Expansion will Support Quantum Computing, AI, and Research and Development for the Semiconductor Industries Empire State Development (ESD) today announced the completion of SEEQC’s combined 12,000 square foot, newly renovated, multilayer, superconductive chip foundry and quantum product development and testing center in Elmsford, Westchester County.  SEEQC’s state-of-the-art facility will significantly expand its capacity to fabricate the world’s most complex superconductor electronics for quantum computing, AI, and sensor and detectors and to test and integrate superconductive chips into its state-of-the-art quantum computing systems.  “This is a great announcement for Westchester and for New York’s chip fabrication and quantum computing future,” said Lieutenant Governor Antonio Delgado. “SEEQC is uniquely positioned to make gains in the Quantum computing space which, in addition to being a job generator, has the potential to accelerate our progress in the fight against climate change.” ESD President, CEO and Commissioner Hope Knight said, “SeeQC’s new facility is great news for the Mid-Hudson Region and couldn’t be more-timely. Ensuring that we are investing in New York companies as we continue the national effort to reshore the semiconductor industry and its supply chain will only strengthen our economy, grow jobs and keep New Yorkers in New York.  This funding will go a long way to helping SEEQC make groundbreaking advancements in the quantum computing and keep New York State a leader in growing the semiconductor industry.” NYPA Interim President and CEO Justin E. Driscoll said, “We’re excited to support this impactful expansion project by Quantum Computing as it will bring new jobs and capital investments to Westchester County. The ReCharge NY program has been a catalyst for job creation and retention all across the state and this project is another example of how businesses can leverage the state’s low-cost hydropower to reduce operating costs so that they can stay and grow in New York.” “We are building a full stack, energy efficient and scalable quantum computing platform, and each design we create for a customer or partner requires the unique product development and test capabilities that can only be supported in a facility like ours,” said John Levy, CEO and co-founder of SEEQC. “Whether it’s Single Flux Quantum (SFQ) readout and control chips, classical superconducting co-processors, multi-chip modules or next generation qubits, we now have the capability of manufacturing and characterizing them all — we believe this capability is unmatched in the quantum computing ecosystem.” MHREDC Co-Chairs Dr. Marsha Gordon, President & CEO of The Business Council of Westchester and Dr. Kristine Young, president of SUNY Orange said, “The Mid-Hudson Regional Economic Development Council continues to pinpoint strategic investments that will help the state unleash the talent of our regional workforce and SEEQC’s expansion in Westchester County is a perfect example of investing in clusters that pay dividends back to the community.” The new and expanded facility houses a complete fabrication line for micromachined devices and thin filmed circuits, a clean room for wafer procession, photo our lithographic equipment, CAD tools and workstation, high speed and low noise test equipment, and electromagnetically shielded rooms for low noise measurements.  SEEQC purchased and installed new capital equipment for the existing manufacturing plant; acquired new test and measurement equipment for testing laboratories and design workstations and tools for a new superconducting integrated circuit design lab. The state-of -the-art foundry encompasses design, fabrication, packaging and testing of superconductive integrated circuits (ICs).   The Mid-Hudson Regional Economic Development Council recommended a $600,000 Empire State Development capital grant to support the expansion and renovation of SEEQC’s new 7,000 square foot chip foundry and associated costs of machinery and equipment. In addition, the New York Power Authority is supporting the expansion with 156 kilowatts of low-cost power from the ReCharge NY program. In exchange for state support, SEEQC has agreed to create 29 new jobs and retain 9 existing jobs at their Elmsford facility.  Senate Majority Leader Andrea Stewart-Cousins said, "As we enter a new era of tech industries, New York stands shovel-ready with the infrastructure and workforce necessary to forge the future. This ESD grant of $600K towards the $3 million SeeQC project in Elmsford is the latest economic win for our state, bringing jobs and growth to our communities. As we build on the momentum of the CHIPS and Science Act, along with our state Green CHIPS legislation, we are proudly ensuring that 21st century manufacturing will once again be made in New York." Assemblymember Thomas J. Abinanti said, “New York is leading the way to a better life for all Americans —partnering with the most technologically advanced companies to manufacture the elements needed for today’s and tomorrow’s state of the art computers. This partnership brings more jobs to our communities and attracts other similar companies.  