annual report - esd.ny.gov · esd’s origin dates back to 1968 and the formation of the new york...

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Annual Report

YEAR IN REVIEW

HIGHLIGHTS

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TABLE OF CONTENTS

1 A MESSAGE FROM ESD PRESIDENT, CEO AND COMMISSIONER HOWARD ZEMSKY .......................................................... 4-5 2 ABOUT EMPIRE STATE DEVELOPMENT Overview Regional Map .................................................................................................. 8-9

ESD Subsidiaries ............................................................................................................. 10-11

Mission Statement ...............................................................................................................13

Our Investment Strategy ....................................................................................................15

Placemaking: Where We Invest Matters ....................................................16-17

Workforce: Connecting People and Jobs ................................................ 18-19

Tradable Sectors: Bringing New York to the World ..............................20-21

Innovation: Driving the Economy ............................................................. 22-23

3 ECONOMIC GROWTH Economic Indicators Dashboard: 2007-2018 ....................................................... 26-27 Economic Growth Highlights: 2010-2017 ...............................................................28-29

4 REGIONAL INITIATIVES Regional Economic Development Councils ......................................................... 32-33

Buffalo Billion .................................................................................................................34-37

Upstate Revitalization Initiative ................................................................................ 38-41

Complete URI Project List from Program Inception ............................................. 42-51

Downtown Revitalization Initiative ...........................................................................52-55

5 OUR PROGRAMS AND DIVISIONS Broadband .....................................................................................................................58-59

Global New York ............................................................................................................60-61

Governor’s Office of Motion Picture and Television Development ................ 62-63

Infrastructure and Real Estate Development ........................................................ 64-65

Life Science ................................................................................................................... 66-67

Minority and Women’s Business Development ...................................................68-69

NY CREATES ...................................................................................................................70-71

NYSTAR ...........................................................................................................................72-73

New York Ventures .......................................................................................................74-75

Small Business and Technology Development .....................................................76-77

Tourism ............................................................................................................................78-79

6 FINANCIALS Comprehensive Economic Development Report

Introduction .................................................................................................... 82-88

Additional Resources ......................................................................................... 89

Appendices

Table of Contents ..........................................................................................90-91

Program Definitions .....................................................................................92-95

Appendix 1: Tax Expenditure Programs .................................................. 96-97

Appendix 2: Loans & Grants Programs ...................................................98-116

Appendix 3: Marketing and Advertising .................................................117-118

Appendix 4: Innovation ............................................................................. 119-123

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A MESSAGE FROM HOWARD ZEMSKY

Economic Development is a team endeavor, and I want to start by thanking the Governor and the Legislature for their confidence and for their commitment of resources, which enable us to carry out our mission.

I also want to offer my sincere thanks to the members of our ESD Board, who serve on a voluntary basis and provide important input and oversight throughout the year. We are grateful for the recently completed service of Joyce Miller, who served on the ESD Board for eight years, and Peter Beshar, who served on the ESD Board for three years. Earlier this year, we welcomed Eric Gertler, who brings a wealth of experience, from venture capital to private equity and publishing.

ESD’s origin dates back to 1968 and the formation of the New York State Urban Development Corporation. Today, I am proud to note that more than 500 employees throughout ESD work hard to accomplish our mission, reflected in all that we have highlighted in this report. In no intended order, ESD’s departments and divisions include: Legal, Real Estate Development and Planning, Finance, Marketing, Public Affairs, Broadband, Loans and Grants, Human Resources, Minority and Women’s Business Development, Small Business and Technology Development, Subsidiaries, Public Policy, Planning & Incentives, Economic Analysis and Research, Information Technology, Administration and more. It’s my honor and privilege to work with such an accomplished team.

We are also grateful for the partnerships we enjoy with local governments and economic development organizations throughout the state. Most notably, our partnership with the New York City Economic Development Corporation over the past 15 months brought the state’s largest-ever economic development deal to New York City—Amazon’s November announcement that it’s bringing a corporate headquarters and 25,000 to 40,000 jobs to Queens. No less important are the myriad of economic development projects across the state that we highlight monthly during our board meetings.

