bringing their talent and energy to the region and building Western New York’s reputation as an entrepreneurial hub.”   In addition to cash, 43North winners receive free incubator space in 43North’s incubator on the Buffalo Niagara Medical Campus, guidance from experienced mentors in their field, and access to other business incentive programs. 10 startups will pitch live in front of seven Finals Judges for the chance to win one of 43North’s eight cash prizes. Tickets to attend the 43North Finals are available to the public. Those interested in attending are encouraged to reserve their seats now through 43North.org, the Shea’s Performing Arts Center box office, and Ticketmaster. 43North Finals Wednesday, October 3 6:00 p.m. – 8:30 p.m. (Doors open at 5 p.m.) Shea’s Performing Arts Center646 Main Street, Buffalo, NY As of September 2018, 43North's portfolio of 37 companies has achieved a combined $108M in outside investment, and conservative estimates place the portfolio's total valuation at $332M, an increase of over $300M since 43North's inception in 2014. These start-ups are collectively responsible for over 250 full-time jobs based in Western New York, with new hires added nearly every day. 43North Board Chair Eric Reich said, “We had applications from remarkable startups with evidence of traction, strong products and excellent teams throughout the application process this year and the result of that process is reflected in an amazing pool of 43North finalists. I look forward to an exciting night for the startup community on October 3 and can’t wait to see Buffalo open their arms and welcome the next group of winners.” 43North President Alex Gress said, “43North Finals is great opportunity to get a first look at the next generation of companies that will grow in Western New York. This is a culmination of nearly a year-long process by the 43North staff and applicants. The stakes will be high as 43North’s finalists make the pitch of their lives. Save the date and reserve your seat at Shea’s because this will be an entertaining battle for a cut of $5 million in cash awards.” New York Power Authority Chairman John R. Koelmel said, “This competition has helped to reinvigorate the business community in the Buffalo-Niagara region. The innovation and creativity that is at the heart of 43North is truly inspiring.” Western New York Regional Economic Development Council Co-Chair and SolEpoxy Inc. President Jeff Belt said, “43North is more than a competition. It’s a community effort to tell startups that Western New York is a place that can support their scalability by providing mentorship, work space, an exciting peer group, and highly educated employees with a mid-western work ethic.” Western New York Regional Economic Development Council Co-Chair and President of the State University of New York at Fredonia Dr. Virginia Horvath said, “43North is making Western New York a top choice destination for up-and-coming entrepreneurs. These bright young startup creators come for the prize money and more and more are staying because they see the region as a great place to work, live, and grow their ideas into viable businesses.”  The 18 Finalists for 2019 are: AXIS Recognizing the need for a retrofit solution for motorizing window shades, they developed Gear, a smart device that motorizes and automates any existing window shade in minutes.Hometown: Toronto, Ontario Charmtech Labs is reinventing reading to enable authentically inclusive education. Their mission is to empower people to process information more effectively. Their product is Capti Voice - a reading assistant their personales learning for students of all abilities and helps students keep up with their reading.Hometown: Stony Brook, New York Dimien is a growing business dedicated to solving clear, defined market challenges in cleantech by leveraging chemical manufacturing routes to unique compounds that provide their strategic partners with a competitive advantage in the market. At their core, they are chemical manufacturers.Hometown: Amherst, New York Forsake designs all-weather boots and sneakers for travel and adventure.Hometown: Boston, Massachusetts HiOperator provides customer service-as-a-service. They help companies overcome the classic challenges of customer service through a combination of automation, technology and amazing people.Hometown: San Francisco, California Immersed Games helps teachers deliver hands-on, Next Generation Science learning — with a video game! The game, Tyto Online, builds science and engineering skills with student experiences like solving an invasive species problem, building ecosystems, and breeding dragons. Teachers assign standards-aligned content and receive student assessments based on gameplay.Hometown: Gainesville, Florida Innovative Wellness Systems is a biomechanical footwear, technology, and data analytics company. The IWS team has over 30 years of footwear, technology, and medical experience to provide smart solutions for health and wellness problems as an integral part of the mobile health ecosystem. Preventing Foot Ulcers is their Mission.Hometown: Dover, Massachusetts Kickfurther is the world's first inventory crowdfunding platform where anyone can support the growth of brands they love.Hometown: Boulder, Colorado LegWorks is a social enterprise revolutionizing access to high quality prosthetics for amputees. They believe every amputee, no matter where they live, has the right to walk with confidence. They design, manufacture and distribute innovative and patented prosthetic technologies, and use a tiered pricing model to serve diverse patients globally.Hometown: Buffalo, New York Magnusmode leverages mobile technology to help people with autism and cognitive special needs live with greater inclusion and independence. The company's flagship product, MagnusCards, helps people worldwide to learn life skills (e.g. cooking, traveling, personal care) through partnership with content producing customers including Colgate, CIBC, A&W, and Toronto Pearson Airport.Hometown: Waterloo, Ontario MF Fire is a team of fire scientists engineering the perfect wood stove. Their MIT-award winning app-driven smart wood stove is and delivered the cleanest burn ever achieved. We re-imagined wood stoves as clean energy sources and created smart technology that’s up to 60x cleaner, releases 30% less CO2 and achieves 90% real-world efficiency.Hometown: Baltimore, Maryland NaturAll Club uses food technology to offer the first hair products on the market made from fresh ingredients like avocado pulp, bananas and coconut creme. NaturAll Club connects customers with the right hair ingredients using an algorithm quiz on its eCommerce site: NaturAllClub.comHometown: Philadelphia, Pennsylvania Routeique synchronizes supply chains. They align partners, large and small, to enable data and product to flow seamlessly from partner to partner. From the largest manufacturers to their networks of distributors, to retailers large and small, Routeique ties them all together into a single, harmonious system, improving profitability along the way.Hometown: Vancouver, British Columbia Rozzy Learning Company is a subscription-based software company that sells digital education materials with a focus on STEM (science, technology, engineering, math) and careers. In 18 months, they have signed on over 400 schools, generated over $300,000 in revenue and have retained 98% of their clients.Hometown: St. Louis, Missouri Savormetrics is a technology leader in Artificial Intelligence driven portable sensing devices that provide businesses in the Food sector with meaningful food safety and quality metrics. They help food processors, grocery chains and grain elevators to reduce shrinkage costs due to spoilage, regulatory issues and out of spec recalls.Hometown: Mississauga, Ontario SparkCharge offers a portable electric vehicle charging unit that is small, ultra fast, and modular. Since the chargers are compact they can be delivered to an EV owner on demand via Uber, Lyft or AAA. This creates a mobile on-demand charging infrastructure allowing electric vehicle owners to have their cars charged ultra fast anywhere.Hometown: Syracuse, New York Touchjet is a unified collaboration platform with hardware, software and a SaaS business model transforming how people collaborate digitally in meeting rooms and classrooms. Their solution is cost effective to enable large touchscreen interactivity with mobile integration and cloud services for people to share content and collaborate.Hometown: Campbell, California Water Hero is an IoT device that allows you to control your water with your smartphone. You get real time water usage information. You can turn your water on/off remotely, and if a pipe breaks in your house, it automatically shuts your water off and sends you a text.Hometown: Beverly, Massachusetts About 43North With $5 million in prizes, 43North is a startup competition that’s in a league of its own. But for our winners, it’s more than the cash. It’s our dedicated mentors. And free incubator space. And freedom from state taxes for 10 years. And our network. Click here for all the details on our 2018 competition. Founded in 2014, 43North is made possible by Governor Andrew Cuomo’s historic Buffalo Billion initiative, with support from the New York Power Authority and corporate sponsors.   Contact: Pamm Lent (ESD) |pamm.lent@esd.ny.gov | (716) 846-8309 | (800) 260-7313 ESD Press Office | pressoffice@esd.ny.gov | (800) 260-7313
learn more
Press Release

