New York State Economic Development Council logo

August 21, 2020 Newsletter

New Hires

Joanna Cacciola is now the Economic Development Assistant & Grant Writer at Commerce Chenango.

Jenna Kraeger is now the Economic Development Specialist at Lewis County Economic Development. Click here to learn more.
 

Studies

A new analysis from the Rockefeller Institute of Government examines preliminary data from the federal Paycheck Protection Program (PPP) to see how the program evolved over two rounds of funding, which sectors received the most funding, and the impact of the PPP on unemployment in New York State.
 

Member News

Onondaga Co. has announced a COVID-19 small business, not-for-profit grant program.

North Country Rep. Elise Stefanik announced over $550,000 in USDA Rural Business Development grant funding for four North Country economic development organizations.

A beam raising ceremony was held for the construction of a high-tech office building at the Griffiss Business and Technology Park in Rome which was supported by tax incentives from the Oneida County Industrial Development Agency.

Nassau County Executive Laura Curran in partnership with the Nassau County Industrial Development Agency and an investment from the Town of Hempstead, provided nearly 5,000 small businesses and nonprofit organizations with free personal protective equipment.

The Niagara County Industrial Development Agency granted a third extension to the developer of the Hotel Niagara on a two-year-old series of tax incentives.

Grants totaling $75,508.11 have been approved by the Ulster County Industrial Development Agency for 32 companies and not-for-profit organizations to purchase personal protective equipment needed to stay in business during the COVID-19 pandemic.
 

Communities and Projects in the News

25 new jobs will be created in Hicksville, New York with the creation of a new Home Depot warehouse.

The Revitalize Rochester Fund is seeking entrepreneurs to apply for grants and loans to bring business and co-working spaces to underserved areas in Rochester.

It was announced that after two years of organizing and creating a countywide economic development plan, known as the Chautauqua County Partnership for Economic Growth, will start implementing ideas this year.

Eight economic development and infrastructure projects in northern New York will receive funds totaling more than $4.4 million dollars.The funding comes from a federal-state partnership, the Northern Border Regional Commission

Amazon announced that it plans to launch a state-of-the-art operations facility in Orange County in Montgomery in time for the 2021 holiday season, generating more than 800 full-time jobs.

Capital Region tech firms have received $11M in federal seed funding under the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs.

A bike path for the public is planned for the former Bethlehem Steel plant in Lackawanna.


Events

FuzeHub Webinar: Industry 4.0, IoT & the Post Covid-19 Manufacturing Landscape
August 24
2-3:30 pm
Implementing the next generation of manufacturing technologies is critical to thriving in the age of social distancing.  Remote work and social distancing will be around for the foreseeable future. Advances in flexible manufacturing, internet of things, and predictive maintenance can allow production to continue and thrive under these conditions. The conference will be an opportunity to hear from experts in several areas of Industry 4.0 as well as networking at breakout tables where you can share lessons learned and also learn from other manufacturers with similar experiences.  
Register here

2020 NYSEDC Virtual Annual Meeting
September 1 &2
Learn more

BCW Anti-Racism Educational Series-Raising Children to Respect Diversity in Your Home
September 1
11:00 am
We all come in different shapes and sizes, and we have different backgrounds, beliefs and abilities depending, in part, on where we come from—adoptive families, single-parent households, blended families, families with stay-at-home fathers and same-sex households. The care and support family members offer to one another is essential to the developmental process and to adequate functioning of children in today’s society. Free and open to all.
Register here

2020 NYATEP/NYSEDC Virtual Fall Conference
October 27 & 28
Learn more