Find out what’s happening at Empire State Development

Get the latest on New York State’s development plans and projects. Find press releases, meeting notices, and stories about businesses finding success in New York State.

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Public Notice

Friday, April 12, 2019 - 1:00pm
New York BioLabs Capital Project
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Press Release

Thursday, April 11, 2019 - 3:32pm
Empire State Development (ESD) today announced that Global NY will lead a trade mission to Medtec China, the leading medical device design and manufacturing exhibition in China, from September 25-27 in Shanghai. Global NY is recruiting up to 10 New York State small businesses interested in exporting to this key global market that is seeking high-tech products and services from New York companies. The application deadline is May 31. Global NY offers one-stop shopping to both local businesses that want to export globally and to foreign businesses looking to invest in New York. Empire State Development President, CEO and Commissioner Howard Zemsky said, “New York is a global leader across many innovative industries, and the state’s medical supply businesses should take advantage of this opportunity to connect and export to this large and easily accessible market.” Medtec China 2019, a premier manufacturing and sourcing event for medical device manufacturers, will take place at the Shanghai World EXPO Exhibition & Convention Centre. Key industries include assembly equipment and production machinery, packaging, sterilization and cleanroom equipment, plastics/disposable devices and diagnostics, precision technology, medical electronics and more. Eligible businesses can receive reimbursement from Global NY’s State Trade Expansion Program (STEP) for travel and lodging expenses. STEP is a Global NY program that is funded in part through a grant from the U.S. Small Business Administration (SBA) to increase the number of businesses entering the export market, and to increase the value of exports businesses are already producing. Grants are offered to qualifying small and medium-sized businesses for a range of purposes, including participation in foreign trade shows like Medtec China 2019. Companies are also eligible to apply for Global NY’s customized Export Marketing Assistance Service (EMAS) in China. Global NY organizes trade missions each year to help New York’s small to mid-sized companies export overseas as well as encourage foreign companies to invest and grow their businesses in the state. In 2018, Global NY led 37 companies on trade missions to Mexico, Germany, Canada and China. China is currently New York’s second-largest buyer, and the United States’ third-largest export market. New York exported approximately $12.6 billion in goods to China in 2018. To apply for the trade mission, contact Global NY at globalny@esd.ny.gov or 212-803-2300. To learn more about Global NY, click here. 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 NEW YORK,” the State’s iconic tourism brand. For more information on Regional Councils and Empire State Development, visit www.regionalcouncils.ny.gov and www.esd.ny.gov.   Contact: Adam Kilduff | adam.kilduff@esd.ny.gov | (212) 803-3744 ESD Press Office | pressoffice@esd.ny.gov | (800) 260-7313
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Public Notice

Thursday, April 11, 2019 - 1:00pm
NYFIRST Icahn School of Medicine at Mount Sinai Capital Project
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Public Notice

Thursday, April 11, 2019 - 11:00am
Universal Stainless & Alloy Products Capital Project
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Press Release

Wednesday, April 10, 2019 - 12:04pm
$15 Million Invested Over Three Rounds of Competition GENIUS NY Program Builds on Progress of CNY Rising - The Region's Comprehensive Strategy to Revitalize Communities and Grow the Economy Governor Andrew M. Cuomo today announced that the winner of the $1 million grand prize from Round Three of the GENIUS NY accelerator is Sentient Blue, a team from Italy. The GENIUS NY program is the world's largest business competition focused on unmanned systems, cross-connected platforms and other technology-based sectors. EagleHawk from Buffalo, Vermeer from Brooklyn, Resilienx from Syracuse and Civdrone from Israel each were awarded investments of $500,000. Resilienx was also named the crowd favorite in a live poll taken during the event. New York State has now invested $15 million in Genius NY over three rounds of the competition. "The GENIUS NY competition is transforming the economic landscape of Central New York by attracting the next generation of innovative entrepreneurs," Governor Cuomo said. "By investing in the unmanned aerial system businesses, we are ensuring that New York continues to establish itself as the leader in this burgeoning industry that is bringing jobs and economic growth to the Central New York region." "Business plan competitions like GENIUS NY are changing the game across the state with innovative new start-ups and good-paying jobs," said Lieutenant Governor Kathy Hochul. "Central New York is being recognized worldwide as a leader in the unmanned aerial systems industry because of unprecedented state support and investments. I congratulate the winner and finalists of this year's competition, and I look forward to seeing more of the groundbreaking ideas that allow this advanced technology to revitalize and transform New York State." Read the complete press release here. 
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Public Notice

Wednesday, April 10, 2019 - 11:30am
Wayfair Zenker Drive Capital Project
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Public Notice

Wednesday, April 10, 2019 - 10:00am
SEPAC Capital I Project
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Press Release

