Empire State Development public notices

Find public notices related to key New York State development projects and initiatives.

All
Public Notices
Filter Options
Close
2160

items

Press Release

Monday, November 26, 2018 - 1:44pm
Optics, Photonics, and Imaging Innovation is Centerpiece of “Finger Lakes Forward” – The Region’s Comprehensive Strategy to Revitalize Communities and Grow the Economy The New York State Photonics Board of Officers (NYS Photonics Board) met today at the American Institute for Manufacturing Integrated Photonics’ (AIM Photonics) Test, Assembly, and Packaging (TAP) Facility in Rochester, NY, located at On Semiconductor at Eastman Business Park. The state-of-the-art facility is now occupied. Staff have been operating at the newly renovated facility since August and work preparing the cleanrooms for tool deployment has been completed, with installation of the TAP facility’s advanced toolset already underway. AIM Photonics officials today also updated the board on the consortium’s recent annual membership meeting and on its customer pipeline. Currently the organization has more than 100 total members; potential customers now include companies that range from startups to those which are large and established. Some of these companies will begin working with AIM Photonics to utilize the TAP facility as soon as December 2018. AIM Photonics officials today also provided a guided tour of the innovative space to see the progress underway. New York State Photonics Board of Officers Chairman John Maggiore said, “The innovative AIM Photonics TAP Facility builds upon Rochester’s leadership in the optics, photonics, and imaging industries, which are central to the success of the locally designed Finger Lakes Forward economic development plan. The Photonics Attraction Fund will also serve to further support the economic momentum that is building regional momentum.” The Empire State Development Board of Directors recently approved $30 million in operating expenses for the consortiums’ continuing operating budget for years three through five. The funding had been previously approved by the NYS Photonics Board of Directors in March of 2018, bringing the total approved New York State funding for the project to $247 million of the committed $250 million, which also includes funding for the $30 million Photonics Attraction Fund as outlined by Governor Cuomo in January of 2018. The fund is being administered by the Finger Lakes Regional Economic Development Council and is aimed at attracting integrated photonics companies to set up manufacturing operations in the greater Rochester area. Thanks to the world-renowned AIM Photonics consortium, the Finger Lakes is already a leader in photonics research and development, and this additional State funding will help leverage this unique asset to bring the businesses and the jobs of tomorrow to New York State. Find out more about the Photonics Attraction Fund at a newly created website located at https://esd.ny.gov/photonics-attraction-fund. The budget for the overall AIM Photonics initiative includes federal government award of $110 million, with the State of New York and other parties, including private sector companies, providing additional funds. Overall, the capital budget also includes $15 million for education and workforce development efforts, as well as research and development initiatives conducted in conjunction with the University of Rochester and the Rochester Institute of Technology. First announced by Vice President Joe Biden and Governor Cuomo in July 2015, AIM Photonics will help secure the nation and region’s leadership in emerging technology research, development, and manufacturing.  Optics, photonics, and imaging is one of the three industry clusters that are identified as industries that are key to enabling "Finger Lakes Forward,” the region’s successful Upstate Revitalization Initiative plan, a comprehensive strategy to grow the economy. One of 14 Manufacturing Innovation Institutes, with three of the fourteen institutes headquartered in New York State, AIM Photonics is an industry-driven public-private partnership that focuses the nation’s premiere capabilities and expertise to capture critical global manufacturing leadership in technologies that are both essential to national security and positioned to provide a compelling return-on-investment to the U.S. economy. For more information about AIM Photonics, visit http://www.aimphotonics.com/jobs/. About the New York State Photonics Board of Officers The New York State Photonics Board of Officers coordinates New York State’s significant financial investments with AIM. The board of officers consists of seven members who represent a wide array of business, programmatic, and technical expertise. The Governor of New York State appoints the Chairman and two additional members; SUNY Polytechnic Institute appoints two members; and the Rochester Institute of Technology and University of Rochester each appoint one member. The Photonics Institute Board of Officers is comprised of: John Maggiore, Chair, Governor appointee; Anne Kress, Governor appointee; Bob Megna, Governor appointee; Bahgat Sammakia, SUNY Poly appointee; Jeff Cheek, SUNY Poly appointee; Ryne Raffaele, Rochester Institute of Technology appointee; and Rob Clark, University of Rochester appointee. 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 $6.1 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. ​     Contact: Shari Voorhees-Vincent (ESD) | Shari.Voorhees-Vincent@esd.ny.gov | (585) 399-7055 ESD Press Office | PressOffice@esd.ny.gov | (800) 260-7313    
learn more
Board Meeting