My profound thanks go to the private sector businesses who invest their capital, assume risks, compete every day and manage change at an accelerating rate; they are the ones who create real wealth and employ the people Governor Cuomo refers to proudly as the best workforce in America. In 2018, New York boasted a record 8.2 million private-sector jobs, the highest in our history.

This comprehensive annual economic report highlights the vast array of ESD activities that reflect Governor Cuomo’s holistic approach to economic development:

• Making place-based investments to help revitalize downtowns, in cities, towns or villages. Many regions have lost too many young adults over many decades, and we are working to create places they will want to return to and stay. This revitalization includes restoring historic buildings, activating waterfronts, encouraging transit oriented development, creating vibrant mixed-use districts and more.

• Developing the state’s workforce through training, by aligning skills with available jobs, is a must if we are going to continue to grow the economy. For example, recognizing the demand for STEM-related skills is essential to providing opportunity for New Yorkers to obtain interesting and gainful employment, and it’s also important for industries that are in need of a robust, well-trained workforce to compete successfully.

• Supporting tradable sectors by providing businesses with loans, grants or tax credits to incentivize them to make investments, grow employment in New York State, and export products and services.

• Fostering innovation, primarily through ESD’s Division of Small Business and Technology Development where we support NYSTAR’s Centers of Excellence, Centers for Advanced Technology, Manufacturing Extension Partnership Centers, Innovation Hot Spots and Certified Business Incubators. We also fund business plan competitions and encourage collaboration between industry and academia.

This report highlights all of these strategies throughout and also includes a section of detailed statistical information. Extensive additional information on thousands of economic development projects throughout the state is available on our website at esd.ny.gov.

Governor Cuomo’s strategy is not only providing positive economic results in the short term, but also planting seeds for sustainable economic prosperity over the long term. There are no quick fixes for regions that have suffered decades of decline. However, after eight years of sound regional economic planning and implementation, we are seeing robust signs of economic vitality and growth across Upstate New York as well, including tens of thousands of new jobs, and growth of the young adult population for the first time in a very long time.

Howard Zemsky Empire State Development President, CEO and Commissioner

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ABOUT EMPIRE STATE DEVELOPMENT

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STATE CAPITAL ESD REGIONAL OFFICE

KEY

EMPIRE STATE DEVELOPMENT is the umbrella organization for New York’s two principal economic development financing entities:

The New York State Urban Development Corporation and the Department of Economic Development.

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Brief Description

Atlantic Yards Community Development Corporation The Atlantic Yards Community Development Corporation (AYCDC) was created in 2014 and serves in an advisory capacity to the ESD Board of Directors regarding the Atlantic Yards Project, a 22-acre, $4.9 billion development that consists of the 18,000-seat Barclays Arena; the development of a reconfigured and improved Long Island Rail Road train yard and subway facility upgrades; the development of 16 buildings for residential and commercial uses; and the creation of eight acres of publicly accessible open space.

Empire State New Market CorporationThe Empire State New Market Corporation (ESNMC) is a certified Community Development Entity under the federal Department of the Treasury’s Community Development Financial Institutions (CDFI) Fund. ESNMC was created to administer ESD’s New Markets Tax Credit Program, which provides federal tax credits to incentivize private investment capital for operating companies and real estate development projects in order to foster job creation and community development in low-income communities throughout New York State.

Erie Canal Harbor Development CorporationThe Erie Canal Harbor Development Corporation (ECHDC) was created in 2005 to revitalize Buffalo’s inner and outer harbor areas and spur economic growth in Western New York. Guided by strategic planning that engages the public and promotes private sector investment, ECHDC has developed Buffalo’s waterfront into a culturally significant, accessible year-round destination through projects at Canalside and Buffalo’s Outer Harbor.

Harlem Community Development CorporationHarlem Community Development Corporation (HCDC) was created in 1995 to serve the greater Harlem community, including Central Harlem, El Barrio/ East Harlem, Washington Heights and West Harlem. It supersedes the Harlem Urban Development Corporation (HUDC) that existed from 1971 to 1995. Through various partnerships, HCDC plans and facilitates a wide range of community revitalization initiatives, strengthening Upper Manhattan and its economically and culturally vibrant communities. HCDC offers business services programs, providing tools including technical and financial assistance and skills training to local entrepreneurs to start and grow small businesses. A satellite Minority and Women-Owned Business Enterprises certification center supports local businesses seeking certification, and development programs provide information, technical and skills training to community-based organizations and individuals seeking to create independent projects and initiatives, supporting further investment in Upper Manhattan.

