Empire State Development public notices
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Press Release
Friday, November 10, 2023 - 11:07am
Empire State Development (ESD) today announced that $5 million has been awarded to eight Certified Business Incubators as part of the agency’s Division of Science, Technology and Innovation (NYSTAR). The eight awardees will each receive a five-year designation, and the awarded funding supports annual operating costs for NYSTAR programs and centers emphasize the importance of working with industry as a way to leverage New York State’s technology strengths to produce new products and services. Through this competitive process, administered by ESD, applications are received and reviewed through the Consolidated Funding Application (CFA) by both the Regional Councils and ESD. NYSTAR designates a total of 10 Innovation Hot Spots—one for each of New York's economic development regions—and 20 Certified Business Incubators over a rolling competitive process, which receive funding to reach a greater number of early-stage companies.
NYSTAR’s certified business incubators are an important tool in the toolbox for early stage companies throughout New York State to build and grow their business,” said Lieutenant Governor Antonio Delgado, Statewide Chair of the Regional Council initiative. “Growing the technology sector throughout the state will ensure that New York is well prepared for the future and the Regional Councils are proud to support the innovation economy.”
Empire State Development President, CEO and Commissioner Hope Knight said, “Supporting NYSTAR’s certified business incubators demonstrate our continued commitment to growing our technology sector on every level, from early stage and beyond, so they can be successful in New York State. By supporting NYSTAR’s incubators, we are making a huge difference in a start-up’s future.”
The Round XIII awardees are:
Certified Business Incubators - $125,000 Annually:
Capital Region – Albany College of Pharmacy & Health Services (AMPS)
Central New York – The Hub
Long Island – IdeaHub at Hofstra
Long Island – NYIT ETIC
Mohawk Valley – CADE
New York City – Staten Island Tech
Southern Tier – REV Ithaca
Southern Tier – IncubatorWorks
New York State's Certified Business Incubators offer a range of support to help get new and emerging businesses off the ground and put them on the path to success, with the goal of driving and directing growth. Incubators offer an array of business support services and resources, from finding physical workspaces and helping build capital, to initializing strategy and planning, and introducing new entrepreneurs to local businesses and networks. On average, companies can spend up to two years working alongside a business incubator, taking advantage of low-cost office space while gaining invaluable advice and expertise on best practices.
For a full list of NYSTAR’s Innovation Hot Spots and New York State Certified Business Incubators, visit https://esd.ny.gov/certified-business-incubator.
Funding for this program was included in Round XIII of the Regional Economic Development Council Initiative as part of the FY2024 Budget. The REDC process continues to support and empower regional stakeholders in developing strategic plans and funding priorities that meet local economic needs. Regional Councils reviewed projects from this program and provided scores that reflect how well a project aligns with a region’s goals and strategies. Applicants utilized the New York’s Consolidated Funding Application, the state’s single application for state resources, which includes programs for numerous agencies. It is designed to provide expedited and streamlined access to a combined pool of grant funds and tax credits from dozens of existing programs. A full list of Round XIII awards that have been made can be found here.
About the Consolidated Funding Application
The Consolidated Funding Application was created to streamline and expedite the grant application process. The CFA process marks a fundamental shift in the way state resources are allocated, ensuring less bureaucracy and greater efficiency to fulfill local economic development needs. The CFA serves as the single-entry point for access to economic development funding, ensuring applicants no longer have to slowly navigate multiple agencies and sources without any mechanism for coordination. Now, economic development projects use the CFA as a support mechanism to access multiple state funding sources through one application, making the process quicker, easier, and more productive. Learn more about the CFA here.
About the Regional Economic Development Councils
The Regional Economic Development Council initiative is a key component of the State’s approach to State investment and economic development. In 2011, 10 Regional Councils were established 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. Learn more at regionalcouncils.ny.gov.
About the Empire State Development
Empire State Development 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 the 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, visit www.regionalcouncils.ny.gov and www.esd.ny.gov.
Contact
Kristin Devoe | [email protected] | (518) 414-1087
ESD Press Office | [email protected] | (800) 260-7313
Press Release
Friday, November 10, 2023 - 9:53am
Productions Supported by the NYC Musical & Theatrical Tax Credit Provide Low- and No-Cost Tickets to Low- and Moderate-Income New Yorkers
Governor Secured Major Expansion of NYC Musical & Theatrical Production Tax Credit in FY 2024 Budget to Include Off-Broadway Productions
Governor Previously Made Transformative $450 Million Investment to Bring Back Broadway and Revitalize Tourism, Leading to Historic Visitation and Tourist Spending in New York in 2022
Governor Kathy Hochul today celebrated that more than 100,000 low- or no-cost tickets have been made available by Broadway and Off-Broadway productions participating in the NYC Musical and Theatrical Production Tax Credit. The deeply discounted tickets, which can be as little as $20, were sold to members of the community who might not otherwise have had the opportunity to experience a Broadway or Off-Broadway show. There are over 90 plays and musicals participating in the program that represent at least $1.7 billion in spending and more than 11,000 hires.
