Search
Close this search box.

Get our email updates

Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.

Advertisement
Advertisement

CNY, Southern Tier, Finger Lakes win $500 million each in Cuomo’s contest

The Central New York (Syracuse area), Finger Lakes (Rochester area), and Southern Tier (Binghamton area) are the three winners in Governor Andrew Cuomo’s $1.5 billion Upstate Revitalization Initiative, Cuomo and state officials just announced in Albany.

The three winning regions’ regional economic development councils (or REDCs) will each receive $500 million in state funding for projects seeking to boost economic and job growth. They will each receive installments of about $100 million per year for five years.

The five regions that lost out in the contest, which some have dubbed Upstate’s “Hunger Games,” were the Capital District, Mid-Hudson, Mohawk Valley, North Country, and Western New York.

(Sponsored)
Post
Share
Tweet
Print
Email

Get our email updates

Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.