Empire State Development meetings

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

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Press Release

Wednesday, March 3, 2021 - 12:41pm
Expansion Will Allow Company to Create and Retain up to 45 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 high-end furniture maker Arbr Studios has expanded its operations in the City of Rochester, Monroe County. The company recently moved into a renovated 40,000 square-foot facility located on Lyell Avenue at Canalside Business Center-space that was formerly occupied by renowned artist Albert Paley until his retirement in 2019. Arbr Studios last year secured an international contract to supply their expert cabinetry and mill work products which helped to fuel the company’s expansion.  Empire State Development Acting Commissioner and CEO & Commissioner-designate Eric Gertler said, "Seeing the potential to transform an artist’s studio into space supporting a creative company’s expansion reflects our strategic vision for economic growth. With this new facility, Arbr Studios will not only continue to build high-end furniture, but also jobs and opportunity in both Rochester and the Finger Lakes region." ESD is assisting Arbr Studios with the company’s continued growth with up to $400,000 in Excelsior Tax Credits in exchange for job creation commitments. Due to the major expansion, Arbr Studios expects to hire up to 26 new employees;19 employees will be retained.  The total project cost was a little more than $1.3 million. Monroe County, Greater Rochester Enterprise and Rochester Gas & Electric also assisted with the expansion. Arbr Studios COO Daniel Fallon said, “Our move to Albert Paley’s former studio was both strategic and poetic.  After working with Albert for the last few years on various projects and recognizing how well suited the space would be for our growing business, it just felt right to consider relocating and continuing the creative legacy within these walls after his retirement.  The tax credits provided by Empire State Development, as well as help from Monroe County, Greater Rochester Enterprise, and Rochester Gas and Electric, definitely made the decision easier to make.  We are proud to represent Rochester as a destination for creative entrepreneurial job creation.” In addition to the new Rochester facility, Arbr Studios also operates a location in the Town of Leroy, Genesee County under the name Icon Design. That facility serves as the exclusive manufacturer for the Wendell Castle Collection. Arbr Studios was founded in 2012 as Zeller Woodworks and manufactures high-end furniture and cabinetry. State Senator Jeremy A. Cooney said, “Albert Paley is a titan of modern art, and our region has been greatly improved by his work. His art moved me greatly and reminded us all about the importance of public art. I am pleased to hear that ARBR Studios will be taking over his old studio on Lyell Ave, and hope that they can channel his creative energy. This will bring much needed jobs to Rochester and continue to establish the Finger Lakes region as a destination for entrepreneurs.” State Assemblymember Demond Meeks said, "A warm welcome to Arbr Studios, and congratulations on their expansion. What a perfect way to amplify artistry while simultaneously creating jobs and opportunities. Arbr Studios' investment in the economic development of Rochester is an investment in the future of our communities. With this new development, we can rise and thrive together." County Executive Adam Bello said, “Arbr Studios’ move into a larger, newly renovated space is a testament to their commitment to growth and the Monroe County community. This move will provide jobs to the area, as well as continue the expansion of one of our area’s leaders in the high-end furniture industry. I would like to issue a special thank you to Empire State Development, Greater Rochester Enterprise and RG&E for their support and assistance of this move.” Rochester Mayor Lovey A. Warren said, “I am happy to welcome Arbr Studios to Rochester and thank them for their investment in our city that demonstrates the economic benefits of supporting artists and artisans, as we’re doing by including an Arts Equity Fund in our Equity and Recovery Agenda. I am grateful to Governor Cuomo and Empire State Development for helping this incredible company choose Rochester for its expansion and bringing new jobs to our city through Finger Lakes Forward. Together, we are moving forward to create more jobs; safer, more vibrant and affordable neighborhoods; and better educational opportunities for our citizens.” Matt Hurlbutt, president and CEO, Greater Rochester Enterprise said, “The abundance of exceptional industrial design professionals available here made Rochester the right choice for Arbr Studios' expansion. Companies like Arbr Studios are also putting Rochester on the map for the high-end millwork fabrication industry.” Joseph M. Rizzo, Manager, Economic Development for NYSEG and RG&E said, “Today is an exciting day as we welcome Arbr Studios as part of the Rochester business community. Our Finger Lakes region is poised for growth, and RG&E is proud to be a strategic partner in helping to support Arbr Studios’ business growth and expansion within our community. Through our economic development programs, RG&E provided support for new electric infrastructure upgrades at Arbr Studios’ new Lyell Avenue location. In addition, RG&E provided assistance to Arbr Studios for growth and productivity initiatives to help them remain competitive in the global marketplace. We wish them continued success.” For additional information regarding Arbr Studios, 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 $8.07 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. 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 | S[email protected] | (585) 399-7055 Press Office | [email protected] | (800) 260-7313
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Press Release

