Empire State Development public notices

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Press Release

Monday, May 23, 2022 - 4:03pm
Part of Watertown’s Downtown Revitalization Initiative to Bolster Franklin Street Corridor, Generate Investments in Workforce Development and Grow Small Businesses Downtown Revitalization Investments Are Crucial Part of the State’s Comprehensive Strategy to Revitalize Communities and Grow the Economy Rendering Available Here Empire State Development (ESD) and the New York State Department of State (DOS) today announced details for the $2.5 million Jefferson Community College (JCC) downtown entrepreneurship center in Watertown located in Jefferson County. This project is part of New York State’s Downtown Revitalization Initiative (DRI), a cornerstone of the State's economic development policy that aims to transform downtown neighborhoods into vibrant centers of activity that offer a high quality of life and attract redevelopment, businesses, jobs, and economic and housing diversity. JCC’s new entrepreneurship center will redevelop two blighted downtown buildings and establish a space that will support entrepreneurs and offer workforce development training and applied learning opportunities.  ESD President, CEO and Commissioner Hope Knight said, "The JCC Downtown Entrepreneurship Center is yet another great example of how the Downtown Revitalization Initiative works to reenergize New York State’s cities. This project will renovate existing buildings as workforce development and commercial spaces, bringing new talent and vibrancy to the Watertown city center and ultimately boosting both the local and North Country regional economies.”   Secretary of State Robert J. Rodriguez said, “The partnership between SUNY Jefferson and Neighbors of Watertown serves as a creative example of the type of development activities we continue to support through the Downtown Revitalization Initiative. This downtown entrepreneurship center will create new opportunities for students, residents, and businesses alike throughout the North County while attracting activity to downtown Watertown and bolstering the entire region’s future economic growth.” Jefferson Community College President Dr. Ty A. Stone said, "The College enthusiastically supports this unprecedented investment in downtown Watertown. The renovated space will be a vibrant, exciting addition to our College and community.  Jefferson is uniquely positioned to support aspiring entrepreneurs and small businesses with high-quality educational opportunities and looks forward to serving the needs of our community” In partnership with the not-for-profit agency Neighbors of Watertown, this project will renovate the interior and exterior of two downtown Watertown buildings located at 124–136 Franklin Street, which encompasses six store fronts, to include the new JCC downtown entrepreneurship center as well as turn-key commercial space. The center will bring students Downtown, adding a new dimension to daily activity and reinforcing the City’s desire to be a center of education and employment expanding opportunities for applied learning and workforce development. The College plans to publish a survey to garner local feedback on a name for the new space. This project will also significantly improve public perception of the Franklin Street corridor, creating an inviting space and establish a Jefferson Community College presence in downtown Watertown. Most importantly, the center will support and train entrepreneurs and small businesses in the region. The project is being supported by a $2.5 million DRI grant administered by ESD. Reginald J Schweitzer Jr., Executive Director of the Neighbors of Watertown, Inc. said, “Neighbors of Watertown is excited to be teaming up with Jefferson Community College and Empire State Development to revitalize the Lamon & Strand Buildings. This investment will create renewed activity along lower Franklin St and will compliment other DRI Façade projects in the area.  We look forward to the energy and impact that a downtown JCC presence will have and are glad to be their partner on this project.” State Senator Pattie Richie said, “Entrepreneurs who launch innovative businesses, create good-paying jobs and contribute to vibrant communities are the backbone of New York’s economy,” said Senator Patty Ritchie. “Through Jefferson Community College’s planned Downtown Entrepreneurship Center, budding entrepreneurs will receive the support, guidance and tools they need to be successful. In addition, this important project will also contribute to the continued revitalization of Watertown’s Public Square.” Assemblymember Mark C. Walczyk said, “Workforce development has been among my top priorities, which is why I proudly brought our Conference’s task force to the Front Yard of America to spotlight all the good work of Jefferson Community College and other educators, employers and most importantly the students and workers themselves. Bridging the gap between our employers and our driven, hardworking workforce is vital and projects like the new entrepreneurship center in Watertown will further strengthen our regional economy and everyone’s prospects for the future. This is a great project, and I’m so proud to be part of it.” City of Watertown Mayor Jeffrey M. Smith said, “The partnership between the State, Jefferson Community College and the City of Watertown is a great example of positive change that will be a catalyst for economic growth in both Watertown and the Region. By prioritizing workforce development  and rehabilitating these older buildings, we  will help fill employers' growing needs, bring people downtown and help restore the regional economy.” 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. About the Downtown Revitalization Initiative The DOS also administers the Governor’s Downtown Revitalization Initiative (DRI).  The DRI launched in 2016 to accelerate and expand the revitalization of downtowns and neighborhoods in all ten regions of the state to serve as centers of activity and catalysts for increased local investments. Led by the Department of State, the DRI represents an unprecedented and innovative “plan-then-act” strategy that couples strategic planning with immediate implementation. Most DRI communities have received funding in the past from the BOA and LWRP programs, which in turn has helped them develop and implement their successful DRI applications.  The DRI has awarded a total of $600 million to 59 communities in its first five rounds.  This year, the Governor created an innovative offshoot of the DRI called NY Forward, which will support a more equitable downtown recovery for New York’s smaller and rural communities, with a focus on hamlets and villages.  The DOS will lead the community through a planning process and provide needed technical assistance to develop a slate of readily implementable projects.  NY Forward is funded at $100 million in this year’s State Budget.  About Jefferson Community College (JCC) Established on November 7, 1961, Jefferson Community College is the area’s first institution of higher education. Supervised by the State University of New York (SUNY), Jefferson offers 40+ associate degrees and certificates for career preparation or transfer;  local access to bachelor’s and advanced degrees through partner institutions; lifelong learning through workshops and seminars; business and industry training; community-based research and provides a forum for the productive discussion of ideas and issues of significance to the community through the Center for Community Studies; and cultural enrichment opportunities for the entire Watertown/Fort Drum region. Jefferson is accredited by the Middle States Association and currently serves approximately 2,600 students, including a significant number of service members and their families. Please visit www.sunyjefferson.edu for more information. Contact: Kristin Devoe | [email protected] | (518) 414-1087 ESD Press Office | [email protected] | (800) 260-7313  
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Press Release

