Find out what’s happening at Empire State Development

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Board Meeting

Thursday, November 5, 2020 - 2:00pm
Due to public health concerns and as authorized by Executive Order of the Governor, this meeting will be conducted via teleconference. The public may 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, November 4, 2020.
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Press Release

Thursday, November 5, 2020 - 12:59pm
Buffalo Billion-funded Museum Celebrates Key Events and Movement Milestones in African-American History in Buffalo and the United States  See Photos and Rendering Here  Governor Andrew M. Cuomo today announced the ribbon cutting for the Buffalo Black Achievers Museum. Located on Jefferson Avenue on the city's East Side, the museum will provide a permanent home for exhibitions and archival resources designed to enlighten, educate, motivate and inspire visitors with its focus on notable African Americans —both past and present—who built Buffalo and are planning the city's future. The museum was granted $200,000 as part of Governor Cuomo's $50 million East Side Corridor Economic Development Fund, a Buffalo Billion initiative. "In New York, we know diversity is our greatest strength and we celebrate the significant contributions that members of the African-American community have made in giving our state its multi-cultural, one-of-a-kind identity," Governor Cuomo said. "The Buffalo Black Achievers Museum will spotlight the imprint of this community on the past and future of Western New York, so residents and tourists alike can fully appreciate it."        "Buffalo Black Achievers has recognized Black individuals in the community for their achievements and contributions over the last 45 years," said Lieutenant Governor Kathy Hochul. "The completion of the Buffalo Black Achievers Museum will finally provide a home for the history and stories of more than 2,500 individuals to help educate and inspire others. We must continue to highlight the contributions and successes of the Black community in New York and across the country as we continue our fight for true equality and justice for all." Read the full press release here.
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Board Meeting

Thursday, October 29, 2020 - 10:30am
This meeting has been postponed and will be rescheduled.
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Press Release

