Empire State Development Blog

Find the latest news on economic development in New York State

We feature stories of innovative businesses that are making New York their home, plus offer updates on economic activity and development from around the state.

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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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Report

Friday, December 3, 2021 - 5:19pm
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 third quarter, ending 9/30/2021. 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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Report

Friday, December 3, 2021 - 5:13pm
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 third quarter of 2021, ending 9/30/2021. 9/30/2021: 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 2011 & 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 CHART J - EXCELSIOR JOBS PROGRAM QUARTERLY REPORT - Businesses Issued Credits- Tax Year 2020
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Press Release

Friday, December 3, 2021 - 12:20pm
New York State’s Investments in the African American Heritage Corridor will Continue to Reinvigorate Buffalo’s East Side Empire State Development (ESD) today announced the beginning of stabilization work on the roof and foundation of the Michigan Street Baptist Church. The Buffalo Niagara Freedom Station Coalition project, a not-for-profit organization that owns the Church, is one of the recipients of a portion of ESD’s $65 million East Side Corridor Economic Development Fund and will allow for increased tourism and visitation to Buffalo’s historic Michigan Street African American Corridor. “New York State is supporting the essential structural stabilization of Buffalo’s Michigan Street Baptist Church, a one-time stop on the Underground Railroad that is an ongoing draw for visitors,” said Empire State Development Acting Commissioner and President & CEO-Designate Hope Knight. “Governor Hochul is proud to have this iconic tourism landmark in her hometown—one that connects people excited to explore and honor its important history, while celebrating African American culture and community.” The Buffalo Niagara Freedom Station Coalition is a nonprofit organization which works to preserve and promote the heritage of the Michigan Street Baptist Church, located at 511 Michigan Avenue. The church was built by African Americans in 1845 and was the last stop on the Underground Railroad for freedom seekers escaping to Canada before the Civil War. It's been listed on the National Register of Historic Places since 1974. New York State is supporting this project through a grant of $900,000 from ESD and a $375,000 grant from the State Office of Parks, Recreation and Historic Preservation. The $1.3 million project will help ensure the building’s structural integrity and address safety issues at the church, while also providing better access for disabled visitors. The project includes foundation repairs and roof reinforcement, plus accessibility renovations.  New York State Office of Parks, Recreation and Historic Preservation Commissioner Erik Kulleseid said, “Preserving the history of all people is key to revitalizing neighborhoods across New York State. The work being done in the Michigan Street African American Heritage Corridor is a shining example of how the promotion of history leads to community pride, tourism and economic development while telling the most compelling stories we have to tell. Thank you to Governor Hochul for her commitment to this project and countless many throughout the state.” Lillie Wiley-Upshaw, Buffalo Niagara Freedom Station Coalition Chair said, “The Buffalo Niagara Freedom Station Coalition is extremely grateful for the support of Empire State Development, New York State Parks Recreation & Historic Preservation and the Community Foundation for Greater Buffalo. Because of the community activism, in particular Bishop Henderson, the BNFSC is on the cusp of saving the church for the next 200 years. I am personally so proud to be a part of the Buffalo community and this important work.” Rachel Henderson, Bishop Henderson’s daughter, said, “By preserving the knowledge of our past, we garner the true possibilities of our future. As we continue to learn more about the history of our ancestors, we build a much brighter and exponentially more progressive world. As the daughter of Bishop William Henderson and Vice Chair of the Buffalo Niagara Freedom Station Coalition, I am so grateful to see his work regarding this beautiful monument, continuing to be done!” With support from Governor Kathy Hochul, ESD is implementing the East Side Corridor Economic Development Fund, a $65 million initiative to spark revitalization of Buffalo's East Side through investments in the four main commercial corridors: Michigan, Jefferson, Fillmore, and Bailey avenues. Funding is helping to revive traditional main streets and commercial corridors through the preservation of historic buildings, investing in 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. Terry Alford, Executive Director of the Michigan Street African American Heritage Corridor Commission said, “On behalf of the board members that comprise our Heritage Corridor Commission, as well as those community stakeholders and residents that have always supported the corridor, I would like to thank Governor Kathy Hochul and Empire State Development for its continued investment in the progressive improvement of the corridor. Due to their commitment in supporting the stabilization of one of more recognized cultural anchors, they have helped secure the sustainability of this iconic edifice for many generations to come, which will enhance not only the corridor but also our city as an exciting and vibrant heritage destination.” Rev. Kinzer M. Pointer, Pastor, Agape Fellowship Baptist Church said, “The Michigan Street Baptist Church is the mother church for Buffalo’s black community. It is a critically important national historic gem that should be a point of pride because of its religious significance and the extraordinary role it played with the Underground Railroad.  