April 23, 2021 Newsletter
SBA
The SBA has announced key details on application requirements, eligibility, and a program guide for the Restaurant Revitalization Fund (RFF).Members in the News
With technical assistance from the Steuben County IDA and help from Empire State Development, Compin USA will locate a manufacturing plant in Wayland to build seats for transportation industry projects, creating 31 new jobs.With help from the Oswego IDA, Tully’s Good Times Family Restaurant and Bar will open in Oswego in the summer of 2021.
The Erie County IDA is aiming to connect a bike path to Woodlawn Beach State Park in Hamburg.
With help from the Geneva IDA, Nardozzi Paving and Construction is expanding, building a $2.5 million headquarters at the city’s Industrial Park.
The Green Island IDA is looking for developers for a new project on the former Ford Motor Company property.
With help from Empire State Development, a new hotel and events center in Coxsackie will add 38 full-time jobs.
People and Communities in the News
With help from the Yonkers IDA, three new development projects (including affordable housing) are moving forward representing a total private investment of $144.3 million and creating over 200 construction jobs.Global Foundries is investing $1.4 billion to expand manufacturing capacity at existing facilities this year - and will likely double that figure next year.
Stavatti Aerospace Ltd. has announced plans to turn a former Army Reserve facility in the Town of Niagara into an aircraft factory employing as many as 600 people.
According to a ranking by Business insider, Syracuse is the third best city to live in the Northeast after the COVID-19 pandemic.
NYC is issuing RFPs for pandemic response institute operator.
With a new robotics fulfillment center coming to the county this fall, a project that will create more than 1,000 jobs, Amazon is donating $1.75 million toward a new STEAM high school in Onondaga County.
In coordination with the NYSCArts and Empire State Development, NY PopsUp is piloting a program to introduce the arts back into the daily lives of New Yorkers.
Black-owned hemp farm in Hudson Valley is flourishing.
Lawmakers asked to consider funding for apprenticeships at 2-year colleges.
Despite a global pandemic, Fort Drum's economic impact grew approximately 8% with over $1.4 billion in direct spending in the North Country in 2020.