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Press Release

Thursday, March 5, 2020 - 2:22pm
Upgrades to the Rundel Library’s North Terrace in the City of Rochester are Part of New York State’s Investment in Initiative that is Changing the Face of the Genesee River Waterfront Investment Complements “Finger Lakes Forward” – The Region’s Comprehensive Strategy to Revitalize Communities and Grow the Economy Empire State Development (ESD) today announced that officials have broken ground on the new Rundel Library North Terrace in the City of Rochester. The terrace project is part of the transformative ROC the Riverway initiative, a series of riverside projects which, when complete, will create a seamless connection along the banks of the Genesee River. The initiative also supports the city's updated Local Waterfront Revitalization Program plan, which aims to attract millennials, enhance recreational opportunities, and drive growth along the underutilized waterfront. ESD is supporting the terrace upgrades with $1.5 million, which will assist with needed repair work and will also allow the library’s terrace area to be open for outdoor library rooms, café spaces and programming opportunities. There are proposed future plans to develop the space under the North Terrace, in conjunction with the Aqueduct Re-Imagined project outlined in the initiative. The upgrades are expected to be completed in late 2021. Empire State Development Acting Commissioner and President & CEO-designate Eric Gertler said, "The ROC the Riverway initiative is already tapping the potential of downtown Rochester's Genesee River waterfront and is poised to drive tourism, economic momentum and encourage private investment that will keep the Finger Lakes moving forward." The Rundel Library North Terrace project is one of 13 transformative projects announced by Governor Cuomo in August of 2018 that are receiving a part of $50 million in  funding through the regionally designed Finger Lakes Forward Upstate Revitalization Initiative. "The Rundel Library North Terrace is an important cornerstone of the ROC the Riverway Initiative, which is fulfilling the community-building and job-creating potential of the river that runs through the heart of our city," Mayor Lovely A. Warren said. "It will be an exciting addition to the Rundel Memorial Building, a beautiful and unique community resource which stands at the juncture of the Genesee River, the old Erie Canal bed and the Johnson & Seymour Millrace." Over the next few months the City of Rochester is also planning to break ground on much needed upgrades to the Blue Cross Arena and Charles Carroll Plaza and will begin the design phase of additional ROC the Riverway projects that will eventually result in the transformation of Genesee Gateway and High Falls Terrace Park along the river. Last October, work got underway on the long-waited ROC City Skate Park in Downtown Rochester. When completed later this year, the park will offer skaters over 14,000 square-feet of space and it will be free and open to the public. Other projects supporting the momentum of the ROC the Riverway initiative include completed upgrades to the North Terrace at the Joseph A. Floreano Rochester Riverside Convention Center and to the Promenade at Erie Harbor which connected a path along the Genesee River. The $8.1million dollar project is also receiving $2 million through the Dormitory Authority of the State of New York (DASNY) which was secured by State Assemblyman David Gantt. Another $900,000 in support was secured by State Senator Joe Robach through the New York State Education Department.  Senator Joe Robach, "The Rundel Library and the Genesee River have long been central to the quality of life of downtown Rochester. The North Terrace project will enhance the library patron experience and provide them with a place to enjoy the Genesee River and the outdoors in the heart of our city. I was pleased to work with many of my government partners and the Finger Lakes Regional Economic Development Council to secure funding for this transformative project. Truly a win-win for the residents of Rochester." Assemblyman David Gantt said, "I was incredibly pleased to be able to secure a portion of the funding needed for this project. The updating of the historic library’s North Terrace is such an important piece of the transformative ROC the Riverway initiative which will serve to revitalize the underutilized area along the Genesee River in Downtown Rochester." Monroe County Executive Adam Bello said, "It is wonderful to see the ROC the Riverway project continue to unfold, transforming our riverfront and adding even more reasons to visit community treasures like the Rundel Library. This exciting development bolsters our efforts to bring new investment and people into Monroe County." 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. Today, unemployment is down to the lowest levels since before the Great Recession; personal and corporate income taxes are down; and businesses are choosing places like Rochester, Batavia and Canandaigua as a destination to grow and invest in. 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 Press Office | [email protected] | (800) 260-7313
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Blog Post

Monday, March 2, 2020 - 3:24pm
The business of defending data is projected to be a very big business in the coming years, potentially a $300 billion industry by 2024. And it’s no wonder: The amount of private data we now store online is staggering, as are the mounting dangers to its safety. By most estimates, ransomware or “phishing” attacks on private, corporate or government networks happen every 14 seconds and mobile malware attacks, which target cell phones through third-party apps, are on the rise. New York State understands the significant threat cybercrime poses to its residents and businesses. Through recent legislation and educational and business development, New York State aims to change the way businesses approach cybersecurity while helping to train the future employees of a state-based industry boom that will address and solve data protection’s biggest challenges.
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Press Release

