at the Albany Capital Center. Please contact Chelsea Palmer, Programs and Administrative Manager, for questions about registration and sponsorship opportunities.Register today - registration closes on February 7th!
Binghamton 'Engine' wins up to $160 million from National Science FoundationRegional "Innovation Engines" Competition.The federal funding will support research in battery development and manufacturing in the Southern Tier and Upstate New York. | Read about the project on PressConnects.
IDA PILOTs Spur New Business Attraction Or Expansion; Bringing Investment, Jobs And Other Economic Benefits To Our Communities. When applied correctly, they are an invaluable tool in guiding the type of development local communities desire while ultimately growing property tax revenues. | Read Steven Porath's Op Ed in the Rockland County Business Journal.
RWE and National Grid Ventures submitted a proposal to build a new 1.3 gigawatts (GW) offshore wind project in New York.The proposal was submitted to NYSERDA in response to the state’s fourth competitive offshore wind solicitation. If built, the project could power roughly 500,000 homes. | Daily Energy Insider has more about the proposal here.
Brittany Davis, Executive Director of Naturally Lewis featured on Livability Media's Inside America's Best Cities to discuss How Innovating Childcare Could Be Key to Your Community's Growth. |Click here for the episode.
Wayne County IDA is actively seeking redevelopment proposals for the closed Butler Correctional Facility, aiming to present the best ideas to state officials. County and town authorities are keen to put the land back to productive use, boosting local employment and revenue. | Finger Lakes 1 has details about the project.
A vacant Red Carpet Inn, located at 500 Northern Boulevard in Albany, is set to be demolished and turned into affordable housing. On January 18, the City of Albany IDA approved the applicant's request for real property tax exemptions for the project. | News 10 has the story here.
North Country communities could recieve millions in the Governor's 2024-2025 State Budget including an $82 million in to upgrade Olympic Regional Development Authority facilities. | Learn more on North Country Public Radio.
Hornell is on a comeback building next-generation Acela trains as well as other trains for transportation systems across the country. The only place in the country where high-speed rail trains are being manufactured is in Hornell. This once-prosperous railroad town in the state’s Southern Tier, with a population of 8,500, is on a comeback because of the work on the Acela trains and others. | City & State New York has more here.
Exergy, a manufacturer of heat exchangers and point-of-use systems, expanded its operations in Garden City, Long Island. The $1.8 million project is expected to create six jobs in Nassau County and expand the facility by 4,000 square feet to house a new vacuum brazing furnace and a cutting-edge computer numerical control (CNC) machine. | Read more through Area Development.
Electronics manufacturer Creation Technologies, formally IEC, relocated and expanded operations in Wayne County, NY. The $22 million project is expected to create 360 jobs, while the new facility will provide electronic contract manufacturing services. | Read more on Area Development.
$58M in National Institutes of Health (NIH) Funding Awarded in Capital Region for R&D. Two Capital Region startups, Regenerative solutions and sxRNA Technologies, both of which are UAlbany spinouts received their first research grants from NIH in fiscal 2023. | Read more from CEG
New York State has redoubled its efforts to jump-start the cannabis industry. But the proliferation of unlicensed shops, a series of legal challenges and bureaucratic snags have impeded the rollout of the state's adult-use cannabis program. | City & State New York has the story.
Naturally Lewis, the economic development agency for Lewis County, says it has $930,000 in funding for the second round of four grant programs. | Read more through the CNY Business Journal.
The City University of New York received a $75 million gift, the largest donation in CUNY history. A portion of this donation will go towards setting up a new Master of Science program for the CUNY graduate center and Empire A.I. | Read more on The New York Times.
New York has been awarded $228.2 million in federal funding to launch the ConnectALL Municipal Infrastructure Program, which will provide tens of thousands of home with high-speed broadband internet. The money comes from the American Rescue Plan Act’s Capital Projects Fund. ConnectALL will provide grants to public entities, local or Tribal governments, municipal utilities, utility cooperatives and private-sector partners to construct new fiber for broadband. | Click here to read more.
Join New York at Bio International June 3-6, San Diego, CA
The BIO International Convention is the largest and most comprehensive event for biotechnology, representing the full ecosystem of biotech with over 20,000 industry leaders from across the globe.
Email Shelby Schneider for Sponsorship Opportunities and to learn more.
Industrial Asset Management Council
Spring Forum 2024, April 9-13, Greenville, SC
Harness the power of Industrial Real Estate at the IAMC Spring forum. Join Team New York and network with corporate real estate leaders and site selection experts. Email Shelby Schneider for Sponsorship Opportunities and to learn more.
NYS Executive Budget Proposal Hearings
NYSEDC Executive Director Ryan Silva Testifies in Budget Hearing on Economic Development
Last week, NYSEDC Executive Director Ryan Silva testified on behalf of NYSEDC's 1,000+ members at the Joint Legislative Public Hearing on the 2024 Executive Budget Proposal -- Economic Development.
Silva's testimony begins around the 4 hour, 32 minute mark.
The Bigger Picture
New York Tops Nationwide List for Green Building in 2023
For the first time ever, New York has earned the top spot on the U.S. Green Building Council annual list of Top 10 States for LEED. New York earned its number-one ranking based on LEED-certified gross square footage per capita over the past year, which lead the country in green building. New York totaled 201 newly LEED-certified projects in 2023 that encompassed more than 93 million square feet. | Read more on Business Facilities here.
Member Annual Reports
The Chautauqua County Partnership for Economic Growth (CCPEG) reports on 2023 economic development initiatives across Chautauqua County. | Read Here
NYS Awarded $228.2 Million in Federal Funding to Launch ConnectAll Municipal Infrastructure Program
ConnectALL will make grants to public entities, local or Tribal governments, municipal utilities, utility cooperatives, and their private sector partners to construct new fiber to the premises for tens of thousands of properties statewide. Broadband infrastructure in the Municipal Infrastructure Program will be owned by a public entity or publicly controlled and Internet Service Providers will use the new broadband infrastructure to provide New Yorkers with affordable, high quality service options. The request for applications is now available on the ConnectALL website.
Virtual Information Session Announced for Disadvantaged Communities Investments and Benefits Reporting Guidance
The New York State Department of Environmental Conservation (DEC) and New York State Energy Research and Development Authority (NYSERDA) will host a virtual information session on Feb. 1, about the draft reporting guidance to implement the requirement that New York State entities account for investments and benefits in disadvantaged communities under the Climate Leadership and Community Protection Act (Climate Act).
