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.

All
Blog Posts
Filter Options
Close
2923

items

Press Release

Friday, April 22, 2022 - 4:00pm
Industry Veterans David Anderson and Dr. Douglas Grose Will Lead Effort to Bring Major Hub of the New National Semiconductor Technology Center to Albany Nanotech Complex Governor Kathy Hochul today announced the appointment of David Anderson as president of the New York Center for Research, Economic Advancement, Technology, Engineering and Science. Anderson, an industry veteran with decades of experience, will team with Dr. Douglas Grose, past president and former chair of NY CREATES, to lead the State’s strategy for securing billions of dollars in federal funding to establish the Albany Nanotech Complex as a primary research and development hub and the headquarters of the proposed National Semiconductor Technology Center. “As supply chain concerns and global conflicts continue to impact the production of microchips, New York stands ready to spearhead the revitalization of the semiconductor industry domestically,” Governor Hochul said. “The experience and expertise of David Anderson and Dr. Douglas Grose will play a key role in our efforts to drive the nation's innovation economy forward as we continue our economic comeback from COVID-19. I look forward to these industry players leading the way and we will remain laser-focused on growing this crucial industry, which will cement New York as the national hub for semiconductor manufacturing.” David Anderson joins NY CREATES after most recently serving as President for SEMI Americas, a division of SEMI, the leading global industry association for the electronics manufacturing and design supply chain. Anderson brings the knowledge and skills necessary to lead the statewide organization into its next chapter of innovation and success, with his decades of experience in the semiconductor and microelectronics industries, leadership positions with multiple associations and consortia, and expertise on global supply chain issues. Read the full press release.
learn more
Board Meeting

Thursday, April 21, 2022 - 10:00am
In accordance with current Legislation, this meeting will be conducted via video conference and teleconference. The public may view and listen to the meeting via webcast by clicking here. Members of the public may submit comments on the Agenda items in writing to [email protected] by Noon on Wednesday, April 20, 2022. All comments received by the deadline will be distributed to the Directors prior to the meeting and will posted online.
learn more
Board Meeting

Wednesday, April 20, 2022 - 3:00pm
In accordance with recently passed Legislation, this meeting will be conducted via teleconference. The public may listen to the meeting via webcast (audio) by clicking the link below on (or after) April 20, 2022 at 3:00 pm. Members of the public may submit comments on the Agenda items in writing by noon on Monday, April 18, 2022 to: [email protected]renewnyc.com.​ All comments received by the deadline will be distributed to the Directors prior to the meeting and will posted on-line. The Agenda and the materials are posted on LMDC’s website www.renewnyc.com.
learn more
Public Notice

Wednesday, April 13, 2022 - 2:00pm
View all grants to be presented at the batch virtual public hearing.
learn more
Report

Monday, April 11, 2022 - 6:24pm
Empire State Development (ESD) oversees administration of the Empire State Commercial Production Tax Credit Program. The Program is designed to increase the production of commercial filming in New York State. Commercial Production Tax Credit Program Annual Report: 2020
learn more
Board Meeting

Monday, April 11, 2022 - 2:00pm
In accordance with current 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 5:00 p.m. on Friday, April 8, 2022.
learn more
Press Release

Monday, April 11, 2022 - 1:24pm
Program will Accelerate Commercialization Efforts by Early Stage Companies and Late Stage Academic Research for Infectious Disease Solutions While Growing the State’s Life Science Economy Round One Recommended Awardees Here Governor Kathy Hochul today announced the first round of awardees of the $40 million New York State Biodefense Commercialization Fund. The program was created to accelerate the development and commercialization of life science innovations that address serious infectious disease threats including COVID-19 and its variants, while also creating jobs and encouraging continued growth across New York’s expanding life science industry. Upon board approval by Empire State Development, eighteen grants will be awarded for a total grant commitment of $15,292,418.  “New York State was hit first and hit hardest by COVID-19, and even as New York continues its progress in combating this virus and building back stronger, we’re taking measures to ensure we’re prepared for the future,” Governor Hochul said. “These grants help promote the growth of New York State’s visionary life science companies, while also increasing our preparedness against current and future infectious disease threats, helping create a safer, stronger Empire State for years to come.” New York State Empire State Development Acting Commissioner and President and CEO-designate Hope Knight said, “Supporting innovative companies focused on COVID-19 and other infectious diseases through the State's Life Science Initiative has demonstrated that New York State is addressing global health concerns while delivering on its goal of economic development and growing the life science ecosystem.”  Read the full press release here.
learn more
Press Release

