Empire State Development news and press releases

See all the official press releases from Empire State Development.

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Public Notice

Tuesday, June 12, 2018 - 2:30pm
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Press Release

Monday, June 11, 2018 - 3:49pm
Empire State Development (ESD) today issued a Request for Proposals (RFP) for the purchase and redevelopment of the former Butler Correctional Facility in Wayne County.  Located 40 miles northwest of Syracuse and 50 miles east of Rochester, this minimum and medium security prison was vacated in 2014 as part of the State’s ongoing initiative to decommission and consolidate underutilized correctional facilities across New York State.  Potential projects will be reviewed with the regionally designed Finger Lakes Forward economic development plan in mind.  The RFP is available on the Empire State Development website here. "With a central location near an extensive transportation network and its proximity to popular tourist destinations, this site presents a unique opportunity for development in the Finger Lakes region,” said ESD President, CEO, and Commissioner Howard Zemsky. “We look forward to reviewing proposals that create new jobs and stimulate local economic growth.” The site, located at 14001 Westbury Cutoff Road, is an almost 200-acre campus spanning the towns of Wolcott and Butler in Wayne County.  The site comprises two adjacent correctional facility complexes that are distinguishable and possibly severable.  A 50-acre minimum-security complex, located in the southern portion of the site, opened in 1989, and a 101-acre medium-security complex, located in the northern portion of the site, opened in 1990.    Both complexes include barracks-style housing units, gymnasiums, recreation and athletic fields, dining halls and industrial style kitchens, administrative and visitors’ buildings, parking lots, and storage and maintenance facilities.   A paved road circumnavigates both complexes.  A vacant 45-acre parcel is located adjacent to the two correctional facility complexes.  Respondents to the RFP can submit proposals for A) the 50-acre minimum security facility, B) the 101-acre medium security facility or C) both facilities.  Respondents can also add the adjacent 45-acre parcel to either proposal.  The Towns of Butler and Wolcott sit on the northern end of New York’s Finger Lakes region, 10 miles south of Lake Ontario.  The pristine Finger Lakes are within a day’s travel distance of ten of the largest cities in North America and are home to more than 100 wineries, making it a popular tourist destination. The region also has a wealth of academic and research institutions, an extensive transportation network, numerous industrial parks, advanced research and development facilities, a highly educated and productive workforce, and advanced health care systems.  Land uses around the site are primarily residential and agricultural, with ancillary agricultural uses along the main roads such as propane distribution businesses and agricultural supply stores. Proposals will be evaluated based on the following criteria: Overall conceptual design and program of uses Direct economic benefits of the project Competitiveness of the proposed financial terms and financial benefits to New York State, as well as the financial feasibility of the project Experience, financial capabilities and qualifications of the respondent in developing and financing projects of similar size and/or nature Project design and timing, including proposed project development and construction plan; innovative technical solutions; and incorporation of sustainable building practices Direct benefits to the community, including job creation and economic impacts Inclusion of certified Minority- or Women-owned Business Enterprises (MWBEs) or Service-Disabled Veteran-owned Business Enterprises (SDVOBs) While not directly linked to this RFP, the State has available Economic Transformation Program (EPT) grants of up to $5.5 million to fund projects on the site and within 15 miles of the site.  Preference in the award of ETP grants is given to projects that create or retain jobs; prevent, reduce or eliminate unemployment or underemployment; and/or increase business activity. Applications for ETP grants and any resulting awards are separate from this RFP. Responses are due by 2 p.m. on Thursday, August 9, 2018. An optional site visit is scheduled for Tuesday, June 26. Respondents are not required to attend; however, if they wish to participate, they must RSVP to BUTLERRFP@esd.ny.gov. The RFP and additional information is available on the Empire State Development website 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 $5.2 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. Today, unemployment is down to the lowest levels since before the Great Recession; personal and corporate income taxes are down; and businesses are choosing places like Rochester, Batavia and Canandaigua as a destination to grow and invest in. 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. ​ About Empire State Development Empire State Development (ESD) is New York’s chief economic development agency (www.esd.ny.gov). 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 NEW YORK,” 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: Shari Voorhees-Vincent | Shari.Voorhees-Vincent@esd.ny.gov | (585) 399-7055 Press Office | pressoffice@esd.ny.gov | (800) 260-7313
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Public Notice

Monday, June 11, 2018 - 11:00am
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Board Meeting

