eAdvance

Keeping NYSEDC members in touch and informed
November 07, 2022
2022 Fall IDA Academy
November 10, 9:00 a.m. - 4:30 p.m.
Delta Hotels by Marriott, Utica
Special thanks to our 2022 Fall IDA Academy Sponsors
Projects, Communities, + People in the News
Edwards Vacuum, the leading supplier of vacuum and abatement products, services and solutions for the global semiconductor industry, is strengthening its presence in the U.S. with a new manufacturing facility in Genesee County. The new site, dedicated to state-of-the-art dry pump manufacturing, will be in the Western New York Science and Technology Advanced Manufacturing Park, (WNY STAMP) and is expected to represent a $319 million investment and create 600 jobs in the community. | Read More at Yahoo! Finance
Micron unveiled plans to invest in Central New York education. Micron plans to partner with K-12 schools, higher education institutions and the region’s large veteran population. Over the next 10 years, Micron and Onondaga County will invest $10 million in building a clean room at OCC. This investment will provide students access to advanced manufacturing methods and equipment to prepare them for technician and engineering roles inside Micron’s manufacturing facility. | Read more at EagleNews
The Greene County IDA announced the first tenant in the Exit 21 West business park, with plans for a retro dinner, upper midscale hotel, and a tourism center. | Read More at Porcupine Soup
The Suffolk County Industrial Development Agency (IDA) has preliminarily approved a transaction to assist Sunrise of Northport LLC for the construction of a 77,500 square-foot assisted living and memory care facility, with 90-units in East Northport, NY. The more than $54.6 million project will transform the 6.1 acres of vacant land into a two-story assisted living facility that features specialized Alzheimer and memory care units. | Read More
The Mohawk Valley Construction Industry Development Committee is working on getting students in High School to consider a career in the construction industry. Around 500 students participated in a construction career day that gave them hands-on experience. | Read More at WKTV
The Town of Hempstead IDA has given preliminary approval for incentives for a $10 million project in Freeport .Natural Foods intends to relocate 50 employees and create another 50 jobs within two years of the completion of the project, according to an IDA statement. | Read More at LIBN
The New York City Economic Development Corporation has released their inaugural NYC Economic Snapshot. This monthly report provides updates on NYC's economy and it's growth. | Read More at NYCEDC
Calvary Robotics in Rochester NY was featured in an interview on WROC discussing their commitment to the region and the rich well of talent in the area. | Read More or Watch at Rochester First
The town of Wawarsing, in Ulster County, has approved plans for a 380,000-square-foot cannabis growing-and-processing facility from Cresco Labs. The plant is expected to employ 679 people and take approximately 18 months to complete. | Read More at the Times Herald-Record
SEEQC, a digital quantum computing company has opened a new 7,000-square-foot facility with two quantum computers and another 12,000-square-foot multilayer superconductive chip foundry and testing center. The Westchester County based company spent $3 million on this expansion. SEEQC is vying for some of the $280 billion available in the federal CHIPS Act, which would help the company attract and hire potentially dozens more employees. | Read More at News12 Westchester
The world’s largest ‘super-refrigerator’ for Quantum Computing experiments will soon live at IBM in Poughkeepsie. The proof-of-concept project, named Goldeneye, will largely contribute to R&D for the future of cooling solutions for quantum computing data centers.| Learn more at eeNews Europe
From Syracuse Hancock International to Griffiss International Airport, NUAIR has completed its first 50-mile drone flight beyond line of sight — a huge step in drone development in Central New York.The state will be providing NUAIR with an additional $21 million in CNY Rising Upstate Revitalization Initiative funding to cultivate the world-leading UAS industry hub along the corridor in Central New York and the Mohawk Valley. | Read more at more at the Daily Sentinel
NYSEDC
NEW MEMBERS
New York City Economic Development Corporation is seeking a Project Manager, Business Development

Clarkson University is seeking a CAMP Business Development Director

Allegany County is seeking a

Columbia Economic Development Corporation (CEDC) is seeking an Administrative Assistant and a Job Business Development Specialist

Saratoga Economic Development Corporation is seeking
a new President

Greater Rochester Enterprise (GRE) is seeking a Business Development Manager

Empire State Development is seeking an Assistant Director, Policy and Operations

Fulton County Center for Regional Growth is seeking a Gloversville Downtown Development Specialist

To Post Jobs or Request For Proposals
NYSERDA BUILD-READY PROGRAM

The Build-Ready Program advances large-scale renewable energy projects by identifying sites that are consistent with the State’s standards and are made build-ready for private renewable energy developers.