Lower Manhattan Development CorporationThe Lower Manhattan Development Corporation (LMDC) was formed in the aftermath of September 11th to administer $2.8 billion in federal grants dedicated to the redevelopment and revitalization of Lower Manhattan, and is currently in the final stages of its work. Funding was provided through the U.S. Department of Housing and Urban Development pursuant to federal legislation designating LMDC as the grantee. LMDC has funded a wide range of economic development, infrastructure, community and cultural projects in Lower Manhattan. LMDC programs have included: the World Trade Center Memorial and Cultural Program, the 9/11 Memorial and Museum and Performing Arts Center at the World Trade Center site; economic development programs sponsored by Empire State Development; and numerous community, cultural and human services programs.

ESD SUBSIDIARIESESD serves as the parent corporation for multiple subsidiary corporations. Each of these subsidiaries operates as an independent entity, with a board, president and staff. These subsidiaries are generally associated with large-scale development projects.

New York Convention Center Development CorporationNew York Convention Center Development Corporation (CCDC) was created in 1979 to oversee construction of, and capital improvements at, the Jacob K. Javits Convention Center on the west side of Manhattan. The Javits Center opened in 1986 and has long been New York City’s primary venue for large conventions, exhibitions, and major trade shows. These events are key contributors to the City and State economy, stimulating direct and indirect employment, economic activity and tax revenues, and strongly supporting the City’s hotel, restaurant, tourism, and entertainment industries. A major renovation of the existing facility was completed in 2014, and a $1.3 billion expansion is currently under construction and expected to be completed in 2021.

New York Empowerment Zone CorporationThe New York Empowerment Zone Corporation (NYEZC) is one of nine empowerment zones established by the federal government in 1994. NYEZC assists the Upper Manhattan Empowerment Zone Development Corporation (UMEZ) and the Bronx Overall Economic Development Corporation (BOEDC) to implement and realize the goals of the strategic plan developed for Upper Manhattan and Bronx communities. NYEZC funded projects have created 25,000 permanent and construction jobs. Over $280 million has been approved in funding for economic development projects, and NYEZC funds have leveraged more than $1 billion in private-sector investment.

Queens West Development CorporationThe Queens West Development Corporation (QWDC) was created in 1992 as a cooperative undertaking of ESD, the New York City Economic Development Corporation and the Port Authority of New York and New Jersey. QWDC is charged with overseeing the remediation and redevelopment of former industrial waterfront property along the East River in Long Island City, Queens, into a vibrant community. The project includes eleven residential buildings (providing over 4,600 units of housing), over 170,000 square feet of retail amenities, public streets and utilities, two public schools, and 13 acres of public parkland and recreation areas.

USA Niagara Development CorporationThe USA Niagara Development Corporation (USAN) supports and promotes economic development initiatives in Niagara Falls by leveraging private investment and encouraging growth and renewal of the tourism industry in the City of Niagara Falls. USAN works with state and local elected officials, civic groups, community leaders and the private sector to strengthen the local economy. USAN supports a variety of projects in Niagara Falls that are creating jobs, encouraging business investment, improving regional infrastructure and promoting tourism activity.

For more information go to: https://esd.ny.gov/subsidiaries

Canalside, Buffalo

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MISSION

The mission of Empire State Development (ESD) is to promote a vigorous and growing state economy; encourage business investment and job creation; and support diverse, prosperous local economies across New York State through the efficient use of loans, grants, tax credits, real estate development, marketing and other forms of assistance.

To support our economic development mission, ESD:

• Invests strategically in infrastructure, innovation, place-making and revitalization,

tradable sectors, and workforce development

• Is transparent and responsive to the needs of diverse communities across the state

through the active participation of the Regional Councils

• Supports the retention and health of existing businesses, the retention of populations,

and the development of new businesses and industries that will contribute to the development

of the 21st-century economy

• Promotes equality of economic opportunities for minority- and women-owned businesses (MWBEs)

• Provides early-stage support for new ventures, including the research

and development of new technologies

• Strengthens New York State’s innovation-based economy through partnerships with our

acclaimed universities, promoting entrepreneurialism through the development of incubators

and next-generation manufacturing and technology hubs across the state

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OUR INVESTMENT STRATEGY

New York State drives economic growth by making investments that build on four strategic pillars.