Monday, November 26, 2018 - 11:00am
learn more
Press Release

Wednesday, November 21, 2018 - 1:44pm
Watch the Department of Labor’s Small Business Saturday Video Here Empire State Development and the New York State Departments of Labor, Taxation and Finance, and Agriculture and Markets today encouraged all New Yorkers to support their local small businesses on Small Business Saturday, which falls this year on November 24. By choosing to shop locally Saturday, and every day, New Yorkers are investing in their neighborhoods, strengthening their communities, and keeping tax dollars within the Empire State. Empire State Development President, CEO and Commissioner Howard Zemsky said, “As the busy holiday season begins, there is no better time to get out and support the thousands of small businesses that make up the fabric of New York State’s economy. By patronizing local small businesses in your community this Saturday, and every day, you are supporting your friends and neighbors as well as strengthening the economy of New York State.” State Labor Commissioner Roberta Reardon said, “Small businesses have helped fuel New York State’s resurgent economic engine and are a huge part of all our communities. Let’s get out and support these local small businesses this November 24 – and every day – to ensure they remain a part of the unique, vibrant and rich tapestry of our neighborhoods.” Department of Taxation and Finance Acting Commissioner Nonie Manion said, “Small businesses play an integral role in the vitality of our cities and towns. Celebrating Small Business Saturday by shopping local is an excellent way to support growth in our communities. It’s also critical that we make it possible for small businesses to flourish, which is why the Tax Department takes proactive measures to increase voluntary compliance among business owners. This effort improves our efficiency and allows small business owners to focus on what they do best.” State Agriculture and Markets Commissioner Richard A. Ball said, “New York’s farms and food and beverage businesses are a major part of the State’s small business community.  Together, they produce a wide array of top-notch goods grown and made right here at home.  We proudly support our small agri-businesses and encourage New Yorkers to buy local on Small Business Saturday.” Small Business Saturday celebrates the entrepreneurial spirit of small business owners and invites shoppers to visit local stores at the beginning of the busy holiday shopping season. The small business sector is a major contributor to the foundation of New York’s economy, accounting for 98 percent of all businesses in the state and employing nearly 40 percent of New York’s private sector workforce. Today, New York State has more than 530,000 small business proprietors, employing more than 3 million people. NYS Support for Small Business Whether a business is starting up or looking to expand, Empire State Development (ESD) and its Small Business Division can provide assistance through an array of programs and initiatives designed to support small business growth and help entrepreneurs maximize their opportunities for success. ESD offers loans, financing, tax credits and incentives to qualifying businesses at all stages, including those designated as Minority and Women-owned Business Enterprises (MWBEs). For more information, visit ESD’s website at www.esd.ny.gov or https://esd.ny.gov/doing-business-ny/small-business-hub. The New York State Department of Labor offers a multitude of free services for businesses of all sizes, including job postings on Governor Cuomo’s Jobs Express website, access to thousands of qualified candidates in our talent pool, career fairs and customized recruitments, and even Human Resources consultation services. These services are available to help businesses list their jobs, find the right candidates, access hiring and training incentives, obtain business tax credits and incentives, access HR service and technical assistance, and find layoff aversion resources. For more information, visit: https://www.labor.ny.gov/businessservices/landing.shtm. Small businesses are able to work directly with the Tax Department at their convenience 24 hours per day, seven days per week. A dedicated section of the Tax Department website, www.tax.ny.gov, allows business owners to seamlessly navigate their online services. This application provides access to a variety of resources and programs, including information about important tax credits and incentives. Business owners can also make payments online through Online Services as well as response to notices and much more. The New York State Department of Agriculture and Markets supports New York’s nearly 36,000 farms, 700 farmers markets and thousands of small agribusinesses across the State through its various programs. The NYS Grown & Certified program markets local growers and producers participating in safe food handling and environmental sustainability programs, helping them better compete in the marketplace. The Taste NY program showcases New York food and beverage businesses at large public events, and at Taste NY stores, the State’s Welcome Centers, displays and concessions at more than 70 locations across New York. In addition, the Department’s Divisions assist small agri-businesses and farmers by providing a variety of support services that enhance their business, increasing productivity, profitability and competitiveness.   Contacts: ESD Press Office | pressoffice@esd.ny.gov | (800) 260-7313 Labor Press Office | nysdol@labor.ny.gov | (518) 457-5519
learn more
Press Release