Saturday, February 29, 2020 - 1:30pm
Islanders Will Play All 2020-21 Season Home Games At Nassau Coliseum, Along With Any Playoff Games This Season and Next $6 Million In State-Funded Upgrades To The Coliseum Allow Islanders To Play Final Season At 'The Barn' Before Moving To Belmont Construction On The New Belmont Park Arena Is Advancing Quickly, With The Concrete Foundation Finished And Structural Steel Erection Nearly 20 Percent Complete To Reserve 2019-20 Playoff Tickets or Purchase 2020-21 Regular Season TicketsFor Upcoming Coliseum Games Click Here Governor Andrew M. Cuomo today announced the New York Islanders will return to Long Island full-time one year ahead of schedule, with all home games during the upcoming 2020-21 season played at NYCB Live, Home of the Nassau Veteran's Memorial Coliseum. Additionally, the Islanders will play any home playoff games this season and next season at the Coliseum. The team is able to play at the Coliseum as a result of $6 million in state-funded upgrades to the building's infrastructure. Tickets for potential 2019-20 home playoff games and 2020-21 regular season games at the Coliseum will go on sale starting today. This announcement comes as construction on the Islanders' new permanent home at Belmont Park continues to move forward, with the team's arena on track for completion for the 2021-22 NHL season. "The Islanders have always been Long Island's team, and I'm proud to announce this iconic sports franchise will be coming home for good - one year ahead of schedule," Governor Cuomo said. "This long-awaited homecoming will bring the Islanders back to their passionate fan base while generating energy and excitement from Long Islanders for the new Belmont Park Arena opening next year." Read the full press release here.
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Press Release

Friday, February 28, 2020 - 3:37pm
Former Victorian-Era Church Restored and Transformed into Modern Community Performing Arts Facility Opening Performance Featuring Rosanne Cash Scheduled for Saturday Empire State Development (ESD) today announced the grand opening of Universal Preservation Hall (UPH) in downtown Saratoga Springs, Saratoga County. Through a working collaboration with Proctors Collaborative, the 19th century church has been transformed into a state-of-the-art performing arts, education and entertainment venue. To celebrate the grand opening, singer-songwriter Rosanne Cash will perform the inaugural concert on Saturday, February 29 before a sold-out audience. ESD Acting Commissioner and President & CEO-designate Eric Gertler said, "Under Governor Cuomo’s leadership, New York State’s regionally focused approach to economic growth is paying dividends. The renovation of Universal Preservation Hall leveraged publicly available funding with private investments to preserve the building's historic architecture while creating a modern performing arts venue that will encourage more people to experience downtown Saratoga." With the restoration complete, UPH offers nearly 700-seats in a theater-in-the-round setting, providing a year-round music and entertainment venue for downtown Saratoga Springs. The Great Hall has been transformed with new seating descending from the rear balcony and ascending into the apse. More than $10 million was invested into the restoration and renovation of the historic facility, including structural work to ensure the building's stability and sustainability, and decorative finishes like the glass-enclosed atrium that showcases the building's heritage. Improvements made to the hall's infrastructure include upgrading the heating and cooling systems to installing theatrical lighting and seating. A new ADA-compliant entrance and elevator ensures that the performance spaces are accessible to everyone. ESD is supporting the transformation with an $800,000 performance-based capital grant, recommended by the Capital Region Economic Development Council during Round V of the Regional Council initiative. The project was also awarded a $750,000 grant through Round 5 of the Restore NY Communities Initiative. The New York State Office of Parks, Recreation and Historic Preservation is providing a $200,000 grant, and is assisting with efforts to obtain up to $3.56 million in federal and state Historic Tax Credits. UPH Executive Director Teddy Foster said, "On behalf of Universal Preservation Hall, we are so grateful for the generous grants from Empire State Development and the state’s Office of Parks, Recreation and Historic Preservation, with the support of Governor Andrew Cuomo. We are excited to share our gorgeous venue with our patrons thanks to the help from New York State." State Parks Commissioner Erik Kulleseid said, "This project is a wonderful example of an historic building being brought back to life for the 21st century. Parks is proud to have played a role in delivering on Gov. Andrew Cuomo’s agenda of protecting and promoting our historic heritage for future generations." CREDC Co-Chairs Ruth Mahoney, KeyBank Market President, and Dr. Havidán Rodríguez, University at Albany President, said, "Supporting the creative economy is a pillar of our regional strategy, and the Council is proud to encourage projects that promote industry growth. We congratulate Universal Preservation Hall on this historic milestone." Senator Daphne Jordan said, "The grand opening of Universal Preservation Hall will continue our Saratoga Springs community’s time-honored, proud tradition of supporting, celebrating and showcasing the arts. I am thankful for Governor Cuomo’s strong support of this project, particularly ESD’s provision of an $800,000 performance-based capital grant, a $750,000 grant provided via the Restore NY Communities Initiative, a $200,000 grant from the State Office of Parks, Recreation and Historic Preservation and its help in working to secure $3.56 million in federal and state Historic Tax Credits. These strategic investments and incentives will facilitate Universal Preservation Hall helping artists realize their full potential in creating the next exciting chapter of the performing arts in Saratoga Springs." Assemblywoman Carrie Woerner said, "I want to thank ESD and Parks for supporting the Universal Preservation Hall restoration project and congratulate all who were involved. There is so much history in the Universal Preservation Hall building and it is truly wonderful to see the building transformed into a space that not only maintains that history, but promotes the arts and arts education in our community as well. UPH will surely be a cultural and artistic staple in the heart of Saratoga Springs for years to come" Saratoga Springs Mayor Meg Kelly said, "In a City that is steeped in history, architecture, preservation, the arts, community, and responsible development this project checks all the boxes. We are thrilled to be able to include the magnificent Universal Preservation Hall as the City’s latest addition to its arts and community scene." Originally built in 1871 for the Methodist church to host its annual regional meeting, the church welcomed several notable speakers, including William Jennings Bryan, Frederick Douglass and President William Howard Taft. The Methodists sold the building to the Universal Baptist Church in 1976, who used the facility until it was deemed unsafe. 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, visit www.regionalcouncils.ny.gov and www.esd.ny.gov. Contact:  Adam Ostrowski (ESD) | [email protected] | (518) 292-5148 ESD Press Office | [email protected] | (800) 260-7313
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Board Meeting

