Regeneron: a global leader in biotech innovation

How does a biotechnology firm become a global leader, with multiple medications on the market and a solid reputation for innovative solutions that help it break through...

Regeneron: a global leader in biotech innovation

How does a biotechnology firm become a global leader, with multiple medications on the market and a solid reputation for innovative solutions that help it break through...

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Board Meeting

Thursday, January 20, 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, January 19, 2022. All comments received by the deadline will be distributed to the Directors prior to the meeting and will posted on-line.
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Report

Thursday, January 13, 2022 - 4:33pm
Entrepreneurship Assistance Centers (EAC) Annual Report 2020-2021
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Press Release

Thursday, January 13, 2022 - 3:10pm
State to Work with Residents, Community Leaders and Public Officials to Revitalize Downtown Areas Downtown Revitalization Investments Are Crucial Part of the State's Comprehensive Strategy to Revitalize Communities and Grow the Economy Governor Kathy Hochul today announced that Amityville and Riverhead will receive $10 million each in funding as the Long Island region winners of the fifth round of the Downtown Revitalization Initiative (DRI). As part of DRI Round 5, each of the state's 10 regional economic development regions are being awarded $20 million, to make for a total state commitment of $200 million in funding and investments to help communities boost their post COVID-19 economies by transforming downtowns into vibrant neighborhoods. "Ensuring local communities have the resources they need to thrive is critical to New York's economic resurgence," Governor Hochul said. "Amityville and Riverhead both play important roles in the overall economic health of Long Island and I have no doubt that with this this funding, they won't only recover from the impacts of COVID-19, but will flourish in the long term." Lieutenant Governor Brian Benjamin said, "After a competitive awards process with dozens of applicants, I want to congratulate Amityville and Riverhead for winning $20 million as part of the fifth round of the state's transformative Downtown Revitalization Initiative. As we continue to build back from the COVID pandemic, this investment is going to provide a significant boost to the local economy, attract tourists and regional visitors, create jobs and improve quality of life for residents on Long Island."   Led by the Department of State, the DRI serves as a cornerstone of the State's economic development policy by transforming downtown neighborhoods into vibrant centers of activity that offer a high quality of life and attract redevelopment, businesses, jobs, and economic and housing diversity.  In this round, Governor Hochul doubled funding from $100 million to $200 million and allowed each Regional Economic Development Council to decide whether to nominate two $10 million awardees or one $20 million awardee for transformative and catalytic downtown redevelopment projects. Like past DRI rounds, each selected community will develop a strategic plan through a bottom-up, community-based planning process that articulates a vision for the revitalization of its downtown and identifies a list of signature projects that have the potential to transform the downtown and leverage further private and public investments. DRI funds will then be awarded for selected projects that have the greatest potential to jumpstart revitalization and realize the community's vision for the downtown. Read the full press release here. 
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Public Notice

Wednesday, January 12, 2022 - 5:00pm
Public Notice
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Press Release

Wednesday, January 12, 2022 - 3:26pm
North Country Welcomes Elite Collegiate Winter Sports Athletes for the first time since 1972 Public Invited to Take Part in Activities Celebrating One-Year from Winter Edition of World University Games Governor Kathy Hochul today announced the official kick-off to the One-Year Out Celebration for the Lake Placid 2023 FISU World University Games. The winter edition of the 11-day cultural exchange and sporting event returns to the United States and Lake Placid January 12-22, 2023, after a 50-year absence. “New York is proud to welcome the 2023 FISU World University Games to Lake Placid and showcase all we have to offer for the rest of the world,” Governor Hochul said. “By hosting these games in our backyard, fans and visitors will not only have the opportunity to experience the majestic beauty of the Adirondacks, but enjoy competition featuring some of the best athletes the world’s universities have to offer.” In March 2018, the International University Sports Federation (FISU) formally announced that Lake Placid and the North Country region would host the 31st edition of the Winter World University Games. The Games are the 2nd largest multi-sport winter event in the world, after the Winter Olympics, for collegiate-athletes between the ages of 17 and 25. Next January’s event is expected to draw as many as 1,600 athletes from 50 nations and 600 universities to compete in 12 sports and 86 events, with an equal number of women's and men's medals. The Games will also attract thousands of winter sports enthusiasts and fans to Lake Placid and surrounding North Country communities, including Canton, North Creek, Potsdam, Saranac Lake and Wilmington, as these elite athletes vie for medals in alpine skiing, biathlon, cross-country skiing, curling, figure skating, freestyle & freeski, men's and women's ice hockey, Nordic combined, short track speed skating, ski jumping, snowboarding and speed skating (long track). Read the full press release here.
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Press Release