Monday, June 11, 2018 - 10:30am
With videoconferencing to:   Empire State Development 633 Third Avenue – 36th Floor Conference Room A New York, NY 10017  
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Public Notice

Monday, June 11, 2018 - 10:00am
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Public Notice

Thursday, June 7, 2018 - 11:40am
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Press Release

Wednesday, June 6, 2018 - 2:10pm
Empire State Development (ESD) today announced a $150,000 grant to New York Institute of Technology (NYIT) to develop a Research and Technology Innovation Bioengineering Laboratory at NYIT’s Old Westbury campus in Long Island. The project, endorsed by the Long Island Regional Economic Development Council (LIREDC), will support advancements in the life sciences in bioengineering, artificial intelligence, sensors and biomedicine. “New York State’s $150,000 grant to NYIT’s new Research and Technology Innovation Bioengineering Laboratory will support Long Island’s steady emergence as a hub for life sciences research and advancements in biotechnology,” said ESD President, CEO, and Commissioner Howard Zemsky. “New York State’s future lies in its well-educated, skilled workforce, and today’s investment is an investment in our tomorrow.” The new lab will be housed in NYIT’s Harry Schure Hall, with state-of-the art equipment that will enable specialized research into micro- and nano-scale biosensors and biomaterials to address outstanding questions in the life sciences and human health. Researchers will use a paste extrusion 3-D printer to synthesize biomedical devices and structural biomaterials for enhanced tissue healing. A UV-vis spectrophotometer will facilitate work to develop a highly sensitive biosensor for early detection of fatal diseases like cancer and HIV, and a fluorescent microscope will help researchers understand critical elements of cellular attachment, bioactivity, gene expressions, and therapeutic efficiency. The new Research and Technology Innovation Bioengineering Laboratory was awarded a $150,000 grant through Round VII of the Regional Economic Development Council Initiative. ESD has awarded NYIT School of Engineering and Computing Sciences funds totaling more than $1 million in support of the school’s Entrepreneurship and Technology Innovation Center (ETIC), a Cyber Security laboratory and technology incubator, STEM curriculum training facilities and funds to expand engineering classes and labs.  NYIT was also designated as an official New York State Certified Business Incubator. Interim Dean Babak D. Beheshti, Ph.D., said: “NYIT’s purpose is to prepare the next generation for the jobs and opportunities of the future. Our school’s mission is to be the ‘go to place’ for outstanding engineering talent.” Azhar Ilyas, Ph.D, Assistant Professor of Electrical and Computer Engineering, said: “Integration of engineering and biology at the very small scale can offer tremendous opportunities for solving important problems in health sciences and medicine.” Long Island Regional Economic Development Council (LIREDC) Co-Chairs, Hofstra University President Stuart Rabinowitz and Long Island Association President Kevin Law, said: “The LIREDC has consistently supported a thriving biotech and life sciences corridor in Long Island, where some of New York’s greatest minds come together to tackle the greatest questions in medicine and human health. This $150,000 grant for a new Research and Technology Innovation Bioengineering Laboratory at NYIT, endorsed by the LIREDC, builds on the momentum we’re seeing across the region.” Funding from New York State builds on the Governor's efforts to foster a thriving biotech corridor among major institutions on Long Island, including Stony Brook University, Northwell Health,  Cold Spring Harbor Laboratory, Brookhaven National Laboratory, Hofstra University, Broad Hollow Bio Science Park, and the Feinstein Institute for Medical Research. Bioengineering has become a major focus of research and study at NYIT. The institution now offers a bioengineering master’s degree, and researchers are pursuing projects that include disease diagnosis and monitoring, patient care and assistance, and other bio-medical applications. In addition, faculty and students are creating nanofabricated and 3-D printed nano-scale devices for applications in sensing, therapeutics, and tissue engineering. New York State's $620 Million Life Science Initiative In the FY 2018 budget, New York State enacted a $620 million initiative to spur the growth of a world-class life science research cluster in New York, as well as expand the state's ability to commercialize this research and grow the economy.  This multi-faceted initiative includes $100 million to expand the Excelsior Jobs Program Tax Credit to the life sciences industry, $100 million for a life sciences research and development refundable tax credit program, and $320 million in other forms of investment. This includes state capital grants to support the development of wet-lab and innovation space, operating support and investment capital for early stage life science companies that leverages an additional match of at least $100 million from the private sector. The Life Science sector encompasses the fields of biotechnology, pharmaceuticals, biomedical technologies, life systems technologies, and includes organizations and institutions that devote the majority of their efforts to the various stages of research, development, technology transfer and commercialization. Every day, firms in this sector are developing new medical and pharmaceutical breakthroughs that have the potential to save lives, whether through new therapies or the early detection of diseases like autism and cancer. These firms are also making significant advancements in the realms of agriculture and environmental biotechnologies, helping create a cleaner and more sustainable future.  By strengthening incentives, investing in the facilities, and improving access to talent and expertise, New York will significantly increase its share of industry-funded research and development, support the commercialization of existing academic research, and usher in the next generation of advanced technologies. Beyond the advancements in science, this initiative will position New York as a magnet for emerging manufacturing-based enterprises, bolstering regional economies and creating thousands of jobs. About the Regional Economic Development Councils The Regional Economic Development Council (REDC) initiative is a key component of Governor Cuomo's approach to State investment and economic development. In 2011, Governor Cuomo established 10 Regional Councils to develop long-term strategic plans for economic growth for their regions. The Councils are public-private partnerships made up of local experts and stakeholders from business, academia, local government, and non-governmental organizations. The Regional Councils have redefined the way New York invests in jobs and economic growth by putting in place a community-based, bottom up approach and establishing a competitive process for State resources. After seven rounds of the REDC process, more than $5.4 billion has been awarded to more than 6,300 job creation and community development projects consistent with each regions strategic plans, projecting to create and retain more than 220,000 jobs. For more information on the Regional Councils, visit www.regionalcouncils.ny.gov. About Empire State Development Empire State Development is New York’s chief economic development agency (www.esd.ny.gov). 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. About NYIT NYIT (New York Institute of Technology) offers 90 degree programs, including undergraduate, graduate, and professional degrees, in more than 50 fields of study, including architecture and design; arts and sciences; education; engineering and computing sciences; health professions; management; and osteopathic medicine. A non-profit independent, private institution of higher education, NYIT has 10,000 students in programs and campuses in New York (Manhattan and Old Westbury, Long Island) and Arkansas as well as China, Canada, and the United Arab Emirates. NYIT sponsors 13 NCAA Division II programs. NYIT is guided by its mission to provide career-oriented professional education, offer access to opportunity to all qualified students, and support applications-oriented research that benefits the larger world. More than 100,000 graduates have received degrees from NYIT. For more information, visit nyit.edu.   Contact: Amy Varghese | amy.varghese@esd.ny.gov | 212-803-3740 ESD Press Office | pressoffice@esd.ny.gov | (800) 260-7313
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Press Release

