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Empire State Development approves $20 million to fund projects generating economic opportunity across New York State

NEW YORK - The Empire State Development Board of Directors met in New York City and approved $20.4 million in funding for 30 projects that are spurring economic growth and opportunity in all 10 regions of New York State. The projects will directly create 30 new jobs and enable the creation of hundreds more while also retaining more than 2,200 existing jobs. These targeted investments will leverage over $41.3 million in private and other public funding to support business expansions and regional tourism efforts, and projects that are building a strong foundation for future economic growth and job creation.

“The funding approved today stimulates local communities from Long Island to Western New York – carrying momentum that initiatives like the Regional Economic Development Councils and Buffalo Billion started just three years ago,” said Empire State Development President, CEO & Commissioner Kenneth Adams. “By investing in these projects, we are fostering opportunity for New Yorkers by providing essential tools to improve business operations and create new jobs. With more than 17,000 new private sector jobs created in July alone, New York’s economic progress continues to move in the right direction, supported by the lowest business and middle class tax rates in a generation and important State investments that are working.”

Projects receiving funds:

  • The Southern Tier High Technology Incubator – (Southern Tier Region – Broome County) – $7,000,000
  • Broome County Government  – (Southern Tier Region – Broome County) –  $500,000
  • Crouse Hospital Baker Neonatal Intensive Care Unit Renovations– (Central New York Region – Onondaga County) – $575,000
  • Lewis County General Hospital Dialysis Center – (North Country Region – Lewis County) – $300,000
  • Town of Ellicottville Regional Water – (Western New York Region – Cattaraugus County) – $268,000
  • Buffalo Billion Initiative – Buffalo SUNY Research Foundation Burgard High School – (Western New York Region – Erie County) – $3,200,000
  • Eyer Building – (Finger Lakes Region – Monroe County) – $200,000
  • Trudeau Institute – (North Country Region – Franklin County) – $3,600,000
  • Xylem, Inc. – (Mid-Hudson Region - Westchester County) – $1,000,000
  • Internships.com– (Allegany, Erie, Chautauqua and Niagara Counties) – $100,000
  • Village of Frankfort’s Small Business Assistance Program (Herkimer County) – $50,000
  • City of North Tonawanda – Teddy Bear Building and City Incinerator (Niagara County) - $500,203
  • Market NY Grant Program – Regional Tourism Marketing Competition (Various Regions) – $3,204,801