Through this program, NYSERDA works with its State partners and local communities to rapidly advance new Build-Ready projects, prioritizing the development of existing or abandoned commercial sites, brownfields, landfills, former industrial sites, and other abandoned or underutilized sites. NYSERDA will pursue site control and pre-construction development activities prior to competitively auctioning the developed sites, bundled with contracts for renewable energy payments, to provide a de-risked package for private developers to construct and operate projects at these sites.
Applications for New York's First Ever $25 Million Digital Game Development Tax Credit Program Now Open

Initial applications are now open for NYS' first ever Digital Game Development Tax Credit Program. The program will support games that begin development on or after January 1, 2023. This tax credit is $25 million and will award up to $5 million per year for five years.

Qualified digital game development studios will be required to submit their initial applications to New York State before beginning a project. Once the project is completed and the final application is audited, applicants can receive tax credits of up to 25 percent of qualified production costs in New York City and 35 percent outside of the New York City metropolitan commuter transportation district. | Learn more
Upcoming Events
2022 Fall IDA Academy
November 10, Utica
SAVE THE DATE
NYSEDC Economic Development Conference
March 1 - March 2
Albany Hilton
National News + Resources
2022 Manufacturing Industry Outlook: Five manufacturing industry trends to watch | Read report from Deloitte
EDA Resource Library for Comprehensive Economic Development Strategies (CEDS)
Search the CEDS Resource Library here. To view active CEDS reports from EDA-designated Economic Development Districts from across the country click here.
The History & Future of the PSCR Drone Program Attend the NIST-sponsored webinar on Nov 17 to learn about the impacts of the program to date, the UAS Indoor Challenge, and future prize challenges. | Click to register
New York State Policy and Programs
Applications Open for Round Two of Restore New York
The second round of Restore New York grant program applications are now open. The $250 million program encourages community development and neighborhood growth through the elimination and redevelopment of blighted structures. This round of funding makes $150 million in grants available to municipalities to support projects that focus on demolishing, rehabilitating and restoring residential, commercial and mixed-use buildings. Letters of intent are due by November 30, and applications for the second round are available here. | Read more about the program here.
Empire State Development Releases Life Sciences Initiative 2022 Annual Report
Empire State Development released its 2022 Life Sciences Initiative Annual Report detailing the programs activities around the state in the 5 years of its existence, their strategic approach, a discussion of selected projects from this year, and their plans for the future. | Read the Report Here
HCR's Fall 2022 Multifamily Finance 9% LIHTC RFP is Now Available 
HCR announces the release of the Fall 2022 Multifamily Finance 9% LIHTC RFP, the first under Governor Hochul’s new comprehensive $25 billion, five-year housing plan. The Governor’s plan will increase housing supply by creating or preserving 100,000 affordable homes across New York, including 10,000 with support services for vulnerable populations, plus the electrification of an additional 50,000 homes.  | Learn More
Governor Hochul Issues New York State Challenge to FCC Broadband Data
New York's ConnectALL Office has submitted over 31,000 addresses from across the state to the FCC under the Broadband Data Collection challenge process. The federal challenge process, which allows states to propose changes or updates to the FCC's broadband maps, helps to better locate areas unserved or underserved by broadband. In doing so, these proposed changes inform federal funding decisions regarding broadband access and help to ensure that high-speed internet is available at every address in the country. | Read More Here
Empire State Development Releases Regulations for Green CHIPS Program to Grow and Attract Semiconductor Industry
The proposed regulations amend the current Excelsior Jobs program regulations to allow for Green CHIPS project’s participation in the program. If you wish to comment on these regulations, please email your comments to Thomas Regan, Associate Counsel by Monday, December 19, 2022 at 5PM.| Read More Here
Fast NY Shovel-Ready Grant Program
New York’s FAST NY Shovel-Ready Grant Program, Empire State Development will provide up to $200 million in grants to prepare and develop sites statewide to jumpstart New York’s shovel-readiness and increase its attractiveness to large employers, including high-tech and semiconductor projects and other manufacturing, warehousing, distribution and logistics businesses. The program will help diversify New York State’s economy while propelling new investments for businesses, communities and job creation.| Learn More Here


For Questions about FAST NY please email fastny@esd.ny.gov
NYSEDC | nysedc.org | 518.426.4058