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.
The Cuomo administration is branching out from Buffalo in doling out millions of dollars worth
of economic development funds.
«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.
Not exact matches
Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability
of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military
development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost
of accommodating, announced increases in the build rates
of certain aircraft; 6) the effect on aircraft demand and build rates
of changing customer preferences for business aircraft, including the effect
of global
economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result
of global
economic uncertainty or otherwise; 8) the effect
of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution
of key milestones such as the receipt
of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation
of our announced acquisition
of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability
of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk
of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production
of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts
of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak
of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact
of future discount rate changes on pension obligations; 17) our ability to borrow additional
funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition
of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect
of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect
of changes in tax law, such as the effect
of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations
of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect
of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability
of raw materials and purchased components; 23) our ability to recruit and retain a critical mass
of highly - skilled employees and our relationships with the unions representing many
of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment
of interest on, and principal
of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness
of any interest rate hedging programs; 28) the effectiveness
of our internal control over financial reporting; 29) the outcome or impact
of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition
of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result
of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks
of doing business internationally, including fluctuations in foreign current exchange rates, impositions
of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
She also mentioned the creation
of an «
economic development fund» for Quebec.
The project — which was
funded by the American Samoa
Economic Development Authority, the Environmental Protection Agency, and the Department
of Interior — was implemented within one year and commenced operations this week.
Conlon & Co founded and managed two successful investments
funds: a $ 100 million mezzanine lending
fund which provided financing on over $ 1 billion
of development projects as well as a $ 50 million real estate opportunity which acquired distressed property in Chicago and the Southeast during the 2008 — 2011
economic crisis.
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.
While representing the vast majority
of its metro region, Calgary
Economic Development also benefits from diversified
funding from the city, private industry and other levels
of government.
In fact, recent studies by both the International Monetary
Fund and the Organization
of Economic Co-operation and
Development concluded that Canadian renters get a better deal compared to their owner counterparts than renters in almost every other wealthy country.
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.
The scandal surrounding the government is due to one
of Najib's pet projects, the 1Malaysia
Development Berhad (1MDB) fund, launched in 2008 to promote economic d
Development Berhad (1MDB)
fund, launched in 2008 to promote
economic developmentdevelopment.
Simultaneously, the powerful Caisse de dépôt et placement du Québec pension
fund, with its murky partial mandate to support
economic development, boosted its holdings
of Rona stock without explanation.
You rely on the International Monetary
Fund (IMF), the Organisation for
Economic Co-operation and
Development (OECD), HM Treasury and the Bank
of England to support the «Remain» case, yet:
It relies upon 13 expert data sources, including assessments from the World Bank, the African
Development Bank and the World
Economic Forum, to determine levels
of bribery, diversion
of public
funds, use
of public office for private gain and other issues
of corruption.
Among the factors that could cause actual results to differ materially are the following: (1) worldwide
economic, political, and capital markets conditions and other factors beyond the Company's control, including natural and other disasters or climate change affecting the operations
of the Company or its customers and suppliers; (2) the Company's credit ratings and its cost
of capital; (3) competitive conditions and customer preferences; (4) foreign currency exchange rates and fluctuations in those rates; (5) the timing and market acceptance
of new product offerings; (6) the availability and cost
of purchased components, compounds, raw materials and energy (including oil and natural gas and their derivatives) due to shortages, increased demand or supply interruptions (including those caused by natural and other disasters and other events); (7) the impact
of acquisitions, strategic alliances, divestitures, and other unusual events resulting from portfolio management actions and other evolving business strategies, and possible organizational restructuring; (8) generating fewer productivity improvements than estimated; (9) unanticipated problems or delays with the phased implementation
of a global enterprise resource planning (ERP) system, or security breaches and other disruptions to the Company's information technology infrastructure; (10) financial market risks that may affect the Company's
funding obligations under defined benefit pension and postretirement plans; and (11) legal proceedings, including significant
developments that could occur in the legal and regulatory proceedings described in the Company's Annual Report on Form 10 - K for the year ended Dec. 31, 2017, and any subsequent quarterly reports on Form 10 - Q (the «Reports»).
The political noise is due to a continuing scandal over one
of Najib's pet projects, the 1Malaysia
Development Berhad (1MDB) fund, launched in 2008 to promote economic d
Development Berhad (1MDB)
fund, launched in 2008 to promote
economic developmentdevelopment.
Just five months later, the company raised another $ 16 million in a Series A
funding round, which included Highland Capital Partners, Fontinalis Partners — the VC firm co-founded by Bill Ford — Signal Ventures, EDBI, the dedicated corporate investment arm
of the Singapore
Economic Development Board, and Samsung Ventures.