Tuesday, October 27, 2020 - 11:11am
High-Speed Internet Company Commits to Creating and Retaining more than 150 Jobs Investment Complements “Finger Lakes Forward” – The Region’s Comprehensive Strategy to Revitalize Communities and Grow the Economy Empire State Development (ESD) today announced that high speed internet service provider Greenlight Networks has opened its new corporate headquarters located in the Town of Henrietta in Monroe County. The state-of-the-art, 20,000 square-foot facility located on East Henrietta Road, houses company leadership, administration, customer support and engineering teams along with its recently formed joint venture, Greenlight LeChase Construction. The total project cost has been placed at $46 million. Thanks to support from New York state, Greenlight Networks has also committed to creating up to 93 new jobs. The company currently has 78 employees, up from 53 a year ago.     “We are committed to continuing the economic turnaround we’ve seen in upstate New York working to attract businesses, jobs and strengthen the economy," said Lieutenant Governor Kathy Hochul. "The opening of Greenlight Networks’ new headquarters in Henrietta complements our efforts to create new opportunities by adding up to 93 new jobs and providing ultra-high-speed internet and broadband services to residents and businesses in the area. Investments like these are helping New York continue to lead the way and build back better for a more inclusive, innovative and stronger future.” Empire State Development Acting Commissioner and President & CEO-designate Eric Gertler said, “Greenlight Networks’ decision to further grow its state-of-the-art business in Upstate New York is a great example of how our economy can build back better and stronger than before. Through the Governor’s focused efforts to fuel the revitalization of the regional economy, tech companies are leveraging local talent and resources to create the jobs and market opportunities of tomorrow.”  Founded in 2011, Greenlight Networks is an ultra-high-speed, broadband service provider, offering residential and small business customers Internet speeds up to a 2 Gigabit per second (2,000 Mbps). The company builds, owns and operates its fiber-optic networks to provide high speed Internet connections to its customers. Greenlight Networks currently serves many areas throughout Monroe County. Last December, the company also announced a $100 million incremental investment by controlling equity partner Tom Golisano to expand its high-speed fiber Internet network in the Buffalo Niagara Region and plans to have services available there in the second quarter of 2021. Mark Murphy, President and CEO of Greenlight Networks said, “Our company was founded in Rochester and continues to grow our headquarters and our network footprint here thanks to the breadth of experienced telecom and internet professionals in the region and the available talent pool being cultivated at area colleges and universities including the Rochester Institute of Technology, SUNY Geneseo, Monroe Community College and the University of Rochester. Contributing to our growth in this area is also the overwhelming support of our customers and increasing demand from prospective customers who need access to high speed internet now more than ever.” In August of 2020 Inc. magazine announced that Greenlight Networks had been placed at number 1355 on its’ annual 5000 list which ranks the nations’ most prestigious, fastest-growing private companies. Empire State Development is assisting Greenlight Networks with its continued growth with up to $1.4 million through the Excelsior Tax Credit Program. Greater Rochester Enterprise also assisted with the project. State Senator Patrick Gallivan said, "I congratulate Greenlight Networks for its continued growth in Monroe County.  The company's investment in its new Henrietta headquarters is an example of its commitment to our region and sends a positive message about the strength of the local economy and the quality of our workforce.  The jobs being retained and those being created will benefit our entire region."  State Senator Joe Robach said, "The addition of Greenight Networks to our community is a win-win for this region. I applaud their commitment to our community for deciding to locate their corporate headquarters in Rochester, a decision that will not only provide additional jobs, but also options in service to those who live and work in the Rochester area. I want to be one of the first to welcome this innovate, industry leading company to Monroe County." State Senator Tim Kennedy said, "As Greenlight Networks expands its footprint here in our region, it will be bringing both full-time jobs and much needed high-speed internet access to underserved communities. Greenlight has expressed a strong commitment to serve all residents throughout Western New York, and this investment will impact not only our local workforce, but the communities that make our region strong." State Assembly Member Harry Bronson said, “I applaud Mark Murphy and the team at Greenlight Networks for their commitment to our region. Today’s announcement by the company and Governor Cuomo shows that the Rochester area has a strong, diverse, and skilled workforce and is in an economic position to create jobs for the future. I look forward to Greenlight Network’s growth and the addition of new jobs at their new Henrietta campus.” Monroe County Executive Adam Bello said, “Monroe County is well-positioned to become a top technology-rich economic hub of the future. The addition of the Greenlight Networks headquarters in Henrietta shows the company’s commitment to our region and highlights the strength of our local economy and rich pool of talented workers. I am grateful to Mark Murphy and his team for their investment and recognizing the potential within this county. I thank Gov. Andrew Cuomo, Empire State Development and Greater Rochester Enterprise for their commitment to helping us build back better. And I look forward to the important expansion of our local high-speed networks and the addition of nearly 100 new, good-paying jobs. Henrietta Town Supervisor Stephen Schultz said, “We are very excited about Greenlight Networks moving to Henrietta. I’ve already toured their new facilities and was excited to learn they are already discussing potential expansion plans. I know our residents have been very excited for the possibility of very high speed internet in Town. Their location in a revitalized building in Henrietta is a great plus. The site work and building work by DDS and Donahoe Management has made for a new hub of industry in Henrietta as evidenced by the companies moving into the building, such as Greenlight Networks.” Matt Hurlbutt, president and CEO, Greater Rochester Enterprise said, “Greenlight Networks continues to expand in the Greater Rochester, NY region to capitalize on the depth of talent and telecommunications expertise available in our community.” To learn more about Greenlight Networks, visit https://www.greenlightnetworks.com/ 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 Press Office | [email protected] | (800) 260-7313
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Report

Monday, October 26, 2020 - 4:22pm
As required by statute, these reports contain the status of economic development programs administered by Empire State Development. Funding for the projects listed herein was approved by ESD during Fiscal Year 2020-21. Quarterly Status Report - First Quarter of Fiscal Year 2019-2020 Quarterly Status Report - Second Quarter of Fiscal Year 2020-2021
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Report

Monday, October 26, 2020 - 10:28am
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Press Release

