Regeneron: a global leader in biotech innovation
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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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Press Release
Thursday, April 29, 2021 - 2:36pm
Empire State Development today announced the grand opening and expansion of the Nicholas Center and Spectrum Designs, partner organizations specializing in supporting individuals on the Autism Spectrum, including vocational training to make screen printed and promotional products in Pleasantville, Westchester County. The Long Island-based Nicholas Center and its partner organization, Spectrum Designs Foundation, have expanded to Westchester County and will employ individuals on the Autism Spectrum who receive personalized, extensive pre- and on-the-job training to be successful and gain valuable skills in the workforce.
"As we focus on our economic recovery, we want to make sure that critical job training opportunities are available to all New Yorkers," Lieutenant Governor Kathy Hochul said. "New York State is proud to support the grand opening and expansion of the Nicholas Center and Spectrum Designs, which will employ and provide personalized, extensive pre- and on-the-job training to individuals on the Autism Spectrum. This is how we make success accessible for the post-pandemic future."
Empire State Development Acting Commissioner and President & CEO-designate Eric Gertler said, “Investing in our workforce is vitally important across the state, especially as we recover and rebuild our economy in the wake of the COVID-19 crisis. We are very fortunate to have partners such as The Nicholas Center and Spectrum Designs Foundation who are providing training and support for those with disabilities, so they have an opportunity for meaningful employment and more importantly, a sense of accomplishment and well-being that truly benefits the entire community.”
New York State Department of Labor Commissioner Roberta Reardon said, “This partnership is the perfect example of how we can work together to support all members of our workforce, including those with disabilities, by providing them with training and connecting them with jobs they love. I applaud The Nicholas Center and Spectrum Designs for their dedication to supporting their communities, and more importantly for helping all employees thrive.”
Co-Founder & CEO of Spectrum Designs Foundation, Patrick Bardsley said, “Our end goal is always to provide more paying jobs to this very talented, yet under-served, population. We are so fortunate to have found a home in Pleasantville and look forward to hiring and retaining even more accomplished individuals who will excel in the various production and administrative roles that we have to offer.”
Co-Founder and Executive Director of The Nicholas Center, Nicole Sugrue said, “We are proud to have expanded our services to Westchester County and to partner with many organizations, businesses and neighbors in the region to further our mission. Thank you to the Mid-Hudson REDC and the Governor's Workforce Development Initiative for their unwavering support. For 10 years, working with our partner Spectrum Designs Foundation, we have addressed some of the most pressing issues facing the Autism community and developed innovative solutions to drive transformational change, even during the greatest health crisis of our time. We have worked to advance inclusion, bridge gaps in service disparities, and support the needs of people with Autism across Long Island, and now in Westchester.”
Spectrum Designs Foundation has invested over $2.2 million to purchase and equip an 8,400 square foot commercial property in Pleasantville to expand their custom apparel and promotional products business, allowing them to produce twice as many goods while enriching the Westchester community. To assist with this project, the Mid-Hudson Regional Economic Development Council awarded Spectrum Designs Foundation a Round IX Capital Grant of $240,000 through Empire State Development for this project which will create 18 new jobs in the next three years.
Additionally, both Spectrum Designs Foundation and the Nicholas Center have been awarded $300,000 through the Governor’s $175 million Workforce Development Initiative. Since 2019, when Governor Cuomo announced $175 million State investment for job training projects, nearly $32 million dollars in awards have been announced to 278 projects benefitting more than 18,000 New York workers to support strategic regional efforts that meet businesses’ short-term workforce needs, long-term industry needs, improve regional talent pipelines, enhance the flexibility and adaptability of local workforce entities, and expand workplace learning opportunities.
Mid-Hudson REDC Chair Donald P. Christian, President of SUNY New Paltz said, “As we emerge from the COVID-19 crisis, continuing the focus on workforce development is integral to the recovery of the regional economy. We are proud to support The Nicholas Center and Spectrum Designs Foundation, which will offer access to job coaches and training for individuals on the Autism Spectrum as well as community programs at Spectrum Designs, further promoting opportunities and inclusivity in the workforce.”