PLACEMAKING In order to attract a talented workforce and grow business, our built

environment must emphasize creating accessible job centers, sustainable infrastructure and

vibrant, livable communities.

WORKFORCE Targeted job training and education ensure that jobs in high-paying,

in-demand, tradable sectors are filled in an equitable way.

TRADABLE SECTORS New York State is investing in industries that increase

export-based employment opportunities—creating greater output and higher paying jobs.

INNOVATION Our investment focus on creating jobs of the future sparks entrepreneurship

and the birth of new businesses. The strategy creates synergies between research and

commercialization to achieve economic growth.

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Peconic Crossing, Riverhead Willow Rock Brewing Company, Syracuse

Hudson Valley Lighting, Wappingers FallsNorth Country Innovation Hot Spot at Clarkson University, Potsdam

Byrne Hollow Farm, Cortland Rendering of the Jacob K. Javits Convention Center, New York City

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PLACEMAKING WHERE WE INVEST MATTERS

Our built environment must emphasize creating accessible job centers, sustainable infrastructure and vibrant, livable communities.

2018 INVESTMENT STRATEGY HIGHLIGHTS

CAPITAL REGION – Starbuck Island Development

South Island Apartments LLC broke ground this spring on the transformation of Starbuck Island

(Village of Green Island) into a vibrant, sustainable waterfront community with housing, commercial

space, waterfront amenities, an amphitheater and boardwalk to facilitate a walkable link between

Green Island and Troy. This project will enable the revitalization of a contaminated brownfield area

formerly used to store oil tanks along the Hudson River. The $60 million project also includes a public

use marina, promenade, seawall and amphitheater along the Hudson River waterfront, allowing public

recreational access to this once industrial site. The project will support recent growth within the City of

Troy by providing desirable housing options and promote placemaking within walking distance from

the downtown area. $1.7 million Regional Council Capital Fund Grant.

LONG ISLAND – Peconic Crossing

Construction was completed at Peconic Crossing, a $17.5 million mixed-use project that is part of an

overall revitalization of downtown Riverhead, aimed at creating a vibrant area where people can live,

work and create. The building’s first floor features art gallery and studio space, management and

maintenance areas and parking, while the upper four floors include affordable residential units and

community spaces. $275,000 Regional Council Capital Fund Grant.

NORTH COUNTRY – Hotel Saranac

After a four-year renovation process, the historic Hotel Saranac reopened in January. Originally built

in 1927, this historic building now shines as the economic cornerstone of Saranac Lake’s downtown

business core. The $35.3 million restoration project by the Roedel Companies won an April award

from the Preservation League of New York State for preserving the architectural heritage of Saranac

Lake’s walkable downtown. The hotel is a downtown anchor and employer, with a restaurant and

gift shop featuring locally sourced food and craft beverages and products from local artisans.

$5 million Regional Council Capital Fund Grant.

Rendering of Starbuck Island Development, Green Island

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CAPITAL REGION – Gene F. Haas Center for Advanced Manufacturing Skills Hudson Valley Community College

New York’s Capital Region has emerged as a major global hub for the development, commercialization

and production in the biotech, cleantech, semiconductor, advanced materials and software industries.

To meet this growing regional demand, Hudson Valley Community College (HVCC) broke ground in

April on the $14.5 million Gene F. Haas Center for Advanced Manufacturing Skills (CAMS) in Troy. The

37,000-square-foot facility, designed as a one-stop hub for student training and employee recruitment,

will include classrooms, a student advisement center, advanced manufacturing labs and Computer-

Aided Design/Computer-Aided Manufacturing (CAD/CAM) simulation computer workstations. The

Center will provide a pipeline of skilled employees for the manufacturing and high-tech sectors and

allow HVCC’s Advanced Manufacturing Technology degree program to double enrollment in the fall

2019 semester. $2.9 million Regional Council Capital Fund Grant.

