Plans for a truck - and - rail cargo hub - or inland port - were a key element of the «CNY Rising» plan that won $ 500 million
in state economic development funding in 2015.
JAMESTOWN - The Jamestown Downtown Revitalization Initiative local planning committee met Tuesday to continue the process on how to doll out $ 10 million
in state economic development funding.
But despite being billed as the final opportunity to for the public to offer input on the projects that could receive $ 10 million
in state economic development funding, the meeting actually focused on rolling out the tentative list, as selected by the local planning committee.
The North Country Regional Economic Development Council received $ 61.4 million
in state economic development funding on Thursday, Dec. 8, 2016 at the Egg Center for Performing Arts in Albany.
SARANAC The Town of Saranac was awarded $ 907,348
in state economic development funds last week, giving new life to a water project over two years in the making.
A University of Rochester project on the use of computers for health research has won $ 5 million
in state economic development funds — one of 11 state investments totaling $ 22 million announced by Cuomo yesterday.
But for Alain E. Kaloyeros, a physicist who rose from a basement laboratory at the State University at Albany to oversee hundreds of millions of dollars
in state economic development funds over a quarter - century, a more complex purpose seemed to be at work.
Albany, NY — The region's economic development officials got more than they hoped for from a trip to Albany Thursday, bringing home $ 103.7 million
in state economic development funds.
Not exact matches
Certain matters discussed
in this news release are forward - looking statements that involve a number of risks and uncertainties including, but not limited to, doubts about the Company's ability to continue as a going concern, the need to obtain additional
funding, risks
in product
development plans and schedules, rapid technological change, changes and delays
in product approval and introduction, customer acceptance of new products, the impact of competitive products and pricing, market acceptance, the lengthy sales cycle, proprietary rights of the Company and its competitors, risk of operations
in Israel, government regulations, dependence on third parties to manufacture products, general
economic conditions and other risk factors detailed
in the Company's filings with the United
States Securities and Exchange Commission.
SBDCs are hosted by leading universities and
state economic development agencies, and
funded in part through a partnership with SBA.
That's why Colorado's Office of
Economic Development and International Trade has taken an innovative step toward helping the entrepreneurial talent
in the
state's rural areas get access to early - stage
funding.
The difference is that the
state needs to have the money
in an
economic development fund to provide the rebate to firms.
Funding for Delicious New Mexico comes from Citi Community
Development «Citi believes
in the
economic boost that this network can bring to the
state of New Mexico and we're proud to support it,» said Melissa Briggs, NM State Director for Citi Community Develop
state of New Mexico and we're proud to support it,» said Melissa Briggs, NM
State Director for Citi Community Develop
State Director for Citi Community
Development.
IRRI's work
in India is supported by contributions from ICAR, the DAC;
state agricultural universities (SAUs); the Government of India and its Department of Biotechnology;
state agriculture departments (MOA); Asian
Development Bank (ADB); United
States Agency for International
Development (USAID); International
Fund for Agricultural
Development (IFAD); Bill & Melinda Gates Foundation (BMGF); Australian Centre for International Agricultural Research (ACIAR); Swiss Agency for
Development and Cooperation (SDC); International Initiative for Impact Evaluation; SARMAP; German Federal Ministry of
Economic Cooperation and
Development (BMZ); CGIAR Challenge Program on Water and Food (CPWF); CGIAR Climate Change, Agriculture, and Food Security Research Program (CCAFS); Generation Challenge Programme (GCP); Japan's Ministry of Finance; the Biotechnology and Biological Sciences Research Council of the UK (BBSRC), the Department for International
Development (DFID); and the European Commission (EC).
Cuomo announced almost $ 40 million to be rewarded to local projects for
economic development; $ 39.2 million
in economic development funding has been approved for 34 projects across the
state.
Capital also sought details of a September
fund - raiser that sources say was held at 677 Prime, an upscale Albany steakhouse, and according to records attended by members of the governor's Capital Region
Economic Development Council, which has a say
in what projects
in the eight counties surrounding Albany receive
state funding.
