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Press Release
Monday, February 13, 2023 - 5:20pm
Budget Includes Nearly $40 Million to Support Higher Education Projects in Strategic Workforce Sectors
Includes $96 Million to Construct and Revitalize Necessary Transportation Infrastructure and $15 Million to Upgrade Green Spaces
Traducción al español
Governor Kathy Hochul today announced details of key proposals from her Fiscal Year 2024 Executive Budget to grow jobs and boost the economy in the Finger Lakes region of New York. In line with the 2023 State of the State, the budget includes a major investment to increase housing supply and expand economic opportunity and innovation in the region.
"My administration is not just talking about making the Finger Lakes region more affordable, more livable, and safer - we are providing the resources to make it happen," Governor Hochul said. "These significant investments in housing, the growing semiconductor manufacturing industry, education, and infrastructure will create more opportunities for New Yorkers and ensure that the region remains prosperous for generations to come."
Read the full press release here.
Public Notice
Friday, February 10, 2023 - 2:00pm
View all grants to be presented at the batch virtual public hearing.
Public Notice
Friday, February 10, 2023 - 2:00pm
View public notice.
View public hearing instructions.
Press Release
Thursday, February 9, 2023 - 3:56pm
State Tax Credits Support Life Sciences Innovation, DNA Manufacturing, and Job Creation
Builds Upon $350 Million Long Island Investment Fund to Bolster Biotechnology Growth
Governor Kathy Hochul today announced state support for Applied DNA Sciences, Inc.'s ongoing development of the company's LinearDNA platform for the manufacturing of the next generation of DNA-based medicines. Applied DNA Sciences is a leader in polymerase chain reaction DNA technologies, and LinearDNA is a direct alternative to plasmid DNA used in the production of DNA-based medicines, such as gene therapies and mRNA vaccines. This technology, developed by Applied DNA Sciences in the Stony Brook University High Technology Incubator, has the potential to drive new innovation in the life sciences industry.
"With its team of world-class researchers, scientific breakthroughs, and innovative medicine manufacturing, Applied DNA Sciences will now join New York's thriving life sciences corridor on Long Island," Governor Hochul said. "Through major initiatives like our Excelsior Jobs program and $350 million Long Island Investment Fund, New York continues to invest in high-growth industries like life sciences to stimulate the regional economy, create the jobs of tomorrow, and build the next major hub for innovation right here in our state."
Empire State Development President, CEO and Commissioner Hope Knight said, "Today's Applied DNA Sciences announcement showcases the incredible strength of Long Island's life science ecosystem and will act as a catalyst for even more innovation and growth in the development of DNA therapies. The use of LinearDNA will allow biotech researchers and scientists to create life-changing medicine and treatments that will improve the lives of New Yorkers on Long Island and across the State"
Read the full press release here.
Press Release
Tuesday, February 7, 2023 - 2:22pm
New York Power Authority Approves Awards for Edwards, World Leader in Vacuum and Abatement Equipment in Semiconductor Industry, Spurring $212 Million in Capital Investments and Creating More Than 340 Jobs
Firm’s Expansion Brings Critical Component of Semiconductor Manufacturing Process to Upstate New York
Governor Kathy Hochul today announced that the New York Power Authority Board of Trustees approved economic development awards to Edwards—a British-based world leader in vacuum and abatement equipment in the semiconductor industry and part of the Atlas Copco Group—that will spur more than $212 million in capital investments, as the first phase of a $319 million overall project, and create 343 jobs. Governor Hochul first announced the firm’s decision to build a new facility at the Western New York Science & Technology Advanced Manufacturing Park in Genesee County in November 2022.
“Upstate New York’s emergence as a global hub for advanced manufacturing is stimulating unprecedented, transformative investments that will deliver the jobs of tomorrow to New York’s talented workforce,” Governor Hochul said. “By providing these firms with the tools and support they need to thrive, New York is furthering its legacy of innovation and cementing itself as a leader in the semiconductor industry.”
New York Power Authority Acting President and CEO Justin E. Driscoll said, “Securing key supply chain partners for New York’s growing semiconductor industry helps ensure that cutting-edge technologies will be developed right here in New York. NYPA hydropower plays a critical role in attracting leading manufacturers to our state and helps secure large-scale investments while creating well-paying jobs.”
Empire State Development President, CEO and Commissioner Hope Knight said, “Attracting supply chain partners in the semiconductor industry is key building a stronger ecosystem in New York State and we are pleased to partner with NYPA and other state agencies to ensure that New York State is the top location for this industry and the many good jobs they will bring.”
Read the full press release here.
