Empire State Development public notices

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Report

Friday, September 27, 2019 - 6:02pm
The Annual Program Report details the status of proposals for assistance from ESD's financial assistance programs. This year's report covers activity during the period from April 1, 2018, through March 31, 2019.  Empire State Development Annual Program Report Fiscal Year 2018-2019 
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Report

Friday, September 27, 2019 - 6:00pm
As required by statute, these reports contain the status of economic development programs administered by Empire State Development. Funding for the projects listed herein was approved by ESD during Fiscal Year 2019-20. Quarterly Status Report - First Quarter of Fiscal Year 2019-2020 Quarterly Status Report - Second Quarter of Fiscal Year 2019-2020
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Press Release

Friday, September 27, 2019 - 4:16pm
This Year's Theme — "Leading the Nation" — Highlights New York's Strong Record Supporting MWBEs Panel Discussions will Outline Contracting Opportunities and Assistance Accessing Capital MWBEs Can Meet One-on-One with Prime Contractors and State Procurement Officials Governor Andrew M. Cuomo today announced New York State's Ninth Annual Minority and Women-Owned Business Enterprise Forum will be held October 2nd and 3rd at the Empire State Plaza Convention Center in Albany. The forum is New York State's largest annual business event for minority and women-owned business enterprises, bringing together business owners, community leaders, state officials and contractors' representatives to discuss state contracting opportunities and learn about resources available to MWBEs. The event furthers Governor Cuomo's efforts to create a level playing field for minority- and women-owned firms and increase their participation in New York State contracting. "Minority and women-owned businesses deserve an equal chance competing for state contracts and we are proud that New York leads the nation in efforts to level the playing field for these firms," Governor Cuomo said. "These businesses bring innovation and talent to the table, and their bids on state contracts make New York State more competitive, efficient and successful. That's why this work is so important — and why we will continue to support MWBEs across New York State through efforts like our annual forum." This year's theme is "Leading the Nation," highlighting New York's strong record of creating opportunities for minority and women-owned businesses and outlines how the efforts will continue. Now in its ninth year, the forum is designed to explain the process of conducting business with the State and to serve as a "one-stop shop" that summarizes technical assistance for MWBEs and connects MWBEs directly with state procurement officials and prime contractors. "As someone who helped start a family woman-owned small business, I know firsthand the barriers faced by aspiring entrepreneurs," Lieutenant Governor Kathy Hochul said. "We must do everything in our power to provide equal opportunities for minority and women-owned businesses. We have reauthorized and expanded our MWBE program to help break down barriers and help entrepreneurs take their businesses to the next level. New York is proud to host the largest MWBE conference in the country to encourage and promote these diverse businesses and expand contract opportunities across the state." Read the full press release here. 
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Press Release