State Senator Peter B. Harckham said, “The presence of the Nicholas Center and its partner Spectrum Designs here in Pleasantville represents a strong and broad commitment to meeting the needs of unique individuals in the Autism arena, while also confirming the idea that diversity and inclusion enrich all of us. In creating commercial operations that offers Autistic people opportunities to learn, grow and interact meaningfully with other residents, the Nicholas Center is helping to reboot New York’s post-pandemic economy as well. This wholehearted effort, combined with investments from Empire State Development’s Mid-Hudson Regional Economic Development Council and Governor Cuomo’s Workforce Development Initiative, is another step toward a more equitable future for our society.”
Assemblyman Thomas J. Abinanti said, “I applaud the Spectrum Design and Nicholas Center’s innovative model, which gives people with disabilities real employment while meeting the community’s needs for various products. Their model proves again that we should look not at people’s disabilities, but their abilities. And that everyone, if given the chance, can make a contribution to our community.”
Westchester County Executive George Latimer said, “I would like to thank Empire State Development for their leadership on this very important project, which at the end of the day fills an important need for people with Autism and other disabilities. The Nicholas Center creates an opportunity for individuals on the Autism Spectrum to access the training they need to become fully integrated into the workforce and provides an opportunity for them to lead productive lives through their careers.”
Pleasantville Mayor Peter Scherer said, “We are delighted to welcome the Nicholas Center and Spectrum Designs to Pleasantville. The opportunities they offer people with autism — and the products and services that their team will produce — make Pleasantville stronger, better, and more inclusive.”
About The Nicholas Center
A 501(c)(3) nonprofit organization, supporting individuals with Autism and related disabilities in leading full and productive lives in the community and through the world of work. TNC promotes inclusion and offers opportunity via community engagement, vocational training and peer connection.
About Spectrum Designs
Spectrum Designs is a full-service custom apparel and promotional items business with a social mission: to help individuals on the Autism Spectrum lead full and productive lives through the world of work. The Spectrum Enterprises family includes sister organizations Spectrum Bakes, which specializes in homemade granola and other snacks, and Spectrum Suds, a boutique Laundromat. As a nonprofit, 100% of proceeds go to furthering the mission.
Both are located in Port Washington, NY.
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, please visit www.regionalcouncils.ny.gov and www.esd.ny.gov.
Contact:
Kristin Devoe | [email protected] | (518) 414-1087
Press Office | [email protected] | (800) 260-7313
Press Release
Thursday, April 29, 2021 - 2:34pm
Empire State Development today announced the grand opening and expansion of the Nicholas Center and Spectrum Designs, partner organizations specializing in supporting individuals on the Autism Spectrum, including vocational training to make screen printed and promotional products in Pleasantville, Westchester County. The Long Island-based Nicholas Center and its partner organization, Spectrum Designs Foundation, have expanded to Westchester County and will employ individuals on the Autism Spectrum who receive personalized, extensive pre- and on-the-job training to be successful and gain valuable skills in the workforce.
"As we focus on our economic recovery, we want to make sure that critical job training opportunities are available to all New Yorkers," Lieutenant Governor Kathy Hochul said. "New York State is proud to support the grand opening and expansion of the Nicholas Center and Spectrum Designs, which will employ and provide personalized, extensive pre- and on-the-job training to individuals on the Autism Spectrum. This is how we make success accessible for the post-pandemic future."
Empire State Development Acting Commissioner and President & CEO-designate Eric Gertler said, “Investing in our workforce is vitally important across the state, especially as we recover and rebuild our economy in the wake of the COVID-19 crisis. We are very fortunate to have partners such as The Nicholas Center and Spectrum Designs Foundation who are providing training and support for those with disabilities, so they have an opportunity for meaningful employment and more importantly, a sense of accomplishment and well-being that truly benefits the entire community.”
New York State Department of Labor Commissioner Roberta Reardon said, “This partnership is the perfect example of how we can work together to support all members of our workforce, including those with disabilities, by providing them with training and connecting them with jobs they love. I applaud The Nicholas Center and Spectrum Designs for their dedication to supporting their communities, and more importantly for helping all employees thrive.”
Co-Founder & CEO of Spectrum Designs Foundation, Patrick Bardsley said, “Our end goal is always to provide more paying jobs to this very talented, yet under-served, population. We are so fortunate to have found a home in Pleasantville and look forward to hiring and retaining even more accomplished individuals who will excel in the various production and administrative roles that we have to offer.”
