Empire State Development news and press releases

See all the official press releases from Empire State Development.

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Friday, August 7, 2020 - 5:25pm
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 2019, ending 9/30/2019. 9/30/2019: 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
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Board Meeting

Monday, August 3, 2020 - 11:00am
Due to public health concerns and as authorized by Executive Order of the Governor, 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 5:30 pm on Friday, July 31, 2020.
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Press Release

Thursday, July 30, 2020 - 5:27pm
$6.9 Million in Incentives Awarded to Manufacturers Across the State Will Provide State and Local Governments and In-State Entities Faster and More Secure Access to Life-Saving Medical Products  Governor Andrew M. Cuomo today announced 12 New York companies have received support from the State to produce needed supplies to help combat the COVID-19 pandemic. While the State currently has some of the lowest transmission rates in the United States, preparing for a possible "second wave" is vital to protecting essential healthcare workers and the public. These grant funds will help alleviate product shortages due to supply chain issues that could lead to unfair pricing practices. These companies will also increase the State's manufacturing capacity while creating new jobs and market opportunities. To date, more than $11 million in grants have been awarded to 20 qualifying New York-based companies to retool their business lines and pivot to manufacturing vital supplies for ongoing response and recovery efforts. "During the pandemic, the nation has learned a hard lesson about not having a supply chain for vital supplies based here at home in the U.S. and as a result we had to scour the globe for live-saving products that are mainly manufactured overseas," Governor Cuomo said. "That won't happen again in New York - we are building the infrastructure needed for the future and by supporting local companies' pivot to new areas of production, we will be in a better position to avoid supply and demand issues and secure the items we need both quickly and at reasonable prices." Empire State Development Acting Commissioner and President & CEO-designate Eric Gertler said, "Many of the world's premier and most innovative companies are in New York State. ESD's support for these businesses not only answers Governor Cuomo's call for homegrown industries to assist with the state's efforts to combat the coronavirus but reflects the investment that is being made to strengthen New York's manufacturing sector, enhance a diverse, dynamic private sector partner that can adapt quickly to new market opportunities, and continue its record of smart growth as we reopen and grow statewide."  Read the full press release here.
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Board Meeting

Tuesday, July 28, 2020 - 11:00am
Due to public health concerns and as authorized by Executive Order of the Governor, 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 4:30 p.m. on Monday, July 27, 2020.
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Board Meeting

Monday, July 27, 2020 - 11:00am
Due to public health concerns and as authorized by Executive Order of the Governor, 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 USANiag[email protected] by 9:00 am on Monday, July 27, 2020.
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Report

Friday, July 24, 2020 - 2:20pm
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. Read the 2017 annual Commercial Production Tax Credit Program Report below: Commercial Production Tax Credit Program Annual Report: 2017
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Public Notice

Tuesday, July 21, 2020 - 5:30pm
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Public Notice

Tuesday, July 21, 2020 - 5:30pm
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Public Notice

Tuesday, July 21, 2020 - 5:30pm
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Public Notice

Tuesday, July 21, 2020 - 5:30pm
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