Press Release
Tuesday, February 7, 2023 - 10:55am
The World’s Largest Business Accelerator for Uncrewed Systems is Accepting Applications through May 17
GENIUS NY is Suported by “CNY Rising” – The Region’s Comprehensive Strategy to Revitalize Communities and Grow the Economy
Empire State Development (ESD) today announced that GENIUS NY – the world’s largest business accelerator focused on uncrewed aerial systems – is now accepting applications for the seventh round of the year-long program. The in-residence accelerator, operated by CenterState CEO in downtown Syracuse, will invest more than $3 million in five finalist companies, including a $1 million grand prize. The program also offers company stipends, resources, programming, mentorship, and networking opportunities to assist innovative startups with the tools they need to take advantage of emerging opportunities. GENIUS NY participants are required to operate their business in Central New York for at least one year. The program is funded through the CNY Rising Upstate Revitalization Initiative (URI), the region’s award-winning strategic plan to generate robust economic growth and community development.
Empire State Development President, CEO & Commissioner Hope Knight said, “GENIUS NY’s seventh round will help to further fuel Central New York’s thriving uncrewed aerial systems industry. This unique business accelerator competition is attracting forward-thinking entrepreneurial ideas and innovators to the region, as well as top companies that are ready to take advantage of the area's unmatched UAS assets and infrastructure."
Applications are being accepted at www.geniusny.com through May 17, 2023 from tech startups focused in uncrewed aerial systems, IoT, big data, and robotics. Subsets may include precision and remote sensing, smart city applications, data collection and analytics, guidance or communication systems, and sensors, among other technological categories.
“We are looking for high-potential teams who want to join our program so they can accelerate the growth of their companies and become engaged in the region’s growing UAS and UTM ecosystem,” said Kara Jones, director of GENIUS NY. “GENIUS NY is a unique program in that it provides targeted resources to companies so they can scale faster and generate revenue sooner. Through six rounds of this accelerator program, we have seen impact and advancement of this sector within our economy, which is a proven jobs creator.”
Applications are evaluated by a panel of judges, and semi-finalists will be selected to present demos and pitches this spring. Five companies will advance to participate in the program, which is structured as a unique programmed incubator and accelerator experience. The selected teams will enter the in-residence accelerator at The Tech Garden later this summer where they will be immersed in the incubator's events, resource pool, and mentoring. Applicants should be prepared to relocate to Central New York to participate in the program starting in August.
The program has attracted more than 32 startups to Central New York since its inception in 2017. To date, the innovative teams have gone on to raise more than $100 million in venture capital and have created more than 80 upstate New York jobs.
Round six winner, ArchAngel Imaging received the top prize of $1 million in November 2022. The company has seen significant growth in Central New York and has partnered with several local providers and customers. They recently made their first U.S hire and last month partnered with past GENIUS team, Circle Optics to combine their 360-degree imaging with its data science and software.
Senator Rachel May said, “It’s exciting to see the continued success of the GENIUS NY Accelerator. With the beginning of its seventh round, this program is now integral to our burgeoning drone industry. It ensures that more tech businesses will call Central New York home, bringing high-paying jobs to the area. There’s no doubt that welcoming these innovative companies to the GENIUS NY Accelerator will benefit our community in many ways. Congratulations on the program, and I’m looking forward to many more successful years.”
Senator John Mannion said, "I voted to fund the GENIUS NY program so Central New York can continue to be the epicenter of uncrewed aerial systems innovation and collaboration. This is the world's largest business accelerator for UAS and under the guidance of CenterState CEO, entrepreneurs receive in-residence incubator and accelerator experience to grow their companies in New York. With the seventh round now open, GENIUS NY and our UAS sector continue to soar!”
Assemblymember William B. Magnarelli said, “The Genius NY competition continues to help Central New York maintain its status as a hub for innovative companies exploring uncrewed aerial systems and other leading-edge technologies. The partnerships and opportunities created locally during the entrepreneurial stage create a catalyst for growth and industry leadership. I look forward to watching its collaboration, with both the Tech Garden and local companies, bring expertise and new ideas to the forefront of the unmanned aerial systems industry."
Assemblymember Pamela Hunter, “The GENIUS NY Accelerator continues to attract some of the best and the brightest minds in the world to New York to develop tomorrow’s UAS technology. I support this initiative from the Governor and look forward to seeing the next innovation to come from this program.”
Assemblyman Al Stirpe said, “The seventh round of the Genius NY Program continues to leverage previous State investments in the UAS market. With the only non line-of-site test corridor in the nation, the program continues to grow the uncrewed aerial system cluster here in CNY as well as encouraging the growth of a strong entrepreneurial culture”.