Thursday, September 26, 2019 - 2:03pm
Cybersecurity and Risk Management Consulting Company Opens First Office in New York State at Culver Road Armory State Investment Complements "Finger Lakes Forward" – The Region’s Comprehensive Strategy to Revitalize Communities and Grow the Economy Empire State Development (ESD) today announced that cybersecurity and risk management consulting company Security Risk Advisors (SRA) has officially opened its first office in New York state in the City of Rochester at the Culver Road Armory. ESD has offered up to $900,000 through the Excelsior Jobs program to aid the successful company with its move to Rochester. Because of the support from New York State, the company committed to creating up to 67 new jobs in the region over the next five years. The company selected the Finger Lakes region citing the proximity to top colleges, students and to industry leading companies, in addition to the available quality of life.  Monroe County, the City of Rochester and Greater Rochester Enterprise are also assisting with the project. ESD Acting Commissioner and President & CEO-Designate Eric Gertler said, "By choosing Rochester as the site of its first New York State office, Security Risk Advisors has recognized the Finger Lakes region as a growing high-tech hub for the cybersecurity industry, with a highly skilled talent pool that is drawing cutting-edge companies here to create 21st century jobs." Founded in 2010, Security Risk Advisors, headquartered in Philadelphia, began by using a virtual office model. In 2017, their strategy to grow by mentoring a larger number of University hires led to the decision to open their headquarters in Philadelphia.  Security Risk Advisors decided to open its first New York State location in the City of Rochester due to the large, local talent pool available via the Finger Lakes regions’ 19 renowned colleges and universities. Security Risk Advisors Managing Director Tim Wainwright said, "At Security Risk Advisors, we pride ourselves on growing the next generation of cybersecurity professionals, contributing to industry-wide thought leadership and providing forward thinking advice to our clients.  Establishing an office in Rochester allows us to build on those goals. The technology talent produced in Western New York makes it easy to hire and keep local talent in the region. We are committed to training these young teammates into industry leaders and world class consultants. The help of the State of New York, Empire State Development, Greater Rochester Enterprise, Monroe County and the City of Rochester in opening our Rochester office, has made us feel right at home and we look forward to investing in the Finger Lakes region as these organizations have invested in us." Security Risk Advisors provides cybersecurity expertise to its clients with a focus on the Fortune and Global 1000. Their services include ethical hacking, risk assessments, compliance, engineering, and managed detection and response. The forward-thinking company contributes to industry thought leadership by developing free software, mentoring students and sponsoring cyber competitions and women-in-cyber conferences. Senator Rich Funke said, "In a world that is increasingly dependent on technology, the ability of a business to be able to secure people’s personal information is vital. Rochester is fast becoming a destination for the cybersecurity sector and this commitment by Security Risk Advisors is just the latest example. As we look for more ways to keep young people from leaving our area and grow, our communities’ good paying jobs in growing sectors like this are essential. I welcome Security Risk Advisors to the Finger Lakes and I look forward to helping them grow and prosper." Assembly Member Harry Bronson said, "I applaud Managing Director Tim Wainwright and the team Security Risk Advisors’ for their commitment to our region. Today’s announcement by the company and Empire State Development Acting Commissioner Eric Gertler shows that the Rochester area has a strong, diverse, and skilled workforce and is in an economic position to create jobs for the future. I look forward to Security Risk Advisors’ growth of new jobs at their expanded Rochester campus." Rochester Mayor Lovely A. Warren said, "I am happy to welcome Security Risk Advisors to our city and thank them for making this investment, which brings jobs to Rochester and supports the growth of our region’s knowledge economy. I am grateful to Governor Cuomo and Empire State Development for retaining and growing jobs in Rochester through Finger Lakes Forward. Together we are moving forward to create more jobs, safer, more vibrant neighborhoods and better educational opportunities for our citizens." Monroe County Executive Cheryl Dinolfo said, "Monroe County is proud to support the expansion of Security Risk Advisors into our community. With an incredibly talented and qualified local workforce, a vibrant tech business community, and an attitude to create more jobs and keep our momentum going, I am confident Security Risk Advisors will feel right at home here." Matt Hurlbutt, President & CEO, Greater Rochester Enterprise, said, "Talent was the number one asset that prompted SRA to expand in Rochester, NY. As SRA leaders build out their cybersecurity and software development team, close proximity to Rochester Institute of Technology and University of Rochester’s well-trained graduates will serve as a competitive advantage." For more Information about Security Risk Advisors, click 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 $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 | [email protected] | (585) 399-7055 ESD Press Office | [email protected] | (800) 260-7313
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Board Meeting

Wednesday, September 25, 2019 - 2:00pm
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Report

Tuesday, September 24, 2019 - 1:08pm
Empire State Development's Division of Science, Technology and Innovation (NYSTAR) advances technology innovation and commercialization in New York State. This annual report presents key information about each NYSTAR program, detailing recent economic impacts of centers funded through these programs in 2017.  NYSTAR 2017 Annual Report
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Press Release

Tuesday, September 24, 2019 - 9:57am
The Finger Lakes Regional Economic Development Council (FLREDC) today released its draft 2019 Regional Economic Development Council (REDC) Annual Report, opening a public review period that will allow the council to consider comments and ideas that will help make this year’s competitive submission as strong as possible.  The draft FLREDC 2019 Annual Report can be viewed on the FLREDC website. Comments can be submitted on the draft via email to [email protected] and will be considered until Monday, September 23, 2019. The FLREDC, which represents a nine-county region composed of Genesee, Livingston, Monroe, Ontario, Orleans, Seneca, Wayne, Wyoming and Yates counties, will submit its final Annual Report to New York State on October 1, 2019 to compete for a portion of the funding made available in this year’s REDC competition.  Round IX of the REDC initiative includes core capital and tax-credit funding that will be combined with a wide range of existing agency programs totaling approximately $750 million. The core funding includes $225 million in grants and tax credits to fund high value regional priority projects. The Budget also makes over $525 million in resources from State agencies available to support community revitalization and business growth consistent with the existing REDC plans through the CFA process. Funding awards will be announced by the end of the year. The REDC process has transformed New York State government’s approach economic development, creating a statewide framework for bottom-up, regional economic growth and streamlining the state funding application process.  Since 2011, the first year of the initiative, over $6.1 billion has been awarded to more than 7,300 projects that are projected to create and retain more than 230,000 jobs statewide. Through EIGHT rounds of the REDC competition, Finger Lakes REDC has been awarded $656.6 million for 856 projects. 2019 Round IX Awards The Regional Councils will compete in 2019 for up to $150 million in capital funds and $75 million in Excelsior Tax Credits for projects identified by the Regional Councils as priorities in their regions. All ten regions will be competing this year for designation as a Top Performer. Five top performing regions will be awarded a share of $100 million in ESD Capital grants. The remaining five regions will be awarded a share of $50 million in ESD Capital grants. Each region will also be awarded a share of $75 million in Excelsior Tax Credits to help attract and grow business in the region. In addition, each region will once again receive $10 million to implement projects identified through the Downtown Revitalization Initiative, and projects from all 10 regions submitted through the CFA will be eligible for over $525 million in other state agency funds. About the Consolidated Funding Application As part of Governor Cuomo’s efforts to improve the state’s economic development model, a NYS Consolidated Funding Application (CFA) 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. To access the CFA, please visit https://apps.cio.ny.gov/apps/cfa/. 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, over $5.4 billion has been awarded to 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. Contact: Shari Voorhees-Vincent | [email protected] | (585) 399-7055 Press Office | [email protected] | (800) 260-7313
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Press Release

