Gov. Andrew Cuomo laid out a number of efforts in his 2013 agenda to encourage the commercialization of academic research and boost entrepreneurship, including a venture capital fund and network of incubators, which are seen as mechanisms to boost economic growth.
The Regional Economic Development Councils have been a cornerstone of Governor Andrew Cuomo's plan to revitalize the state's economy. In his budget address Tuesday, Cuomo proposed a third round of state funding for the regional councils totaling $210 million.
Kodak filed for Chapter 11 bankruptcy a year ago. The intervening months have seen big layoffs, pay freezes for workers, and an end to benefits for many of the company's retirees. However, Kodak also secured an extra $830 million in funding, and sold its patent portfolio.
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During his State of the State address on Wednesday, Gov. Andrew Cuomo offered more details on a plan for casino gambling in New York state. If the governor gets his way, the proposed new casinos would come to upstate first.
The national unemployment level remained unchanged at 7.8 percent for December, according to Bureau of Labor Statistic figures released today. This is the 49th consecutive month unemployment has been above 7 percent but according to analysis from an interest group, those numbers don’t reflect the reality for young adults.