Onondaga County Executive Ryan McMahon said, "This accelerator is making a real mark in Central New York. I have no doubt that the seventh round of the GENIUS NY competition will help us to continue to build on that success as these incredible innovators from across across the globe bring their ideas to Onondaga County. This focused competition provides businesses with all of the tools and resources they need to ensure their long-term success here and we are looking forward to seeing the groundbreaking work that emerges from this latest round."
Central New York Regional Economic Development Council Co-Chairs Randy Wolken, president and CEO of the Manufacturers Association of Central New York (MACNY), and, Le Moyne College President Linda M. LeMura said, "We are incredibly excited to see what the next round of innovative entrepreneurs will bring to the table. Through our continued support for the GENIUS NY competition, we are ensuring that New York state remains at the forefront of the growing UAS industry in Central New York, creating new opportunities and jobs for residents in the region for decades to come."
To apply and learn more about GENIUS NY visit, www.geniusny.com.
To learn more about CenterState CEO, visit: www.centerstateceo.com.
Accelerating CNY Rising
Today's announcement complements “CNY Rising,” the region’s comprehensive strategy to generate robust economic growth and community development. The regionally designed plan focuses on capitalizing on global market opportunities, strengthening entrepreneurship and creating an inclusive economy. More information is available 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 the 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:
Shari Voorhees-Vincent | [email protected]| (585)399-7055
Press Office | [email protected] | (800) 260-7313
Report
Monday, February 6, 2023 - 12:59pm
This report serves as the December 2022 quarterly update to the COVID-19 Pandemic Small Business Recovery Grant Program Report.
COVID-19 Pandemic Small Business Recovery Grant Program Report - December 2022 Update
Press Release
Friday, February 3, 2023 - 12:52pm
State Funding of $12.75 Million Supports Future Generations of Veterinarians
State-of-the-Art Facility Will Attract Skilled Professionals, New Job Opportunities, and Economic Growth to Region
Learning Center Serves as Anchor of the College of Veterinary Medicine
Long Island University College of Veterinary Medicine is One of Only Four Veterinary Programs in the Northeast
Governor Kathy Hochul today announced the ribbon cutting of Long Island University's College of Veterinary Medicine Learning Center at its Long Island University Post campus in Brookville, Nassau County. Long Island University invested $53 million to establish the College of Veterinary Medicine, which includes today's announcement of the new $26 million Veterinary Learning Center. This state-of-the-art, 33,100-square-foot facility serves as the anchor of the College of Veterinary Medicine and will prepare students enrolled in the Doctor of Veterinary Medicine program with a comprehensive education and real-world skills through a four-year program. Supported by New York State funding of $12.75 million, the College of Veterinary Medicine is the only veterinary program recognized by the American Veterinary Medical Association Council on Education in the New York metropolitan area and one of only four veterinary schools in the Northeast United States.
"New York State's investment in Long Island University College of Veterinary Medicine underscores our commitment to meeting the growing demand for state-of-the-art veterinary services and ensuring New Yorkers have access to education and training for the career path of their choice," Governor Hochul said. "These new facilities, equipped with the latest technology and staffed by experienced educators, will provide students with the hands-on experience they need to become competent and compassionate veterinary professionals who can safeguard animal health and preserve the environment."
The education and training provided in veterinary programs is the cornerstone of producing highly-skilled professionals in the field of animal care and public health. The Learning Center offers hands-on learning experiences through clinical rotations and internships, allowing students to gain practical skills and knowledge in a variety of settings. The facility features state-of-the-art student-faculty research laboratory spaces comprising large lecture theaters, classrooms, clinical skills laboratories, seminar rooms, and a small animal simulation suite including examination rooms, surgical suites, and a medical imaging center. Students will gain real-world experience in surgery, diagnostic support, intensive care, and other areas critical for successful veterinary practice through external partnerships with more than 75 affiliates, including primary care and specialty clinics, zoos, research laboratories, shelters, veterinary industry leaders, and other universities.
Read the full press release here.
Press Release
Friday, February 3, 2023 - 12:49pm
$5,000 to $50,000 Grants Will Be Available on February 3 for Small Businesses in Designated Area of East Buffalo Following Racially Motivated May 2022 Mass Murder
Governor Kathy Hochul today announced that applications will be available for the East Buffalo Small Business Working Capital Grant Program from February 3 to February 17. The $3 million program will provide grants of $5,000 to $50,000 to eligible small businesses in a designated area of East Buffalo to help largely minority-owned establishments rebound from the social and economic impacts of the mass shooting at a Tops Friendly Market on Jefferson Avenue earlier this year. The Local Initiatives Support Corporation - New York will administer the program on behalf of Empire State Development. Eligible businesses can submit pre-applications here. For more information on the program, including eligibility and FAQs, click here.