Monday, May 23, 2022 - 2:16pm
Center Located on Monroe Community College Downtown Campus, Focuses on Technology Training for High-Demand Jobs in Advanced Manufacturing and IT NYS Investment Complements 'Finger Lakes Forward' - The Region's Comprehensive Strategy to Revitalize Communities and Grow the Economy Governor Kathy Hochul today attended and announced the grand opening of the Finger Lakes Workforce Development Center on Monroe Community College's Downtown Campus. The $11.4 million 50,000-square-foot, state-of-the-art Finger Lakes Workforce Development Center focuses on short-term and accelerated, technology-oriented training programs that place individuals in high-demand jobs within advanced manufacturing, information technology, skilled trades, apprenticeship-related instruction, and professional services. "The pandemic had caused tremendous damage to our workforce, which is why we are doubling down on our efforts to connect New Yorkers with good job opportunities," Governor Hochul said. "This state of the art education and workforce development center will deliver accelerated training programs to provide New Yorkers in the Finger Lakes with the skills they need to compete in today's dynamic and ever-changing job market. As we rebuild our economy, projects like this will ensure that New York remains the most business- and worker-friendly state in the nation." Made possible by New York State and SUNY capital funding totaling $11.4 million, the Finger Lakes Workforce Development (FWD) Center was completed on time and on budget, with $6 million awarded from a SUNY2020 grant and $5.4 million from the Finger Lakes Forward Upstate Revitalization Initiative. Housed on the fifth and sixth floors of MCC's Downtown Campus at 321 State Street, the new facility anticipates training an estimated 2,500 individuals within the next three years. Read the full press release.
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Board Meeting

Monday, May 23, 2022 - 11:00am
New York State Tourism Advisory Council Meeting  Monday, May 23, 2022 at 11:00 a.m. Empire State Development 633 Third Avenue – 37th Floor Conference Room New York, NY 10017 This meeting is open to the public. The meeting will be streamed and available by clicking the link below. Due to building procedures, please RSVP by 4:00 p.m. on Friday, May 20.  RSVP press line (800) 260-7313; RSVP public line (518) 292-5105.
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Report

Friday, May 20, 2022 - 5:57pm
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 first quarter of 2022, ending 3/31/2022. 3/31/2022: 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 2011 & 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 CHART J - EXCELSIOR JOBS PROGRAM QUARTERLY REPORT - Businesses Issued Credits- Tax Year 2020 CHART K - EXCELSIOR JOBS PROGRAM QUARTERLY REPORT - Businesses Issued Credits- Tax Year 2021
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Report

Friday, May 20, 2022 - 5:34pm
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 first quarter, ending 3/31/2022. 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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Board Meeting