The Executive Budget establishes 10 Regional
Economic Development Councils, which will be chaired by Lieutenant Governor Robert Duffy, to create a more regionally - based approach to allocating economic development funding and to act as one - stop shops for all State - supported economic development and business assistance programs in each
Economic Development Councils, which will be chaired by Lieutenant Governor Robert Duffy, to create a more regionally - based approach to allocating economic development funding and to act as one - stop shops for all State - supported economic development and business assistance programs in e
Development Councils, which will be chaired by Lieutenant Governor Robert Duffy, to create a more regionally - based approach to allocating
economic development funding and to act as one - stop shops for all State - supported economic development and business assistance programs in each
economic development funding and to act as one - stop shops for all State - supported economic development and business assistance programs in e
development funding and to act as one - stop shops for all
State - supported
economic development and business assistance programs in each
economic development and business assistance programs in e
development and business assistance programs
in each region.
The governor has held an annual contest to make regions of the
state compete to win millions of dollars
in economic development funds.
Although the budget also provides $ 100 million to the MTA's capital program from redirected
economic development funds, it also proposes using $ 165 million of Metropolitan Mass Transportation Operating Assistance Account
funds to pay debt services on
State bonds previously issued for the MTA capital program that otherwise would be paid from the General
Fund and transferring $ 35 million
in MMTOA
funds to the General
Fund.
By the end of today, the three biggest recipients of
state economic development building contracts, plus the governor's Upstate nano - tech czar and SUNY Poly President, and one of the governor's closest aides will all be under federal or
state indictment
in a sprawling bribery and bid rigging scandal that involves close to $ 2B
in state funds.
At stake is more than $ 800 million
in funding that will be divvied up among regional
economic development councils around the
state, with some getting much large pieces of the pie than others.
Judges are appointed by the governor and determine the winners of the $ 750 million
in funds distributed within the
state's Regional
Economic Development Councils, and for the separate $ 1.5 B competition between different Upstate regions.
The Business Council also supports the continued
funding of the Wine and Grape Foundation appropriated at $ 713,000, for FY2014 - 15 and the
state's continued investment
in the Regional
Economic Development Councils, Open for Business and NY Works, which was estimated at $ 60 million
in 2013.
The unique situation stems from the dual role of SUNY Poly as both an academic institution and an integral part of the
state's
economic development efforts, with arms spanning the length of the Thruway from Albany to Buffalo, bringing
in hundreds of millions
in state and private
funding.
Close to $ 2 Billion
in public
funds in play Today's sweeping indictments by federal and
state prosecutors resoundingly confirm that the
state's use of non-profits and SUNY to award billions
in state economic development contracts has created huge and systemic opportunities for corruption.
But earlier this year, the
state's
economic development entity directed $ 70 million of that
funding to cover the cost of an LED factory that SUNY Poly and COR are building
in DeWitt.
But the governor called out the region's legislators for wanting to shift control of
state economic development funding away from the regional
economic development councils that Cuomo created and put the money back
in the hands of the Senate and Assembly for them to dole out individually.
One of the companies accused of participating
in the crimes received
funding through the
state's
economic development programs.
The businessmen, Steven Aiello and Joseph Gerardi of Syracuse - based COR
Development, wanted to build a parking lot as part of their plans to redevelop Syracuse's Inner Harbor, a project that received $ 1.5 million in funding from Empire State Development, the state's economic devel
Development, wanted to build a parking lot as part of their plans to redevelop Syracuse's Inner Harbor, a project that received $ 1.5 million
in funding from Empire
State Development, the state's economic development
State Development, the state's economic devel
Development, the
state's economic development
state's
economic developmentdevelopment arm.
The REDC and Consolidated
Funding Application (CFA) process have transformed
economic development in New York
State, creating a statewide framework for bottom - up regional
economic growth.
(June 22, 2017, Albany) A coalition of prominent government watchdog groups say Governor Cuomo, Senate Leader Flanagan and Speaker Heastie have completely failed to address the huge problems revealed by last year's alleged rigging of $ 800m
in state economic development contracts and that billions of
state funds remain at risk for bid rigging and pay to play.
Cuomo has steered billions
in state funds to Buffalo
in recent years, including millions for community improvement projects, and the Buffalo Billion, his
economic development initiative for the city.
The application was included
in the annual request for
state funding from the Central New York Regional
Economic Development Council.