Tuesday, March 2, 2021 - 4:46pm
75 Businesses, Schools and Community-Based Organizations to Receive Funding for Workforce Development Awards Will Fund In-Demand Skills Training for Nearly 5,000 New Yorkers Governor Andrew M. Cuomo today announced that 75 businesses, schools, and community-based organizations across the state have been awarded nearly $9.5 million as part of the State's historic Workforce Development Initiative. Funding and incentives provided by Department of Labor, Empire State Development and the New York State Energy Research and Development Authority will support critical job training and employment opportunities in high-demand industries for nearly 5,000 New Yorkers across the State. "When the COVID-19 crisis hit and New York's economy took a turn for the worse, the state's Workforce Development Initiative became even more vital to our longtime goal of making sure everyone, regardless of background, has access to a good job," Governor Cuomo said. "We're providing greater economic opportunity to New Yorkers and addressing the business needs of companies committed to growing here, and these awards will help companies across the state train workers in marketable skills that they can use to get good jobs and help move New York's economy forward."  "The economic impact of COVID-19 has completely upended the traditional workplace, and we need a job training strategy that reflects the changing environment," said Lieutenant Governor Kathy Hochul. "As chair of New York State's Regional Economic Development Councils, I am proud that our Workforce Development Initiative will continue to keep our state ahead of the curve and create a more inclusive post-pandemic future where opportunity is accessible to all New Yorkers." Read the full press release here.
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Press Release

Thursday, February 25, 2021 - 4:45pm
Company to Build State-of-the-Art Facility at Western New York Science, Technology and Advanced Manufacturing Park in the Town of Alabama, Creating 68 Jobs  State Investment Supports the Governor's Green Energy Program, Which Calls for $29 Billion in Green Energy Investments Across the State Complements "Finger Lakes Forward"—The Region's Comprehensive Strategy to Revitalize Communities and Grow the Economy Governor Andrew M. Cuomo today announced that leading alternative energy technology provider Plug Power will invest $290 million in the construction of a state-of-the-art green hydrogen fuel production facility and electric substation at the Western New York Science, Technology and Advanced Manufacturing Park located in the Town of Alabama, Genesee County. The Plug Power project is the first build at the STAMP site and will require that the company fund the construction of a 450-megawatt electric substation to support its expansion as well as future growth opportunities at the business park. Plug Power has additionally committed to creating 68 jobs at the new production facility, which will produce 45 tons of green hydrogen daily. The firm's commitment to develop its new green hydrogen fuel production facility in New York is the result of a comprehensive state and local incentive package from the New York Power Authority, Empire State Development and Genesee County. Construction on the new facility is expected to begin this summer.   "New York State is committed to establishing itself as the leader in the national effort toward a more renewable future focused on green energy excellence, and we're showing that protecting the environment and encouraging economic growth aren't mutually exclusive," Governor Cuomo said. "We are incredibly proud to partner with Plug Power once again and applaud the company's continued investment in the Finger Lakes region and to its commitment to creating top-quality green jobs as we work to foster new investment and job growth during a difficult economic time for many New Yorkers." "Not only does today's announcement mean more advanced manufacturing jobs in Genesee County, but we are also investing in a cleaner, greener future for New York State," Lieutenant Governor Kathy Hochul said. "Through the support of New York State, Plug Power, a leading alternative energy technology provider, will develop a new green hydrogen fuel production facility. We are proud to partner with companies like Plug Power that are building on our efforts to keep our state ahead of the curve and create a green economy."  The state incentives directly support the Governor's ambitious Green Energy program—the most aggressive climate and clean energy initiative in the nation—which will spur more than $29 billion in public and private investment across the state and create 12,400 megawatts of green energy, enough to power six million homes. The investments will not only help shift the state toward a carbon neutral economy, fulfilling the goals of New York's Climate Leadership and Community Protection Act, but also spur economic recovery from the COVID pandemic.  Read the full press release here.
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Press Release