Co-Founder and Executive Director of The Nicholas Center, Nicole Sugrue said, “We are proud to have expanded our services to Westchester County and to partner with many organizations, businesses and neighbors in the region to further our mission. Thank you to the Mid-Hudson REDC and the Governor's Workforce Development Initiative for their unwavering support. For 10 years, working with our partner Spectrum Designs Foundation, we have addressed some of the most pressing issues facing the Autism community and developed innovative solutions to drive transformational change, even during the greatest health crisis of our time. We have worked to advance inclusion, bridge gaps in service disparities, and support the needs of people with Autism across Long Island, and now in Westchester.”
Spectrum Designs Foundation has invested over $2.2 million to purchase and equip an 8,400 square foot commercial property in Pleasantville to expand their custom apparel and promotional products business, allowing them to produce twice as many goods while enriching the Westchester community. To assist with this project, the Mid-Hudson Regional Economic Development Council awarded Spectrum Designs Foundation a Round IX Capital Grant of $240,000 through Empire State Development for this project which will create 18 new jobs in the next three years.
Additionally, both Spectrum Designs Foundation and the Nicholas Center have been awarded $300,000 through the Governor’s $175 million Workforce Development Initiative. Since 2019, when Governor Cuomo announced $175 million State investment for job training projects, nearly $32 million dollars in awards have been announced to 278 projects benefitting more than 18,000 New York workers to support strategic regional efforts that meet businesses’ short-term workforce needs, long-term industry needs, improve regional talent pipelines, enhance the flexibility and adaptability of local workforce entities, and expand workplace learning opportunities.
Mid-Hudson REDC Chair Donald P. Christian, President of SUNY New Paltz said, “As we emerge from the COVID-19 crisis, continuing the focus on workforce development is integral to the recovery of the regional economy. We are proud to support The Nicholas Center and Spectrum Designs Foundation, which will offer access to job coaches and training for individuals on the Autism Spectrum as well as community programs at Spectrum Designs, further promoting opportunities and inclusivity in the workforce.”
State Senator Peter B. Harckham said, “The presence of the Nicholas Center and its partner Spectrum Designs here in Pleasantville represents a strong and broad commitment to meeting the needs of unique individuals in the Autism arena, while also confirming the idea that diversity and inclusion enrich all of us. In creating commercial operations that offers Autistic people opportunities to learn, grow and interact meaningfully with other residents, the Nicholas Center is helping to reboot New York’s post-pandemic economy as well. This wholehearted effort, combined with investments from Empire State Development’s Mid-Hudson Regional Economic Development Council and Governor Cuomo’s Workforce Development Initiative, is another step toward a more equitable future for our society.”
Assemblyman Thomas J. Abinanti said, “I applaud the Spectrum Design and Nicholas Center’s innovative model, which gives people with disabilities real employment while meeting the community’s needs for various products. Their model proves again that we should look not at people’s disabilities, but their abilities. And that everyone, if given the chance, can make a contribution to our community.”
Westchester County Executive George Latimer said, “I would like to thank Empire State Development for their leadership on this very important project, which at the end of the day fills an important need for people with Autism and other disabilities. The Nicholas Center creates an opportunity for individuals on the Autism Spectrum to access the training they need to become fully integrated into the workforce and provides an opportunity for them to lead productive lives through their careers.”
Pleasantville Mayor Peter Scherer said, “We are delighted to welcome the Nicholas Center and Spectrum Designs to Pleasantville. The opportunities they offer people with autism — and the products and services that their team will produce — make Pleasantville stronger, better, and more inclusive.”
About The Nicholas Center
A 501(c)(3) nonprofit organization, supporting individuals with Autism and related disabilities in leading full and productive lives in the community and through the world of work. TNC promotes inclusion and offers opportunity via community engagement, vocational training and peer connection.
About Spectrum Designs
Spectrum Designs is a full-service custom apparel and promotional items business with a social mission: to help individuals on the Autism Spectrum lead full and productive lives through the world of work. The Spectrum Enterprises family includes sister organizations Spectrum Bakes, which specializes in homemade granola and other snacks, and Spectrum Suds, a boutique Laundromat. As a nonprofit, 100% of proceeds go to furthering the mission.
Both are located in Port Washington, NY.
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, please visit www.regionalcouncils.ny.gov and www.esd.ny.gov.