Thursday, May 19, 2022 - 11:30am
ESD Governance Committee Meeting  Thursday, May 19, 2022 at 11:30 a.m. In accordance with current Legislation, this meeting will be conducted via teleconference. The public may listen to the meeting 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, May 18, 2022.  All comments received by the deadline will be distributed to the Committee Members prior to the meeting and will posted on-line.
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Board Meeting

Thursday, May 19, 2022 - 9:30am
In accordance with current Legislation, 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 Noon on Wednesday, May 18, 2022. All comments received by the deadline will be distributed to the Directors prior to the meeting and will be posted online.
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Press Release

Tuesday, May 17, 2022 - 12:35pm
Bridge Rockaway in Brownsville Will Offer 174 Affordable Homes with 87 Units Reserved for Seniors and Veterans Experiencing Homelessness Mixed-Use Development Will Include Light Manufacturing Space Operated by the Greenpoint Manufacturing and Design Center, Creating Up to 35 Jobs   Part of Governor's $25 Billion, Five-Year, Comprehensive Housing Plan Renderings Available Here  Governor Kathy Hochul today announced the start of construction on a $118 million mixed-use affordable housing development in the Brooklyn neighborhood of Brownsville. Known as Bridge Rockaway, the development will offer 174 affordable apartments, including 87 with supportive services, and 39,000 square feet of ground floor manufacturing space which will be available for lease to light manufacturers. The manufacturing space will be separately owned and operated by Greenpoint Manufacturing and Design Center, a nonprofit industrial developer, and it is expected to create up to 35 jobs.    "Quality affordable homes and good paying jobs are the foundation for successful and thriving communities, and that is what we are delivering to Brownsville with this important investment," Governor Hochul said. "Bridge Rockaway is an innovative collaboration between state and nonprofit partners that will bolster our continued efforts to revitalize Central Brooklyn."     Bridge Rockaway is part of Governor Hochul's sweeping plans to make housing more affordable, equitable, and stable. In the recently enacted State Budget, the Governor successfully secured a new $25 billion, five-year, comprehensive housing plan that will increase housing supply by creating or preserving 100,000 affordable homes across New York, including 10,000 with support services for vulnerable populations, plus the electrification of an additional 50,000 homes.     The development will consist of two residential towers, one with six floors, and another with seven floors, separated by an 11,000-square-foot garden. All 174 apartments will be affordable to households earning 70 percent of the Area Median Income or less. There is one superintendent unit.     Thirty-five households will have access to on-site supportive services and rental subsidies funded through the Empire State Supportive Housing Initiative and administered by the New York State Office of Temporary and Disability Assistance. These homes will be reserved for seniors and veterans in need of supportive services.     An additional 52 apartments will be reserved for chronically homeless adults. Services for these individuals will be funded through the NYC 15/15 Congregate Supportive Housing Services Program administered by the New York City Human Resources Administration and the New York City Department of Housing Preservation and Development. On-site supportive services will be provided by The Bridge.      Greenpoint Manufacturing and Design Center will operate a 39,000-square-foot manufacturing space on the building's ground floor that will provide affordable small scale manufacturing facilities to approximately ten to twelve local businesses. It is expected that the facility will create up to 35 jobs.      Residential amenities will include a ground floor community facility space, a continuously-staffed lobby reception area, and a community garden. Additional residential amenities will be on the second floor including social services offices, a computer room, a community kitchen, a multipurpose room, bicycle room, storage, and laundry facilities.    The development team consists of The Bridge, Mega Development and Greenpoint Manufacturing and Design Center.    State financing for the residential portion includes $11.4 million in permanent tax-exempt bonds, Federal Low-Income Housing Tax Credits that will generate $46 million equity and $16.9 million in subsidy from New York State Homes and Community Renewal. The New York State Office of Temporary and Disability Assistance is providing $6.5 million through the Homeless Housing Assistance Program.  The New York City Department of Housing Preservation and Development is providing $17.1 million in support.      Empire State Development has agreed to support the $11.8 million manufacturing space with a capital grant of up to $1.6 million. The grant was recommended by the New York City Regional Economic Development Council and reflects New York State's efforts to revitalize and grow New York's manufacturing sector and support small businesses.   Homes and Community Renewal Commissioner RuthAnne Visnauskas said, "Bridge Rockaway is a transformative development for the residents and businesses of the Brownsville neighborhood. We are proud to partner with The Bridge, Mega Development and GMDC to provide a brighter and more secure future for 174 families, including permanent supportive housing for 87 homeless adults including seniors and veterans. By pairing the housing development with new light manufacturing jobs, we can leverage our work to help drive economic growth and support local business owners for years to come. Thank you to our many public, private and non-profit partners who have helped us reach today's milestone."   Empire State Development President, CEO and Commissioner Hope Knight said, "GMDC's Bridge Rockaway is a transformative development that will create affordable housing and encourage small business manufacturing in Brooklyn. This project will complement the State's efforts to revitalize areas by building healthy, affordable and vibrant communities, while the small businesses support local supply chains and create jobs that catalyze regional economic growth."   Read the full press release here.
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Press Release

