Empire State Development meetings

Find meeting advisories, agendas, and materials related to key New York State development projects and initiatives. Click here for archived board materials.

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Public Notice

Monday, January 7, 2019 - 1:00pm
Village of Elmira Heights-Pierce Landing Restore NY V Capital Project
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Public Notice

Monday, January 7, 2019 - 1:00pm
City of Elmira Lake Street Restore NY IV Capital Project
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Public Notice

Monday, January 7, 2019 - 11:00am
Drink More Good Capital Project
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Press Release

Monday, January 7, 2019 - 10:57am
OPI Innovation is a Key Part of “Finger Lakes Forward” – the Region’s Comprehensive Strategy to Revitalize Communities and Grow the Economy Empire State Development (ESD) today officially welcomed the 10 companies selected to take part in the second cohort of the Luminate NY accelerator competition at the Sibley Building located in Rochester’s Downtown Innovation Zone.  Luminate NY is the world’s largest accelerator for startups focused on optics, photonics and imaging. The chosen companies are working to bring industry-changing technologies to life that have the potential for solving existing challenges for businesses and for society. The startups were selected after pitching their innovative ideas to an advisory panel comprised of industry experts at the Luminate NY Lighting Awards, held at the George Eastman House in November 2018.  The companies and technologies now under development at the Rochester-based accelerator include: Augmentiqs is transforming microscopes into smart, connected devices that can deliver augmented reality experiences to pathologists to enhance medical research and discovery Circle Optics has developed the world’s first parallax-free 360-degree camera to solve the problem of stitching Kura Tech is building revolutionary augmented reality glasses with a customized optical and display system Lumedica Vision is creating affordable light-based scientific and medical instruments that deliver more accurate diagnostic results Mango TeQ LTD is transforming helmets into smart devices so that motorcyclists can keep their eyes on the road and we can decrease the growing number of cycle fatalities Neurescence is providing the first-ever way of capturing images of the Central Nervous Systemto aid in brain surgery and in the creation of treatments for neurological disorders Opalux is embedding a person's portrait and data into a color-shifting generic hologram to eliminate counterfeit identities Organic Robotics Corporation is enhancing virtual reality by providing technology that allows realistic tactile interactions with virtual objects Ovitz is creating a custom contact lens that significantly enhances vision quality for patients VPG Medical, Inc. is developing CardioGuard, a platform technology that leverages cameras embedded in smart devices to monitor the cardiac activities of their users Each company is receiving an initial investment of $100,000 and will work with industry experts, businesses and universities in the accelerator for six months to speed the commercialization of their innovations. The companies will then compete on Demo Day in late June for $2 million in follow-on funding. Funding for the $10 million program is being provided through the Finger Lakes Forward Upstate Revitalization Initiative award and is being administered by Nextcorps..  Empire State Development President, CEO & Commissioner Howard Zemsky said, "The Luminate NY accelerator’s second cohort of companies will continue the transformation of the Finger Lakes as a global hub for optics, photonics and imaging innovation by giving forward-thinking startups the resources and entrepreneurial environment they need to thrive." Luminate NY Managing Director Sujatha Ramanujan said, “These companies have the potential to bring new capabilities to a variety of industries and to impact our lives in ways we never imagined. In providing focused mentorship and instruction, we can help to ensure these technologies are commercialized to positively impact industry, our region and our world.” Luminate NY builds on the region’s strong history and established supply chain in the optics, photonics and imaging industry, and compliments the New York State investment of $250 million used to establish the AIM Photonics TAP facility. First announced by Governor Cuomo and Vice President Joe Biden in July 2015 , the innovative research and packaging facility is located at ON Semiconductor at Eastman Business Park in Rochester. For additional information about the Luminate NY accelerator, click here. 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 State has already invested more than $6.1 billion in the region since 2012 to lay the groundwork for the plan – investing in key industries including photonics, agriculture‎ and food production, and advanced manufacturing. Today, unemployment is down to the lowest levels since before the Great Recession; personal and corporate income taxes are down; and businesses are choosing places like Rochester, Batavia and Canandaigua as a destination to grow and invest in. Now, the region is accelerating Finger Lakes Forward with a $500 million State investment through the Upstate Revitalization Initiative, announced by Governor Cuomo in December 2015. 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. ​   Contact: Shari Voorhees-Vincent | Shari.Voorhees-Vincent@esd.ny.gov | (585) 399-7055 Press Office | pressoffice@esd.ny.gov | (800) 260-7313
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Public Notice

