Gov. Andrew Cuomo first announced the creation of the North Country Regional Economic Development Council July 28 at SUNY Potsdam. On Dec. 8 in Albany, he announced that the North Country Council was to receive $103.2 million, the second highest of the 10 economic development councils in the state.
Photo by Andy Flynn.
continued Consistent with the Governor's Executive Order issued earlier this year to increase Minority and Women Business Enterprise (MWBE) participation in state contracting, all projects awarded grants through this initiative must use best efforts to reach the goal of 20% MWBE participation.
In all, there were four Best Plan Awardees.
1. CENTRAL NEW YORK NAMED BEST PLAN AWARDEE:
RECEIVES $103.7 MILLION
Strategy for Strengthening Key Industries and Improving Business Competitiveness
The Central New York Regional Council designed a transformative blueprint that will guide the region's economic development efforts by leveraging key assets and developing strong regional collaborations.
The Council's plan proposed strengthening core industries and the region's unique economic assets including clean energy and environmental systems, health and financial services, agribusiness and food processing, advanced manufacturing, and tourism. Through strategies to promote entrepreneurship, small business development and workforce training, the region sought to enhance its connections to and competitiveness in the regional, national, and global economies.
Additionally, a main focus of Council's strategies was community revitalization by building upon partnerships between anchor institutions and diverse businesses, repurposing existing urban assets through adaptive reuse, and aligning high-demand careers with workforce training.
Investing in Biotech for Economic Revitalization and Growth
-$3.6 million will enable the Bio Tech Park at Kennedy Square in Onondaga County to begin the redevelopment of a blighted site into a mixed use of residential, commercial and research facilities.
-$2 million will enable completion of the Central New York Biotechnology Research Center. This project will provide startup laboratory and development space and rehabilitate a brownfield in the heart of the City of Syracuse. The project will capitalize on the region's strength in biotechnology and galvanize its potential as a world-class center for biomedical services and bioscience.
Strengthening Agribusiness and Supporting Community Redevelopment
-More than $4 million will expand the milk processing capabilities at the Cayuga Ingredients Milk Processing Plant. This project will significantly bolster the region's agricultural production industry among global markets.