“New York is hitting a blockbuster milestone, with top Broadway and Off-Broadway productions making more than 100,000 discounted tickets available to New Yorkers,” Governor Hochul said. “Broadway is central to New York’s identity as a global hub for arts and culture, and my Administration will continue supporting this industry through the transformative New York City Musical & Theatrical Production Tax Credit.”
Empire State Development President, CEO and Commissioner Hope Knight said, “The arts in New York State, especially our Broadway and Off-Broadway productions, are one of our biggest assets, and one that every New Yorker should be able to experience. Today, we give our regards to Broadway, and the partnerships that have allowed us to reach this exciting milestone.”
Read the full press release here.
Public Notice
Thursday, November 9, 2023 - 2:00pm
View all grants to be presented at the batch virtual public hearing.
Press Release
Thursday, November 9, 2023 - 12:59pm
New Database Builds on Governor’s State of the State Commitment to Making State Government Work Better for New Yorkers
Access Database Here
Governor Kathy today launched the enhanced Database of Economic Incentives as part of her ongoing commitment to transparency and making state government work better for New Yorkers. First launched in 2021, the Database of Economic Incentives provides detailed, up-to-date data on economic development projects throughout New York State. The data is updated quarterly, published online and complements the information available on ESD's reports page. New York State’s Database of Economic Incentives is nation-leading in terms of number of programs and projects included, frequency of updates, and the number of data fields provided for each project. The updated database is available here.
“This new database of economic incentives is the latest step my administration is taking to improve transparency and restore New Yorkers’ trust in their government,” Governor Hochul said. “With a new user-friendly interface and up-to-date data on key projects, this new tool will help to shed light on economic developments initiatives throughout the state and make data more accessible to all.”
Empire State Development President, CEO and Commissioner Hope Knight said, “We are always striving for ways to improve transparency, especially around our incentive programs and these new enhancements have made the Database of Economic Incentives not only much more comprehensive, but easier to navigate. We are proud of the continued improvements being made to the database and as a result, we now have one of the largest databases of economic development projects in the nation, with 55 fields of data that presents information in a very user-friendly format.”
Read the full press release here.
Board Meeting
Thursday, November 9, 2023 - 11:00am
With Video Conferencing To:
Empire State Development - Long Island Regional Office, 115 Broadhollow Road - Suite 250, Melville, New York 11747
This meeting is open to the public.
Webcasting of the meeting is available by clicking the link below.
Due to building procedures, members of the public attending in-person at either location should please RSVP by 5:00 p.m. on Wednesday, November 8, 2023.
Members of the press should please call (800) 260-7313; Members of the public should please call (212) 803-3772.
Members of the public may submit comments on the Agenda items in writing to [email protected] by 5:00 pm on Wednesday, November 8, 2023.
All comments received by the deadline will be distributed to the Directors prior to the meeting and will be posted online.
Press Release
Tuesday, November 7, 2023 - 10:49am
Digital Equity Plan Addresses Assets and Barriers for Affordable, Accessible and Equitable Broadband Across New York State
Draft Plans are Open through December 6, 2023
Empire State Development’s ConnectALL Office seeks public comment on three draft documents that describe how New York will bridge the digital divide in the state. The State’s Proposal for the deployment of Broadband Equity, Access, and Deployment (BEAD) funding, presented in two volumes, is the roadmap for $665 million in federal funding that ConnectALL will invest in internet infrastructure over the next five years. The State Digital Equity Plan presents the findings from an unprecedented statewide assessment of the assets and barriers to the adoption and use of internet service and the strategies the ConnectALL Office will use for federal digital equity funding when that is made available to New York in 2024.
The ConnectALL Office consulted with dozens of county and municipal governments, Tribal nations, workforce development organizations, and internet service providers, and partnered with digital equity coalitions in every region of the state to conduct stakeholder engagement events, gather data, and solicit feedback to inform the State’s plans. This included over 40 stakeholder focus groups with members of historically marginalized groups, dozens of stakeholder meetings and interviews, public listening sessions in each of the state’s ten regions and in each borough of New York City, multiple issue-based forums, and the first-ever Digital Equity Survey of New York residents with representative samples from key populations and across regions.
The Initial Proposal describes how the ConnectALL Office will determine the unserved and underserved locations that will be eligible for BEAD funding and the criteria it will use to select internet service providers to reach those locations. Following the public comment period, ESD’s ConnectALL Office will finalize the documents and submit them to the National Telecommunications and Information Administration (NTIA) at the Department of Commerce, which oversees the federal funding programs. Once NTIA has approved New York’s Broadband Deployment Initial Proposal, ConnectALL will begin the grant program with awards anticipated in 2025 based on the timeline of the federal program.