Mahoney last night defended the
economic development council program, which many of her fellow Republicans have dubbed the «Hunger Games,» because it pits regions against one another
in the battle for
state funds — a process critics say is inequitable and unfair.
The governor appeared to do his best to answer questions openly, vowed to address flaws
in the
state's procurement process, and even promised more
economic development funding for Western New York.
Though a coveted $ 500 million prize
in the Upstate Revitalization Initiative eluded them, Capital Region
economic development boosters on Thursday celebrated the $ 98.1 million commitment from the
state to
fund 114 diverse projects aimed at moving the area's economy forward.
Mr. Percoco, who had served as Mr. Cuomo's executive deputy secretary, is accused of soliciting and taking more than $ 315,000
in bribes from 2012 to 2016 from two companies: Competitive Power Ventures, an energy company that was seeking
state approval to build a power plant
in the Hudson Valley, and COR
Development, a major developer in the Syracuse area that ended up with several large state - funded economic developmen
Development, a major developer
in the Syracuse area that ended up with several large
state -
funded economic developmentdevelopment projects.
The final budget is expected to include the governor's plan to allocate $ 1.5 billion, from $ 5.4 billion from bank settlement
funds, for an
economic development competition where seven regions
in the
state would compete for three awards of $ 500 million
in economic aid paid over the course of five years.
The $ 330 million Ferris wheel project
in Staten Island lost out on
state funding from Governor Andrew Cuomo's
economic development program yesterday.
The project is moving forward with more than $ 1.3 million
in resources from New York
State, including $ 930,000 in Urban Community Investment Fund and $ 385,000 from Empire State Development, the state's economic development agency, through the state's Consolidated Funding Application (
State, including $ 930,000
in Urban Community Investment
Fund and $ 385,000 from Empire
State Development, the state's economic development agency, through the state's Consolidated Funding Application (
State Development, the state's economic development agency, through the state's Consolidated Funding Applica
Development, the
state's economic development agency, through the state's Consolidated Funding Application (
state's
economic development agency, through the state's Consolidated Funding Applica
development agency, through the
state's Consolidated Funding Application (
state's Consolidated
Funding Application (CFA).
Miner said it would be inaccurate to draw specific conclusions about the commission's plan from the recent proposal submitted by the Central New York Regional
Economic Development Council for $ 500 million
in state funding.
It is the first
development in a planned six - phase neighborhood revitalization project funded through the Governor's Regional Economic Development Council and New York State Homes and Community Ren
development in a planned six - phase neighborhood revitalization project
funded through the Governor's Regional
Economic Development Council and New York State Homes and Community Ren
Development Council and New York
State Homes and Community Renewal (HCR).
Last week the Governor's Regional
Economic Development Council named the North Country region as a best plan awardee and gave the region $ 103.2 million
in state support to
fund 70 projects, including the Beaver Meadow Apartments.
He panned the governor's
economic development strategies, including $ 750 million
in state funding for the construction of the SolarCity plant
in Buffalo and $ 90 million for a factory
in the Syracuse area.
Lawmakers are also skeptical of Cuomo's promise to balance the budget — without big spending increases — while still
funding many of the pricey proposals he laid out
in his
state of the
state, which include upgrades to airports, big investments
in economic development and increases
in spending on education and workforce
development.
We support an additional $ 150 million
in capital
funding and $ 70 million
in Excelsior Job tax credits to be disbursed through the ten regional
economic development councils (extending current
state support levels.)
As part of the Regional Council initiative, a NYS Consolidated
Funding Application (CFA) was created to serve as the single application
economic development projects must complete to be eligible to access the $ 1 billion
in state resources that have been made available to support the Regional Councils.
On July 20, 2011, as part of a historic initiative to transform New York
State's model for
economic development and job creation, Governor Cuomo announced that up to $ 1 billion
in economic development funding would be made available through a Consolidated Application Process (CFA).
The project was part of a winning bid from the Central New York Regional
Economic Development Council that won $ 500 million
in state funding as part of Gov. Andrew Cuomo's Upstate Revitalization Initiative.
While top honors instead went to Central New York, the Finger Lakes and the Southern Tier, the region did lock
in $ 85.1 million
in regional
economic development funds on Thursday, bringing the total over a five - year period to nearly a half - billion
in state investment.