H.B. 929 Status: Failed Relates to promotion
of cybersecurity in the Commonwealth, initiates several efforts to promote
economic development, research and
development, and workforce
development of the cybersecurity industry in the Commonwealth, creates two new matching grant
funds, adds one administered by the Innovation and Entrepreneurship Investment Authority for private entities that collaborate with one or more public institutions
of higher education on research and
development related to cybersecurity.
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.
Last week, the Ministry
of Technology, Trades and
Economic Development announced the first wave
of handouts from its Innovative Clean Energy
Fund.
Instead, the Committee has been forced to use the
economic forecasts from the Bank of Canada, the International Monetary Fund (IMF) and Organization for Economic Cooperation and Development (OECD) as the backdrop for its
economic forecasts from the Bank
of Canada, the International Monetary
Fund (IMF) and Organization for
Economic Cooperation and Development (OECD) as the backdrop for its
Economic Cooperation and
Development (OECD) as the backdrop for its reports.
Funded through the Federal
Economic Development Agency for Southern Ontario (FedDev Ontario) and with support from the Canadian Innovation Centre (CIC) and a consortium
of other non-profit Regional Innovation Centres, including MaRS, the program is geared to train as many as 450 entrepreneurs over 15 months, and provide as much as $ 4 million in seed financing to qualified applicants.
Other
economic policies include reducing the regulatory burden for small businesses and northern
development; a new $ 75 million venture capital fund to help businesses commercialize new technology developments; a $ 900 million Strategic Aerospace and Defence Initiative and a $ 250 million Automotive Innovation Fund to support these industrial sectors; a $ 1 billion Community Development Trust to support communities and workers in struggling industries; a commitment to reduce inter-provincial trade barriers by 2010; pursuing new trade agreements with emerging markets; as well as a reorganization of federal regional development
development; a new $ 75 million venture capital
fund to help businesses commercialize new technology developments; a $ 900 million Strategic Aerospace and Defence Initiative and a $ 250 million Automotive Innovation Fund to support these industrial sectors; a $ 1 billion Community Development Trust to support communities and workers in struggling industries; a commitment to reduce inter-provincial trade barriers by 2010; pursuing new trade agreements with emerging markets; as well as a reorganization of federal regional development strateg
fund to help businesses commercialize new technology
developments; a $ 900 million Strategic Aerospace and Defence Initiative and a $ 250 million Automotive Innovation
Fund to support these industrial sectors; a $ 1 billion Community Development Trust to support communities and workers in struggling industries; a commitment to reduce inter-provincial trade barriers by 2010; pursuing new trade agreements with emerging markets; as well as a reorganization of federal regional development strateg
Fund to support these industrial sectors; a $ 1 billion Community
Development Trust to support communities and workers in struggling industries; a commitment to reduce inter-provincial trade barriers by 2010; pursuing new trade agreements with emerging markets; as well as a reorganization of federal regional development
Development Trust to support communities and workers in struggling industries; a commitment to reduce inter-provincial trade barriers by 2010; pursuing new trade agreements with emerging markets; as well as a reorganization
of federal regional
development development strategies.
Implementing a BAT should bolster the competitiveness
of US firms, eliminate the existing incentive to keep profits offshore, and raise the revenue needed to
fund a substantial cut in the statutory corporate income tax rate (currently the highest in the Organisation for
Economic Co-Operation and
Development [OECD]-RRB-.
To establish the
fund and pay to market it to women entrepreneurs, Brand and Rupp obtained a two - year $ 250,000
economic development matching grant from the U.S. Department
of Commerce.
The Minister claimed that the «International Monetary
Fund's annual review
of Canada's
economic developments and policies, which strongly supports the Government's plan to return to balanced budgets over the medium term».
Examples
of these risks, uncertainties and other factors include, but are not limited to the impact
of: adverse general
economic and related factors, such as fluctuating or increasing levels
of unemployment, underemployment and the volatility
of fuel prices, declines in the securities and real estate markets, and perceptions
of these conditions that decrease the level
of disposable income
of consumers or consumer confidence; adverse events impacting the security
of travel, such as terrorist acts, armed conflict and threats thereof, acts
of piracy, and other international events; the risks and increased costs associated with operating internationally; our expansion into and investments in new markets; breaches in data security or other disturbances to our information technology and other networks; the spread
of epidemics and viral outbreaks; adverse incidents involving cruise ships; changes in fuel prices and / or other cruise operating costs; any impairment
of our tradenames or goodwill; our hedging strategies; our inability to obtain adequate insurance coverage; our substantial indebtedness, including the ability to raise additional capital to
fund our operations, and to generate the necessary amount
of cash to service our existing debt; restrictions in the agreements governing our indebtedness that limit our flexibility in operating our business; the significant portion
of our assets pledged as collateral under our existing debt agreements and the ability
of our creditors to accelerate the repayment
of our indebtedness; volatility and disruptions in the global credit and financial markets, which may adversely affect our ability to borrow and could increase our counterparty credit risks, including those under our credit facilities, derivatives, contingent obligations, insurance contracts and new ship progress payment guarantees; fluctuations in foreign currency exchange rates; overcapacity in key markets or globally; our inability to recruit or retain qualified personnel or the loss
of key personnel; future changes relating to how external distribution channels sell and market our cruises; our reliance on third parties to provide hotel management services to certain ships and certain other services; delays in our shipbuilding program and ship repairs, maintenance and refurbishments; future increases in the price
of, or major changes or reduction in, commercial airline services; seasonal variations in passenger fare rates and occupancy levels at different times
of the year; our ability to keep pace with
developments in technology; amendments to our collective bargaining agreements for crew members and other employee relation issues; the continued availability
of attractive port destinations; pending or threatened litigation, investigations and enforcement actions; changes involving the tax and environmental regulatory regimes in which we operate; and other factors set forth under «Risk Factors» in our most recently filed Annual Report on Form 10 - K and subsequent filings by the Company with the Securities and Exchange Commission.