Monday, January 7, 2019 - 10:00am
Hudson Valley Beverage Capital Project
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Press Release

Monday, January 7, 2019 - 9:51am
Four New York State-based Productions Win Four Awards Productions Generated An Estimated $222.5 Million in Spending and Nearly 10,000 New Hires in the State New York State Film Tax Credit Program Annually Generates Hundreds of Thousands of Hires and Millions in Investment Empire State Development (ESD) today congratulated four New York-based productions that won four awards during the 2019 76th Annual Golden Globe Awards. The productions generated an estimated $222.5 million in spending and created 9,854 hires across the state. The winning productions participated in the New York State Film Tax Credit Program. Launched in 2004, the program has incentivized billions of dollars in economic investment across the state and continues to be the principal factor cited by productions when deciding to film and produce in New York. Empire State Development President, CEO and Commissioner Howard Zemsky said, “The Empire State is home to innovative film and TV productions that annually generate hundreds of thousands of hires and millions in investment, and I congratulate the 2019 New York-based Golden Globe winners on their creative contributions to the industry this year.” In 2018, 203 film and television projects applied for the New York State Film Tax Credit Program, generating an estimated 222,936 new hires and $3.988 billion in new spending for New York. The budget allocation, $420 million per year through 2022, has led to significant growth, fostered multi-year productions, and seen investments in production infrastructure. New York's film incentive program offers the nation’s most stable and successful production and post-production tax credits—up to 40 percent for production and 45 percent for post-production. The New York State Governor's Office of Motion Picture & Television Development (MPTV) offers film, television and commercial production and post-production tax credits for qualified expenditures in New York State. MPTV helps productions navigate the industry landscape, serving as a liaison between production companies and city and local governments, state agencies, a network of statewide contacts, local film offices and professional location scouts and managers. The state also offers unparalleled locations, talent and world-class production and post-production facilities. More than 250 soundstages in over 90 Qualified Production Facilities (QPFs) are located throughout the state and can be used in conjunction with the tax credit. New York is home to one of the largest and most experienced pools of talent and crew anywhere in the country. New York’s film industry infrastructure has also seen growth at every level. That growth has been led by the expansions at world-class soundstages like Steiner Studios, Silvercup Studios, Kaufman Astoria Studios and Broadway Stages, the addition of more than 15 new post-production facilities, and major expansions at more than a dozen established post and VFX houses including Deluxe, Phosphene, Molecule and Technicolor. New York’s professional crew base has also added members and expanded in all parts of the state, while rental houses, support services, and world-class talent pools have grown to keep up with the demand. A complete list of the 2019 Golden Globe Award Winners who participated in the New York Film Tax Credit Program is available below. Best Performance by an Actress in a Supporting Role in any Motion Picture Regina King – If Beale Street Could Talk Best Television Series – Drama The Americans Networks Fox 21 Television / FX Productions Best Performance by an Actress in a Limited Series or Motion Picture Made for Television Patricia Arquette - Escape At Dannemora Best Performance by an Actress in a Television Series – Musical or Comedy Rachel Brosnahan - The Marvelous Mrs. Maisel   About the Governor's Office of Motion Picture & Television Development The New York State Governor's Office of Motion Picture & Television Development, a division of Empire State Development, offers film, television and commercial productions and post production tax credits for qualified expenditures in New York State. The office also serves as a liaison between production companies and city and local governments, state agencies, a network of statewide contacts, local film offices and professional location scouts and managers. For more information on filming in New York State or the Film Production and Post Production Tax Credit Programs, please visit www.NYSFilm.com.    About Empire State Development Empire State Development (ESD) is New York’s chief economic development agency (www.esd.ny.gov). 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 Governor Cuomo’s Regional Economic Development Councils and the marketing of “I LOVE NEW YORK,” the State’s iconic tourism brand. For more information on Regional Councils and Empire State Development, visit www.regionalcouncils.ny.gov and www.esd.ny.gov. Contact: Adam Kilduff | adam.kilduff@esd.ny.gov | (212) 803-3744 ESD Press Office | pressoffice@esd.ny.gov | (800) 260-7313
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Press Release

