A highly packaged awards event in Albany was the forum for allocating a range of funding to support economic development across New York state on Wednesday. A total of $738 million was distributed in the second-year of this competitive planning process driven by Gov. Andrew Cuomo.
Gov. Andrew Cuomo surveys state funded projects in downtown Rochester.
Using a now-familiar travel routine, Governor Andrew Cuomo made his sixth tour of New York's regions to monitor the progress of projects funded through the Regional Economic Development Councils (REDC).
On a chilly, drizzly Tuesday morning in Syracuse, Gov. Andrew Cuomo took a bus tour of development projects his administration has helped to fund. Along for the ride were local economic development officials, State cabinet members and the press.
The ten regional economic development councils were back at it this week in their efforts to bring home as big a slice of three-quarters of a billion dollar state funding pie as possible. The councils released their progress reports and a new list of projects they think deserve cash in order to spur economic development and job creation in their regions.
A Syracuse IT firm says a state grant will help it train and add new employees.
Former Syracuse mayor Matt Driscoll visited IV4 in downtown Syracuse Monday to announce the grant. Driscoll is now the director of the New York Environmental Facilities Corporation.
The $50,000 grant is part of the money the Central New York Regional Economic Development Council secured late last year.