Monday, April 8, 2019 - 2:03pm
Governor Andrew M. Cuomo today announced a $5 million grant that will allow NeuroCuresNY, Inc. to conduct a two-year demonstration of its unique clinical trial network and process for testing drugs to treat disability due to neurological impairment. NCNY, a not-for-profit initiative formed by Burke Neurological Institute, the University of Rochester and the Wadsworth Center to conduct clinical trials of drugs for chronic neurological impairment and disability, aims to reduce the time and cost of drug development for patients disabled from stroke who have exhausted everything that the health care system currently offers. The grant is part of New York State's $620 million Life Science Initiative to spur the growth of a world-class life science research cluster in New York, as well as expand the state's ability to commercialize this research and grow the economy. "Building a healthier future for New York means leading the way on critical scientific research and development projects today," Governor Cuomo said. "NeuroCuresNY's demonstration trial will test innovative new drugs and therapies that have the potential to make a world of difference for patients suffering from the effects of stroke and continue New York's unprecedented growth in the life sciences industry."  "The life sciences industry continues to grow across the state thanks to investments in cutting edge research and development," said Lieutenant Governor Kathy Hochul. "This funding will provide the resources needed to help find a cure for neurological impairments that result from a stroke. The grant for NeuroCuresNY builds on our commitment to support innovative studies and treatments to ensure the health and well-being of all New Yorkers." The demonstration trial will combine the use of medication to repair the brain in combination with robotic training technology, which can re-educate the individual's nervous system. The two-year trial will require over 150 patients with chronic disability due to stroke and will run for approximately 24 months. Over time, NCNY plans to evaluate treatments for disability due to other neurological conditions such as brain injury, Alzheimer's disease and spinal cord injury. Read the complete press release here. 
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Press Release

Monday, April 8, 2019 - 1:56pm
Governor Andrew M. Cuomo today announced the 2019 Regional Minority and Women Owned Business Enterprises Opportunities Expo Series, which will connect MWBEs with New York State agencies, expert resources, information on state projects and tools to access state opportunities. The events will be hosted in New York City, Central New York and Western New York.  "Every entrepreneur in New York should have the same opportunity to compete for state contracts, grow their business and succeed," Governor Cuomo said. "For too long, women and people of color have faced structural disadvantages, but New York's nation-leading MWBE program changes that calculus. The 2019 Regional MWBE Opportunities Expo Series will strengthen our successful efforts to support MWBEs and build an inclusive, thriving economy for all in the Empire State." "As someone who helped start several women-owned businesses, I know the challenges in finding capital and the many other barriers that exist," said Lieutenant Governor Kathy Hochul. "The annual MWBE Opportunities Expo breaks down barriers and helps women and minority entrepreneurs take their business to the next level. New York is leading the nation with an unprecedented commitment to MWBEs, setting the highest utilization goal in the nation and continuing to build on those efforts across the state." The 2019 NYS Regional MWBE Opportunities Expo Series, sponsored by Empire State Development's Division of Minority and Women's Business Development and local State partners, will feature panel discussions, information on regional projects and workshops about New York State MWBE certification and business development resources. It will also include the New York State MWBE BOOT CAMP, which links MWBEs with regional technical assistance resources like Small Business Development Centers, networking opportunities with prime contractors, Procurement & Technical Assistance Centers and the Entrepreneurial Assistance Program. The Expos will also include information about State-sponsored financial and technical assistance programs, including the "Bridge to Success" Loan Program and the New York State Surety Bond Assistance Program. Empire State Development President, CEO & Commissioner Howard Zemsky said: "Supporting Minority and Women Owned Businesses is critical to ensuring every New Yorker has equal opportunity to get ahead - and these entrepreneurs have no greater champion than Governor Cuomo. Five years ago, Governor Cuomo set the nation's highest MWBE procurement goal, and today we are on the cusp of reaching 30 percent utilization. I hope New Yorkers from across the state will take part in these Expos, learn about the resources available, and help us showcase the Empire State's diversity." Read the complete press release here.  
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Press Release

Friday, April 5, 2019 - 4:38pm
Empire State Development (ESD) congratulates RJ Ball, Senior Director of Industry Development and Foreign Trade at ESD, on winning the U.S. Small Business Administration (SBA) Buffalo District, “Financial Services Champion of the Year” award, which is given to an individual who assists small businesses through advocacy efforts to increase the usefulness and availability of accounting or financial services for small businesses. ESD President, CEO and Commissioner Howard Zemsky said, “ESD is proud to have the hard work and dedication of RJ Ball recognized by the Small Business Administration. The SBA is an important partner and collaborator with ESD, helping the continued growth and success of small businesses and the regional economies that they drive. We congratulate RJ along with all of the Buffalo District winners for their personal achievements and their contributions to the area economy.” ESD Sr. VP of Strategic Business Development Jeff Janiszewski said, “ESD is at the center of new business attraction and current business expansion for New York State. There is no question that in his role with the Strategic Business and Global NY Divisions of ESD, RJ has had a profound impact on the mission of ESD across the state. I am proud to serve as RJ’s mentor and his manager, as he is a stellar representation of the divisions I lead at ESD.” Local SBA award winners, including RJ, will receive their awards during a small business recognition ceremony to be held in Buffalo on May 6.  They will also be recognized on May 10, 2019 at the SBA Small Business Week Awards Luncheon.  About the U.S. Small Business Administration The U.S. Small Business Administration makes the American dream of business ownership a reality.  As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow or expand their businesses, or recover from a declared disaster.  It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov. 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 NEW YORK,” the State’s iconic tourism brand. For more information on Regional Councils and Empire State Development, visit www.regionalcouncils.ny.gov and www.esd.ny.gov.     Contacts: Pamm Lent (Governor’s office) | pamm.lent@esd.ny.gov | 716-846-8309 Laura Magee (ESD) | laura.magee@esd.ny.gov | 716-846-8239
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