Tuesday, November 20, 2018 - 12:00pm
Empire State Development (ESD) today announced that L3 Link Training & Simulation is moving its operations to a facility on Industrial Park Drive near its existing facility in the Town of Kirkwood, Broome County. The company, which is a global leader in aviation training and simulation and intelligence, surveillance and reconnaissance (ISR) other communications and electronic systems, plans to add to an existing structure and will occupy a total of 105,000 square-feet of space on site. L3 expects to move all 120 employees to the new location and will create at least 13 new jobs. The company plans to be operating at the new facility in the first quarter of 2019, with the entire project set for completion by August. Supporting successful, innovative companies is central to the regionally designed Southern Tier soaring economic development plan.  Empire State Development President, CEO & Commissioner Howard Zemsky said, “Global tech leaders such as L3 Link Training & Simulation are choosing to expand in the Southern Tier thanks to the talent pipeline and support from strategic investments that are building a regional ecosystem for job growth and success.” L3 is an agile innovator and leading provider of global ISR, communications and networked systems, and electronic systems for military, homeland security and commercial aviation customers. With headquarters in New York City and approximately 31,000 employees worldwide, L3 develops advanced defense technologies and commercial solutions in pilot training, aviation security, night vision and EO/IR, weapons, maritime systems and space. The company reported 2017 sales of $9.6 billion. “Moving to this new facility reinforces our position as a leader in aviation training and simulation and will help us continue to make valuable contributions to both the Binghamton economy and military training,” said Lenny Genna, President of L3 Link Training & Simulation, a division of L3 Technologies. “An important part of L3’s heritage began in Binghamton nearly a century ago with pilot training pioneer Ed Link. We look forward to continuing to operate here with the strong support the local and state legislators and development leaders who helped make this move possible.” In order to ensure that L3 Link Training & Simulation remained in New York State, ESD is providing up to $1.5 million through a Regional Council Capital Fund Grant and through the Excelsior Jobs Program in exchange for job creation commitments.  The Agency will also provide incentives for the project. The total project cost is placed at $9.46 million. Southern Tier Regional Economic Development Council Co-Chairs Tom Tranter, President of Corning Enterprises and Harvey Stenger, President of Binghamton University said, "L3 Link Training & Simulation continued growth further builds on the economic momentum we have worked so hard to create by further positioning our region as a global leader in high-tech industries. We wholeheartedly congratulate this innovative company on its further expansion in the region as it continues to provide high-quality jobs and careers for the men and women in the community, ensuring that the Southern Tier continues to soar.” State Assemblywoman Donna Lupardo said, “L3 Link Training & Simulation has been a leader in our region’s high-tech industry for the better part of a century; investing in homegrown businesses such as Link is key to local job growth. This is the latest example of the success of our region’s collaborative approach to rebuilding our economy. I appreciate Link’s commitment to our community and the State’s ongoing effort to support local industry.” State Assemblyman Clifford Crouch said, “I am thrilled to see L3 Link Training and Simulation move to a new modern facility. L3 Link Training and Simulation is one of the top aviation training, simulation and intelligence companies in the world. It has a long and rich history in the Southern Tier, and I am excited to see it continue to invest in our region, ensuring good jobs and opportunities stay here.” Broome County Executive Jason Garnar said, "Broome County congratulates L3 Link Training & Simulation on its expansion and new facility in Kirkwood. This is great news for our entire region! The company is a leader in the global tech industry and we are thankful for their investment in creating new jobs, spurring economic opportunity and their continued commitment to calling Broome County their home." For more information about L3 Link Training & Simulation, click here. Accelerating Southern Tier Soaring  Today's announcement complements “Southern Tier Soaring the region’s comprehensive blueprint to generate robust economic growth and community development. The State has already invested more than $6.2 billion in the region since 2012 to lay for groundwork for the plan – attracting a talented workforce, growing business and driving innovation. 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 Binghamton, Johnson City and Corning as a destination in which to grow and invest. Now, the region is accelerating Southern Tier Soaring 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 10,200 new jobs. More information is available here.   Contact: Shari Voorhees-Vincent | Shari.Voorhees-Vincent@esd.ny.gov | (585)399-7055 ESD Press Office | PressOffice@esd.ny.gov | (800) 260-7313
learn more
Press Release