I applaud the Hochul administration’s effort to keep New York moving forward.” Westchester County Executive George Latimer said, “Westchester is a home for all types of economic development – and this ribbon cutting is just more proof. The work done inside these walls will solidify our region and State as a leader in the quantum computing field while bringing even more good jobs to our county. I thank the Governor, the Lieutenant Governor, ESD and SEEQC for their efforts to continue to build a better future for all who call New York, and Westchester, home.” Town of Greenburgh Town Supervisor Paul Feiner said, “We are thrilled that New York State is working with businesses like SEEQC. This company is developing the first digital quantum computing platform for global businesses.  This is the kind of company that will provide jobs and services that are needed in the future. We are proud that a world leader in commercial superconductive electronic solutions has chosen to make their home in Greenburgh and are grateful to the Empire State Development and to the Governor, Lieutenant Governor and state leaders for their efforts helping to encourage the company to locate here in our town. We will do whatever we can to make this company feel proud of their decision to be part of the Greenburgh community.” Village of Elmsford Mayor Robert Williams said, “The Village of Elmsford is very excited to have SEEQC right in our back yard in the Town of Greenburgh. This newly renovated facility is an asset to both communities. During the renovation the project brought in many construction jobs and now that it is completed will bring in permanent jobs. It is an honor to have a company such as SEEQC doing such high-tech work here.  We are excited and can’t wait to see the great work coming out of the new facility. We congratulate CEO and Co-Founder John Levy and his company for the completed renovations and wish him much success.” 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.    About SEEQC.: SEEQC. is developing the first fully digital quantum computing platform for global businesses. SEEQC combines classical and quantum technologies to address the efficiency, stability and cost issues endemic to quantum computing systems. The company applies classical and quantum technology through digital readout and control technology and a unique chip-scale architecture. SEEQC quantum system provides the energy- and cost-efficiency, speed and digital control required to make quantum computing useful and bring the first commercially-scalable, problem-specific quantum computing applications to market. The company is one of the first companies to have built a superconductor multi-layer commercial chip foundry and through this experience has the infrastructure in place for design, testing and manufacturing of quantum-ready superconductors. SEEQC is a spin-out of HYPRES, the world’s leading developer of superconductor electronics. SEEQC. team of executives and scientists have deep expertise and experience in commercial superconductive computing solutions and quantum computing. SEEQC is based in Elmsford, NY, with facilities in London, UK, and Naples, Italy. Contact: Kristin Devoe | [email protected] | (518) 414-1087 ESD Press Office | [email protected] | (800) 260-7313

Event Co-Hosted with the Motion Picture Association, The New York Latino Film Festival, and the Governor’s Office of Motion Picture & Television Development Hybrid Forum Connected Content Creators with Entertainment Industry Leaders for Career Advice and Guidance Empire State Development (ESD) today held the sixth annual New York State Multicultural Creativity Summit, an in-person and virtual interactive conference that guides content creators of diverse backgrounds to better understand and advance their careers within the film and television industry. Hosted by the Governor's Office of Motion Picture & Television Development (MPTV) and the Motion Picture Association in partnership with the New York Latino Film Festival, the event displays New York State's commitment to promote the inclusion of diverse voices in the entertainment industry. Empire State Development President, CEO and Commissioner Hope Knight said, “ESD is proud to support the Multicultural Creativity Summit and provide opportunities through inclusionary programming that helps underrepresented communities navigate the growing film and television industry. Under Governor Hochul’s leadership, New York State continues to break down barriers to promote opportunity and equitable economic growth for all.” The MPTV works closely with studios, non-profit organizations and film festival curators to promote New York State's talent and help expand pathways for aspiring filmmakers, writers and producers. The interactive summit featured panel discussions that provided advice and guidance for diverse content creators looking to advance their careers in the film and television industry. Speakers at the event included: Brett King, Vice President of Creative Programming, Diversity & Inclusion at Sony Pictures Entertainment; Mahin Ibrahim, Director of Representation and Inclusion Strategies for Disney Studios Content; Dennis Williams, Senior Vice President of Corporate Social Responsibility at Warner Bros. Discovery; and Tiffany Burrell-Lewis, Director of Creative Talent Development for Netflix. This was the sixth Multicultural Creativity Summit, and the first to be hosted in-person since 2020. The first three events were hosted in May 2017 (HBO Theatre), October 2018 (HBO Theatre), and December 2019 (SkySquare Conference Center at Viacom) - all in New York City. In November 2020 and December 2021, the