Thursday, February 25, 2021 - 2:02pm
Project Supported by New York's East Side Corridor Economic Development Fund and Buffalo Billion II Initiative Empire State Development (ESD) today announced the completion of interior infrastructure improvements at the Beverly Gray Business Exchange Center (The Exchange), located at 334 East Utica on the East Side of Buffalo. The renovations, supported by funding from the state's East Side Corridor Economic Development Fund, improve The Exchange’s ability to serve small businesses on Buffalo’s East Side and throughout Western New York.   “The East Side Corridor Economic Development Fund predates COVID-19, but the impact of its strategic investments is especially crucial as we build back from the pandemic,” said Empire State Development Acting Commissioner and President & CEO-Designate Eric Gertler. "Improvements at The Exchange will give small businesses on Buffalo’s East Side the one-stop guidance they need to join in, and support, the neighborhood’s economic resurgence.”  The Beverly Gray Business Exchange Center is a comprehensive one-stop small business technical resource center developed to support entrepreneurship and innovation for Minority and Women-Owned Business Enterprises (MWBE), Service-Disabled Veteran–Owned Businesses (SDVOB), and small businesses in the City of Buffalo and WNY region. It is named for Beverly A. Gray, who was a dedicated community advocate, city council member and an entrepreneur who envisioned Jefferson Avenue and Buffalo's East Side as a vibrant hub for innovation and economic growth. It focuses on creating inclusive economic growth by connecting MWBEs, SDVOBs, and small businesses with an array of services and opportunities, and igniting an economic revitalization of neighborhood businesses for the residents on the East Side of Buffalo. The Exchange received nearly $31,600 from Empire State Development as part of the East Side Corridor Economic Development Fund to make much needed improvements to the building. This included upgrading IT and security systems, interior painting and plumbing, and the installation of a new boiler and HVAC systems. Shatorah Donovan, Chair of the Beverly Gray Business Exchange Center, Inc, said, "The Beverly Gray Business Exchange Center is a vital resource for our community. The building provides a space for entrepreneurs and community members to gather and learn more about how to build a business and access the wealth of resources available. Thank you to Governor Cuomo and Empire State Development for these funds that provided vital updates to the building, allowing us to continue to be an anchor in the neighborhood."  In March 2019, Governor Cuomo announced the $50 million East Side Corridor Economic Development Fund, an initiative to spark revitalization of Buffalo's East Side through investments in the four main north-south commercial corridors: Michigan, Jefferson, Fillmore and Bailey avenues. Funding is helping revive traditional main streets and commercial corridors through the preservation of historic buildings, funding of capital improvements in neighborhood assets, expansion of commercial opportunities, improvements to infrastructure, as well as the promotion of mixed-use private investment in these neighborhoods. The funding is designed to empower community residents to improve their businesses and neighborhoods, making it a ground up revitalization effort led by and directly benefiting the community. Mandela Market was one of the nine projects listed as part of a total $7.4 million allocation in direct project assistance, a list compiled by Empire State Development in conjunction with the City of Buffalo through public stakeholder meetings and listening sessions with business owners and neighborhood residents. Read more about Buffalo's East Side Corridor Economic Development Fund here. The fund complements previous investments on the East Side, including $10 million for the Neighborhood Stabilization Initiative and $5 million for the Buffalo Central Terminal, for a total of $65 million in investments since 2017. Senator Tim Kennedy said, “These improvements at the Beverly Gray Business Exchange Center will only further help to fuel opportunity as we build back from the COVID-19 pandemic. This investment will underscore the Center's reputation as a critical resource for small businesses and will support Western New York's continued economic recovery." Assembly Majority Leader Crystal D. Peoples-Stokes said, “The devastation caused by COVID-19 has shown us how critical the success of small businesses is to households and local economies. Behind successful businesses are supportive organizations such as the Beverly Gray Business Exchange Center. I'd like to thank Empire State Development for helping to make the Exchange Center more efficient in helping business clients.” County Executive Mark Poloncarz said, “Having the Beverly Gray Business Exchange Center fully finished and functional is just what the small business community in Buffalo needs, providing the supports and structure necessary for local small businessmen and women to succeed. This will be more important than ever as we continue to fight the pandemic and help our small businesses grow in Erie County.” Mayor Byron Brown said, "COVID-19 has impacted our small business community severely. The Beverly Gray Business Exchange Center is an essential resource for minority, women, and veteran-owned small business during these difficult times. I would like to thank Governor Cuomo and Empire State Development for providing funds for necessary infrastructure improvements and for stimulating economic growth through the East Side Corridor Economic Development Fund and Buffalo Billion II initiative." 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 Governor Cuomo’s 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: Pamm Lent | [email protected] | (716) 846-8309 Laura Magee | [email protected] | (716) 846-8239
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Report