Tuesday, November 20, 2018 - 11:58am
Visit www.canalsidebuffalo.com for complete schedule of events See photo of The Ice at Canalside here Erie Canal Harbor Development Corporation (ECHDC) will open The Ice at Canalside presented by BlueCross Blue Shield of Western New York, the official health plan of Canalside, on Friday, November 23 at 10 a.m. This year Ice Bumper Cars have been added to the fun ice activities, along with skating, curling, ice bikes and more. “Every Western New Yorker’s holiday plans should include a visit to the Ice at Canalside,” said Erie Canal Harbor Development Corporation Chairman Robert Gioia.  “Skaters and rink side visitors can enjoy the festive atmosphere, the warm Winter Lodge and a wide variety of food and beverage choices. We encourage families to come make some holiday memories at Canalside.” The Ice, created under the leadership of Governor Andrew M. Cuomo, provides visitors with a skating surface that is bigger than two NHL rinks, with three unique bridges, and more than 20,000 square feet of pedestrian towpaths.  With several construction projects underway, Be Our Guest, Ltd wants to remind visitors that the Honda Winter Pavilion, located directly next to the ice, is the main entrance point to the skate rentals and admission.  It provides a warm, covered area that speeds up the process of admission, renting skates, safety waivers and storing personal belongings in lockers. The Ice at Canalside also features a new ice layout with curling, presented by Chiampou Travis Besaw and Kershner LLP (CTBK), relocating back to the side of Explore & More where it has been in years past.  The new layout allows the new Ice Bumper Cars to have a designated space underneath the bridge. The public skating surface, presented by BlueCross BlueShield of Western New York, has been reduced slightly due to the new activities.  The Food & Beverage kiosk will serve as the main food and beverage area featuring a new menu focusing on hot winter treats, including homemade soup, hot pretzels, La Nova pizza, and McCullagh coffee and hot chocolate. Visitors will be able to enjoy their food and beverages while over-looking the ice.  “We are always looking for the next big trend and we feel we’ve hit a homerun with the new Ice Bumper Cars,” said Canalside Management Group President Jon Dandes. “We strive to enhance the guest experience, provide outstanding customer service, and ensure that the Ice at Canalside offers something for everyone.” Be Our Guest, Ltd is excited to welcome back the presenting sponsor of The Ice at Canalside, BlueCross BlueShield of Western New York, as well returning partners: Try-It Distributing, CocaCola, Freed Maxick CPAs, P.C., MP Caroll Hardwood, Erie County Medical Center, Kaleida Health, Greater Buffalo Area Honda Dealers, Wegmans, and Ace Flag Company. Chiampou Travis Besaw and Kershner LLP (CTBK) is returning as the presenting sponsor of curling. Other new partners include McCullagh Coffee, Trocaire College, Rich Products Corporation, and Five Star Bank. “BlueCross BlueShield is excited to kick off our fifth season as the official health plan of Canalside,” said Julie R. Snyder, Vice President, Corporate Relations, BlueCross BlueShield of Western New York.  “This season there will be a variety of themed skating sessions and healthy winter activities every day, for every age group to join in and get healthy.”   The season kicks off with the Canalside Holiday Celebration and Tree Lighting on Friday, November 30.  The Ice at Canalside will open at 3 p.m., and festivities will start at 5:30 p.m. with the Tree Lighting at 6:30 p.m.  Activities will include live music, carolers, Santa visit, free children’s activities, an on-ice figure skating performance and more! More information on the schedule of events, parking and updates can be found at http://www.canalsidebuffalo.com.  Visitors can take the NFTA Metro Rail to the Erie Canal Harbor Station stop; parking is available in adjacent parking ramps and lots. Hours of Operation: 3 to 7 p.m.: Wednesday/Thursday 3 to 10 p.m.: Friday 10 a.m. to 10 p.m.: Saturday 10 a.m. to 8 p.m.: Sunday **Please note: Hours may change during school breaks and on holidays, as well as during inclement weather.  Visit Canalside’s website or facebook, Instagram, and twitter accounts for the most up-to-date hours.** Rates: Ice Admission, Adult (13+) - $6.00 Ice Admission, Child (6-12), Military - $4.00 BCBS Ice Admission - $5.00 Skate Rental - $4.00 BCBS Skate Rental - $3.00 Season Pass, Single - $59.00* Season Pass, Family of 4 - $139.00* Curling - $10 per person weekdays, $15 per person weekends and holidays Ice Bumper Cars - $7.00 for 7 minutes Locker Rental - $1.00 Interested curling parties can reserve sheet time at http://www.canalsidebuffalo.com.  About Canalside Canalside is a growing regional destination and entertainment district, situated on 21 historic acres along downtown Buffalo’s emerging waterfront on the Buffalo River. Canalside earns its name from its storied past, when the Erie Canal Harbor was built in 1825 as the western terminus of the Erie Canal. Until five years ago, the land was barren and inaccessible, but the area has been reclaimed by the state’s Erie Canal Harbor Development Corporation and developed with millions of dollars in public and private investment. With more than 1,000 yearly events and nearly 1 million annual visitors, Canalside is fast becoming the go-to place for in- and out-of-towners of all ages to learn, play and relax.   Contact: Pamm Lent (Governor’s Office) | pamm.lent@esd.ny.gov | (716) 846-8309 | (800) 260-7313 Erin Marra (Canalside Management Group) | (716) 807-8090
learn more
Press Release

