The Finger Lakes Regional Economic Development Council (FLREDC) announced its annual report was submitted to the State to meet the October 2 deadline. The report details the Council’s achievements in implementing its five year, Finger Lakes Forward strategic planand reflects progress on efforts to ensure sustainable and long-term growth in the nine-county region and to leverage the region’s advantages in key industry sectors, including optics, photonics and imaging, advanced and next generation manufacturing and agriculture and food production.
In furtherance of these goals, strategies and initiatives, the report recommends 36 priority projects to advance the region’s growth objectives. These projects, from Genesee, Livingston, Monroe, Ontario, Orleans, Seneca, Wayne, Wyoming and Yates counties, represent a total proposed state investment of at least $20 million, leveraging $95 million in private and other funding for total project expenses of more than $115 million with a return on investment of 7 to 1.