Sentences with phrase «many economic development funds»

She also mentioned the creation of an «economic development fund» for Quebec.

This naturally pushes early stage investing to smaller investment sources; angels and government sources like SBIR's, economic development funds, and state focused specific funds for a start - up's first round of investment.

Backers included impact investors such as Omidyar Network, Soros Economic Development Fund, Accion and Calvert Foundation as well as JP Morgan, TIAA - CREF and several development finance agencies.

She said her government would also establish an economic development fund for the province and work to ensure that business owners benefit as much as possible from the oil exploration project on Anticosti Island.

The difference is that the state needs to have the money in an economic development fund to provide the rebate to firms.

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.

State Comptroller Tom DiNapoli said the state needs more accountability when giving out economic development funds, noting this year's budget again relies heavily on lump sum appropriations that have little oversight regarding their allocation.

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 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.

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.

SYRACUSE, N.Y. — New York's top financial official today said the state needs more accountability when giving out economic development funds.

«It has now been determined that these projects will be funded from the New York Works Economic Development Fund to better facilitate management of the program,» the memo states.

Gov. Andrew Cuomo is «100 percent supportive» of an effort by upstate business leaders, including many of his top allies, to increase an upstate economic development fund from $ 1.5 billion to $ 2.5 billion.

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.

«There's no question that the investigation that's going on, the indictments, bring a lot of pause to the whole question of economic development funding,» said Sen. George Amedore, an Albany - area Republican whose district stretches across a large section of the Mohawk and Hudson River valleys.

«The Legislature managed economic development funds for Buffalo for 20 years, spent billions and accomplished nothing while Buffalo continued to decline.

State lawmakers at one time did have more control over economic development funds.

Public Forums to learn about the CFA process and how to access the up to $ 1 billion in economic development funding from agency programs through one application

Later this week, Gov. Andrew Cuomo is scheduled to hand out more than $ 2 billion in economic development funds to regional groups.

The North Country Regional Economic Development Council (NCREDC) received $ 61.4 in economic development funds Dec. 8, 2016 at the Egg Center for Performing Arts in Albany.

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).

ALBANY — A slew of Cuomo - allied upstate business leaders lobbied legislators on Wednesday for more economic development funding, but continued to take no position on whether it should funneled through a competition as Governor Andrew Cuomo has proposed.

Businesses, and their employees and principals, which hold or seek state contracts or receive state economic development funding?

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.

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.

BUFFALO, N.Y. — For more than a decade, Erie County has not been able to access millions of dollars in economic development funding because of a conflict between two federal agencies.

We are going to win the majority because we have the right candidates and the right message, and whether it's providing record support for schools, delivering a 20 percent middle - class income tax cut, or ensuring every region of the state gets its fair share of infrastructure and economic development funding, New Yorkers know that Senate Republicans have their backs.»

«First, does the legislature and public know how economic development funds are being spent?

Abinanti said he would take a billion dollars from Cuomo's proposed economic development fund and put it toward construction projects like closing or improving railroad crossings.

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.

«As a Senator and small business owner who employs union workers, he has taken steps to protect workers; cutting taxes, securing economic development funding to put people to work and giving them greater opportunity to earn a good living and support their families.

Consider, too, that the block of the Senate's nine - member Long Island delegation won a $ 400 million infusion of state economic development funds.

Cuomo is scheduled to hand out more than two billion dollars in economic development funds to regional groups next week.

Reporters in Rochester asked Cuomo if he could truly claim parity even as he proposing another $ 500 million in economic development funding for Western New York, an area that already famously received the Buffalo Billion.

The Cuomo administration is branching out from Buffalo in doling out millions of dollars worth of economic development funds.

Next week, Governor Cuomo is scheduled to hand out more than two billion dollars in economic development funds to regional groups.

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.

There are still disagreements over how to disperse economic development funds for upstate New York — Skelos and Assembly minority leader Brian Kolb said they want to see Cuomo's plans modified — as well as a proposed increase in the minimum wage.

New York state's 10 economic regions received more than $ 700 million in new economic development funding on Thursday.

Economic development funding was announced for the 10 Regional Economic Development Councils across New York today.

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.

Skelos said he wanted to see Cuomo's proposal for an upstate economic development funding competition modified.

These include the elimination of $ 8 million in economic development funding under the JOBSNow, technology transfer, facility development and state marketing programs, and for new investments at Albany Nanotech.

If elected, he wishes to turn his experience to working with other elected officials to procure economic development funds from outside of the tax base.

In the Senate, it means more comprehensive public reporting about how economic development funding for programs like the Buffalo Billion is spent.

The first was the inclusion of up to $ 32 million in last week's budget extender, part of $ 16.4 billion in economic development funding statewide.

Open Society Foundations, «Soros Economic Development Fund, Omidyar Network, and Google.org Launch Small to Medium Enterprise Investment Company for India,» Feb. 19, 2008

The Hotel Syracuse is receiving a multi-million dollar state grant through New York's competitive economic development funding program.

Transparency was the focus of DiNapoli's February analysis of the 2016 - 17 executive budget, and on Tuesday in Syracuse he urged better oversight of the disbursement of economic development funds and less of a reliance on lump - sum disbursements.