Tuesday, November 20, 2018 - 9:05am
Erie Canal Harbor Development Corporation (ECHDC) held its second open house today for the Outer Harbor Access and Activation Project.  ECHDC presented three options for First Buffalo River Marina, Wilkeson Pointe to the Bell Slip, and Terminal B.  Attendees had an opportunity to comment on the options, provide feedback, and respond to a survey.  The projects, funded by Governor Andrew M. Cuomo’s Buffalo Billion II, will enhance access and facilitate greater public use and enjoyment of Buffalo’s Outer Harbor.                                                                                          “We want the voices of Buffalo and Western New York to be heard as we make plans for our Outer Harbor,” said ECHDC Chairman Robert Gioia. “The options presented today build upon and complement recent state investments in Buffalo Harbor State Park and the Queen City Bike Ferry, as well as the cycling and pedestrian trails, overlooks and Great Lawn now under construction on the Outer Harbor.  Please tell us what options you prefer on the Outer Harbor, from active to passive recreational uses, and the project plans will be finalized in the spring.” Click here for a map of areas that will see improvements.  For those who were not able to attend the open house at the Lexus Club inside the KeyBank Center, an online version of the survey is available here.  The three project areas being discussed make up nearly all of ECHDC’s property on the Outer Harbor.  The project areas include: Northern Site: First Buffalo River Marina 15 acres Enhance public access Maintain 115-slip marina Enhance Queen City Bike Ferry access Identify potential adaptive reuses of the Connecting Terminal grain elevator Consider long term development potential Central Site: Wilkeson Pointe to Bell Slip Nearly 150 acres Includes Michigan Pier and Wilkeson Pointe Includes Slips 2 and 3 and Bell Slip Consider improvements that will enhance access and visitor experience Discuss natural community habitats Southern Site: Terminal B 15 acres Approximately 96,000 square foot one story building Program study for metal frame building Identify uses most appropriate for the site Proximate to exterior events lawn, currently under construction These three projects area being planned, programmed and studied together so there is a comprehensive and coordinated capital plan at the end of the process.  Three options will be presented for each of the three project areas.  Each option presents a varying level of intensity and/or location of the elements.  For example, highlighting industrial heritage opportunities could include grain elevator interpretive stations, to Terminal B reuse schemes to a rooftop restaurant.  Adding more access to the water could include adding fishing platforms, kayak and windsurfing amenities or landside beaches and pools.  The first of three public meetings took place Wednesday, July 11.  At that time, the public was invited to respond to a survey and provide feedback that informed the results that were presented today.  A third open house will be scheduled for February 2019.  ECHDC will present its preferred option and implementation projects at that time and then those projects will be recommended to the ECHDC Board of Directors. Under Governor Cuomo’s leadership, New York State is making a historic commitment to improving and expanding access to outdoor recreation.  