Saturday, October 24, 2020 - 4:30pm
New Facility Will Expand Child Care and Educational Programs for Working Families in the Bridgehampton Community Empire State Development (ESD) today announced the groundbreaking of the Bridgehampton Child Care and Recreational Center in Bridgehampton, Suffolk county. The Bridgehampton Child Care & Recreational Center will construct a new 7,800 square feet building to expand child care service capacity and educational programs to lower income working families in the Bridgehampton community. “The COVID-19 pandemic has exacerbated inequalities that already existed in our society, and nowhere is that more prevalent than with child care,” said Lieutenant Governor Kathy Hochul, Chair of the statewide Regional Economic Development Councils. “Through the Regional Economic Development Councils, we are focused on investing in child care and job training to help individuals and families get back to work and have access to affordable, quality child care options. The groundbreaking of the Bridgehampton Child Care and Recreational Center will expand child care services in the area and provide educational programs for children and working families. As we work to build back better and more inclusive, we must continue to invest in child care for all New Yorkers.”​ Empire State Development Acting Commissioner and CEO and President-Designate Eric Gertler said, “Many families across the state have limited access to affordable, quality childcare, and where spots are limited or far from home and work, creates a real challenge for working parents. This investment towards the expansion of the Bridgehampton Child Care and Recreational Center makes economic sense and is a necessary component of supporting working families and growing the local economy.” Bonnie Michelle Cannon, Executive Director, Bridgehampton Child Care & Recreational Center said, “The outpouring of love and generosity from our community and New York State has been amazing. We are so grateful that The Center’s dream of a new building is becoming a reality. The New York State grant award truly gave us the momentum that we needed to raise the additional funds to build. Special thanks to Assemblyman Fred Thiele and ESD’s Denise Zani who helped guide us through the process. Our children and families thank you. We are feeling blessed.” The Bridgehampton Child Care and Recreational Center will construct a $2.9 million, 7,828 square feet facility in the Village of Bridgehampton, expanding their childcare offerings and capacity to working families in the community. To assist with construction, the Long Island Regional Economic Development Council has awarded a Round VIII ESD Capital Grant in the amount of $300,000. Bridgehampton Child Care also was awarded a $25,000 grant from Long Island Community Foundation to develop a career training program that will provide higher-wage entry level jobs to participants upon completion and service the East End communities from Riverhead to Montauk. Construction is expected to be completed in the Fall of 2021.  LIREDC Co-Chairs Kevin Law, President of the Long Island Association and Stuart Rabinowitz, President of Hofstra University said, “One of the biggest challenges for families is often finding child care, and tackling this challenge is a one of our biggest priorities. This investment is part of finding long term solutions that help families overcome the barriers to finding childcare in their community that not only allows parents to work but gives them the peace of mind that their children will be nurtured and well cared for.” State Senator Kenneth P. LaValle said, “This is an exciting day for the Bridgehampton Child Care and Recreation Center and the community it serves. This Center will help meet a critical need for residents. I am pleased that the state is partnering with Bridgehampton Child Care Center in an effort to ensure quality child care, educational and recreational programs for local families,” Assemblymember Fred W. Thiele, Jr. said, "The Bridgehampton Child Care & Recreation Center has long been a beacon in our community, offering educational and enrichment programs to students and serving as a dedicated lifeline to working families on the East End. I was pleased to secure $125,000 in capital funding under the State and Municipal (SAM) Community Projects program in the 2018-19 State Budget for this essential construction project, which will be instrumental in The BCCRC's ability to expand their capacity to serve the families of the East End. I thank Empire State Development and the Long Island Regional Economic Development Council for recognizing the importance of this organization and awarding this Capital Grant to make this project possible. I look forward to the groundbreaking and the continued work of the BCCRC in our community." “For decades, the Bridgehampton Child Care & Recreational Center has been assisting families and helping children thrive with their wide array of programs and activities,” said County Executive Bellone. “This new facility will build on the center’s success and allow them to serve even more families in need. I want to thank Governor Cuomo for his continued investments to strengthen our communities, create new opportunities for Suffolk families, and help ensure prosperity for all.”  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 ESD Press Office | [email protected] | (800) 260-7313 
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Report