Wednesday, February 24, 2021 - 5:26pm
EFPR Group was commissioned to conduct an independent review of ESD's Film Production and Post Production Tax Credit Programs, pursuant to Section 6 of Part B of Chapter 59 of the Laws of 2013. Read the 2019 & 2020 report here: Independent Review of the Empire State Film Production and Post-Production Credit Programs – 2019 & 2020
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Report

Wednesday, February 24, 2021 - 5:20pm
Read Camoin Associates' report on the economic impact of the film industry in New York State for years 2019 & 2020:  Economic Impact of the Film Industry in New York State - 2019 & 2020
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Press Release

Tuesday, February 23, 2021 - 5:09pm
NYC-based, women-led company, uses software to improve communication between schools and families in school districts across the country  Empire State Development (ESD)’s NY Ventures provides capital to grow and support early-stage, high-growth startups located in New York State through direct investments. Empire State Development today announced a $54,000 investment in Kinvolved, the NYC based women-led company leading the way to improve family engagement and prevent student absenteeism in school systems across the country. This investment was provided by New York Ventures, the venture capital arm of Empire State Development.  Kinvolved works with school districts using KiNVO, an attendance and communications software that helps schools and families engage through voice calls, emails, and two-way SMS text messaging instantly translated into 80+ languages. The tool is used to fight chronic absenteeism and tardiness and has been key to supporting communications and information sharing during the COVID-19 pandemic—15+ million messages sent between March and June—including information about free meals, distribution of learning materials, and access to resources. Kinvolved works with more than 400,000 stakeholders in 12 states, including several of the largest public school districts in the United States such as New York City, Miami-Dade County Public Schools, Washington, D.C., and Providence, R.I. In New York State, outside of New York City, Kinvolved serves school districts in the Capital, Mid-Hudson, Southern Tier, and Western NY regions.  Empire State Development Acting Commissioner and President & CEO-designate Eric Gertler said, “New York Ventures supports entrepreneurs and high-growth startups as they see their ideas through to reality. This investment in Kinvolved, which improves communication between schools and families, is especially critical as we help our students continue to learn and thrive during the COVID-19 pandemic.” Kinvolved CEO and Co-Founder Miriam Altman said, “We’re extremely grateful for the support of New York Ventures. The funding allows us to empower districts to reduce absenteeism in any learning scenario, and the opportunity to urgently serve more districts across our home state is a particular honor.” Kinvolved’s holistic, research-based approach combines technology and human interaction. This multi-strategy approach includes professional learning and an attendance and communications software (KiNVO) that empowers districts to engage all students and families regardless of language, device, internet access, or location. Kinvolved partner schools and districts have relied heavily on KiNVO throughout the pandemic; the software has helped districts: Manage attendance in remote, in-person, and hybrid learning environments even while transitioning from one learning scenario to another Identify unknown and incorrect contact information, and keep family contact information up to date Create a unified district and school-wide communications strategy Easily keep families in the loop about their students' attendance and provide staff with actionable attendance data Miriam Altman, a former New York City high school history teacher, co-founded Kinvolved with Alexandra Meis in 2012 As a teacher, Altman had observed the impact that attendance and absenteeism had on her students. The Kinvolved approach incorporates her first-hand knowledge of what works – including making sure that families are informed about and involved in their student’s attendance. New York State had previously invested $950,000 in Kinvolved through the New York Ventures Innovation Venture Capital Fund and its Minority and Women Business Investment Funds. This latest round of investment reinforces support for Kinvolved and the positive impact they have on New York State schools and the communities that they serve. For more information on Kinvolved, please visit https://kinvolved.com. About New York Ventures New York Ventures is the venture capital investment arm of Empire State Development, New York State’s chief economic development agency. New York Ventures meets the critical capital needs of the state’s innovation economy by providing funding to high-growth startups as they move from concept to commercialization, through early growth and expansion. 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 Governor Cuomo’s 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: Kristin Devoe (ESD) | [email protected] | (518) 414-1087 ESD Press Office | [email protected] | (800) 260-7313
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Report