In 2013, almost 400 acres of land on the Outer Harbor was transferred from the Niagara Frontier Transportation Authority (NFTA) to New York State.  As part of that transfer, Buffalo Harbor State Park was designated as the 180th State Park in New York’s system and the first in the City of Buffalo.  Buffalo Billion I committed $10 million for improvements to transform Buffalo Harbor State Park into a new visitor destination that continues the revitalization of the city’s waterfront.  Buffalo Billion I also committed $5 million for a project, now under construction, that will enhance access and facilitate greater public use/enjoyment of 20-acres at the southern end of the Outer Harbor.  The project includes a completed multi-use Greenbelt Trail, including pedestrian and bicycle amenities; two overlook locations; an urban bike park with skills features and off-road trails; an events lawn for passive and active recreational purposes; and three habitat restoration areas.  That project is slated to be completed by May 2019.  Buffalo Billion II commits $15 million for the three projects on the Outer Harbor now in planning.  “We’ve seen great progress in recent years creating a series of parks and public destinations along the Outer Harbor,” said Congressman Brian Higgins.  “This public input provides valuable feedback as we work to continue the momentum creating the waterfront Western New York deserves.” “Our Outer Harbor has become a true waterfront asset, and it’s only getting better, so I’m pleased the long-term planning process includes public input, to ensure future development reflects the needs and desires of those who use it,” Mayor Byron W. Brown said. “The existing active and passive recreational venues are attracting an increasing number of visitors to our beautiful urban waterfront, and we need to build on that success through thoughtful planning that reaches our entire community.” "Public participation has been critical to the tremendous success we have experienced with the redevelopment and revitalization of our region's waterfront, and the same will be true as we turn our attention to the Outer Harbor " said State Senator Chris Jacobs.  "I want to thank everyone attending today's open house on the planned improvements for First River Buffalo Marina, Wilkeson Point to the Bell Slip and Terminal B, and I encourage all interested parties to take advantage of the online survey so their voices can be heard on the future of the Outer Harbor." "As efforts to enhance accessibility and experiences at Buffalo's Outer Harbor continue, it is critical that the public's feedback is incorporated into these projects," said Senator Tim Kennedy. "Monday's open house was designed to be an opportunity for community engagement, and I encourage anyone who was unable to attend to share their thoughts through the online survey."    Over the past decade the Outer Harbor has transformed into one of our region's greatest assets," said Assemblyman Sean Ryan.  "The projects proposed by ECHDC mark the next step in turning the Outer Harbor into an even better destination for residents and visitors to enjoy our waterfront.  The community is a key stakeholder in the development of our waterfront, and I applaud ECHDC for holding community meetings that allow everyone to participate in the waterfront development process."   Contact: Pamm Lent (Governor’s Office) | pamm.lent@esd.ny.gov | (716) 846-8309 | (800) 260-7313 Laura Magee (ECHDC) | laura.magee@esd.ny.gov | (716) 846-8239 | (800) 260-7313  
learn more
Report

