Empire State Development reports

ESD is dedicated to sharing information about its work with the public. In this Reports section, you can find many of the more than 50 quarterly and annual reports that we provide each year, detailing key New York State economic development projects and initiatives.

In addition to the reports published below, you may also wish to explore the 100+ economic development-related datasets available at data.ny.gov, access the detailed progress reports published annually by our 10 Regional Economic Development Councils at regionalcouncils.ny.gov, or view the comprehensive archive of public meeting videos and materials published in the ESD Media Center.

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Press Release

Wednesday, October 10, 2018 - 11:00am
Empire State Development (ESD) and the New York State Department of Agriculture and Markets today announced $1 million in funding is available to assist early-stage farmers through the New York State New Farmers Grant Fund. The program, now in its fifth year, promotes growth and development in the state's agriculture industry. To date, $3.27 million has been awarded to nearly 90 farms throughout New York State to expand their operations and improve their profitability. ESD President, CEO and Commissioner Howard Zemsky said, "Agriculture is vital to New York State's economy, and the New Farmers Grant Fund supports our early stage farmers by promoting projects that increase overall farm profitability and ensure sustainability of farming operations." State Agriculture Commissioner Richard A. Ball said, "The New Farmers Grant Fund encourages young people and those seeking second careers to pursue a livelihood that is not always easy but always rewarding. We thank Governor Cuomo and the legislature for their continued support of our state’s agricultural economy through programs like these, which give farmers the resources they need to grow or expand their operations and support our state’s long tradition of farming, which is essential to our health, economy and quality of life." The $1 million New Farmers Grant Fund will provide grants of up to $50,000 to assist with up to 50 percent of eligible project costs. To qualify, all farm business owners must be within the first ten years of having an ownership interest in any farm business, and the farm must have a minimum of $10,000 in income from sales of products grown or raised on the farm. Eligible project costs include the purchase of machinery, equipment, supplies, and the construction or improvement of agricultural structures. Applications and guidelines for the New Farmers Grant Fund are available online. The deadline for submission is January 25, 2019.  New farmers are a critical piece of the overall agricultural landscape in the State and the future of the industry. To further support the State’s new and beginning farmers, the Department of Agriculture & Markets launched a New and Beginning Farmer One Stop Shop in 2017. The web-based resource helps new and beginning farmers connect to the resources and services that can help their businesses thrive. Information can be found online here. Senate Agriculture Committee Chair Patty Ritchie said, “With every new farmer we can attract to our state, we are ensuring the future of New York’s leading industry and allowing families a better opportunity to have local, farm-fresh foods on their table. This program has been key in helping people just starting out in the agriculture industry to begin their careers. I look forward to seeing how this next round of grants builds on that momentum and boosts New York’s farming economy as a whole.”." Assembly Agriculture Committee Chair Bill Magee said, "Qualifying farmers can benefit greatly from the New Farmers Grant Fund as they seek to expand and increase their agricultural businesses; this funding goes a long way toward helping the next generation of farmers to get a foothold in New York farmland production and preservation." New York Farm Bureau President David Fisher said, "The New Farmer Grant Fund continues to assist men and women who are in the beginning stages of taking their farms to the next level. There can be many barriers for beginning farmers, the lack of capital and the cost of machinery are to name a few. With the additional support of the State of New York, the grants will provide opportunities for the next generation of farmers to build upon their dreams of having a successful farm business." Lindsey Lusher Shute, Executive Director and Co-Founder of the National Young Farmers Coalition, said, "A little help goes a long way for New York's young farmers. Access to grant funds for the purchase of equipment or to invest in farm infrastructure can help launch a career and reboot a local farm economy. The National Young Farmers Coalition appreciates Governor Cuomo's ongoing commitment to investing in the success of New York's young farmers." New York State is home to 36,000 farms that are top producers of more than 30 commodities, including apples, grapes, snap beans, maple products and dairy. New York's dairy industry is the largest sector of the state’s agricultural industry, accounting for approximately one-half of its on-farm production, support services and value-added products.    Contacts: Adam Ostrowski (ESD) | Adam.Ostrowski@esd.ny.gov | (518) 292-5148 | (800) 260-7313| Kirstan Conley (Agriculture) | Kirstan.Conley@agriculture.ny.gov | (518) 457-0752
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Public Notice

Wednesday, October 10, 2018 - 10:00am
Hudson River Place, LLC Capital Project
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Public Notice

Tuesday, October 9, 2018 - 12:00pm
The Park Theater Capital Project
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Press Release