CENTRAL NEW YORK – Warriors Working, Clear Path for Veterans

The Warriors Working program empowers veterans to enter the workforce by equipping them with

skills and training. This program, based in Chittenango, provides customized career services support.

Veterans seeking to start a career or to continue in their current career can benefit from the services

offered, including peer mentorship. The Clear Path for Veterans in-house programs are supplemented

by resources offered through local community organizations and employers. Clear Path is also

expanding its on-site facilities, including new cabins and improvements to amenities that will allow for

multi-day training programs and retreats. $847,000 Regional Council Capital Fund Grants.

MID-HUDSON – Ironworkers Local 417 Training and Education Center

Work began in summer 2018 on the Ironworkers Local 417 Training and Education Center, a state-of-

the-art, two-story training facility in the Town of Newburgh. The nearly $1.7 million project will include

dividable classroom space and a demonstration area with a working indoor crane on which trainees

can practice actual construction tasks. Doubling the capacity of the union’s current training facilities,

once complete, the Center will allow for the training of an additional 75 apprentices over the next

five years–filling the growing need for certified ironworkers to serve the region’s many construction

projects. The project is projected to be completed in spring 2019. $300,000 Regional Council Capital

Fund Grant.

WORKFORCE CONNECTING PEOPLE AND JOBS

Targeted job training and education ensure that jobs in high-paying, in-demand, tradable sectors are filled in an equitable way.

Ironworkers Local 417 Training and Education Center, Newburg

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CAPITAL REGION – Regeneron Regeneron, a leading global biotechnology company, announced in September it will create 1,500 new full-time jobs and invest approximately $800 million over seven years at the company’s Rensselaer County campus in the greater Capital Region. The project, supported by the Governor’s Life Science Initiative, will expand the company’s laboratory space, manufacturing capacity and warehouse facilities. Regeneron, headquartered in Tarrytown, got its start in 1988 as a biotech startup and is now one of the world’s largest biotech companies, helping to further position New York as a magnet for next-gen life science innovation, research and talent. $70 million ESD Capital Grants; $70 million Excelsior Jobs Program Tax Credits.

NEW YORK CITY – Amazon In November, Amazon announced the largest economic development project in New York State history, an approximately $3.6 billion total investment to establish a new corporate headquarters in Long Island City, Queens—creating up to 40,000 jobs over the next 15 years with an average salary of more than $150,000. In 2019, Amazon will occupy up to 500,000 square feet at One Court Square while working to construct 4 million square feet of commercial space on Long Island City’s waterfront over the next decade, with expansion opportunities for up to 8 million square feet over the next 15 years. The project is expected to create an average of 1,300 direct construction jobs annually through 2033 and to create more than 107,000 total direct and indirect jobs overall. The project provides a 9:1 return on investment; more than $14 billion in new tax revenue for the State and a net of $13.5 billion in new City tax revenue over the next 25 years. In addition to an initial commitment of $5 million each by the company, City and State to create new tech-focused workforce development programs, New York State performance-based incentives are tied to job creation and investment commitments. $505 million ESD Capital Grant; $1.2 billion Excelsior Jobs Program Tax Credits.

WESTERN NEW YORK – Rosina Food ProductsIn June, Rosina Food Products completed a multi-year, multi-million-dollar expansion at its Cheektowaga and West Seneca operations. The $22.7 million project, which began in 2014, included a new Customer Focus Center, the addition of new manufacturing lines, updated machinery and renovations at the facility where Rosina frozen foods are produced. The expansion allows the company to increase its pasta production capacity by 10 million pounds annually and increase

packaging capacity of protein items by 5 million pounds. $5.5 million ESD Grants.

TRADABLE SECTORS BRINGING NEW YORK TO THE WORLD

New York State is investing in industries that increase export-based employment opportunities.

Regeneron, East Greenbush

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INNOVATION DRIVING THE ECONOMY

Our investment focus on creating jobs of the future sparks entrepreneurship and the growth of new businesses.