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
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).
In the US, the Obama administration has
funded a range
of initiatives that require the use
of evidence - based strategies in areas such as teen pregnancy prevention, home visiting, education and workforce innovation.2, 3 In the field
of home visiting, an increasing number
of programs have been rigorously evaluated and have demonstrated evidence
of effectiveness in outcome domains such as parenting, maternal and child health, child
development and school readiness, reductions in child maltreatment, and family
economic self - sufficiency.4, 5,6
Earlier this month, U.S. Rep. Rosa L. DeLauro, D - 3rd District, introduced the Diaper Investment and Aid to Promote
Economic Recovery Act (DIAPER) Act, a bill that would amend the Child Care and
Development Block Grant Act
of 1990 to allow
funding for diapers and diaper supplies.
But the potential disbursement
of funds through an arm
of SUNY Polytechnic comes as
economic development projects throughout the state are coming under scrutiny from federal investigators over how contracts are awarded.
David Cameron has cited the Organisation for
Economic Cooperation and
Development (OECD), the International Monetary
Fund, the Federation
of Small Businesses, the CBI and the Bank
of England as supporters
of his approach.
Our Regional Growth
Fund will target resources on areas most in need
of economic development.
Lawmakers on Monday passed extender resolutions to keep the government running through the end
of May, but also to
fund pretty much all
of Gov. Andrew Cuomo's
economic development program — not to mention a $ 2.5 billion water infrastructure package that pretty much all sides want — but not contentious issues like education / charter school
funding, raise the age and 421 - a.
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.
All ten regions competing for
economic development money were awarded some portion
of $ 788 million dollars in
funds in a ceremony led by Governor Cuomo Thursday, but some regions were more equal than others, with four areas receiving the top grant prizes.
API New York BlueRock Energy Buffalo Niagara Partnership Capital Region Chamber
of Commerce Central Hudson Chautauqua County Chamber
of Commerce Chemung County Chamber
of Commerce Constitution Pipeline Cortland County Chamber
of Commerce D.A. Collins Delaware Engineering Dominion Energy Eastern NY District Council
of Laborers Energy Coalition New York Energy Equipment and Infrastructure Alliance EnergyMark, LLC Engineers Labor - Employer Cooperative (ELEC 825) General Contractors Association
of NY Hudson Valley Building & Construction Trades Council Independent Oil & Gas Association
of NY (IOGA - NY) Independent Power Producers
of NY (IPPNY) International Union
of Operating Engineers Local 825 (IOUE 825) Iroquois IUOE Local 825 Joint Landowners Coalition Laborers District Council
of Eastern NY Laborers Local 17 LECET
Fund Manufacturers Association
of the Southern Tier Millennium Pipeline National Fuel Gas Company National Federation
of Independent Business North Country Chamber
of Commerce NYS Building & Construction Trades Council NYS Conference
of the International Union
of Operating Engineers NYS
Economic Development Council NYS LECET
Fund (Laborers - Employers Cooperation & Education Trust) Orange County Partnership Otsego County IDA Penn - York Land Services Corp..
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.
• Converting a portion
of current formula - based
funding for agriculture and markets research,
economic development, local government and juvenile detention programs into competitive, performance - based
funding program.
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.
The Senate denies any actions by the Executive to administratively establish an Office
of Workforce
Development within the Executive Chamber, and any action by the Executive to create a new Consolidated Funding Application through the Regional Economic Development Councils for various existing programs related to workforce d
Development within the Executive Chamber, and any action by the Executive to create a new Consolidated
Funding Application through the Regional
Economic Development Councils for various existing programs related to workforce d
Development Councils for various existing programs related to workforce
developmentdevelopment.
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.