Friday, October 5, 2018 - 2:41pm
Doubles Number of Cuisine Trails Across the State, Boosting the State's Growing Agritourism Industry Governor Andrew M. Cuomo today announced the launch of six new Cuisine Trails in the North Country, doubling the number of Cuisine Trails across New York. The new network of trails, featuring 83 businesses in Clinton, Essex and Franklin counties, will boost the state's growing agritourism sector and spotlight the region's unique farms, food and beverage businesses. The announcement was made ahead of Columbus Day weekend, a traditionally busy time for tourism in New York State. "These new Cuisine Trails highlight some of the best food and beverage producers and providers in New York," Governor Cuomo said. "They will help connect Upstate farms and businesses with visitors and local markets, boosting the North Country's economy and supporting growing trends in agritourism." "The new Cuisine Trails will showcase the many local businesses in the North Country and highlight the great products that our farmers and craft beverage producers have to offer," said Lieutenant Governor Kathy Hochul. "The six trails in the area will continue to boost the agriculture industry, attracting more visitors and growing the economy of the region." Read the full press release here. 
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Press Release

Friday, October 5, 2018 - 2:34pm
Governor Andrew M. Cuomo today announced that the Village of Penn Yan will receive $10 million in funding as the Finger Lakes winner of the third round of the Downtown Revitalization Initiative. As in the first two rounds of the DRI, one municipality from each of the state's 10 regional economic development regions is selected as a $10 million winner, marking another overall state goal to target $100 million in funding and investments to help communities boost their economies by transforming downtowns into vibrant neighborhoods where the next generation of New Yorkers will want to live, work and raise a family. "The Downtown Revitalization Initiative invests in the unique strengths of local communities to transform downtowns into central hubs of economic activity for the region," Governor Cuomo said."This significant investment in Penn Yan will help attract visitors to the area, spur economic growth and increase job opportunities for the village and the entire Finger Lakes region, creating a stronger, more prosperous New York for all." Read the full press release here. 
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Press Release