FINGER LAKES – NextCorpsNextCorps, formerly High Tech Rochester, moved its headquarters earlier this year to the renovated Sibley Building in Downtown Rochester. The state-of-the-art facility supports the creation and growth of high tech companies, and will serve as one of the cornerstones of the ongoing revitalization of the city’s urban core, as the anchor of the new Downtown Innovation Zone. Included as a part of that 40,000-square-foot renovation is a signature co-working space located in the historic Sibley Tea Room, private offices and suites, wet labs for biotech companies, and a fully equipped prototyping lab. $10 million ESD Grant; $250,000 ESD Business Incubator and Innovation Hot Spot Program.

MOHAWK VALLEY – IDEA NYThe Innovation & Development Entrepreneurial Accelerator (IDEA) NY business accelerator competition and 12-month program will build entrepreneurship and commercial businesses in the Mohawk Valley, and grow the region’s innovation economy. In August, Governor Cuomo announced a $2 million award to the Griffiss Institute to support the program. IDEA NY also builds on the work of the Air Force Research Laboratory Commercialization Academy, which has been a national leader in commercializing military technologies and produced 45 startups in the past four years. Griffiss Institute, a 501(c)(3) organization, advocates and facilitates cooperation among private industry, academia and the Air Force Research Laboratory Information (AFRI) Directorate, which has a portfolio of nearly 100 patents, including Unmanned Aerial Systems (UAS) and cybersecurity, from which entrepreneurs may draw technologies to build businesses. $2 million Upstate Revitalization Initiative Grant.

SOUTHERN TIER – SungEel MCC Lithium Battery Recycling FacilitySungEel MCC Americas, or SMCC, announced in September that it will establish its new North American presence at a $23 million facility for recycling lithium-ion batteries on the former IBM Huron Campus in Endicott, Broome County. SMCC is a partnership between South Korean recycling company SungEel HiTech and Metallica Commodities Corp., a White Plains, N.Y.-based e-recycler and broker. The facility, which expects to recycle 3,000 tons of batteries each year, will be located near a giga-factory announced by Imperium3 New York, a consortium of businesses working to produce cheaper, more efficient lithium-ion batteries. The recycling and recovery of lithium-ion batteries is essential in ensuring a sustainable future and continued access to materials used in production of the batteries. $750,000 ESD Capital Grant; $1 million Excelsior Jobs Program Tax Credits.

Griffiss Institute, Rome

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ECONOMIC GROWTH

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NYS Private Sector Jobs(Seasonally Adjusted)

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3.9%Nov 2018

$1,348 billionQ3 2018

$707 billionQ3 2018

Source: NYS Department of Labor, Local Area Unemployment Statistics. Source: NYS Department of Labor, Current Employment Statistics

Source: U.S. Bureau of Economic Analysis. All dollar estimates are in current (2018) dollars (not adjusted for inflation).

This dashboard provides a current look at key economic trends over the past decade. These trends show positive signs for New York’s economy, with wages and personal income rising, the unemployment rate dropping to a record low, and private sector jobs growing to an all-time high.

Note: The job numbers shown here are estimates derived from monthly surveys of employers. These are the most up-to-date trends for key economic indicators and supplement other employment measures such as the quarterly census of employment and wages (QCEW). QCEW is based on unemployment insurance tax reports filed by businesses and provides the most reliable data on firms, jobs and wages, but takes more time to finalize. While the estimates shown here are useful for the latest monthly trends, they are different figures from the QCEW, which are shown on the following pages and not yet available for 2018.

ECONOMIC INDICATORS DASHBOARD: 2007-2018

New York State UNEMPLOYMENT RATE(Seasonally Adjusted)

New York State PRIVATE SECTOR JOBS(Seasonally Adjusted)

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500

550

600

650

700

750

800

$850

$900

$950

$1,000

$1,050

$1,100

$1,150

$1,200

$1,250

$1,300

$1,350

200

9

200

8

200

7

2011

2010

2012

2014

2013

2015

2016

2017

2018

Per

son

al In

com

e ($

B)

Wag

e &

Sal

ary

($B

)

Income

Wage & Salary


3.9%Nov 2018

$1,348 billionQ3 2018

$707 billionQ3 2018



28 29

Private sector employment continues to expand with job numbers at a record high. New York State has had year-over-year growth in jobs, firms and wages since 2010. Almost 992,400* private sector jobs were added since this time. Upstate** added an average of about 24,200 total jobs each year from 2010-2017, after losing 12,300 jobs each year, on average, from 2000-2010.