Contact:
Kristin Devoe | [email protected] | (518) 414-1087
Press Office | [email protected] | (800) 260-7313
Press Release
Tuesday, April 27, 2021 - 5:10pm
Empire State Development (ESD) today announced the Niagara Falls Strategic Economic Development Fund, a fund dedicated to the revitalization of Niagara Falls through capital investments in targeted areas along Niagara Street, Main Street, Portage Road, and Pine Avenue. Projects funded through the program will enhance mixed-use, walkable commercial corridors; support and grow new businesses and entrepreneurship; connect to the waterfront and existing state investments; and attract tourists from downtown into adjoining neighborhoods. The new fund, which seeks to award at least $10 million in projects, is part of Governor Andrew M. Cuomo’s Buffalo Billion initiative.
“The Niagara Falls Strategic Economic Development Fund will leverage recent investments in the city’s waterfront and downtown to create better connections to nearby neighborhoods,” said Empire State Development Acting Commissioner and President & CEO-designate Eric Gertler. “The fund aims to re-envision and reinvigorate this broader, interconnected area as a destination for residents, businesses and tourists.”
ESD, USA Niagara, and the City of Niagara Falls will be hosting a virtual information session tonight at 6 p.m. for stakeholders in the project target areas to learn about project origins, goals, outcomes and process. Participants will also learn about how they can participate in the process through digital project idea submissions. Register for the Stakeholder Information Meeting here.
Through the establishment of program goals, an analysis of economic and land use data, review of past investments, and in-depth stakeholder engagement, ESD and its subsidiary USA Niagara Development Corporation (USAN), in partnership with the City of Niagara Falls and University at Buffalo Regional Institute (UBRI), are developing a portfolio of catalytic projects aimed at improving economic conditions in the City of Niagara Falls. The fund will support these projects.
Since 2011, New York State has invested more than $315 million in the City of Niagara Falls in a concerted effort to realize and expand the economic benefits of its nearly 9 million annual visitors. Investments in downtown Niagara Falls have included: upgrades to Niagara Falls State Park; revitalization efforts including eight new hotels and the restoration of Old Falls Street; and the strategic acquisition of a number of key underutilized properties for new mixed-use development. In addition, the state has completed the transformational removal of the Robert Moses Parkway, creating a 140-acre unbroken, fully accessible ribbon of green space that maximizes uses along the city’s 10-mile waterfront on the Upper Niagara River and Niagara Gorge and reconnects the city to the waterfront. North Main Street was also named a NYS Downtown Revitalization Initiative winner, and is leveraging the removal of the Parkway and investments in the Underground Railroad Heritage Center and Niagara Falls Train Station to recreate a strong business district reconnected to the Niagara Gorge.
City of Niagara Falls Mayor Robert Restaino said, “The areas for capital investment envisioned by this fund will expand the opportunities in critical neighborhoods adjacent to or within walking distance of our downtown tourist sector. This will continue the momentum that is driving investment interest in Niagara Falls. Our City appreciates the continued interest and investment in Niagara Falls by the Governor and State officials recognizing the importance of our community to the entire region.”
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 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, please visit www.regionalcouncils.ny.gov and www.esd.ny.gov.
Contact:
Pamm Lent | [email protected] | (716) 846-8309
Laura Magee | [email protected] | (716) 846-8239
Board Meeting
Thursday, April 22, 2021 - 9:30am
Due to public health concerns and as authorized by Executive Order of the Governor, 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 4:30 pm on Wednesday, April 21, 2021.
Press Release
Wednesday, April 21, 2021 - 2:43pm
State-of-the-Art Facility Manufacturing Corrugated Cardboard Packaging in Wallkill Will Create 50 New Jobs
Empire State Development today announced the groundbreaking of President Container Group’s state-of-the-art 100,000-square-foot expansion in Wallkill, Orange County. President Container Group, a family-owned business in operation for over 70 years, manufactures corrugated packaging such as sheets, boxes, trays, partitions and point-of-sale displays. The $40 million expansion will house President Container Group’s second state-of-the-art corrugator and new converting equipment, which will substantially increase the company’s manufacturing capacity. Empire State Development awarded up to $3 million in Excelsior Jobs Tax Credits in exchange for President Container Group’s investment and a commitment to create 50 new jobs at the facility.
Empire State Development Acting Commissioner and President & CEO-designate Eric Gertler said, “The expansion of President Container Group’s manufacturing facility in Orange County represents a $40 million investment in the region and will ensure that job retention and creation in the region are maintained in the manufacturing sector, which is an integral part of the region’s economic strategy.”