Friday, November 16, 2018 - 4:43pm
Empire State Development oversees administration of the film production and postproduction tax credits. These reports reflect program activity during the first, second, third and fourth quarters of 2018. The information presented includes projected spending, hires, and estimated credits for film and post-production projects deemed eligible to participate in the program, and, pursuant to new reporting requirements, actual spending, hires and credits issued to projects that have been completed and audited. 03/31/2018: Film Tax Credit - Quarterly Report, Calendar Year 2018: 1st Quarter 06/30/2018: Film Tax Credit - Quarterly Report, Calendar Year 2018: 2nd Quarter
learn more
Press Release

Thursday, November 15, 2018 - 3:05pm
Applied Materials to Make $600 Million Private Investment and Partner with New York State to Provide Capital to Promising Startups and Early-Stage Companies Across Upstate Empire State Development (ESD) and the State University of New York (SUNY) today announced that Applied Materials, Inc., will partner with New York State to establish the Materials Engineering Technology Accelerator (META Center) on the SUNY Polytechnic Institute campus in Albany. ESD will provide a five-year, $250 million capital grant for the SUNY Research Foundation to purchase and install tools in an advanced research and development facility that will further position the Capital Region to be a global materials engineering research hub. Applied Materials, a leader in materials engineering, has formed an agreement with New York State to establish a major public-private partnership based around research using the State’s infrastructure and equipment. Applied Materials will pay more than $100 million in leases to develop the facility, part of their $600 million investment in the campus. Additional high-tech partners are also expected to locate at the META Center. "The new Materials Engineering Technology Accelerator in Albany will advance high-tech research as part of a public-private partnership with SUNY," said Lieutenant Governor Kathy Hochul. "Applied Materials’ agreement with New York State will establish a hub to advance research and development and support start-up companies across upstate New York. The META Center will continue to grow the Capital Region’s technology industry, creating jobs and boosting the economy." "This partnership will foster innovation through public-private collaboration and help to attract the next generation of advanced manufacturing professionals to the Capital Region and New York State," ESD President, CEO & Commissioner Howard Zemsky said. "By investing in research and development and our high-tech infrastructure, we are investing in the future of New York while strengthening the foundation to make way for new jobs and economic opportunities." "One central theme of my chancellorship is to double our innovation and entrepreneurship – which means we also want to grow our research enterprise – especially in areas of advanced materials where we are world class," SUNY Chancellor Kristina Johnson said. "We are proud to be working with Empire State Development and Applied Materials. While our collaboration will be based at the SUNY Poly Albany campus, the research opportunities will be open to students and researchers across SUNY campuses." As a feature of the new strategic alliance between SUNY and Applied Materials, researchers across the SUNY system will be invited to submit proposals for joint research and development activities with Applied. SUNY’s research investments of up to $25 million will be matched by Applied for up to $50 million in total research funding. The new partnership will also result in internships and research opportunities for SUNY students that are available at no other institute of higher education. Gary Dickerson, President and CEO of Applied Materials, said, "The META Center creates a world-class innovation platform to support new types of collaboration across the technology ecosystem and will accelerate innovation from materials to systems. We’re excited about building these capabilities in New York and we thank our partners for sharing our vision of the future." Also, Applied Ventures, the venture capital arm of Applied, and its partners will co-invest $20 million in venture capital for early-stage businesses across Upstate New York, with ESD providing an additional $10 million for a total of $30 million to foster new technology and create high-tech jobs. Under the terms of the public-private partnership agreement, New York State will invest $250 million to purchase and install tools and equipment at the SUNY campus. Applied Materials will invest $600 million over the first seven years, with much of the investment directly supporting the campus facilities in exchange for Applied Materials' use of the clean rooms and equipment. The addition of Applied Materials further solidifies the Capital Region’s status as Upstate New York’s "Tech Valley" and ensures the SUNY system will remain at the forefront of cutting-edge research, development and innovation in high-tech industries. Applied is one of the leading semiconductor and display equipment companies in the world, with its materials engineering solutions used to produce virtually every new chip and advanced display around the globe. The new partnership between New York State and Applied will be the inaugural project for the recently-announced New York Center for Research, Economic Advancement, Technology Engineering and Science (NY CREATES). NY CREATES represents a new partnership between ESD and SUNY to lead industry-oriented R&D and economic development projects that grow the state’s high-tech economy. In addition to advancing new projects with an expanded roster of industry and university partners, NY CREATES will streamline the management of SUNY Poly’s former economic development portfolio while continuing to ensure