Thursday, January 3, 2019 - 5:01pm
Investment Complements "Finger Lakes Forward" - The Region's Comprehensive Strategy to Revitalize Communities and Grow the Economy Governor Andrew M. Cuomo today announced that Rochester Insulated Glass has completed phase one of a two-phase expansion of its headquarters in the Town of Manchester in Ontario County. As part of the expansion, the glass fabrication company committed to creating at least 47 new jobs, and has successfully moved forward in filling 46 new positions. In addition, with assistance from the State, the company agreed to retain 56 at-risk jobs at the Merrick Circle location. Phase II of the project is expected to be completed in March of 2019. Investing in successful companies supports the strategy of the Finger Lakes Forward initiative which is working to revitalize communities by supporting the regional economy. "With smart investments and strategic partnerships, New York State is encouraging job creation and boosting local economies in every corner of the state," Governor Cuomo said. "Working with companies like Rochester Insulated Glass helps us to retain and create jobs for the hardworking men and women of this state and promotes growth for businesses throughout the region." "The expansion of Rochester Insulated Glass is continuing to grow the manufacturing industry in the area and create new jobs," said Lieutenant Governor Kathy Hochul. "With this state investment, thefamily-owned glass fabrication company is providing new opportunities in Ontario County and continuing to produce innovative products in New York. We're committed to investing in companies like RIG to keep moving the Finger Lakes forward and grow the economy. Empire State Development President, CEO & Commissioner Howard Zemsky said, "Rochester Insulated Glass, a leader in high quality glass fabrication, is a third generation, family owned company, that is an important part of the Finger Lakes Region. We are proud to support RIG and its goal of producing high quality products right here in New York State." Read the full press release here. 
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Press Release

Wednesday, January 2, 2019 - 3:14pm
Investment Complements "Southern Tier Soaring" - The Region's Comprehensive Strategy to Revitalize Communities and Grow the Economy Governor Andrew M. Cuomo today announced that Lake Erie College of Osteopathic Medicine has received a $3 million grant to construct a two-story, 52,628 square foot building at the vacant Arnot Park in downtown Elmira. The Lake Erie College of Osteopathic Medicine, known as LECOM, will invest nearly $20 million to construct a building on the Elmira College campus to accommodate a new medical school program, attracting students who will fill the need for physicians in the Southern Tier and Western New York. This project is expected to create 44 new jobs and is set to open for students in the spring of 2020. It will also include the demolition of blighted houses adjacent to the facility. "The addition of the new Lake Erie College of Osteopathic Medicine building at Elmira College will have a substantial impact on the future of healthcare in the Southern Tier and help grow the local economy," Governor Cuomo said, "This investment will create new jobs, provide more academic opportunities for medical students in the region, and continue the revitalization of downtown Elmira as we work to help the Southern Tier soar." "This funding will allow the Lake Erie College of Osteopathic Medicine to expand with a new building that will provide individuals with medical training opportunities," said Lieutenant Governor Kathy Hochul. "The new program will educate students with the skills they need to fill positions needed in the medical field in the Southern Tier and Western New York. This investment will further advance the healthcare industry in the area, creating jobs and continuing to grow the economy of the Southern Tier." Read the full press release here.
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Report

Monday, December 31, 2018 - 1:00pm
This comprehensive annual economic development report highlights ESD’s activities, projects, investments and initiatives throughout 2018. Empire State Development: Annual Report 2018
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Report

Monday, December 31, 2018 - 10:08am
Annual Report on Jobs Created and Retained – 2017 This report details the performance of ESD' s economic development activities related to job growth and retention on an annual basis. The report shows the amount of financial assistance, the level of job commitment and whether each company met those goals. It also offers a window into how different regions and industries are faring each year. ESD 2017 Annual Jobs Report
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