eAdvance

Keeping NYSEDC members in touch and informed
January 17, 2023
2023 STATE OF THE STATE
 On January 10, Governor Hochul has released the 2023 State of the State Book, outlining budgetary and policy initiatives her administration plans to pursue this year.


The NYSEDC is currently reviewing Governor Hochul’s State of the State. We will continue to provide updates/analysis as more information becomes available and once the budget proposals are released. If you have any questions or would like to provide feedback directly to us, please do not hesitate to reach out and share your thoughts to
Executive Director Ryan Silva. We will make sure our members voices are heard throughout the process and help develop policies and programs that will grow New York’s economy.
Climate Action Council Final Scoping Plan
Public Hearing - January 19, 10am
On Thursday, January 19th the legislature will be hosting a joint committee hearing to examine the legislative and budgetary actions necessary to implement the Climate Action Council Final Scoping Plan. While oral testimony is by invitation only, there is an opportunity to provide written testimony. We would encourage our members to share their perspectives. Written testimony must be submitted no later than 5 p.m. on the day of the hearing to financechair@nysenate.gov. Submit testimony or watch live here.
Industry Expansion + Attraction
New York State Economic Development Council joined federal, state and local leaders at Plug Power last week where Governor Hochul announced Plug Power's $125M manufacturing facility in Albany County, NY is complete. Supported by Empire State Development $45M in performance-based Excelsior Jobs Tax Credits.

The project will create 1,600+ new, green jobs & grow New York's green economy and serve as a magnet for future renewable energy investments. Congratulations to Advanced Albany County Alliance, Center for Economic Development, Empire State Development, NYSERDA, NYPA.
NY Loves Nanotech was proud to host the ISS Soiree at SEMI Industry Strategy Symposium in California last week. The team gained exceptional semiconductor industry connections & insights on economic trends, market drivers, geopolitics, & tech that will drive economic growth and opportunity for all residents of New York.

NYSEDC 2023 Economic
Development Conference
March 1-2, 2023 at Hilton, Albany
Thank You to our sponsors of the
NYSEDC Economic Development Conference Sponsors
Diamond Sponsors