Wednesday, February 26, 2020 - 11:00am
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Press Release

Tuesday, February 25, 2020 - 11:19pm
“Tesla informed us that they have not only met, but exceeded their next hiring commitment in Buffalo. As of today, Tesla said they have more than 1,500 jobs in Buffalo and more than 300 others across New York State. ESD will perform the necessary due diligence to verify the company’s data. “This count does not include the Panasonic positions and — while their operations were co-located at RiverBend — there was no incentive package between the state and Panasonic. We understand that Panasonic has made a corporate decision to move away from global solar products, but this action has no bearing on Tesla’s current operations nor its commitment to Buffalo and New York State, according to Tesla.  “While the New York State Department of Labor stands ready with its Rapid Response Team to ensure that any employees who are impacted by Panasonic’s decision are connected to opportunities and resources available in the region, Tesla has indicated that it intends to hire as many Panasonic employees as it can going forward. “We look forward to continuing to grow employment at the RiverBend site with Tesla.” Contact: Press Office | [email protected] | (800) 260-7313
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Press Release

Tuesday, February 25, 2020 - 1:45pm
Round 1 Grant Recipients Projected to Create More Than 100 Jobs and Invest $17.5 Million in Three Years Research Talent Recruitment Program is Part of New York State's $620 Million Life Science Initiative Governor Andrew M. Cuomo today announced the application period is now open for the third round of the New York Fund for Innovation in Research and Scientific Talent, or NYFIRST. The $15 million medical school capital-funding program encourages the recruitment and retention of exceptional life science researchers through grants to support establishing or upgrading laboratories, and by providing working capital to cover costs for staff and specialized equipment. Governor Cuomo also announced that the first cohort of grant recipients, awarded in 2018, is projected to create more than 100 jobs within the program's first three years. "Life sciences is a fast-growing industry that is important not only to our economy, but to our very own personal health," Governor Cuomo said. "Continuing to attract the best and brightest in this field to New York is critical. We're proud to support the effort to find solutions to pressing medical challenges and help save lives." NYFIRST recruits and retains life science professionals focused on translational research, which builds on basic scientific research to find new ways to diagnose and treat medical conditions. According to the Associated Medical Schools of New York, NYFIRST Round 1 grant recipients are projected to create more than 100 jobs in the program's first three years, with an average salary of nearly $66,000. AMSNY also estimates that approximately $17.5 million in total institutional matching funds will be committed; and a return on investment for every State dollar of $6.50 in economic activity through institutional capital investments and additional grant funding brought to New York. To encourage the recruitment of world-class translational researchers to medical schools in New York State, NYFIRST makes a maximum grant of $1 million available to eligible institutional applicants to modernize, renovate and upgrade laboratory facilities, to purchase specialized laboratory equipment and to support research staff. Program grant awards are made through a competitive grant solicitation until funds are fully committed. Grantees are required to provide $2 in matching funds for every $1 of NYFIRST program assistance. Scientific talent recruited or retained must demonstrate a history of translational research and be actively pursuing research on an innovative solution for an unmet clinical need. The researcher is also required to demonstrate a clear path to commercialization with the potential for significant life sciences economic development benefits in New York State, such as increased patent applications and patentable discoveries; increased recruitment/retention of medical school faculty focused on translational research; or an increase in the number of life sciences jobs created or retained. Applications and guidelines for the third cohort are now available at https://esd.ny.gov/ny-first-program. The first cohort of NYFIRST recipients included three institutions: Columbia University Irving Medical Center in New York City, the Icahn School of Medicine at Mount Sinai, also in New York City, and the University of Rochester, in Rochester. For the second cohort, five institutions were recommended to receive NYFIRST grants; grant agreements with these institutions are being finalized. Empire State Development Acting Commissioner and President & CEO-designate Eric Gertler said, "ESD is strongly committed to building a robust life science industry in New York State. NYFIRST will continue to attract nation-leading researchers whose innovative research offers the potential to create jobs and expand this vital industry for New York's future." Read the full press release here.
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Press Release