Larry Grossbard, Co-President, President Container Group said, “We are extremely proud to break ground on President Container’s 100,000 square foot expansion at our state-of-the-art super plant in Wallkill, NY. Our theme is “Manufacturing For The Next Generation” and we are proud to be part of this community. We are extremely grateful for all of our essential partners. Our deep thanks to those great teams for being accessible and helpful. We appreciate everyone’s support and expertise every day. It’s great to run a business in this community when you have this level of support.
President Container Group’s expansion will ensure that job retention and creation in the region are maintained in the manufacturing sector, which is an integral part of the region’s economic strategy. Additionally, not only has President Container Group invested in the newest industry technologies, making it the premier and largest corrugated manufacturing facility in North America under one roof, this project will bolster the local supply chain, and employ talent in the Mid-Hudson Region.
Assemblywoman Aileen M. Gunther said, “I want to congratulate President Container Group on their tremendous investment. This expansion will mean dozens of new jobs for our area and shows that Middletown is open for business. President Container’s usage of sustainable materials in their manufacturing process will ensure that they continue to thrive.”
State Senator Mike Martucci said, “Success breeds success, and as President Container deepens its roots in our community, we all will benefit. The company is to be commended on their commitment to excellence in their industry, their leadership in technology and sustainability, and their pivotal role as a business partner. As state Senator and a small business owner, I am pleased to see this investment in local job creation and economic growth by President Container with the generous support of Empire State Development.”
Orange County Executive Steven M. Neuhaus said, “I commend Empire State Development for making this investment into President Container and Orange County. The expansion will create jobs at the facility and increase the innovative company’s manufacturing capacity. This is a win for President Container and the County, and I thank the ESD for awarding President Container these Excelsior Jobs Tax Credits.”
Wallkill Town Supervisor Frank DenDanto III said, “President Container brings good jobs and important tax revenue to our community, and we are very proud this industry leader is expanding in our town.”
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, please visit www.regionalcouncils.ny.gov and www.esd.ny.gov.
About President Container Group
President Container Group is a leading manufacturer of corrugated shipping containers and point-of-purchase displays in North America. It specializes in items for the food and beverage, cosmetic, garment and other commercial industries, and produces more than 2 billion square feet of corrugated products annually. President Container, which uses sustainable materials, also customizes your packaging by printing multicolored graphics of the highest quality directly onto your containers. The company’s philosophy is to ensure complete customer satisfaction. Visit presidentcontainergroup.com.
Contact:
Kristin Devoe | [email protected] | (518) 414-1087
Press Office | [email protected] | (800) 260-7313
Press Release
Wednesday, April 21, 2021 - 10:23am
Provides Over $1 Million Annually for Job Creation and Training Programs that Support a Diverse and Inclusive Workforce in the Motion Picture and Television Production and Post-Production Industries
Eligible Training Programs May Receive Up to $500,000
Empire State Development today announced the launch of the New York Entertainment Workforce Diversity Grant Program. More than $1 million annually in matching funds will support diversity and inclusivity in job creation and training programs for New York's film and television industries. The grant program is funded through the Empire State Entertainment Diversity Job Training Development Fund which, at the suggestion of industry leaders, is financed by an allocated percentage from New York State’s film tax credit program.
Empire State Development Acting Commissioner, and President & CEO-designate Eric Gertler said, "Through this important initiative, more than $1 million will support the development of a more diverse and inclusive workforce for one of New York's fastest-growing industries. Film and television production has a multiplier effect in both creating jobs and spending with a significant economic impact on our economy, and this program will help ensure the industry reflects the New York's greatest strength -- our diversity."
Matching grants from $25,000 to $500,000 will be awarded for job creation and training programs that support efforts to recruit, hire, promote, retain, develop, and train a diverse and inclusive workforce. These training programs should aim to provide talent to production and post-production companies in the motion picture and television industries within the state of New York. Eligible applicants will be required to provide 2:1 matching funds and can be a not-for-profit organization or corporation, a for-profit corporation, a guild or a labor union.
Eligible programs include the training of individuals involved in the principle creation of or editing of a film or television product. These skills and crafts include but are not limited to:
Grip/Electric
Carpentry
Writing
Editing
Showrunners
Production Assistant
More information, instructions and registration for the virtual information sessions are available here.