Wednesday, January 12, 2022 - 3:23pm
42 Organizations to Receive Funding for Workforce Development Awards Will Fund In-Demand Skills Training for More Than 2,550 New Yorkers Additional Applications Accepted on Rolling Basis with Training Organizations Strongly Encouraged to Apply at: workforcedevelopment.ny.gov Governor Kathy Hochul today announced that 42 organizations across the state have been awarded $7 million as part of the Workforce Development Initiative. This series of awards is the first group made under the second round of funding, which began in August, and makes $48 million available to support strategic regional efforts that help New Yorkers prepare for and find quality, well-paying jobs, meet businesses' short-term workforce needs, improve regional talent pipelines, expand apprenticeships, and address the long-term needs of growing industries. Applications continue to be accepted through the rolling Consolidated Funding Application Process. Funding and incentives provided in this round of awards by Department of Labor, SUNY and CUNY will support critical job training and employment opportunities in high-demand industries for more than 2,550 New Yorkers across the State. "We need to deal with the harsh reality that the pandemic left too many New Yorkers suddenly out of work and searching for new skills to reinvent themselves and relaunch their careers," Governor Hochul said. "These workforce awards will provide critical skills training, connect New Yorkers with the high-demand and good-paying jobs of the future, and create harmony between education, business, and public investment that will accelerate our state's economic recovery.  To the New Yorkers who were driven out of work by the pandemic, or deciding on their next career steps during these uncertain times, we are building a new New York worthy of your talents and ambitions." Read the full press release here.
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Report

Wednesday, January 12, 2022 - 2:54pm
I Love New York Hospitality Suite – 2021-22 Season Report
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Press Release

