Empire State Development public notices

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Press Release

Tuesday, February 23, 2021 - 5:09pm
NYC-based, women-led company, uses software to improve communication between schools and families in school districts across the country  Empire State Development (ESD)’s NY Ventures provides capital to grow and support early-stage, high-growth startups located in New York State through direct investments. Empire State Development today announced a $54,000 investment in Kinvolved, the NYC based women-led company leading the way to improve family engagement and prevent student absenteeism in school systems across the country. This investment was provided by New York Ventures, the venture capital arm of Empire State Development.  Kinvolved works with school districts using KiNVO, an attendance and communications software that helps schools and families engage through voice calls, emails, and two-way SMS text messaging instantly translated into 80+ languages. The tool is used to fight chronic absenteeism and tardiness and has been key to supporting communications and information sharing during the COVID-19 pandemic—15+ million messages sent between March and June—including information about free meals, distribution of learning materials, and access to resources. Kinvolved works with more than 400,000 stakeholders in 12 states, including several of the largest public school districts in the United States such as New York City, Miami-Dade County Public Schools, Washington, D.C., and Providence, R.I. In New York State, outside of New York City, Kinvolved serves school districts in the Capital, Mid-Hudson, Southern Tier, and Western NY regions.  Empire State Development Acting Commissioner and President & CEO-designate Eric Gertler said, “New York Ventures supports entrepreneurs and high-growth startups as they see their ideas through to reality. This investment in Kinvolved, which improves communication between schools and families, is especially critical as we help our students continue to learn and thrive during the COVID-19 pandemic.” Kinvolved CEO and Co-Founder Miriam Altman said, “We’re extremely grateful for the support of New York Ventures. The funding allows us to empower districts to reduce absenteeism in any learning scenario, and the opportunity to urgently serve more districts across our home state is a particular honor.” Kinvolved’s holistic, research-based approach combines technology and human interaction. This multi-strategy approach includes professional learning and an attendance and communications software (KiNVO) that empowers districts to engage all students and families regardless of language, device, internet access, or location. Kinvolved partner schools and districts have relied heavily on KiNVO throughout the pandemic; the software has helped districts: Manage attendance in remote, in-person, and hybrid learning environments even while transitioning from one learning scenario to another Identify unknown and incorrect contact information, and keep family contact information up to date Create a unified district and school-wide communications strategy Easily keep families in the loop about their students' attendance and provide staff with actionable attendance data Miriam Altman, a former New York City high school history teacher, co-founded Kinvolved with Alexandra Meis in 2012 As a teacher, Altman had observed the impact that attendance and absenteeism had on her students. The Kinvolved approach incorporates her first-hand knowledge of what works – including making sure that families are informed about and involved in their student’s attendance. New York State had previously invested $950,000 in Kinvolved through the New York Ventures Innovation Venture Capital Fund and its Minority and Women Business Investment Funds. This latest round of investment reinforces support for Kinvolved and the positive impact they have on New York State schools and the communities that they serve. For more information on Kinvolved, please visit https://kinvolved.com. About New York Ventures New York Ventures is the venture capital investment arm of Empire State Development, New York State’s chief economic development agency. New York Ventures meets the critical capital needs of the state’s innovation economy by providing funding to high-growth startups as they move from concept to commercialization, through early growth and expansion. More information is available 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 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. Contact: Kristin Devoe (ESD) | [email protected] | (518) 414-1087 ESD Press Office | [email protected] | (800) 260-7313
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Report

Tuesday, February 23, 2021 - 11:08am
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Report

Friday, February 19, 2021 - 5:39pm
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 fourth quarter of 2020, ending 12/31/220. 12/31/2020: 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 CHART I - EXCELSIOR JOBS PROGRAM QUARTERLY REPORT - Businesses Issued Credits- Tax Year 2019
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Report

Friday, February 19, 2021 - 5:32pm
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 fourth quarter, ending 12/31/2020. 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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Press Release