Tuesday, June 5, 2018 - 3:57pm
The Western New York Power Proceeds Allocation Board (WNYPPAB) today voted to recommend $142,000 in funding to the Historic Palace, Inc., a theater based in Lockport. The funding would pay for a portion of the costs associated with upgrading the theater, including new and expanded audience seating, a new stage rigging system and an expansion of the orchestra pit. WNYPPAB’s recommendation is expected to be considered by the New York Power Authority Board of Trustees at a future date.  “The funding recommended today would allow this iconic theater located in Western New York to grow by increasing its ability to accommodate larger live shows and increase profitability,” said Western New York Power Proceeds Allocation Board Chairman Anthony J. Colucci III. “In addition, the project will compliment other New York State investments in Lockport, including the construction of the CFCU Arena and restoration of the Flight of Five Locks.”  The Historic Palace will use WNYPPAB recommended funding to support its renovation by replacing its antiquated six bar stage rigging with a new 20 to 30 bar system to support lighting and other equipment, adding seating to accommodate larger shows and expanding the orchestra pit to allow more space for musicians and for electrical system upgrades. Proposed upgrades to the theater are estimated to increase visitor numbers from 85,000 to 125,000 per year and economic impact from $2.4 million to more than $3.5 million annually for Lockport. The latest recommendation for power proceeds awards stem from legislation signed into law by Governor Cuomo, known as the Western New York Power Proceeds Allocation Act. The legislation authorizes net earnings from the sale of unused hydropower from NYPA’s Niagara Hydroelectric Power Plant to be deposited into the Western New York Economic Development Fund (Fund) to support economic development in Western New York. The Fund has accrued approximately $41 million to date. Approximately $36 million from that amount has been approved for awards by the NYPA Trustees on the basis of earlier recommendations by the proceeds Allocation Board. These earnings are designated to spur capital investments and job growth. The Western New York Power Proceeds Allocation Board reviewed this and other applications for fund proceeds in accordance with requirements of the act. For example, eligible projects must be located within a 30-mile radius of NYPA's Niagara Power Project. The Allocation Board also considers the extent to which an award would be consistent with the strategies and priorities of the area New York regional economic development councils.  Contracts with awardees will include provisions for periodic audits to ensure that the funds are utilized for agreed-upon purposes. Some projects are subject to legal requirements that must be satisfied before an award of Fund proceeds can be made. The power proceeds board is comprised of the following members, appointed by Governor Cuomo: Chairman Anthony Colucci III, managing attorney of the law firm of Colucci & Gallaher in Buffalo; Deanna Alterio Brennan, president of the Niagara USA Chamber of Commerce; Brenda Williams McDuffie, president of the Buffalo Urban League; and Dennis W. Elsenbeck, head of energy, sustainability, energy consulting services at Phillips Lytle.   Contacts: Pamm Lent (Governor’s Office) | pamm.lent@esd.ny.gov | (716) 846-8309 Laura Magee (ESD) | laura.magee@esd.ny.gov | (716) 846-8239 | (800) 260-7313
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Press Release