I am excited to see it being restored to its former glory.” Rev. Mark Blue, President of Buffalo Branch NAACP said, “Thank you, Governor Kathy Hochul and Empire State Development for your continued support in preserving the history of the iconic Michigan Street Baptist Church.” Senator Tim Kennedy said, “The Michigan Street Baptist Church is rooted in history, culture, and community, and this stabilization work marks a significant investment in preserving and celebrating the Michigan Street African American Corridor. With this construction, New York is advancing the greater vision of what this historic Buffalo corridor can become. I thank Governor Hochul for continuing to prioritize this important work.” Assembly Majority Leader Crystal Peoples-Stokes said, “This is a long time coming. I’m ecstatic for the start of construction of the $1.3 million project for the Buffalo Niagara Freedom Station (affectionately known as the Michigan St. Baptist Church) in the Michigan Street African American Heritage Corridor. This project serves as a perfect example of state resources being used to help revitalize Buffalo’s Eastside while strengthening local cultural tourism to make this site truly visitor-ready. The church has a robust history, serving as the home of the Niagara Movement, the precursor to today’s NAACP. I applaud Governor Hochul’s leadership and Empire State Development, who’s efforts contributed to making this project a reality.” Mayor Byron W. Brown said, “The start of stabilization work on the Michigan Street Baptist Church, which will preserve this critical historic structure, is another major step forward for the Michigan Street African American Heritage Corridor. I thank Governor Kathy Hochul and the Empire State Development Corporation for the funding for this and the many other developments that are bringing the history of the Underground Railroad back to life for Buffalo residents and visitors.”  Buffalo Common Council President Darius Pridgen said, “I am excited to learn of the start of stabilization work on the roof and foundation of the Michigan Street Baptist Church. As Ellicott District Councilmember, I have been an advocate for any investment into the African American Heritage Corridor, as it preserves our history in Buffalo and Western New York. This is another step in making the Corridor a travel destination for the region. I thank Governor Hochul for her leadership and my colleagues in government for their continuing support.” County Executive Mark Poloncarz said, “The Michigan Street Baptist Church is an essential part of the Michigan Street African American Heritage Corridor and has been a beacon of hope, freedom and fraternity to generations of men and women since it was built in 1845. Now, 175 years later that beacon will burn brighter than ever with this project, stabilizing this historic structure and preserving its rich history and legacy for future generations. I thank Governor Hochul and the Buffalo Niagara Freedom Station Coalition project for their investment in this revitalizing project and for helping to build a better Erie County.” About the Buffalo Niagara Freedom Station In 2001 the Buffalo Niagara Freedom Station Coalition, a not for profit organization was created to protect and promote the Michigan Street Baptist Church building as a beacon of freedom and to tell its story from its founding in 1845 to today and to inspire and educate future generations. With the help of community stakeholders, they tell the unique stories of the African American experience in Buffalo, to enrich and illuminate the larger African American narrative. In particular, the Board focuses on the Church’s roles in the underground railroad, the formation of the Civil Rights Movement and other chapters of American history related to the struggle for individual liberties. The Church remains operating as a church as part of the "Light of the World Missions" and as a historic landmark, a beacon for the community in the revitalization process envisioned as part of the African American cultural heritage tourism for the Corridor. More information can be found at michiganstreetbaptistchurch.org About Empire State Development Empire State Development 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 Governor’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, visit www.regionalcouncils.ny.gov and www.esd.ny.gov.  Contact: Pamm Lent (Governor’s Office) | [email protected] | (716) 846-8309 Laura Magee (ESD) | [email protected] | (716) 846-8239 Lillie Wiley-Upshaw (Co-Chair, MSAAHCC) | [email protected] l (716) 316-9113
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Press Release