Thursday, October 4, 2018 - 11:08am
Empire State Development (ESD) and I LOVE NY, New York State's Division of Tourism, are encouraging residents and visitors to experience hundreds of events scheduled for the upcoming Path Through History Weekend, scheduled for October 6-8. I LOVE NY will continue to highlight Path Through History Weekend events on its website, social media platforms, and the award-winning I LOVE NY app. ESD President, CEO and Commissioner Howard Zemsky said, "With hundreds of years of rich history, New York State has been instrumental in many of the events and ideals that helped to shape America. I would encourage everyone to plan a trip to experience the culture of our Path Through History attractions." Introduced by Governor Andrew M. Cuomo in 2012, the Path Through History initiative uses 13 themes to organize more than 700 heritage sites across the state, including an unparalleled network of museums, historic sites and cultural institutions. Path Through History Weekend showcases the state's rich heritage and will feature hundreds of events at historic and cultural destinations statewide. The first 2018 Path Through History Weekend was held in June to coincide with Father's Day and featured more than 500 events statewide. New York State Executive Director of Tourism Ross D. Levi said, "Fall is already an amazing time to explore New York, and the opportunity to experience hundreds of events at historical sites across the state is icing on the cake. Whether your interest is the American Revolution, colonial history, civil rights or one of our other Path Through History themes, there is an event to form the cornerstone of a great holiday weekend New York getaway for you and your family." Notable Columbus Day Path Through History Weekend events from New York’s eleven vacation regions include: The AdirondacksFort Ticonderoga (Ticonderoga) is commemorating the Campaign of 1781, when the Royal Navy and British soldiers pushed south from Canada. They anchored and encamped at Ticonderoga, holding this strategic strait as raids continued southward. Fort Ticonderoga will focus on the sailors of the Royal Navy and the soldiers of the 29th Foot who worked closely together to propagate British power and politics. Capital–Saratoga At Johnson Hall State Historic Site (Johnstown), visitors will travel back in time to the 18th century and learn what it took to hunt, harvest and preserve enough food to last through the cold, harsh winters. Period-specific hunting and harvesting equipment will be on display, with interpreters providing demonstrations. The CatskillsBethel Woods Center for the Arts (Bethel) is hosting Legends in the Sky, a stargazing party. At this family friendly event, attendees can hear stories about the stars, learn astronomy facts, and create their own constellations from family myths and hopes for the future. Central New York The Northeast Classic Car Museum (Norwich) features more than 170 vehicles, featuring New York State-made cars like the Chenango Camper from Norwich, and Franklin Automobiles, made in Syracuse from 1906-1934. On October 7, the museum will host a LEGO car building contest for kids ages 3-18. Participating children will receive FREE admission to the museum when they bring in their assembled LEGO cars for display. Chautauqua–AlleghenyJohnson Estate Vineyards (Westfield) invites visitors to experience New York's picturesque fall foliage and learn about winemaking. The walking tour explores the history of wine in New York State against the backdrop of the hillsides in their colorful autumn foliage. Finger Lakes Phelps Mansion (Binghamton) was built during America's Gilded Age as part of the city's "Mansion Row." The home, once part of a neighborhood full of beautiful homes, is the last of its neighbors and open for tours. It was designed by Isaac G. Perry, one of the state’s most famous 19th century architects, known for his work on the New York State Capitol. Greater NiagaraCobblestone Museum (Albion) will host its second annual Ghost Walk. Tour guides will lead you on a walking tour of 10 different National Historic Landmarks on the Museum's campus, including the oldest cobblestone church in North America. Along the way, guests will "meet" apparitions of notables like Horace Greeley, George Pullman and Grace Bedell. Hudson ValleyThe FASNY Museum of Firefighting (Hudson) is hosting Dalmatian Day. The annual Bob McKinney Memorial Fire Prevention Event will feature live Dalmatians as part of the day's activities to teach children about fire safety. Long IslandRise of the Jack O'Lanterns (Old Westbury) will feature thousands of illuminated jack o'lanterns at Historic Old Westbury Gardens. Organizers are doubling the number of carved pumpkins over 100 pounds, each one requiring more than 10 hours to carve to perfection. Multi-pumpkin structures, consisting of dozens of illuminated jack o’lanterns, are assembled into life-sized pieces of art include dinosaurs, dragons and animals. New York CityThe Flushing Friends' Meetinghouse (Queens), the oldest house of worship in New York which dates back more than 300 years, is hosting tours and an open house. It is associated with the 1657 Flushing Remonstrance, a protest movement to resist persecution of religious minorities by Dutch Governor, Peter Stuyvesant. It eventually led to the precedent for the First Amendment to the United States Constitution. Thousand Islands–Seaway Starr Clark Tin Shop (Mexico) was once owned by Starr Clark and his wife, Harriet Loomis Clark, who were abolitionists and Underground Railroad activists. Visitors can tour the home and learn more about the couple who, from late 1832 until the Civil War, welcomed freedom seekers by offering housing for them and providing transportation to the next station. Since 2011, New York State has made unprecedented investments in the tourism industry statewide, leading to historic levels of visitors and direct spending. Last year, New York welcomed a record 243.8 million visitors who spent $67.6 billion, generating a total economic impact of more than $100 billion for the fourth straight year. Tourism is now the state's third largest employer, supporting 938,800 jobs annually. 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 Governor Cuomo’s Regional Economic Development Councils and the marketing of "I LOVE NY," the State’s iconic tourism brand. For more information on Regional Councils and Empire State Development, visit www.regionalcouncils.ny.gov and www.esd.ny.gov. About New York State New York State features 11 beautiful vacation regions. New York’s attractions feature landmarks such as Niagara Falls, the largest park in the continental U.S. in the Adirondacks and treasures such as the Baseball Hall of Fame in Cooperstown and the Corning Museum of Glass. New York State offers diverse activities for all: outdoor fun - snowmobiling, skiing and snowboarding, fishing, hiking and boating, year-round festivals and exploring the rich history and culture of one of the 13 original colonies. Visitors also enjoy the fine cuisine, beverage trails and farm-to-table fresh foods. For more information, visit iloveny.com.
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Press Release

Wednesday, October 3, 2018 - 5:00pm
Governor Andrew M. Cuomo today announced SparkCharge as the $1 million grand prize winner of the fifth annual 43North competition. The top eight finalists of the $5 million startup competition were announced at an awards ceremony in Buffalo this evening. For the fifth straight year, 43North awarded a total of $5 million in cash prizes, free incubator space in Buffalo for one year, guidance from mentors and access to other business incentive programs to eight startups from around the world. "The 43North competition has made Buffalo a top destination for some of the best and brightest entrepreneurs across the globe," Governor Cuomo said. "I am proud to welcome all of these innovative 2018 43North winners and look forward to seeing their projects in action, further energizing the economy of Western New York." "We're continuing the momentum of innovation with the internationally recognized 43North competition with Round 5 of the awards, and I congratulate all of the winners," said Lieutenant Governor Kathy Hochul, who made today's announcement.  "The 43North business plan competition is attracting the best and the brightest aspiring entrepreneurs from around the world to Buffalo, fueling the economy of Western New York." Read the full press release here. 
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Press Release