Friday, October 23, 2020 - 5:44pm
The Empire State Jobs Retention Program was created to provide financial incentives to retain strategic businesses and jobs that are at risk of leaving the state due to the impact on business operations from a natural disaster. Below please find charts A & B of the quarterly program report detailing businesses admitted to the program and credits issued for the fourth quarter, ending 12/31/2019. Empire State Jobs Retention Program Quarterly Report - Chart A: Businesses Admitted To Program Empire State Jobs Retention Program Quarterly Report- Chart B: Credits Issued
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Report

Friday, October 23, 2020 - 5:35pm
The Excelsior Jobs Program provides job creation and investment incentives to firms in targeted industries in order to encourage businesses to expand in and relocate to New York while maintaining strict accountability standards to guarantee that businesses deliver on job and investment commitments. Below please find the quarterly program report for the fourth quarter of 2019, ending 12/31/2019. 12/31/2019: EXCELSIOR JOBS PROGRAM - Quarterly Report CHART A - EXCELSIOR JOBS PROGRAM QUARTERLY REPORT - Businesses Admitted To Program CHART B - EXCELSIOR JOBS PROGRAM QUARTERLY REPORT - Businesses Issued Credits- Tax Year 2012  CHART C - EXCELSIOR JOBS PROGRAM QUARTERLY REPORT - Businesses Issued Credits- Tax Year 2013 CHART D - EXCELSIOR JOBS PROGRAM QUARTERLY REPORT - Businesses Issued Credits- Tax Year 2014  CHART E - EXCELSIOR JOBS PROGRAM QUARTERLY REPORT - Businesses Issued Credits- Tax Year 2015 CHART F - EXCELSIOR JOBS PROGRAM QUARTERLY REPORT - Businesses Issued Credits- Tax Year 2016 CHART G - EXCELSIOR JOBS PROGRAM QUARTERLY REPORT - Businesses Issued Credits- Tax Year 2017 CHART H - EXCELSIOR JOBS PROGRAM QUARTERLY REPORT - Businesses Issued Credits- Tax Year 2018
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Press Release

Friday, October 23, 2020 - 4:00pm
$4.9 Million in Incentives Awarded to Manufacturers Across the State Will Provide Faster and More Secure Access to Life-Saving Medical Products   Governor Andrew M. Cuomo today announced that eight additional Empire State companies have received support from New York to produce needed supplies to help combat the COVID-19 pandemic. While New York currently has some of the lowest transmission rates in the United States, preparing for a second wave is vital to protecting essential healthcare workers and the public. These grant funds will help alleviate product shortages due to supply chain issues that could lead to unfair pricing practices. These companies will also increase the State's manufacturing capacity while creating new jobs and market opportunities. To date, more than $16 million in grants have been awarded to 28 qualifying New York-based companies to retool their business lines and pivot to manufacturing vital supplies for ongoing response and recovery efforts.    "During the pandemic, the nation learned the hard lesson of not having adequate and readily available supplies made in the United States. As a result, we had to scramble for live-saving products that are mainly manufactured overseas," Governor Cuomo said. "New York is building back better and our plan to move forward includes investing in the infrastructure that will keep us prepared and support local companies." In March, Governor Cuomo asked companies with New York-based operations to retool production lines in order to manufacture approved COVID-19 critical supplies, such as ventilators, test kits and PPE, including N95 respirators, surgical masks, gowns and face shields. Governor Cuomo has already announced 20 companies for State investment to manufacture supplies to address COVID-19, eight of which were previously awarded $4 million to help make the products here in New York State.    "At a time when we were scouring the earth in search of personal protective equipment, New York State's manufacturers answered the call to support our COVID-19 frontline heroes," Lieutenant Governor Kathy Hochul said. "We are proud to support our innovative manufacturers who are stepping up to save lives and are a model for how we build back better for the post-pandemic future." Empire State Development Acting Commissioner and President & CEO-designate Eric Gertler said, "New York State is home to many of the world's most innovative companies. ESD's support for these businesses not only answers Governor Cuomo's call for New York industries to assist with efforts to fight the coronavirus, but also reflects the investment that is being made to strengthen the State's manufacturing sector to adapt quickly to new market opportunities and continue its record of smart growth as we build back better." Read the full press release here.
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