Thursday, December 2, 2021 - 5:14pm
State to Work with Residents, Community Leaders and Public Officials to Revitalize Downtown Areas  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 the City of Rochester, Monroe County, and the Village of Newark, Wayne County, will receive $10 million each in funding as the Finger Lakes Region winners of the fifth round of the Downtown Revitalization Initiative. 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.  "Investing in our downtowns is vital to reigniting New York's recovery," Governor Hochul said. "These awards will enhance Rochester and Newark so that locals and visitors alike can enjoy all these areas have to offer. The Finger Lakes is a region brimming with history and attractions and I look forward to seeing how these winners will use their funds to bring their communities to the next level." Lieutenant Governor Brian Benjamin said, "As we continue to recover from COVID-19, the State's Downtown Revitalization Initiative is a critical tool to help communities across the Empire State recover. The $20 million in funding awarded to Rochester and Newark will help these communities achieve more vibrant neighborhoods and boost their post COVID-19 economies." Read the full press release here.
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Board Meeting

Thursday, December 2, 2021 - 2:30pm
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 3:00 p.m. on Wednesday, December 1, 2021. All comments received by the deadline will be distributed to the Directors prior to the meeting and will posted online.
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Report

Thursday, December 2, 2021 - 1:44pm
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Report

Thursday, December 2, 2021 - 12:00pm
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Press Release

Thursday, December 2, 2021 - 11:11am
Company to Add 10 New Full-Time Jobs and Maintain 41 Current Employees Empire State Development (ESD) today announced the expansion of STI-CO Industries in Orchard Park.  The telecommunications company specializes in designing and manufacturing custom, high-performance antenna systems for military, public safety, transit agencies and others. STI-CO is investing $2.5 million for a 25,000-square-foot building, which will allow it to expand and hire 10 new, full-time permanent employees and retain 41 existing, full-time permanent employees. “As we build back from the pandemic, our strategic investments in innovative companies are critical to re-energizing New York State’s economy and workforce," said Hope Knight, Empire State Development Acting Commissioner and President & CEO-designate. “I commend STI-CO Industries for choosing to grow its operation in Western New York, where manufacturing has such a rich history and has been a staple in the region’s economy for decades.”  STI-CO Industries specializes in designing and manufacturing mission critical antenna systems to keep police, fire and logistics teams safe and securely connected. The company is anticipating sales growth of 65% from 2021 to 2025, as it works to serve the needs of the military and transportation industries. To meet its strategic sales targets, STI-CO will purchase a 25,000-square-foot building to replace its current 14,500-square-foot facility, as well as make investments in building renovation costs and equipment purchases. To encourage this investment, ESD is providing STI-CO industries up to $105,000 in New York State Excelsior Jobs Tax Credits in exchange for creating 10 new jobs. STI-CO President Kyle Swiat said, “This investment reflects the strength of our existing business, the quality of our employees, and our commitment to Western New York. I’d like to thank Empire State Development for providing the support needed to enable us to grow.” The building, which is now a warehouse located at 15 Cobham Drive in Orchard Park, will be converted into office space, manufacturing, and research and development areas. The renovated facility will be used to manufacture specialized antenna systems and related components. The project is expected to be completed in February 2022., I have drafted a quote for your kind consideration.  Thank you for your review and sign off. Best, Pamm Senator Sean Ryan said, “In order grow our state’s economy and create more good-paying jobs, it is important that businesses continue to identify New York as a great place to call home. The Excelsior Jobs Program was devised to attract companies like STI-CO and help them to expand their operations, and I am thrilled to see the program is delivering for Orchard Park. STI-CO’s commitment to Western New York is great news, and I thank them for being a part of our region’s economic future.” Assemblyman Pat Burke said, “I am glad to see further economic investment in our Orchard Park community. I applaud STI-CO Industries for choosing to expand its operation in our region, as investments such as these will help advance our economic bounce-back from the pandemic.” County Executive Mark Poloncarz said, “STI-CO Industries is creating new jobs and retaining existing ones in this expansion, investing in our workforce and showing that Erie County is a great place for telecommunications business. Our economic sector continues to grow and diversify, which is good news for the entire county.” More information about STI-CO can be found 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 Kathy Hochul’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, 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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