Monday, May 16, 2022 - 11:14am
$3 Million Food and Agriculture Global Startup Competition is Accepting Applications Through July 1st Competition is Funded Through Upstate Revitalization Initiatives - Finger Lakes Forward, CNY Rising and Southern Tier Soaring - Regional Comprehensive Strategies to Revitalize Communities and Grow the Economy Empire State Development (ESD) today announced that the application window is now open for the 2022 Grow-NY food and agriculture competition. Grow-NY, a unique initiative which connects innovators and investors in the food, beverage and agriculture sectors locally and around the globe, has already resulted in economic growth and entrepreneurial opportunity in Upstate New York.  The Grow-NY region, a 22-county area spanning Central New York, the Finger Lakes, and the Southern Tier, has already seen hundreds of new jobs and millions of dollars of follow-on investment as a result of the competition. Grow-NY attracts high-growth food and agriculture startups to compete for $3 million in total prize money each year and supports 20 finalists through a business development phase that connects them with the region’s resources. Governor Kathy Hochul included funding for three additional rounds of this impactful competition in her FY 2023 budget. Empire State Development President, CEO & Commissioner Hope Knight said, “This fourth round of Grow-NY will further build on the success of earlier competition winners, whose entrepreneurial ideas are fueling economic growth Upstate. These innovative companies have attracted significant investment and are seeding the ground for even more innovation, both throughout the Grow-NY region and around the world.”  Winners are required to commit to operating in at least one of the 22 Grow-NY counties for at least 12 months and must agree to “pay-it-forward” provision in the form of an equity agreement. One finalist will receive a top prize of $1 million; two others will be awarded $500,000 prizes, and four more will be given $250,000 prizes. Winners will also receive tax incentives and publicity support to announce their achievements across the Grow-NY region and in their home regions. Funding for the program comes through Empire State Development from the Upstate Revitalization Initiative’s three regional entities, CNY Rising, Finger Lakes Forward, and Southern Tier Soaring, and is administered by Cornell’s Center for Regional Economic Advancement. Ronald P. Lynch, Dean of the Cornell University College of Agriculture and Life Sciences Benjamin Z. Houlton, said, “Cornell is proud to support the Grow-NY competition, which plays a vital role in catalyzing food and agriculture start-ups and entrepreneurship across our region. By partnering across the public and private sectors, Grow-NY is critical to scaling new technologies and innovations needed to meet our state’s goals for more sustainable food systems that provide healthy, nutritious food to all.” The startup competition begins its fourth year with impressive momentum, having garnered applications and interest from over a thousand businesses in 32 unique states and 37 other countries over the last three years. In all, 59 finalists have been selected to date, with 21 winners sharing $9 million in startup funding as well as the invaluable mentorship and networking benefits which the program delivers to finalists. In addition to emphasizing innovation and scalability, the Grow-NY program is focused on drawing more diverse leaders to the region by reaching communities that have historically been left out of the innovation economy.  In 2021, 51% of the 330 applicants included a founder from an underrepresented minority group, and 44% included a female founder. “We are looking for food and ag innovators that operate at any point in the agrifood system that demonstrate a value to customers, an ability to grow quickly and sustainably, and diversity within their founding team,“ said Grow-NY program director Jenn Smith. Applications must be submitted by Friday, July 1. In August, up to 20 finalists will be assigned mentors and enter the business development phase. All finalists will receive bespoke entrepreneurial support and valuable regional introductions, additional training to hone their live pitches, and an expenses-paid, three-day business development trip to the region for up to two team members. The selected  finalists will present their business plans during the Grow-NY Summit, Tuesday and Wednesday November 15-16, alongside a symposium of panel conversations and keynotes, a showcase of agencies, companies, research groups, and other organizations that serve startups working in food and ag, and a student stage where middle- and high school aged New Yorkers will pitch their ag- and food tech ideas. Judges will base award decisions on the following five criteria: Viability of Commercialization and Business Model – the potential for the entrant to generate revenue and maintain a cost structure that allows for a competitive and sustainable business, demonstrate technological readiness or innovate to fulfill its value proposition; Team – Demonstration of a level of cohesion, completeness, diversity, and readiness within the team of founders, employees, and advisors; inclusion or plans for inclusion of employees and advisors from communities that have historically been excluded from the innovation economy, such as women and minorities; Customer Value – the degree to which the entrant is providing something for which customers