The governor highlighted several projects from this round of funding including:
Lowville Producers Dairy Cooperative, Inc., which received a $1.3 million ESD grant and a $500,000 Excelsior Jobs tax credit to purchase, renovate, and operate the Queensboro dairy-processing plant in Canastota. The $6.6 million project will create 16 new jobs.
Stark Truss Company, Inc., which received a $100,000 ESD grant and a $200,000 tax credit to build a new manufacturing facility in Griffiss Business and Technology Park in Rome. The wood-components manufacturer and supplier will create 13 new jobs with the $2.3 million project.
(Sponsored)
Cybersecurity in Today’s Remote Work Environment
The response to the COVID-19 pandemic demonstrated that remote work was viable for many companies. Today, remote and hybrid work models have become standard options for most professionals. While remote
Why ESG and Sustainability Reporting Matters for Your Business
As the landscape of financial reporting has evolved, the concept of environmental, social and governance (ESG) and sustainability has grown exponentially. In 2011, only 5% of S&P 500 companies reported
The Treehouse Hourly Child Care, LLC, which received a $170,000 ESD grant to purchase and renovate a building to expand its daycare services in Watertown. The project total is $850,000.
The full list of funding recipients for this round is available online at https://regionalcouncils.ny.gov/sites/default/files/2022-11/REDC_Round_12_Award_Bookelt.pdf.
To date, the REDC initiative has awarded more than $7.8 billion to projects that created more than 9,600 new jobs.
The application for ESD grant funds remains open with applications reviewed on an ongoing basis.
Applicants with shovel-ready projects that align with the state and their region’s economic-development priorities can apply through the consolidated funding application online at apps.cio.ny.gov/apps/cfa/.
The state’s 10 regional councils are public-private partnerships made up of local experts and stakeholders from business, academic, local government, and non-government organizations.