Tuesday, September 11, 2018 - 10:00am
Erie Canal Harbor Development Corporation (ECHDC) today released the results of its Outer Harbor “Capital Planning Phase” public survey.  The qualitative survey, which was conducted both online and in-person, was part of the agency’s first community meeting to seek public input for three projects focusing on access and the activation of over 150 acres of Buffalo’s Outer Harbor.  View results of the survey here. Beautiful, natural, enjoyable, peaceful, relaxing, vast/open, but also disconnected were some of the frequently recurring words used to describe the Outer Harbor. Many respondents view the Outer Harbor as a place for a variety of outdoor activities, a natural escape from the city with great views and beautiful sunsets. They expressed a desire for the Outer Harbor to maintain usable green space while adding basic amenities and better public access to the water. While the Outer Harbor has improved, according to respondents, most want to see a continuation of natural development. Many recurring themes and ideas centered around a desire for more trails, nature preserves, lake access, restrooms, swimming/beaches, boating amenities, restaurants, and events, among other responses. The survey results will help inform the project alternatives for the following areas: First Buffalo River Marina, Wilkeson Pointe to the Bell Slip, and Terminal B.  The projects are part of Governor Andrew M. Cuomo’s vision for a dramatic transformation of Buffalo’s Outer Harbor.  Click here for a map of areas that will see improvements. The survey, conducted by Bergmann, was distributed at a July 11 public meeting and was available online from July 9, 2018 to August 13, 2018.  There were 290 respondents to the survey (237 to the online survey and 53 in-person at the open house). The gender of respondents was skewed slightly more to females over males. Slightly more than 40 percent of responses were from people aged 50-69, but people aged 30-49 were also well represented. Nearly half of respondents reported they live in the City of Buffalo, while the remainder reported living in the surrounding cities, towns, and villages; confirming that the Outer Harbor is currently a regional asset and not a huge tourist attraction. Most respondents proved to be knowledgeable of the Outer Harbor, having been able to identify key locations of the site when asked to pick from a list. While one-third of respondents enjoy the Outer Harbor on a weekly basis, two-thirds visit once a month or less. ECHDC is currently working on capital planning for the following projects: Northern Site: First Buffalo River Marina 15 acres Enhance public access Maintain 115-slip marina Enhance Queen City Bike Ferry access Identify potential adaptive reuses of the Connecting Terminal grain elevator Consider long term development potential Central Site: Wilkeson Pointe to Bell Slip 124 acres Includes Michigan Pier and Wilkeson Pointe Includes Slips 2 and 3 and Bell Slip Consider improvements that will enhance access and visitor experience Discuss natural community habitats Southern Site: Terminal B 15 acres Approximately 96,000 square foot one story building Program study for metal frame building Identify uses most appropriate for the site Proximate to exterior events lawn, currently under construction The next public meeting will be Monday, November 19 from 5:30 to 7:30 p.m. at a to-be-determined location near the Buffalo waterfront.  For more information, please go to https://outerharborbuffalo.com/accessandactivation/. About Erie Canal Harbor Development Corporation The Erie Canal Harbor Development Corporation (ECHDC) is governed by a nine-member board consisting of seven voting directors and two non-voting, ex-officio directors. The seven voting directors are recommended by the New York State Governor and are appointed by the New York State Urban Development Corporation d/b/a Empire State Development as sole shareholder of ECHDC. The two non-voting, ex-officio director positions are held by the Erie County Executive and the City of Buffalo Mayor. As a subsidiary of Empire State Development, the state’s chief economic development agency, the Erie Canal Harbor Development Corporation supports and promotes the creation of infrastructure and public activities at Canalside, the Ohio Street corridor and the Outer Harbor that is attracting critical mass, private investment and enhance the enjoyment of the waterfront for residents and tourists in Western New York. Its vision is to revitalize Western New York’s waterfront and restore economic growth to Buffalo based on the region’s legacy of pride, urban significance and natural beauty.     Contact: Pamm Lent (Governor’s Office) | pamm.lent@esd.ny.gov | (716) 846-8309 | (800) 260-7313 Laura Magee (ECHDC) | laura.magee@esd.ny.gov | (716) 846-8239 | (800) 260-7313  
learn more
Public Notice

Monday, September 10, 2018 - 2:30pm
Schuyler County - Seneca Phase 1 Capital Project - public notice
learn more
Public Notice

Monday, September 10, 2018 - 2:00pm
Tuxedo Sloatsburg Corridor Revitalization Capital Project - public notice
learn more
Public Notice

Monday, September 10, 2018 - 2:00pm
Tuxedo Sloatsburg Corridor Revitalization Capital Project - public notice
learn more
Public Notice

Monday, September 10, 2018 - 2:00pm
ZenFi Jamaica Duct Downtown Revitalization Capital Project - public notice
learn more
Public Notice

Monday, September 10, 2018 - 2:00pm
Clarity Fiber Solutions – Cortland-Chenango FTTH Broadband Capital Project
learn more
Public Notice

Monday, September 10, 2018 - 1:30pm
Schuyler County Wine Production Capital Project - public notice
learn more

Pages