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.
Not exact matches
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.
State lawmakers at one time did have more control
over economic development funds.
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.
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.
«SUNY Poly's narrowly focused on some very high - profile tech projects, but for someone to say
economic development, broadly speaking, has been turned
over to to someone at SUNY Poly is just incorrect,» Mr. Zemsky said, citing the governor's efforts to involve regional officials in
economic planning and to spread
state funds across thousands of smaller
economic development projects.
Projects range from
economic development aid for troubled regions, to
funding the $ 4 billion dollar new Tappan Zee Bridge on the New York
State Thruway
over the Hudson River.
The
state's Dormitory Authority, which has provided
funding to many of Gov. Andrew Cuomo's
economic development projects, had withheld the money from SUNY Poly
over issues with invoices and other paperwork for work dating back to February.
They developed strategic
economic development plans for their various geographies, and have directed
over $ 2 billion in
state funding.
Miner stepped down as co-chair of the Cuomo - controlled Democratic
State Committee last year, and most recently has been in a public dispute over whether the state should direct funds to upgrade infrastructure in Syracuse and other cities or funnel them to projects tailored for economic develop
State Committee last year, and most recently has been in a public dispute
over whether the
state should direct funds to upgrade infrastructure in Syracuse and other cities or funnel them to projects tailored for economic develop
state should direct
funds to upgrade infrastructure in Syracuse and other cities or funnel them to projects tailored for
economic development.