Consider, too, that the block of the Senate's nine - member Long Island delegation won a $ 400 million infusion
of state economic development funds.
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.
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.
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.
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.
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).
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.
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 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.
The gist
of our testimony was that the legislature should not appropriate any new
funds for discretionary
economic development programs until there are major transparency and accountability reforms, including a Database
of Deals, Clean Contracting reforms and restrictions on campaign contributions from
state -LSB-...]
The Governor's
state of the
state message recommended a new, $ 175 million workforce
development program that would be implemented through the Consolidated Funding Application (CFA) process, with involvement of the Regional Economic Development Counc
development program that would be implemented through the Consolidated
Funding Application (CFA) process, with involvement
of the Regional
Economic Development Counc
Development Councils (REDC).
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.
(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.
Meanwhile, an existing
state venture
fund, known as Innovate NY, is the subject
of a federal audit focused on a firm whose managing director served on Cuomo's 2010 gubernatorial transition team and on a regional
economic development council.
«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.
«We are considering options,» Weinstein said, «but as it is a project to generate tourism and
economic development, and uses technology for energy efficiency, it will be financed by [the New York Power Authority] and parts of the project could likely be funded by [Empire State Developme
development, and uses technology for energy efficiency, it will be financed by [the New York Power Authority] and parts
of the project could likely be
funded by [Empire
State DevelopmentDevelopment].»
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.
Brown said one
of the main priorities this year is for legislators to approve proposed
funding for Buffalo Billion ², a regional
economic initiative crafted by Empire
State Development and the Governor's Office.
Administered by Empire
State Development, the state's main economic development agency, the Restore New York program provides funding to villages, towns and cities to support demolition of vacant buildings and rehabilitation of condemned and surplus proper
State Development, the state's main economic development agency, the Restore New York program provides funding to villages, towns and cities to support demolition of vacant buildings and rehabilitation of condemned and surplus
Development, the
state's main economic development agency, the Restore New York program provides funding to villages, towns and cities to support demolition of vacant buildings and rehabilitation of condemned and surplus proper
state's main
economic development agency, the Restore New York program provides funding to villages, towns and cities to support demolition of vacant buildings and rehabilitation of condemned and surplus
development agency, the Restore New York program provides
funding to villages, towns and cities to support demolition
of vacant buildings and rehabilitation
of condemned and surplus properties.
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.
One
of the other subpoenas went to Empire
State Development, New York State's economic development agency, which is providing funding for t
Development, New York
State's
economic development agency, which is providing funding for t
development agency, which is providing
funding for the program.
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
funding includes a $ 25 million loan from the
State University of New York system as well as a $ 38.5 million grant from Empire State Development, the state's economic development agency that helped to fund much of SUNY Poly's expansion over the y
State University
of New York system as well as a $ 38.5 million grant from Empire
State Development, the state's economic development agency that helped to fund much of SUNY Poly's expansion over the y
State Development, the state's economic development agency that helped to fund much of SUNY Poly's expansion over
Development, the
state's economic development agency that helped to fund much of SUNY Poly's expansion over the y
state's
economic development agency that helped to fund much of SUNY Poly's expansion over
development agency that helped to
fund much
of SUNY Poly's expansion over the years.
The grant application process for New York
State's various
economic development agencies has been streamlined as a result
of the Consolidated
Funding Application (CFA).
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.
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.
Sen. Betty Little said every region
of the
state is going to do well with large infusions
of funding to support locally driven
economic development plans.
New York
State — provides a number
of tax incentives and
funding programs to encourage business investment and
economic development.
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.
The new AMPrint Center on Rochester Institute
of Technology's Henrietta campus is supported by
state funds, including money from the Finger Lakes Regional
Economic Development Council.
His comments came while speaking to reporters in Albany about Governor Cuomo's
economic development contest that pits seven regions
of New York against each other for $ 1.5 billion in
state funding.
Empire
State Development had been providing much of SUNY Poly's funding for economic development projects, but it was the college's nonprofit real estate arms — which are not subject to the same checks and balances as state agencies — that negotiated contracts and paid ven
State Development had been providing much of SUNY Poly's funding for economic development projects, but it was the college's nonprofit real estate arms — which are not subject to the same checks and balances as state agencies — that negotiated contracts and pa
Development had been providing much
of SUNY Poly's
funding for
economic development projects, but it was the college's nonprofit real estate arms — which are not subject to the same checks and balances as state agencies — that negotiated contracts and pa
development projects, but it was the college's nonprofit real estate arms — which are not subject to the same checks and balances as
state agencies — that negotiated contracts and paid ven
state agencies — that negotiated contracts and paid vendors.
Although SU won't receive
funding from this program, it 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 Cuomo's Upstate Revitalization Initiative.
Central New York has received $ 344 million in
state funding through the first four rounds
of Gov. Andrew Cuomo's
economic development initiative.
The
state comptroller's office has released reports questioning the
economic development spending by the administration as well as the use
of state funds to promote the START - UP NY advertising campaign.
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.»
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.