Tuesday, February 23, 2021 - 11:08am
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Report

Friday, February 19, 2021 - 5:39pm
The Excelsior Jobs Program provides job creation and investment incentives to firms in targeted industries in order to encourage businesses to expand in and relocate to New York while maintaining strict accountability standards to guarantee that businesses deliver on job and investment commitments. Below please find the quarterly program report for the fourth quarter of 2020, ending 12/31/220. 12/31/2020: EXCELSIOR JOBS PROGRAM - Quarterly Report CHART A - EXCELSIOR JOBS PROGRAM QUARTERLY REPORT - Businesses Admitted To Program CHART B - EXCELSIOR JOBS PROGRAM QUARTERLY REPORT - Businesses Issued Credits- Tax Year 2012  CHART C - EXCELSIOR JOBS PROGRAM QUARTERLY REPORT - Businesses Issued Credits- Tax Year 2013 CHART D - EXCELSIOR JOBS PROGRAM QUARTERLY REPORT - Businesses Issued Credits- Tax Year 2014  CHART E - EXCELSIOR JOBS PROGRAM QUARTERLY REPORT - Businesses Issued Credits- Tax Year 2015 CHART F - EXCELSIOR JOBS PROGRAM QUARTERLY REPORT - Businesses Issued Credits- Tax Year 2016 CHART G - EXCELSIOR JOBS PROGRAM QUARTERLY REPORT - Businesses Issued Credits- Tax Year 2017 CHART H - EXCELSIOR JOBS PROGRAM QUARTERLY REPORT - Businesses Issued Credits- Tax Year 2018 CHART I - EXCELSIOR JOBS PROGRAM QUARTERLY REPORT - Businesses Issued Credits- Tax Year 2019
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Report

Friday, February 19, 2021 - 5:32pm
The Empire State Jobs Retention Program was created to provide financial incentives to retain strategic businesses and jobs that are at risk of leaving the state due to the impact on business operations from a natural disaster. Below please find charts A & B of the quarterly program report detailing businesses admitted to the program and credits issued for the fourth quarter, ending 12/31/2020. Empire State Jobs Retention Program Quarterly Report - Chart A: Businesses Admitted To Program Empire State Jobs Retention Program Quarterly Report- Chart B: Credits Issued
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