Tuesday, February 25, 2020 - 11:14am
Targeted Biocontrol Pest Control Manufacturer Commits to Creating up to 30 New Jobs Investment Complements “Finger Lakes Forward” – The Region’s Comprehensive Strategy to Revitalize Communities and Grow the Economy Empire State Development (ESD) announced that bioperformance company GreenLight Biosciences will construct a pilot plant at a building at Eastman Business Park (EBP). The project will create up to 30 new jobs that will support the production of GreenLight’s RNA-based solutions for the agriculture and healthcare industries. This latest project builds on the continued success story that is the rebirth of EBP in Monroe County. The repurposing of the business park remains a top priority of the Finger Lakes Regional Economic Development Council (FLREDC). GreenLight Bioscience expects the project to be completed by the end of 2020. “New York State’s strategic investments help position cutting-edge science for commercialization and economic growth,” said Empire State Development Acting Commissioner and President & CEO-designate Eric Gertler. “GreenLight Biosciences and its partners are working to create the next generation of environmentally innovative products, which will create jobs and drive economic activity in Rochester and throughout the region.” The pilot plant will enable GreenLight to bring GreenWorX™, its cell-free biomanufacturing process, to market in order to produce low-cost, high-quality RNA. RNA is a natural molecule found in all living organisms – animals, plants, fungi and humans – that facilitates virtually every biological process of life. The production of RNA through GreenWorX™ will help farmers grow food in a way that is natural and safe by targeting specific pests without harming other species or the environment. GreenLight’s innovations can also be used to accelerate the discovery and commercialization of vaccines and antibody therapies. Founded in 2009, GreenLight Biosciences is headquartered in Medford, Massachusetts, and its research and development efforts are located at Research Triangle Park in North Carolina. “We are disrupting the industry by bringing nature and technology together to develop sustainable, precise biocontrol solutions, and it’s critical that we continue to build a workforce that can carry these innovations forward,” said Carole Cobb, chief operating officer at GreenLight Biosciences. “Eastman Business Park is particularly attractive to us because of the access to talented scientists and manufacturing experts in the Rochester area as well as the the extensive infrastructure and capabilities of EBP.” ESD is supporting the project with up to $600,000 through the Excelsior Jobs Program in exchange for job creation commitments. The total project cost has been placed at $16.6 million. Monroe County and Greater Rochester Enterprise also assisted with the project. EBP, the site where Kodak began manufacturing photographic film and paper more than a century ago, is being reinvigorated and is a significant attraction for businesses of the Finger Lakes region.  Today, the campus supports over 114 companies, employing over 6,000 people. EBP is home to Kodak operations and to innovative companies like DuPont, Plug Power, BEST Test and Commercialization Center, LiDestri Food and Drink and Clearwater Organic Farms among several others. State Senator Joe Robach said, “The addition of GreenLight Biosciences to Eastman Business Park is great news for the Rochester region and the continued growth of our local economy.  Eastman Business Park continues to re-invent itself into a national research, innovation and technology hub, attracting new businesses and creating new jobs for our workforce, with GreenLight being the latest to invest in the Rochester community.” State Assemblyman Peter Lawrence said, “Today’s announcement is another welcome example that businesses are choosing Monroe County due to our highly-skilled workforce and turn-key infrastructure and facilities. Eastman Business Park could not be a more suitable and appropriate location for GreenLight Biosciences which is leading the way in the biomanufacturing industry. This significant investment by the state signals that this project has enormous potential and it is my expectation that GreenLight Biosciences will honor its commitment to creating jobs in the region and reinvesting in our community.” County Executive Adam Bello said, “Monroe County is the ideal place for a company specializing in green technology to expand. Our innovative workforce, infrastructure, resources and affordability are outstanding. And, just like GreenLight Biosciences, we are committed to doing our part to