are willing to pay, and addressing a substantial market; Food and Agriculture Innovation – the extent to which the entrant is pushing what’s considered state-of-the-art in the food and agriculture industries, and contributing to Upstate NY’s status as a global leader in innovation in these markets; Regional Job Creation – the potential for creating high-quality jobs in the Grow-NY footprint and relevance to the existing food and ag ecosystem; and The Grow-NY region, which hosts over 40 percent of New York’s 33,438 farms, includes an abundance of vibrant, fertile lands along with such major urban centers as Rochester, Syracuse, Ithaca and Binghamton. It is a 22-county region comprised of the following three areas: Finger Lakes – Genesee, Livingston, Monroe, Orleans, Ontario, Seneca, Wayne, Wyoming and Yates  Central New York – Cayuga, Cortland, Madison, Onondaga and Oswego Southern Tier – Broome, Chemung, Chenango, Delaware, Schuyler, Steuben, Tioga and Tompkins State Agriculture Commissioner Richard A. Ball said, “Through three rounds, the Grow-NY competition has highlighted New York’s agricultural and food industry partners and helped to foster tremendous innovation. I’m excited that this fourth round will continue to build on that success, further showcasing the strength and diversity of our agriculture and food businesses and attracting exciting, cutting-edge companies that are creating the ag technologies and jobs of the future while supporting our local farms.” Central New York Regional Economic Development Council Co-Chairs Randy Wolken, President & CEO of the Manufacturers Association of Central New York, and Dr. Linda LeMura, President of Le Moyne College, said, "New York State continues to experience unprecedented growth in the agriculture and food industries. The globally renowned Grow-NY competition represents yet another exciting investment in our community that will further bolster regional job growth and further support our agricultural base throughout Central New York ensuring the region continues to rise." Finger Lakes Regional Economic Development Co-Chair Bob Duffy, President and CEO, Greater Rochester Chamber of Commerce, and Denise Battles, President SUNY Geneseo, said, “The regional council is again proud to support round three of the innovative Grow-NY competition. Our agricultural and food industries are truly world- class and both their products and innovations are huge economic drivers for our state and region. Connecting the cutting-edge ideas of these entrepreneur teams with local industry partners supports the multi-pronged approach laid out in the Finger Lakes Forward Upstate Revitalization Initiative, which is working to create a thriving regional economy.” Southern Tier Regional Economic Development Council Co-Chair Judy McKinney Cherry, Executive Director, Schuyler County Partnership for Economic Development (SCOPED), and Broome Community College President Kevin Drumm, said, "New York's agriculture industry is one of the most prestigious and productive in the nation.  This initiative, with its focused investment in the region, adds great value to the Southern Tier's continued economic success in the ag sector. The Grow-NY competition enables innovative and competitive businesses to showcase their strengths and will further our efforts to bolster the regional economy ultimately helping the Southern Tier to soar." To learn more about the Grow-NY competition, visit: www.grow-ny.com. To learn more about the Cornell Center for Regional Economic Advancement, visit: http://crea.cornell.edu/ 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 NEW YORK,” the State’s iconic tourism brand. For more information on Regional Councils and Empire State Development, visit www.regionalcouncils.ny.gov and www.esd.ny.gov. 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 regionally designed plan focuses on investing in key industries including photonics, agriculture‎ and food production, and advanced manufacturing. Now, the region is accelerating Finger Lakes Forward with a $500 million State investment through the Upstate Revitalization Initiative. 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. ​ Accelerating CNY Rising  Today's announcement complements “CNY Rising,” the region’s comprehensive blueprint to generate robust economic growth and community development. The regionally designed plan focuses on capitalizing on global market opportunities, strengthening entrepreneurship and creating an inclusive economy. Now, the region is accelerating CNY Rising with a $500 million State investment through the Upstate Revitalization Initiative. 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 5,900 new jobs. More information is available 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 regionally designed plan focuses on attracting a talented workforce, growing business and driving innovation. Now, the region is accelerating Southern Tier Soaring with a $500 million State investment through the Upstate Revitalization Initiative. 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 | [email protected] | (585) 399-7055 Press Office | [email protected] | (800) 260-7313 Leigh Martino | Cornell University Center for Regional Economic Advancement [email protected] | | (607) 427-0971
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Public Notice

Wednesday, May 11, 2022 - 2:00pm
View all grants to be presented at the batch virtual public hearing.
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