Wednesday, January 12, 2022 - 11:14am
Financial Services Firm Will Maintain Landmark Operations in Reinvigorated City Center Citing Economic Momentum Company’s Commitment is Supported by “CNY Rising” – The Region’s Comprehensive Strategy to Revitalize Communities and Grow the Economy Equitable Towers Photo Here Empire State Development (ESD) today announced that Equitable, a leading financial services company that helps Americans achieve financial wellbeing, has reaffirmed its commitment to the City of Syracuse and will maintain its operations in the heart of the city center. Citing the continuing momentum already underway downtown, the company will refurbish space inside of the historic 19-story Tower buildings located on Madison Street in the Salt City which have served as a touchstone to residents and visitors alike for more than 50 years. All told, Equitable has approximately 2,000 employees and financial professionals working throughout New York state. Empire State Development Acting Commissioner and President & CEO-designate Hope Knight said, “I am incredibly grateful to Equitable for its continued dedication to the city of Syracuse and to the state of New York. Founded in New York City over 160 years ago, this successful company continues to generate high-quality jobs, helping to drive the economy and laying the foundation for even more opportunities.” Equitable plans to re-imagine its space in the Towers to build-out a flexible, dynamic workplace that reflects the company’s environmental, social and governance standards, building off its recently earned the WELL Health-Safety Certification by the International Well Building Institute (IWBI). The requirements cover areas including cleaning and sanitization procedures, air and water quality management and emergency preparedness programs.by the International WELL Building Institute™. Additionally, the company will remain focused on supporting its multi-generational workforce, ensuring more flexible work arrangements and equipping its employees with enabling technology that ultimately will allow Equitable to be a more agile and efficient company that will continue to attract the best available talent. The company is also committed to continuing its philanthropic, community engagement and social impact work in the region. Equitable Foundation provides ongoing support for Syracuse area organizations including: the Milton J. Rubenstein Museum of Science and Technology (MOST), the Food Bank of Central New York,  Syracuse Honor Fight, Griffin’s Guardians and with ERIE21, an initiative led by Le Moyne College, and its Lock 2 high school program which aids high school students in timely completion of a high school degree. Mark Pearson, CEO of Equitable, said, “Equitable has been proud to call Syracuse home since 1967. As a leading employer in the market, we know firsthand Central New Yorkers are resilient, committed and talented – characteristics we value and admire at Equitable. Today’s announcement reaffirms our commitment to the region. We look forward to being an active community partner in the Syracuse revitalization effort and having a lasting social impact for future generations.” ESD is providing Equitable with up to $9 million in Upstate Revitalization Initiative grant funding in exchange for a commitment by the company to invest in upgrades to its presence in Syracuse and retain jobs in that city and across the state. The total project cost has been estimated to be $65 million. In February of 2021, the company announced that it would relocate its corporate headquarters within New York City to 1345 Avenue of the Americas by 2024, where the company has maintained a presence since its founding in 1859. The company also maintains local branch offices across the state in Binghamton, Buffalo, Clifton Park, Long Island and Syracuse. Syracuse Mayor Ben Walsh said, “Equitable’s presence atop the cityscape of Syracuse is a point of pride, and the company’s people are a valued part of our Downtown Syracuse community. I am proud to join Empire State Development in celebrating Equitable’s commitment to remain in the tower buildings that bear its name. I appreciate the company’s continuing investment in Syracuse and am grateful for ESD’s partnership in keeping Equitable’s strong presence in the City. With the upcoming expansion of the Tech Garden at the tower plaza and the growth occurring at tech companies in the Center City Innovation Hub, this is more good news for the Syracuse Surge, our strategy for inclusive growth in the New Economy.” This latest project further supports the transformation already underway in downtown Syracuse.  The Central New York Regional Economic Development Council has focused its attention on the rehabilitation of downtown. Those efforts include the revitalization of the historic Hotel Syracuse, now known as the Marriott Syracuse Downtown, the expansion of the Tech Garden which is helping forward-thinking entrepreneurs to grow their ideas, the renovation of the former Excellus building into the Icon Tower multi-use facility, the redevelopment of the former Post Standard building, and the establishment of online marketplace and software business TCG Players’ innovative headquarters on South Warren street. Syracuse was also recently named as a round five, $10 million Downtown Revitalization Initiative winner. The effort serves as a cornerstone of the state's economic development policy, meant 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. State Senator Rachel May said, “Syracuse is a great place to live and work, and the revitalization we have seen downtown over the past years is proof of that. I am glad to see Equitable staying here in Syracuse to continue to be a part of this exciting growth, and the state has been able to make an investment to make that possible.” Assemblyman William B. Magnarelli said, “Equitable continues to be a long-standing pillar in our city “Its commitment to serving Central New York through local programming with our local organizations and educational foundations continues to enhance many in our community.” County Executive Ryan McMahon said, “Thank you to Equitable for renewing its longstanding commitment to the City of Syracuse and Onondaga County. The company’s towers serve as a welcome to both residents and visitors alike. We are looking forward to our continued partnership with this historic company which has been creating high-quality jobs for the residents of our community for many decades”. About Equitable Equitable, a principal franchise of Equitable Holdings, Inc. (NYSE: EQH), has been one of America’s leading financial services providers since 1859. With the mission to help clients secure their financial well-being, Equitable provides advice, protection and retirement strategies to individuals, families and small businesses. Equitable has more than 8,000 employees and Equitable Advisors financial professionals and serves 2.8 million clients across the country. For additional information about Equitable, visit: https://equitable.com/. 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. About Empire State Development  Empire State Development (ESD) 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 New York State 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, please visit www.regionalcouncils.ny.gov and www.esd.ny.gov. Contact: Shari Vincent | [email protected]| (585)399-7055 | (800) 260-7313 Press Office | [email protected] | (800) 260-7313
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Report

Friday, January 7, 2022 - 4:56pm
Tourism and Business Marketing Report FY 2020/2021
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