eAdvance




Keeping NYSEDC members in touch and informed

June 29, 2026

Projects, Communities, + People in the News

'New York has always thrived when local communities are empowered to shape their own economic future. Whether it is manufacturing, housing, energy infrastructure, tourism, or technology investment, the decisions that affect a community’s future are often best made by the people who live and work there.' | Read more from NYSEDC Executive Director on local control of technology infrastructure decisions in the Empire Report.

The completion and energization of Smart Path Connect, a 100-mile transmission project that will provide approximately $438 million in annual benefits to New Yorkers, including monthly savings on electric bills for households and businesses, has been announced. | Renewable Energy Magazine has more here.

Local economic development and tourism officials believe Rochester’s ecosystem will be strengthened if they can convince airlines to establish nonstop routes to destinations west of the Mississippi River. | Read the story in the Rochester Business Journal.

At least three major contractors with offices in the Capital Region are involved with drugmaker Regeneron Pharmaceuticals Inc.'s $2 billion expansion in Saratoga Springs. | Read about the project here.

TTM Technologies Inc., the maker of printed circuit boards, announced the completion of a $130 million manufacturing facility in DeWitt, New York, a project expected to create up to 400 engineering and manufacturing jobs. | The Orange County Business Journal has more.

Gov. Kathy Hochul, the Buffalo Bills and Erie County on Tuesday celebrated the official completion of the new $2.1 billion Highmark Stadium in Orchard Park. | See the project announcement here.

The 339-mile Champlain Hudson Power Express (CHPE) transmission project recently went into operation, delivering clean energy from Canada directly to New York City. This will meet up to 20 percent of the city’s needs – and reduce carbon emissions by 37 million metric tons through 2040. | Read more through Daily Energy Insider here.

The North Central Small Business Development Center (NCSBDC), in conjunction with the New York Small Business Development Center and Onondaga Community College, launched a new pilot initiative designed to help established small businesses scale and grow. | See more here.

The Knicks’ post-season run generated an estimated $380 million in economic activity during home games, including $202 million during the first three post-season rounds and another $180 million from the two Finals home games, per the New York City Economic Development Corporation. | Inc. reports on the economic windfall here.

Danfoss Power Solutions is adding 300 jobs at the Marcy Nanocenter, a tech park in Oneida County owned by NY Creates. | Read more at the Times Union.

Deputy Onondaga County Executive Bob Petrovich, who worked closely with fellow County Executive Ryan McMahon, is set to retire. | See the announcement through WSYR Syracuse.

Upcoming NYSEDC Events

2026 IDA Academy

Register Today!

July 16 | Clifton Park

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2026 Leadership and Policy Summit

Sponsorship Opportunities Open!

September 29 - 30 | Westchester County

Jobs Board

The City of Ithaca is hiring an Economic Development Specialist

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Columbia County EDC is hiring a Housing Development Coordinator

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Capitalize Albany Corporation is hiring a Senior Economic Developer

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Schenectady Metroplex is hiring for an Economic Development Project Director

Requests for Proposals (RFPs)

The Bethlehem IDA seeks full-service branding and digital marketing firms for a rebrand of the agency and overhaul of the Agency's digital presence. Learn more and view the RFP.

Have a job posting, RFP or RFI, or news story to share with the NYSEDC and its membership? Email updates to Steph Cavalier.

EPA Announces More than $14 Million in Brownfields Grants to Boost New York Economy, Clean Up Communities


The Brownfields Multipurpose, Assessment and Cleanup (MAC) grants will accelerate the cleanup of polluted sites across New York. The EPA also provided $1.5 Million in supplemental funding to two high-performing Brownfields Revolving Loan Fund (RLF) grantees in New York.


See the list of grantees here.

New York State Policy and Programs

Governor Hochul Unveils First Wave of Regulatory Reforms in Her 'EXPRESS NY' Initiative


The first series of state actions to improve government service delivery through the Governor's EXPRESS NY initiative have been announced, with 50 actions being taken across 22 state agencies. This first wave of regulatory reforms comes after the Governor issued a call for recommendations across all state agencies last fall. Each state agency was asked to recommend regulations or rules that could be eliminated or modified to improve the delivery of government services.


View the announcement here.

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