Friday, February 19, 2021 - 1:03pm
Outlined in Governor Cuomo's 2020 State of the State Agenda, Empire Station Complex Envisions an Integrated, World-Class Public Transportation Rail Hub for New York City Milestone is Latest Step in Creating a Comprehensive Redevelopment Initiative to Revitalize the Area around Penn Station Moynihan Train Hall's On-Time and On-Budget Completion Was the First Step in Transformational Effort Draft General Project Plan and Draft Environmental Impact Statement Available Here Governor Andrew M. Cuomo today announced that Empire State Development's Board of Directors has adopted the General Project Plan and certified the draft Environmental Impact Statement for the area surrounding Penn Station, part of the Empire Station Complex, which was outlined as part of the Governor's 2020 State of the State Agenda. The draft Plan is a comprehensive redevelopment initiative that will revitalize the area around Penn Station and generate funds to help overhaul and expand the Station itself. On December 30, Governor Cuomo announced the grand opening of the Moynihan Train Hall, the first step in realizing this vision. Materials from the Board action can be found here. "New York has repeatedly proven that government can still successfully deliver transformational infrastructure projects that are not only on-time and on-budget, but withstand the test of time," Governor Cuomo said. "The Moynihan Train Hall's successful completion was a milestone, but it's only the first step in a neighborhood-wide revitalization. The Empire Station Complex project represents the next great investment in our efforts to rebuild and expand this crucial piece of our state's infrastructure and will support economic growth in New York City and across the entire state."  "As a former counsel to the late U.S. Senator Daniel Patrick Moynihan, I'm proud that the new Moynihan Train Hall is a testament to his forward-looking vision and New York's resilient spirit," Lieutenant Governor Kathy Hochul said. "Today's announcement means further revitalization around the Penn Station area and builds on our world-class experience for travelers. The brand-new Moynihan Train Hall and future Empire Station Complex is a symbol for how New York State is committed to building back better than ever before for the post-pandemic future." The Empire Station Complex General Project Plan, supported by a Draft Environmental Impact Statement, would catalyze high-density, transit-oriented redevelopment on eight sites, resulting in a modern, mixed-use district with approximately 20 million gross square feet of Class A commercial office, retail, hotel and potentially residential space in ten buildings. It would roughly double the amount of gross square footage currently permitted across the eight sites. Additionally, the plan introduces much-needed public transportation improvements, including new entrances and access ways to Penn Station and nearby public transit, and public space improvements to address open space and pedestrian, bicycle and vehicular circulation and enhancements of the surrounding streetscape. Read the full press release here.
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Press Release

Thursday, February 18, 2021 - 2:49pm
Commercial Fuel Cell Vehicle Company to Establish 78,000 Square-Foot Facility in Honeoye Falls; Will Create 100 New Jobs   Investment Complements "Finger Lakes Forward" - The Region's Comprehensive Strategy to Revitalize Communities and Grow the Economy Governor Andrew M. Cuomo today announced that fuel cell vehicle company HYZON Motors, established by Asia-based Horizon Fuel Cell Technologies, will further grow its operations in the Village of Honeoye Falls in Monroe County, creating 100 new jobs over the next three years. The next generation fuel cell heavy vehicle supplier will renovate 78,000 square-feet of existing building space on Quaker Meeting House Road where the company will manufacture next-gen fuel cells for heavy- and medium-duty commercial vehicles. HYZON Motors first established its US operations in 2020 in Honeoye Falls. The company has developed hydrogen fuel cell stacks that can provide up 150kW of power, and expect to launch fuel cell systems capable of 300kW in 2022. "New York's targeted investments in the tech and green energy industries are attracting new businesses to the state and creating more opportunities for New Yorkers," Governor Cuomo said. "HYZON Motors' decision to grow its forward-thinking business here in New York shows that our investments are working. The company's new fuel cell manufacturing facility will create 100 top-quality, high-tech manufacturing jobs, strengthening both the regional and statewide economies while also furthering our state's green energy goals." "Not only does HYZON Motors' expansion mean 100 new high-tech manufacturing jobs in Monroe County, but we are also investing in the future green economy," Lieutenant Governor Kathy Hochul said. "Through the support of Empire State Development, HYZON Motors will manufacture the next-generation of hydrogen fuel cells for heavy and medium duty commercial vehicles. New York is proud to partner with companies like HYZOM Motors that are building on our efforts to keep our state ahead of the curve, strengthen our economy, and create a cleaner and greener post-pandemic future."   Empire State Development is assisting the innovative company with its fast-track growth by providing up to $1.6 million through the Excelsior Tax Credit program. Monroe County and Greater Rochester Enterprise are also assisting with this project. Total project cost has been placed at close to $8 million. Now underway, construction on the renovated facility is expected to be completed in April. Read the full press release here.
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Press Release