event was presented virtually. Charles Rivkin, Chairman and CEO of the Motion Picture Association, said, "The Motion Picture Association and our member studios are at the forefront of building diversity and inclusion in the film and television industry. Storytelling cannot flourish in this country unless all stories can be authentically told. We are proud to co-host this summit once again with the New York Latino Film Festival and help generate paths for diverse creators throughout our industry." Calixto Chinchilla, Founder and Executive Director of the New York Latino Film Festival, said, "It is remarkable to join the Motion Picture Association and Empire State Development in amplifying the voices of underrepresented creators in the industry. New York State continues to embrace diversity and our commitment to showcasing Latino talent and culture to build proper representation in the film community." Today's Summit is part of a larger statewide initiative to increase diversity and inclusion and create equal opportunities in the film and television industry. In April 2022, Governor Hochul passed a three-year extension of the Film Tax Credit Program that includes a new requirement for productions to create and implement plans to ensure their productions represent the diversity of New York State, starting in 2023. New York State is home to the first-in-the-nation New York Entertainment Workforce Diversity Grant Program. Launched in April 2021, the program provides financial assistance in the form of grants for job creation and training programs that support efforts to recruit, hire, promote, retain, develop and train a diverse and inclusive workforce for the motion picture and television production and post-production industries in New York State. Additionally, the Film & TV Diverse Suppliers Directory was created to increase diversity throughout New York's thriving entertainment industry; helping to connect productions with quality vendors throughout the state and helping local businesses reap the benefits of working with this growing 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 (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 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 ESD Press Office | [email protected] | (800) 260-7313

Five Companies Win $1 Million Each in High Stakes Startup Showdown – Advancing the Innovation Economy in Western New York Governor Kathy Hochul today announced the winners of the eighth annual 43North Finals, New York State’s $5 million startup competition held in Buffalo, in which five companies were each awarded a $1 million investment. In addition to the financial investments, the five winners will relocate their companies to Buffalo and work out of the 43North incubator in the city’s tallest skyscraper, Seneca One. The winners were announced this evening during an awards ceremony at Shea’s Performing Arts Center in Buffalo.      “New York has become a model for fostering innovative economic growth and job creation, and programs like 43North provide essential investment and support to the breakthrough companies of tomorrow,” Governor Hochul said. “I congratulate the five winning companies for capturing this unique opportunity and look forward to seeing them move to Buffalo, hire staff, raise private capital, and invest in property and equipment. Their work will add to a region that is fast becoming an entrepreneurial powerhouse.”       In addition to receiving one year of free space in the building's innovative and collaborative Tech Hub, the winners will also benefit from a rich pool of local resources, including access to experienced mentors, potential customers, business incentive programs, and 43North’s network of over 900 investors.         The Winners of the 2022 43North Competition are:          Agape Wellness - Rochester, Monroe County, NY  Founder: Khadesha Okwudili   Agape is a relationship wellness company that uses personalized questions to spark meaningful conversations.   AMPAworks - Santa Monica, CA   Founder: Bianca Gonzalez   AMPAworks is a camera that uses computer vision A.I. in order to have full inventory visibility in pharmacies, medical device companies, surgery centers, clinics, and hospitals.    Mod Tech Labs - Austin, TX   Founder: Alexandria Porter   MOD helps enterprise companies create universal 3D content at scale by  digitizing the real world using photos.        Otrafy - Chicago, IL   Founder: Nhat Nguyen   Otrafy is an AI-powered SaaS supplier management platform with the ability to automate compliance and identify risks.   Phood - New York City Founder: Alex Parmley   Phood integrates with universities’ card services to create a connection between students’ flex dollar accounts and the gig economy. Read the full release here.     

The meeting is open to the public. The public may also view and listen to the meeting via webcast by clicking the link below. Please Note: Due to building procedures, members of the public attending in-person should please RSVP by 4:30 p.m. on Wednesday, October 19, 2022. Members of the press should please call (800) 260-7313; Members of the public should please call (212) 803-3772. Members of the public may submit comments on the Agenda items in writing to [email protected] by Noon on Wednesday, October 19, 2022. All comments received by the deadline will be distributed to the Directors prior to the meeting and will posted on-line.