Monday, April 11, 2022 - 12:44pm
Columbia’s $2.7 Million Instrument Will Help Scientists to Uncover the Full Potential of Heavy Ion Radiation Therapy for Hard-to-Treat Cancers  Empire State Development today announced the completion and installation of Columbia University’s $2.7 million custom designed and manufactured linear accelerator, or LINAC, booster at its Radiological Research Accelerator Facility (RARAF) in Irvington, Westchester County. The LINAC booster will allow scientists at Columbia University and other cancer research institutions to better understand how radiation therapy with carbon and other heavy ions work in patients with hard-to-treat malignancies. The completion and installation of this LINAC booster establishes Columbia University as the only institution in the United States with an instrument dedicated to research on heavy ion radiation therapy.  "Today’s ribbon cutting on the Linear Accelerator (LINAC) Booster signals to the rest of the nation that New York is ready to lead the charge as the public health capital of the world," said Lieutenant Governor Brian Benjamin. "This Mid-Hudson facility will accelerate the world’s progress on developing the next generation of cancer treatments, which will allow for job creation, while also saving lives. As Chair of the statewide Regional Economic Development Councils, I am particularly proud of our Mid-Hudson Regional Economic Development Council for seeing the potential in this investment long before it was reality."  Empire State Development Acting Commissioner and President & CEO-designate Hope Knight said, "The research that is being conducted at Columbia University’s Radiological Research Accelerator Facility has the potential to make groundbreaking advances in cancer research. This project will support the region’s life science industry, complements the state’s investments in research and development and truly represents what public-private partnerships can accomplish."  Lisa Kachnik, MD, Chu H. Chang Professor and chair of the Department of Radiation Oncology at Columbia University Irving Medical Center, said, "We are most excited and thankful to work with New York State in creating new pathways for investigators at Columbia University to better understand how we can leverage heavy ion radiation therapy and enhance outcomes for patients with difficult-to-treat cancers."  David Brenner, PhD, Higgins Professor of Radiation Biophysics and director of the Center for Radiological Research at Columbia University’s Vagelos College of Physicians and Surgeons, said, "Carbon and other heavy ions may offer important advantages over conventional radiation therapy in treating pancreatic and other types of cancer, but the biology underlying its efficacy is not well understood. Thanks to generous grants from the state and National Cancer Institute, scientists at Columbia and other cancer research institutions will be able to answer some longstanding questions about the mechanisms underlying the antitumor effects of heavy ions in an effort to develop more effective therapies for hard-to-treat cancers."  Conventional radiation therapy mainly uses photons—weightless particles of light—to damage the DNA in tumor cells. Because photons are so light, they release most of their energy in healthy tissue en route to their target. And the deeper a tumor it is, the less radiation it may receive. Heavy ions could radically improve radiation therapy for treatment of pancreatic cancer and other difficult-to-treat tumors if researchers can better understand how the ions work against cancer.  There are 13 centers outside of the United States treating patients with carbon ion radiation therapy, and data from these centers show that radiotherapy with carbon ions for some hard-to-treat tumors is promising. Currently, researchers at Columbia are planning to study the effects of heavy ions in preclinical models of pancreatic, breast, esophageal, melanoma, and prostate tumors.  Mid-Hudson Regional Economic Development Council Co-Chairs Dr. Marsha Gordon, President & CEO of The Business Council of Westchester, and Dr. Kristine Young, President of SUNY Orange, said, "Projects such as Columbia University’s linear accelerator perfectly represent the goals of the state's regional approach to economic development through the Regional Council process. By identifying projects in the life science cluster, a priority of the region, we can grow the Mid-Hudson’s life sciences workforce, increase opportunities for entrepreneurship and growth and most importantly, identify treatments that will result in better health outcomes for all."  The Mid-Hudson Regional Economic Development Council recommended a $400,000 Empire State Development Capital Grant towards the purchase and installation of this instrument. Not only will the LINAC booster allow researchers to uncover the full potential of heavy ion radiation therapy, it will retain 20 existing jobs and create seven new jobs.    Senate Majority Leader Andrea Stewart-Cousins said, "The completion of Columbia University's linear accelerator (LINAC) booster at the Radiological Research Accelerator Facility (RARAF) in Irvington is an exciting milestone in the fight against cancer. I'm proud of New York State's $400,000 investment through the Mid-Hudson Regional Economic Development Council for this project and the jobs it will retain and create, to ensure that Westchester County is leading the way against pancreatic, breast, prostate, and more hard-to-treat cancers. The scourge of cancer has impacted almost every family in some way, and I look forward to the progress that will be made."  Westchester County Executive George Latimer said, "We are pleased to serve as the home of this innovative technological advancement that will help improve patient care and allow for a foundation to treat this disease more thoroughly, while providing new forms of therapy."  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 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: Kristin Devoe | [email protected] | (518) 414-1087 
learn more
Report