Tuesday, June 5, 2018 - 1:26pm
Special Programs Offer Immersive Opportunities to Experience New York State History and Heritage during the 2018 Path Through History Weekends, June 16-17 and October 6-8 NEW YORK – June 5, 2018 – Events across New York State will offer new perspectives into the state's history and heritage during this year's Path Through History Weekends. Scheduled to coincide with Father's Day on June 16-17 and Columbus Day on October 6-8, these events are ideal vacation and family opportunities. During these weekends, hundreds of museums, historic sites, parks and community groups across the state will host special tours, reenactments and other enhanced programming. Many participating sites will also offer special discounts or free admission. Visitors might find themselves playing an early form of baseball, talking to a soldier at a living history reenactment, watching a glassblowing demonstration, or sampling new foods at a festival showcasing one of the state’s diverse communities. "From the Civil Rights movement and expansion westward via the Erie Canal to pivotal wartime moments, New York and its people have helped shape America’s history," New York State Executive Director of Tourism Ross D. Levi said. "With one-of-a-kind insider experiences, Path Through History Weekends provide a great opportunity to discover some of New York State’s fascinating story. These weekends are an especially great time to plan a family getaway that is both enriching and fun." The weekends showcase New York’s Path Through History program, introduced by Governor Andrew M. Cuomo in 2012, which uses 13 themes to organize more than 650 heritage sites across the state. The Path Through History website provides maps; a user-friendly list of historical sites searchable by theme, region and dates of travel; and an itinerary builder to help visitors plan a trip along their very own path through history. Read the full press release here. 
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Press Release

Monday, June 4, 2018 - 7:33pm
Governor Andrew M. Cuomo today announced 22 projects have been selected to be funded through the $30 million Alliance for Economic Inclusion anti-poverty initiative in Central New York. Founded in 2017, the AEI is comprised of a group of 24 community leaders from within the five counties of Central New York who were chosen to represent the diversity of governments, businesses, schools and economic opportunities and challenges as identified by the community. Onondaga County will administer the project funding upfront and then will be reimbursed by the state. Funding for the first round of the initiative totals $6.9 million, with the opportunity for the chosen projects to earn further funding in subsequent years. "New York will continue to empower communities, creating and expanding economic opportunity in every corner of this great state," Governor Cuomo said. "These projects address the needs of this region's most vulnerable communities, producing meaningful change and helping all of Central New York continue to rise." “We’re aggressively working to address the issue of poverty across the state, including in Central New York,” said Lieutenant Governor Kathy Hochul, chair of the statewide Regional Economic Development Councils. “The Regional Economic Development Council is targeting projects that directly address economic inequity. These initiatives will provide individuals with opportunities to rise out of their circumstances and lead productive lives.” The AEI is being funded through the successful CNY Rising Upstate Revitalization Initiative plan submitted by the Central New York Regional Economic Development Council, which was tasked with addressing poverty in Cayuga, Cortland, Madison, Oswego and Onondaga Counties. Estimates based on 2016 population data show 14.9 percent or 112,020 of Central New York residents live in poverty. The poverty rate is significantly higher in more populated centers such as the City of Syracuse. Read the full press release here.
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