preserve the planet. We are excited about this pilot plant and the jobs it will bring.” Greece Town Supervisor Bill Reilich said, “Greenlight Biosciences is another perfect fit for the growing family of innovative companies making their way to Eastman Business Park. EBP’s formula is working and we’re giving our full support to their efforts to bring new industry, investment, and jobs to the area. Greenlight Biosciences is working to bolster the food and beverage and health care industries, which are among the fastest growing industries in Greece and our neighboring communities. This kind of complementary growth couples EBP’s industrial infrastructure and our skilled workforce, which is a recipe for success. We’ll continue working with economic development partners and prioritizing permits and approvals necessary to bring this project and others like it to fruition.” Rochester Mayor Lovely A. Warren said, “I am happy to welcome GreenLight Biosciences to Eastman Business Park, which is providing further evidence that Rochester is the perfect location for high-tech job growth. I want to thank Governor Andrew Cuomo and Empire State Development for making this investment in Rochester’s economy through Finger Lakes Forward. Together we are moving forward to create more jobs, safer, more vibrant neighborhoods and better educational opportunities for our citizens.” Eastman Business Park President and Kodak CFO Dave Bullwinkle said, “We are thrilled that GreenLight Biosciences chose to build their pilot plant here and that they plan to expand operations on the site as they grow.  Our resources are a perfect fit for their fermentation operation, with virtually unlimited water, steam, chilled water and industrial sewer capacity.” Matt Hurlbutt, President and CEO, Greater Rochester Enterprise said, “The exceptional talent in advanced materials and life sciences, coupled with unmatched infrastructure available at Eastman Business Park, made Rochester, New York, the right location for GreenLight Biosciences. Rochester also offers an affordable cost of doing business, which is a competitive asset when compared with more expensive high-tech markets such as Boston.” For additional information about GreenLight Biosciences, click here. 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. Today, unemployment is down to the lowest levels since before the Great Recession; personal and corporate income taxes are down; and businesses are choosing places like Rochester, Batavia and Canandaigua as a destination to grow and invest in. 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 Press Office | [email protected] | (800) 260-7313
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Press Release

Monday, February 24, 2020 - 4:00pm
Nearly 70 New York State Businesses, Community Colleges, and Community-Based Organizations Receive Funding For Workforce Development Awards Will Fund In-Demand Skills Training for More Than 3,600 New Yorkers Governor Andrew M. Cuomo today announced that nearly 70 businesses, community colleges, and community-based organizations across the state have been awarded $3.1 million as part of the state's historic Workforce Development Initiative. The grant funds through the Department of Labor and The State University of New York will support professional training opportunities for 3,644 New Yorkers, teaching them skills that are in demand from employers. Since launching in May 2019, nearly $12 million has been awarded through the $175 million Workforce Development Initiative, which will provide training to more than 8,200 New Yorkers. "These awards will provide thousands of people with the training and skills they need to compete in today's fast-growing industries, and ready to take on the jobs of tomorrow," Governor Cuomo said. "The state's workforce must adapt in order to take advantage of the rapidly changing economy, and our Workforce Development Initiative is giving New Yorkers the edge they need to succeed." "The number one issue I hear from employers across the state is that they can't find workers with the skills they need for 21st century jobs," said Lieutenant Governor Kathy Hochul. "That is why as part of our historic $175 million Workforce Development Initiative, we are investing $3.1 million in job training programs spearheaded by nearly 70 New York State businesses, non-profits and community organizations that will benefit 3,600 New Yorkers. Whether it's the culinary arts or advanced manufacturing, we are investing and working to close the skills gap and prepare all New Yorkers for jobs today and in the future." Read the full press release here
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