that State supported high-tech projects will operate more effectively and with transparency, integrity and accountability. Dr. Douglas Grose, Future President of NY CREATES, said, "By establishing this new research partnership with Applied Materials, we are bringing another global industry leader to SUNY Poly’s Albany campus – which is already a world-renowned center for research and development of advanced technologies. This initiative is a strong building block for the future and will further cement the Capital Region’s status as a leading hub for innovation and next-generation technology." Under the agreement, Applied Materials will lease more than 24,000 square feet of cleanroom, office, and lab space at SUNY Poly to establish the META Center. Scheduled to open in 2019, the META Center will be a world-class hub for materials engineering R&D, prototyping, and pilot projects for Applied’s existing semiconductor customers as well as new high-tech customers in the fields of Artificial Intelligence (AI), Augmented and Virtual Reality (AR/VR), advanced optics, big data, life sciences, and autonomous vehicles, among others. SUNY Polytechnic Institute Interim President Grace Wang said, "As a powerful magnet for collaborative research, development and technology commercialization initiatives, SUNY Poly is proud to embark on this partnership with Applied Materials and New York State to drive the frontiers of research and catalyze advances in next-generation materials and devices. We are thrilled to continue to work closely with Applied Materials and our other on-site industry partners to play a critical role in the success of New York State’s high-tech ecosystem." Om Nalamasu, Senior Vice President and Chief Technology Officer of Applied Materials, and President of Applied Ventures, said, "We are excited to expand our materials engineering capabilities in the New York innovation ecosystem with the potential for further academic partnerships. Applied Materials has over 100 academic partnerships worldwide and we look forward to furthering our relationship with New York academic institutions." Senator Neil D. Breslin said, "These major public-private partnerships that continue to come to Albany prove that the Capital District is a region to invest in. The high-tech, good paying jobs that this partnership brings in will continue to encourage the best and brightest to make their home in the Capital Region." Assembly Member Patricia Fahy said, "By bringing Applied to SUNY Poly and the Capital Region, we are investing in the future of our students, our workforce and our community, while better positioning our region to compete amid the ever-changing technological advancements across the world. I look forward to seeing the opportunities that will develop as a result of this collaboration. I thank Governor Cuomo for his ongoing commitment to grow the tech workforce in Upstate New York." Assembly Member John T. McDonald III said, "By providing a strong foundation for research and development, this partnership will enhance the Capital Region’s economic competitiveness, spur new innovations in emerging technology, and advance our commitment to growing jobs across New York State." Albany County Executive Daniel P. McCoy said, "Over the years, the Capital Region has become a leader in research and development and nanoscale science and technology, and having SUNY Polytechnic Institute right here in Albany County has always been a great source of pride. This exciting partnership will create hundreds of good paying jobs for our residents and is an acknowledgment of how far we have come and how far we still have to go as we continue to invest in technology of the future." Albany Mayor Kathy Sheehan said, "Albany is proud to be home to one of the country’s truly great research and development institutions at SUNY Poly, and we are thrilled to welcome Applied Materials to the Capital City. This significant investment by the state demonstrates Governor Cuomo’s commitment to ensuring that New York’s 'Tech Valley' will continue its proud tradition of leading the way on innovation for years to come." Andrew S. Kennedy, President and CEO of the Center for Economic Growth, said, "We applaud Applied Materials’ commitment to partnering with New York State and SUNY Poly to create this new materials engineering research center in New York’s Capital Region. This investment sends a clear message that New York State is still leading the way in pioneering new technologies for the advanced electronics industry. Furthermore, the Capital Region looks forward to working with Applied Materials on identifying and developing the next leading-edge technologies through the new co-investment initiative." For nearly two decades, New York State research facilities have been at the center of significant technological advancements and breakthroughs, from developing the machinery and equipment for next-generation wafers to inventing some of the smallest and most advanced computer chips in the world. By hosting industry-leading public-private consortiums, the region’s transformation to "Tech Valley" – a global hub for nanotechnology, semiconductor R&D and manufacturing, and industry leading public-private consortiums – has generated billions in economic activity and tens of thousands of jobs throughout the Capital Region.     Contact: ESD Press Office | PressOffice@esd.ny.gov | (800) 260-7313 Holly Liapis (SUNY) | Holly.Liapis@suny.edu | (518) 320-1311 Steve Ference (SUNY Poly) | sference@sunypoly.edu | (518) 956-7319
learn more
Board Meeting

Thursday, November 15, 2018 - 9:30am
with videoconferencing to: Empire State Development – Albany Office  625 Broadway – Room 824 Albany, NY 12245
learn more
Board Meeting

Thursday, November 15, 2018 - 9:00am
with videoconferencing to: Empire State Development – NYC Office   633 Third Avenue – 37th Floor Conference Room  New York, New York 10017  
learn more

Pages