Thursday, February 18, 2021 - 1:06pm
Company Will Retain Over 300 Existing Jobs and Add 85 New Full-Time Jobs Premier Aerospace and Defense Manufacturer Will Invest $5.7 Million and Remain and Grow in New York State Empire State Development (ESD) today announced that CPI Aerostructures, Inc. (CPI Aero) will expand its manufacturing operations in Suffolk County, thereby securing its stay in New York State.  CPI Aero is an aerospace and defense contractor and manufactures complex structural assemblies and aerospace systems primarily for national security markets. The company is listed on the New York Stock Exchange and has been headquartered in Suffolk County for more than 40 years. CPI Aero has committed to remaining on Long Island and has committed to investing more than $5.7 million in new equipment, upgrades and facility improvements, while retaining over 300 jobs and adding 85 new full-time positions over the next five years. In exchange for this commitment, ESD has awarded CPI Aero up to $2.7 million in Excelsior Jobs tax credits and an ESD capital grant of $1.05 million. In connection with the New York State incentive, CPI has extended the term of its current leased facility in Edgewood into 2023. After this term expires, CPI Aero is expected to either remain at its current location or relocate to a newly constructed and leased building adjacent to Islip’s MacArthur Airport.   Empire State Development Acting Commissioner and President & CEO-designate Eric Gertler said, "CPI Aero’s decision to expand its manufacturing facilities in Suffolk County, where it has been headquartered for more than 40 years, is a vote of confidence in New York State. By doing so, the company will continue to contribute to Long Island’s historic role in aerospace innovation, supported by a skilled 21st century workforce that will support its future growth and success."   Douglas McCrosson, CEO and President of CPI Aero said “Long Island has a storied history in aviation and for the past 40 years CPI Aero is proud to have played our part in this heritage. As a manufacturer, we compete on a global basis and it is essential that we maintain our competitive edge. As we explored potential alternatives to New York, it became clear that other states could potentially offer operating cost savings but they couldn’t replicate what has been the secret to our success - our talented workforce and a labor pool with the aerospace and defense manufacturing skills that will be needed to support our growth plans.  I’d like to acknowledge the efforts of the our many state and local partners that recognize the economic contributions CPI Aero makes to Long Island and New York State and who have made our decision to remain and grow in the Empire State an easy one.” Assemblymember Keith P. Brown said, "I am glad to hear that CPI Aerostructures, Inc. has chosen to expand its manufacturing operations in Suffolk County instead of relocating out of New York State. CPI Aero does great work manufacturing top-of-the-line products for both the aerospace and defense industries and has been based in Suffolk County for more than 40 years. It is always nice to see a hometown success story. As a state, we should be striving to make the decision to do business in New York State easier for more businesses like CPI Aero. I congratulate them on their success and look forward to seeing what the future has in store for them here in Suffolk County." “At a time when we are looking to rebuild, CPI Aero’s expansion will provide much needed job growth and spur high quality opportunities for our residents,” said Suffolk County Executive Steve Bellone. “Our message is Suffolk County is open for business, and I want to thank Governor Cuomo and Empire State Development for continuing to invest and create a business-friendly environment in Suffolk.” Islip Town Supervisor Angie Carpenter said, “Aerospace manufacturing is an important industry cluster here on Long Island. We are always happy to see a business make an investment, and keep these jobs here in the region, strategically located near our Town-owned airport,” Kevin S. Law, President & CEO of the Long Island Association, Inc. said, “I want to thank Governor Cuomo and ESD for ensuring CPI Aero stayed on Long Island and now intends to expand in our region because I am personally aware of efforts by other states to lure them out of New York. CPI Aero’s commitment to our region demonstrates that manufacturing companies remain an important part of our overall economy and are worthy of support from our federal, state and local governments.” 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 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 CPI Aero CPI Aero is a U.S. manufacturer of structural assemblies for fixed wing aircraft, helicopters and airborne Intelligence Surveillance and Reconnaissance and Electronic Warfare pod systems, primarily for national security markets. Within the global aerostructure supply chain, CPI Aero is either a Tier 1 supplier to aircraft OEMs or a Tier 2 subcontractor to major Tier 1 manufacturers. CPI also is a prime contractor to the U.S. Department of Defense, primarily the Air Force. In conjunction with its assembly operations, CPI Aero provides engineering, program management, supply chain management, and MRO services. CPI Aero is included in the Russell Microcap® Index Contact: Kristin Devoe (ESD) | [email protected] | (518) 414-1087 ESD Press Office | [email protected] | (800) 260-7313
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Board Meeting

Thursday, February 18, 2021 - 9:30am
Due to public health concerns and as authorized by Executive Order of the Governor, this meeting will be conducted via video conference and teleconference. The public may view and 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 pm on Wednesday, February 17, 2021.
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Report

Wednesday, February 17, 2021 - 4:07pm
Empire State Development oversees administration of the Empire State Musical and Theatrical Tax Credit Program, which is designed to encourage music and theatrical production companies to conduct pre-tour activities, technical rehearsals and to perform shows at locations in Upstate New York, home to some of the premier regional venues for musical and theatrical production. This report reflects activity during calendar year 2020. The information presented includes the number of productions that applied and projected spending and estimated credits for qualified production projects deemed eligible to participate in the Program. Musical and Theatrical Tax Credit Program: 2020
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Public Notice

Tuesday, February 16, 2021 - 5:30pm
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