"The East Buffalo Small Business Working Capital Grant Program is the latest step in the State's long-term commitment to uplifting this community," Governor Hochul said. "As a born-and-raised Western New Yorker, I witnessed first-hand the strength, resilience, and passion that runs through this community. Now, we are addressing decades of disinvestment and neglect through programs like this Small Business Working Capital Grant Program to help the largely minority-owned businesses in East Buffalo continue serving residents and forge a new path forward for the region's economy."
Senior Executive Director of LISC NY, Valerie White said, "The foundation of all initiatives for LISC NY are concentrated around the principles of conscious and effective investment into community programs where New Yorkers are in the most need. East Buffalo has been uniquely affected recently by domestic terror, and severe, incessant climate emergencies. This considerable investment into the people and local economy of East Buffalo, NY will directly benefit the local small businesses already making a concentrated impact within the community. We commend Governor Hochul for recognizing the needs of varying types of small businesses unique to regions of the state and those amongst commercial corridors in East Buffalo. We look forward to working side by side with Empire State Development to administer this pivotal grant program for the people of East Buffalo, strengthening the backbone of this resolute community - reinforcing and developing the celebrated region for generations to come."
Empire State Development President, CEO & Commissioner Hope Knight said, "The horrific acts of this past May will not define the community of East Buffalo, nor undermine its strength and spirit. With $3 million in targeted working capital grants to help eligible small businesses defray operating costs, New York State is taking additional steps to ensure the area's predominantly minority-owned enterprises have the support they need to serve the community."
Read the full press release here.
Press Release
Thursday, February 2, 2023 - 6:00pm
Company Commits to Creating 90 New Jobs at Sunset Park Location
New 30,000 Square-Foot Facility Supports Company's Retail and Taqueria Operations, and Grows Local Manufacturing Economy
Traducción al español
Governor Kathy Hochul today announced the completion of Tacombi's new food manufacturing facility at The Whale Building in Sunset Park, Brooklyn. Tacombi is a food and beverage brand based in New York City that is focused on connecting people to Mexico. Tacombi's new 30,000 square-foot state-of-the-art facility will allow the company to expand operations and increase production capacity. Tacombi has committed to creating at least 90 new full-time jobs as part of this expansion, supported by up to $1 million in performance-based Excelsior Jobs Program tax credits from Empire State Development.
"The completion of Tacombi's new manufacturing facility in Brooklyn is a testament to our efforts to revitalize the state's manufacturing industry and bring quality jobs to New York," Governor Hochul said. "From a stand on the beaches of Mexico to the streets of New York, Tacombi serves as the ultimate New York City success story, and I am excited they will be able to share their signature dishes with restaurants and retailers around the country."
New York City Mayor Eric Adams said, "New York City is back in business, and I'm thrilled that as of today, that includes Tacombi's Vista Hermosa tortilla factory. This state-of-the-art facility is a win-win for New York City, supplying fresh tortillas to Tacombi restaurants and retail outlets across the nation and creating local jobs right here in Sunset Park. My administration will always have the backs of our local businesses and I'm grateful to Governor Hochul for her support of New York City's manufacturing economy."
Launched as a taco stand on the beach in Mexico in 2006, Tacombi opened its first U.S. location in New York City's Nolita neighborhood in 2010. Tacombi now operates 11 taquerias across Manhattan, Brooklyn and Queens and has gained popularity for its authentic, made-from-scratch Mexican food. Vista Hermosa was created when Tacombi could not find tortillas that met their standards of authenticity, quality, and freshness for their taquerias and started making their own. Now manufactured in Brooklyn, Vista Hermosa products are sold at more than 2,000 stores across 40 states and served in Tacombi's 15 taquerias across New York City, Greater Washington D.C., and Miami. The 90 new, full-time employees will support various aspects of operations and production, and include machine operators, supervisors, mechanics, quality inspectors, and back-office staff.
Empire State Development President, CEO and Commissioner Hope Knight said, "The opening of Tacombi's new food manufacturing facility in Sunset Park is a testament to the diverse menu of business support that New York State offers, and we're proud to provide the ingredients that are crucial for businesses to meet their goals. This expansion adds jobs, helps diversify the New York City economy and continues to solidify the region's reputation as a place where businesses can start, operate, and grow."
Read the full press release here.