Monday, September 23, 2019 - 4:48pm
Over 600 Full-Time Cree Jobs to Be Created at Marcy Nanocenter on SUNY Poly Campus as Cree Will Partner with SUNY to Implement a Workforce Training Program and Industry-Oriented Curriculum to Supply Future Workforce in Marcy and a $10 Million Joint Initiative to Support High-Tech Research and Development in the SUNY System Innovative, Ground Breaking Silicon Carbide Devices Made in New York will be Faster, Smaller, Lighter, More Powerful, and Instrumental to Advances in Energy Efficiency  Market Leading Semiconductor Company Expands to the State in Collaboration with the New York Power Electronics Manufacturing Consortium  Governor Andrew M. Cuomo today announced a major public-private partnership between the State of New York and Cree, Inc., the global leader in silicon carbide technology, to invest approximately $1 billion over six years to construct and equip a new, state-of-the-art, highly-automated world's-first, 200mm silicon carbide wafer fabrication facility. This investment also includes a $30 million research and development commitment by Cree, with plans to create over 600 full-time highly-skilled technician and engineering positions at the Marcy Nanocenter on the SUNY Polytechnic Institute campus near Utica. "This partnership is vital to strengthening the research and scientific assets that New York State needs today to attract the high-tech industries and jobs of tomorrow," Governor Cuomo said. "This is a crucial step in cultivating the advanced manufacturing infrastructure of New York State, growing the upstate economy and transforming the future of the Mohawk Valley. "This public-private partnership is advancing innovative research and development at the Marcy Nanocenter," said Lieutenant Governor Kathy Hochul. "The nation-leading facility will continue to grow the high-tech industry in the Mohawk Valley and create hundreds of jobs at the SUNY Polytechnic Institute. The project includes a job training program to ensure students are trained with the skills they need to meet businesses' needs in the future. We are committed to growing the advanced manufacturing industry to further establish New York as an innovation hub and strengthen the economy." Read the full press release here. 
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Press Release

Monday, September 23, 2019 - 2:08pm
New York Islanders Agree to Play 28 Games At Nassau Coliseum This Season - 7 More Than Previously Planned Construction Will Create 10,000 Jobs and Generate $2.7 Billion in Economic Activity Updated Project Renderings are Available Here Governor Andrew M. Cuomo today joined the New York Islanders, National Hockey League Commissioner GaryBettman, local leaders and hockey fans to break ground on the New York Islanders' new arena at Belmont Park, the centerpiece of the $1.3 billion Belmont Park Redevelopment. In addition, Governor Cuomo announced the team has agreed to play 28 regular season games at the Nassau Veteran's Memorial Coliseum during the 2019-2020 season, seven more than previously planned. These announcements further the Governor's efforts to turn Belmont Park into a premier sports and hospitality destination that bolsters Long Island's economy. "The Islanders belong on Long Island — and today we start building the state-of-the-art home this team and their fans deserve while generating thousands of jobs and billions in economic activity for the region's economy," Governor Cuomo said. "With seven more Islanders games at the Coliseum this season, fans will have even more opportunities to see their favorite team and generate momentum for the move to their new home in two years. At the end of the day this project is about building on two great Long Island traditions - Belmont Park and the Islanders - and making them greater than ever." "The construction of the new arena at Belmont Park will redevelop the home of The Islanders, support more games and events, and increase visitors to the region," said Lieutenant Governor Kathy Hochul. "This significant project will establish Belmont Park as a sports destination and will create thousands of jobs and boost economic activity on Long Island."  Read the full press release here. 
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