This program is part of a larger statewide initiative to increase diversity and inclusion and create equal opportunities in the film and television industry. This includes the New York State Multicultural Summit, an interactive workshop that guides content creators of diverse backgrounds to better understand and advance their careers within the film and television industry, and PITCHNY®, which provides aspiring young filmmakers, producers and writers from across New York with resources and mentorship from entertainment industry leaders.
Additionally, this program builds upon the successful Film Production Training Program, an unprecedented partnership between New York State, Bronx Community College and IATSE Local 52 to train students for work in union trade crafts, such as property, carpentry and electric.
New York State’s Film and TV Production industry continues to be one of the fastest growing industry sectors across the state. A recent report from HR&A Advisors, an economic development consultant and research agency, found that the New York film and television industry grew 4.5 times faster than the overall State economy, translating to a 55 percent increase from 2004 to 2018, and capturing one in three jobs added to the sector nationwide.
Since media production has been permitted to return at the end of summer 2020, more than 80 productions that applied to participate in the New York State Film Tax Credit Program have returned to work. These productions anticipated hiring over 195,000 individuals over the course of their production and directly spending more than $4 billion dollars across New York State. In 2019 and 2020 the film tax incentive program led to over $20 billion in anticipated economic impact and supported 114,200 full time jobs. Every dollar in tax credit issued through New York State’s Film Tax Credit Program leads to over $9 in economic activity.
New York State has made unprecedented investments in workforce development. Since 2019, when Governor Cuomo announced $175 million State investment for job training projects, nearly $32 million dollars in awards have been announced to 278 projects benefitting more than 18,000 New York workers. Awarded projects under the new WDI Consolidated Funding Application will support strategic regional efforts that meet businesses’ short-term workforce needs, long-term industry needs, improve regional talent pipelines, enhance the flexibility and adaptability of local workforce entities, and expand workplace learning opportunities.
Motion Picture Association Chairman & CEO Charles Rivkin said, “We are proud to be part of the development of this important program to create a more diverse production workforce in New York and look forward to working with our companies to facilitate this new pipeline for employment.”
IATSE International Vice President and Local 52 President John Ford said, "Local 52 looks forward to engaging in these programs as they come to fruition. Thanks to the support of the Governor and the Legislature, we anticipate the need for a diverse workforce trained to provide production with the people they need to get the job done.”
Chair, Post New York Alliance President and COO Trevanna Post Yana Collins Lehman said, “The Post New York Alliance looks forward to participating in the NYS workforce development program. We share ESDs strong commitment to extending opportunities to all communities in New York State and to diversifying the film and television post-production industry.”
About the Governor's Office of Motion Picture & Television Development
The New York State Governor's Office of Motion Picture & Television Development, a division of Empire State Development, aims to grow and support the film, television and commercial industry by guiding filmmakers through the many programs and assets New York State has to offer, promoting and publicizing the state’s infrastructure, talent and film production, post-production, and commercial tax incentives for qualified expenditures in New York State. The office also serves as a liaison between production companies and city and local governments, state agencies, a network of statewide contacts, local film offices and professional location scouts and managers. More information on filming in New York State or the Film Production and Post Production Tax Credit Programs can be found here.
About Empire State Development
Empire State Development is New York’s chief economic development agency. The mission of ESD is to promote a vigorous and growing economy, encourage the creation of new job and economic opportunities, increase revenues to the State and its municipalities, and achieve stable and diversified local economies. Through the use of loans, grants, tax credits and other forms of financial assistance, ESD strives to enhance private business investment and growth to spur job creation and support prosperous communities across New York State. ESD is also the primary administrative agency overseeing 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 can be found here and here.
Contact:
Kristin Devoe | [email protected] | (518) 414-1087
Press Office | [email protected] | (800) 260-7313
Public Notice
Tuesday, April 20, 2021 - 5:30pm
Press Release
Tuesday, April 20, 2021 - 1:06pm
Microelectronics and Photonics Packaging Company to Apply Additional Seed Investment to Continue Aggressive Growth Initiatives.
New York Ventures Provides Capital to Grow and Support Early-Stage, High-Growth Startups Located in New York State Through Direct Investments
Empire State Development (ESD) today announced a $250,000 investment in Mosaic Microsystems, a Rochester based microelectronics and photonics packaging company. This investment was provided by New York Ventures, the venture capital arm of Empire State Development. A total of $2.4 million in funding was raised in this round, led by strategic investors Samtec and Corning Incorporated. The company has also received substantial non-dilutive funding through the Department of Defense’s Small Business Innovation Research (SBIR) program, including a current Phase II project with GE Research and the Air Force Research Lab (AFRL) in Rome, Oneida County.