The State Digital Equity Plan is a requirement to receive federal funding from NTIA under the State Digital Equity Capacity Grant Program, though the amount of funding for New York and the associated rules have not yet been announced. ConnectALL will continue its public engagement as it develops the specific implementation plans once that funding is available, which is anticipated in 2024.
The public is encouraged to read the plans and submit public comment which will be open through December 6, 2023 by visiting these links:
New York State Digital Equity Plan (Spanish language available)
New York State Broadband Deployment Initial Proposal, Volumes 1&2
For more information, please visit the ConnectALL website at https://broadband.ny.gov/
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 the 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, visit www.regionalcouncils.ny.gov and www.esd.ny.gov.
Contact:
ESD Press Office | [email protected] | (800) 260-7313
Press Release
Thursday, November 2, 2023 - 1:04pm
Fifteen Projects Across the State Will Leverage Nearly $23 Million in Public/Private Funding to Support More Than 2,000 Trainees for Over 100 Business Partners
Governor Kathy Hochul today announced the New York State Office of Strategic Workforce Development has awarded more than $12 million in grants to fifteen projects across the state through the fourth round of the Workforce Development Capital and Pay for Performance Grant Programs. These grants will support the training of more than 2,000 workers through collaboration between training providers and more than 100 employer partners in fields like construction, building maintenance, industrial manufacturing, renewable energy and software engineering. The Office, which operates under Empire State Development, is charged with supporting industry-driven workforce development programs and practices to ensure New Yorkers are prepared to meet the needs and priorities of employers.
“Developing the workforce of the future is crucial for our continued economic success,” Governor Hochul said. “This new round of strategic workforce development grants will continue our mission to help all New Yorkers acquire sought after skills employers require while providing essential wraparound services so that those who have been traditionally left behind can thrive in the workforce of the future.”
This fourth round of awards from the Office of Strategic Workforce Development brings the total investments from four rounds to more than $36 million that will leverage more than $38 million in public and private funding and support over 11,000 trainees for over 400 business partners.
The grants awarded to fifteen projects today will support employer-driven, high-skilled workforce training programs and reward innovative approaches and best practices that reduce the barriers to participation for high-need communities. The $35 million Workforce Development Capital Grant Program will support the capital needs of workforce training providers that seek to enhance or expand their offerings. The $115 million Pay for Performance (P4P) Grant Program has two funding tracks: flexible Operating Grants that help providers cover programmatic expenses like curriculum development and wraparound services to prepare New Yorkers with in-demand skills and industry-recognized credentials; and Capacity-Building Awards, a data- and metrics-driven approach to scale up proven workforce training programs actively placing graduates in good jobs. Using achievement-based awards, workforce training providers will receive funding to expand the capacity of successful programs with high placement rates and effective wraparound services.
Empire State Development President, CEO and Commissioner Hope Knight said, “We believe that investing in workforce development is the cornerstone of good economic development and that requires having people who are ready today with the skills needed for tomorrow. These grants will continue to shine the light on our continued success building high-quality, employer-driven programs that produce top notch talent which adds to the many qualities that attract industries to all corners of New York State.”
Read the full press release here.
Press Release
Thursday, November 2, 2023 - 11:31am
Second Round of Awards Will Create Jobs and Help Attract and Expand Key New York State Growth Industries
Governor Kathy Hochul today announced that nearly $90 million has been awarded for six locations under the Focused Attraction of Shovel-Ready Tracts New York grant program. First announced in February 2022, the program is designed to prepare and develop sites across the state to jumpstart New York’s shovel-readiness and increase its attractiveness to large employers and high-tech manufacturing companies. The program, administered by Empire State Development, will help diversify New York State’s economy while propelling new investments for businesses, communities, and job creation.
“Through the FAST NY grant program, New York is continuing its commitment to investing in and expanding economic growth and opportunity across the state,” Governor Hochul said. “This funding will prepare shovel-ready sites that key industries like semiconductors and renewable energy are looking for and will create good jobs and grow local economies for generations to come.”
Empire State Development President, CEO and Commissioner Hope Knight said, "New York State is taking proactive steps to ensure that we are at the top of the list when companies are starting the site selection process and Fast NY allows municipalities and IDAs to have the support they need to develop sites around specific industries such as advanced manufacturing, semiconductors, renewable energy, life science and agribusiness. Through programs like FAST NY we are ensuring New York State remains a top destination for relocation and expansion."
Read the full press release here.
Report
Wednesday, November 1, 2023 - 5:20pm
Read Regional Economic Models, Inc.'s report on the economic impact of the film industry in New York State for years 2021 & 2022:
Economic Impact of the Film Industry in New York State - 2021 & 2022
Report
Wednesday, November 1, 2023 - 5:16pm
EFPR Group was commissioned to conduct an independent review of ESD's Film Production and Post Production Tax Credit Programs, pursuant to Section 6 of Part B of Chapter 59 of the Laws of 2013. Read the 2021 & 2022 report here:
Independent Review of the Empire State Film Production and Post-Production Credit Programs – 2021 & 2022