Wednesday, October 3, 2018 - 3:28pm
The Southern Tier Regional Economic Development Council (STREDC) today announced it has submitted its 2018 Progress Report to the State to meet the October 1 deadline.  The report details the Council’s achievements in implementing its five-year, Southern Tier Soaring strategic plan and reflects progress on efforts to ensure sustainable and long-term growth in the eight-county region and to leverage the region’s advantages in key industry sectors. In furtherance of these goals, strategies and initiatives, the report recommends 29 priority projects to advance the region’s growth objectives. These projects represent a total proposed state investment of at least $20 million, leveraging $ 88.3 million in private and other funding for total project expenses of more than $108 million with a return on investment of 4 to 1, or 18.8 percent of the total project costs. Detailed information about the STREDC’s 2018 endorsed priority projects is available in the progress report at www.regionalcouncils.ny.gov. Southern Tier Regional Economic Development Council Co-Chairs Tom Tranter, President of Corning Enterprises and Harvey Stenger, President of Binghamton University said, “The state support we have received over the last seven years has truly facilitated our region’s transformation and has accelerated our momentum in helping the Southern Tier to soar. The enthusiasm and commitment of all council members is certainly evident in the 2018 annual report. We remain united for success, and our results show that we are realizing our shared vision to extend economic opportunities to all of the region’s residents.” Round VIII of the REDC initiative will award more than $750 million in state funding and tax incentives, including up to $150 million in capital grants and up to $75 million in Excelsior Tax Credits for projects and activities identified by the Councils as regional priorities in their communities. Additionally, over $525 million from state agency programs will be awarded through the CFA process.  Funding awards will be announced by the end of the year. By incentivizing the implementation of the strategic plans, the REDCs – composed of leaders from business, educational institutions, local governments, not-for-profit groups and other stakeholders – are further motivated to work together to accomplish the regional vision. The competition emphasizes performance and action to implement strategies, which encourages cooperation among the REDCs and representatives of the community that is critical to achieving successful economic development. 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 $5.4 billion has been awarded to more than 6,300 projects that are projected to create and retain more than 220,000 jobs statewide. 2018 REDC Competition In 2018, all 10 REDCs will be competing for a designation as a Top Performer. Five Top Performers will be selected and will receive up to $20 million in Empire State Development Capital Grant funding, with the remaining five regions receiving up to $10 million in Empire State Development Capital Grant funding.  Each region will also 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. 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 Press Office | pressoffice@esd.ny.gov | (800) 260-7313
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Press Release

Wednesday, October 3, 2018 - 2:03pm
Eighth Annual MWBE Forum Promotes Networking and State Contracting Opportunities Third Annual Carey Gabay Excellence and Innovation Awards Honor Outstanding MWBE Businesses Governor Cuomo announced that the utilization rate for Minority and Women-Owned Business Enterprises participating in State contracts increased to 28.62 percent for the 2017-18 Fiscal Year - the highest in the nation - with MWBEs winning more than $2.5 billion in State contracts. The announcement was made in conjunction with New York State's eighth annual MWBE Forum at the Empire State Plaza Convention Center in Albany.   "New York is building a stronger tomorrow by ensuring that our minority-and women-owned businesses have the opportunity to grow and thrive," Governor Cuomo said. "Our nation-leading utilization rate is a testament to our unparalleled network of MWBEs that continues to grow in size and scope, reflecting the State's rich diversity." "As a woman who helped start a family women-owned small business, I know firsthand the barriers faced by aspiring entrepreneurs," said Lieutenant Governor Kathy Hochul. "We are leading the nation in our MWBE utilization, increasing the rate to nearly 29 percent. We must do everything in our power to provide opportunities for minority and women-owned businesses, and we're continuing to expand the state's program to help break down barriers and help entrepreneurs take their business to the next level." Read the full press release here.
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Report

Wednesday, October 3, 2018 - 1:24pm
ESD's Division of Minority and Women’s Business Development oversees the statewide MWBE program operated by state agencies as defined by Article 15-A. Below please find the annual DMWBD report for Fiscal Year 2017-2018. Division of Minority and Women's Business Development Annual Report: FY 2017-2018
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