Mosaic Microsystems is a semiconductor packaging company that has commercialized the use of thin glass substrates with through glass vias (TGVs) for next generation microelectronics and photonics, such as 5G technology. This portion of the seed financing will provide capital to expand Mosaic’s output, enabling the company to meet the needs of its growing customer base.
Empire State Development Acting Commissioner and President & CEO-designate Eric Gertler said, “New York Ventures and ESD are continuing to support the growth of diverse entrepreneurs in high-growth startups across New York State. The investment in Mosaic is yet another example of how the public and private sectors can work together to support technology innovation that strengthens our state’s global competitiveness in advanced manufacturing.”
Mosaic CEO Christine Whitman said, “Mosaic has unlocked the potential for volume manufacturing of 5G wireless filters and antennae in glass. The industry has recognized that thin glass has advantages over ceramic packaging, notably lower electrical loss. Despite these benefits, market adoption of glass has been limited due to tough challenges like glass wafer handling. Mosaic has solved these challenges and developed the ability to integrate new features.
Mosaic Microsystems Board Member, and Corning executive, David Velasquez, said, “Consumers demand high-quality cell service and faster streaming wherever they are. That means that our mobile devices need more efficient filters and antennas. The properties of glass make it a great solution for these device components, which enable next-generation telecommunications to support faster, seamless connections. Corning is pleased to see the progress in the commercialization of this important technology, and we’re excited to work with New York Ventures and ESD to support the growth of New York State’s semiconductor manufacturing infrastructure.”
Historically, New York State has had a major role in the growth of the global semiconductor industry, with pioneering developments of IBM in the Southern Tier and Hudson Valley and XEROX in Rochester. As of 2019, the semiconductor industry in New York State ranks third in the U.S., supporting over 34,400 jobs in 88 facilities, approximately $4.7 billion in wages, and $1.7 billion in exports by value. New York State has many prominent private sector partners, including IBM, Global Foundries, ON Semi, Applied Materials, Tokyo Electron, AIM Photonics, Corning, GE, and Cree. These companies have facilities located in communities across the entire state, including, the Capital Region Finger Lakes Region, Southern Tier, Mohawk Valley Region, and Mid-Hudson Region. There is also a vibrant start-up ecosystem for this industry which includes Menlo Micro, NextGen Power Systems, and Odyssey Semiconductor.
About New York Ventures
New York Ventures is the venture capital investment arm of Empire State Development, New York State’s economic development agency. New York Ventures supports and invests in diverse entrepreneurs and their high growth companies across the state to secure a healthy, sustainable and economically vibrant future for all New Yorkers. More information is available here.
About Mosaic Microsystems
Mosaic Microsystems is a microelectronics and photonics packaging company located in Rochester, NY. Mosaic delivers robust solutions to enable thin glass products for exciting initiatives in RF communications, particularly for 5G, as well as advanced packaging, MEMs and sensors for the internet of things (IoT). Mosaic’s solutions provide customers with the ability to establish high volume manufacturing of thin glass solutions using existing industry standard equipment and processes. For more information on Mosaic Microsystems, please visit www.mosaicmicro.com
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 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, please visit www.regionalcouncils.ny.gov and www.esd.ny.gov.
Contact:
Kristin Devoe | [email protected] | (518) 414-1087
Press Office | [email protected] | (800) 260-7313
Press Release
Tuesday, April 20, 2021 - 11:55am
Investment Complements “Finger Lakes Forward” – The Region’s Comprehensive Strategy to Revitalize Communities and Grow the Economy
Empire State Development (ESD) today announced that Assured Edge Solutions plans to grow its manufacturing operations at the Cornell Agriculture and Food Technology Park in the City of Geneva. The custom vegetable processing and co-packing company will move from its current location on the campus into a new building that will be under construction soon. Moving into the new space will allow the innovative company to create up to 21 new jobs; 14 jobs will be retained. Assured Edge Solutions expects to be operational in the new space in the fall of 2021.
Empire State Development Acting Commissioner and President & CEO Eric Gertler said, “The Cornell Agriculture and Food Technology Park in Geneva, with its focus on agribusiness-related biotech research, has been instrumental in Assured Edge Solution’s continued growth. Their collaboration is a great example of what can be achieved when our top-tier universities partner with New York State businesses.”