Friday, April 8, 2022 - 4:06pm
This report serves as the March 2022 quarterly update to the COVID-19 Pandemic Small Business Recovery Grant Program Report. COVID-19 Pandemic Small Business Recovery Grant Program Report - March 2022 Update
learn more
Press Release

Friday, April 8, 2022 - 4:00pm
Goshen Theme Park's First Full Season Will Offer New Events, Shows and Attractions  Announcement Complements State's Efforts to Rebuild and Revitalize New York State's Tourism Industry  Photos of LEGOLAND New York Resort Available Here Governor Kathy Hochul today announced the 2022 season opening of LEGOLAND® New York Resort in Goshen, Orange County. This will be the theme park’s first full season after officially opening in July 2021. This year, LEGOLAND New York Resort is offering guests a full calendar of exciting events, including its first-ever July 4 fireworks. New entertainment venues – including the LEGO® City Water Playground – are scheduled to open this summer, providing guests with a perfect oasis for a hot summer day, as well as an opportunity to build and race their own LEGO boat.   "We are thrilled to welcome travelers from all over the state and world as LEGOLAND New York Resort opens for the season,” Governor Hochul said. "This unique, family friendly destination has been a boon to the local economy and is an integral part of the state's tourism industry. The future is bright for LEGOLAND New York and we look forward to many successful seasons to come as we continue our economic comeback from COVID-19.”    Stephanie Johnson, LEGOLAND New York Resort Divisional Director, said, "There’s so much excitement around family travel this year, and we can’t wait to build bricktastic memories with our guests this season. We saw strong demand last year, even with our phased opening, and we expect to build on that momentum in our first full season as we welcome families to experience everything our Resort has to offer."      Excitement for the new season at LEGOLAND New York Resort continues to grow, where the 250-room LEGOLAND Hotel is already sold out for most dates in April. Designed and built for kids, the hotel was popular with families last year, operating at or near capacity between August and November. Each of the LEGO® themed rooms features a separate children's sleeping area, with daily children's entertainment and scavenger hunts for LEGO prizes – and all located just steps away from the theme park.    Empire State Development Acting Commissioner and President & CEO-Designate Hope Knight said, "Tourism is crucial to the economic vitality of New York State, and the pandemic dealt a huge blow to the industry in both domestic and international markets. This celebration of LEGOLAND’s first full season in New York represents many of the positive indications that we are rebuilding and recovering from the COVID-19 crisis and revitalizing this industry that supports so many jobs and businesses across the state.”  Read the full press release here.
learn more