ESD is assisting Assured Edge Solutions with the expansion project with up to $150,000 through the Excelsior Tax Credit Program. Ontario County and Greater Rochester Enterprise also collaborated on the project. The total project cost for the relocation has been placed at $201,000. The expansion of the second building at the technology park where Assured Edge Solutions will be located is also being supported by a $1.47 million federal EDA grant and a $500,000 Consolidated Funding Application (CFA) round five grant from Empire State Development.
Dan Rao, President of Assured Edge Solutions said, “We are very excited to be able to partner with Empire State Development to expand our operations as well as remain local here in the City of Geneva. We identified the area’s need to have small to mid-size custom vegetable processing and co-packing capabilities and as a result our company has grown significantly. We look forward to this next phase of growth.”
Assured Edge Solutions, which was founded in 2012, produces custom ingredient and co-packs for a variety of customers. Their operations range from raw ingredient processing to custom blend manufacturing. Additionally, Assured Edge Solutions partners to co-pack organic frozen vegetables for a major local retailer. The company has been running its manufacturing operation at the Technology Park since 2017.
The Cornell Agriculture and Food Technology Park in the City of Geneva is a seventy-two-acre research, development and production campus that is fostering the needs of food and agriculture companies, additionally offering access to college faculty and facilities. Through this public-private initiative, start-up companies, small businesses, and large multinational companies alike are leveraging the resources they need to thrive.
Cathy Young, Director of the Center of Excellence for Food and Agriculture said, “AES is a prime example of a successful food startup that is growing by leaps and bounds, and their progress proves that New York State is an outstanding place to accelerate your business. Dan Rao and his team are great innovators whose story of hard work and perseverance is an inspiration to other entrepreneurs. Their journey of beginning in the incubator space at the Cornell Agriculture and Food Technology Park and expanding to a new manufacturing building on site is a clear demonstration of the incredible ecosystem that exists through Cornell AgriTech, the Center of Excellence and local, state and federal partners. We are grateful that ESD is providing these economic development incentives to grow jobs and opportunities that will reap benefits for families and the region’s economy.”
State Senator Pam Helming said, “Assured Edge Solutions is a Tech Farm success story and I congratulate CEO Dan Rao on this exciting expansion. AES’ growth reflects what an incredible asset we have in Cornell AgriTech as an economic driver for food, beverage and ag businesses. As a member of the Cornell AgriTech Advisory Council, I am proud to champion their work and to support the City and County in putting Geneva, Ontario County and the Finger Lakes on the map as a leading location for food, beverage and ag businesses. Thank you to Empire State Development, Ontario County and everyone involved for this shared commitment to growing businesses and jobs in our vital ag and food industry.”
State Assemblyman Jeff Gallahan said, “Agriculture is an extremely important sector of our local economy. The expansion of Assured Edge Solutions is a testament to the success of the Cornell Agriculture and Food Technology Park and their work to incubate agriculture businesses. This new project will bring good paying agriculture jobs to our community. It is great to see the hard work of Empire State Development assist in expanding Assured Edge Solutions in the City of Geneva.”
Ontario County Industrial Development Executive Director Mike Manikowski said, “As Chairman of the Tech Farm Board and as the Economic Development Director for Ontario County I am happy to learn of the State’s support for Assured Edge Solutions (AES). AES, headed by its CEO Dan Rao, has been a tenant of ours for several years now. We welcome their growth and see them as an anchor tenant for Tech Farm 2. The innovative products that AES produces have added to the Finger Lakes agricultural bounty and provided good stable jobs for the City of Geneva and Ontario County. Working in partnership with the City, County and State the Tech Farm continues to add new innovative ag, food and beverage businesses to our area.”
Matt Hurlbutt, President and CEO, Greater Rochester Enterprise said, “Assured Edge Solutions is thriving in the Greater Rochester, NY region because of the world-class R&D assets at Cornell AgriTech, fully integrated food and beverage manufacturing supply chain, and highly skilled talent. The GRE team connected Assured Edge Solutions to local partners and resources to accelerate their business growth plan.”
For additional information about Assured Edge Solutions, visit: http://assurededge.com/.
For additional information about the Center of Excellence for Food and Agriculture visit: https://cals.cornell.edu/cornell-agritech/partners-centers-institutes/center-excellence-food-agriculture.
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 $8.07 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. 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