NYS’s ability to attract and retain younger workers supports economic growth. The rate of unemployment across the state, including Upstate, is lower today than it has been in years. Unemployment in New York State was 4.7% in 2017, down from 8.6% in 2010. And the future of the labor market looks strong, with a rising population of young adults across New York, including Upstate. From 2010 to 2016, while the state’s overall population grew by 2%, the number of young adults (20-34) in New York increased by over 202,000 (5%). Meanwhile, Upstate added nearly 13,500 young adults, on average, each year from 2010 to 2016, which is more than the total increase in young adult population from 2000 to 2010 (about 10,600 people).

New hires benefit from economic growth with growing earnings. Hires across New York State, including Upstate, saw a double-digit increase in earnings from 2010 to 2017, exceeding the 13% rate of inflation over this period. Increases benefited hires across the board, including those who commonly face barriers to employment and economic opportunity, such as females, African Americans, and workers without a college education.

SOURCES: “Private sector employment…”: NYS Department of Labor, Quarterly Census of Employment and Wages, 1990, 2010, and 2017. “NYS’s ability…”: NYS Department of Labor, Local Area Unemployment Statistics, 2010-2017; U.S. Census, Decennial Census, 2000 and 2010; American Community Survey, 1-year estimates, 2016; “New hires…”: US Census, Local Employment Dynamics (LED), Quarterly Workforce Indicators, 2010 (Q1) and 2017 (Q2); Inflation rate from March, 2010 to June, 2017 calculated using the Consumer Price Index for All Urban Consumers (CPI-U) by the US Bureau of Labor Statistics Inflation Calculator available at https://data.bls.gov/cgi-bin/cpicalc.pl; “Tourism and new business…”: NYS Department of State, Active Corporations Database, 2018. Accessed July, 2018 at https://data.ny.gov/Economic-Development/Active-Corporations-Beginning-1800; US Census, Business Formation Statistics, 2017; Tourism Economics, Inc., 2017; “Investments…”: PwC/CBInsights MoneyTree™ data explorer. Accessed August, 2018 at http://www.pwc.com/moneytree; “Innovation development…”: National Science Foundation, Higher Education Research & Development (Survey (HERD), 2017; U.S. Bureau of Labor Statistics, STEM Data, 2013-2017. Accessed August, 2018 at https://www.bls.gov/oes/additional.htm; U.S. Patent Office, U.S. State Patenting Breakout by Regional Component, Count of Utility Patent Grant, 2000 – 2015.

ECONOMIC GROWTH HIGHLIGHTS: 2010-2017

SOURCES: NYS Department of Labor, Quarterly Census of Employment and Wages, 2010, and 2017. Wages are adjusted for inflation to 2017 dollars using the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) annual averages from the US Bureau of Labor Statistics available at https://www.ssa.gov/oact/STATS/avgcpi.html

FROM 2010 TO 2017

2011 to 2012

2000

2011

2012

2,536INCREASE

2009

2010

2007

2008

2005

2006

2003

2004

2001

2002

40,909

40,136

30,493

11.2%

2010 2017

578,061 635,251

FIRMS GREW BY 9.9%

2011 to 2012

2000

2011

2012

2,536INCREASE

2009

2010

2007

2008

2005

2006

2003

2004

2001

2002

40,909

40,136

30,493

9.9%

% CHANGE, 2010-2017

TOTAL JOBS GREW BY 11.2%

% CHANGE, 2010-2017

+57,190 firms

2010 2017

8,341,310 9,276,410 +935,100 jobs

2011 to 2012

2000

2011

2012

2,536INCREASE

2009

2010

2007

2008

2005

2006

2003

2004

2001

2002

40,909

40,136

30,493

16.8%

2010 2017

$67,328 $70,683

THE AVERAGE ANNUAL WAGE INCREASED BY 5%

2011 to 2012

2000

2011

2012

2,536INCREASE

2009

2010

2007

2008

2005

2006

2003

2004

2001

2002

40,909

40,136

30,493

5%

% CHANGE, 2010-2017

TOTAL WAGES GREW BY 16.8%

% CHANGE, 2010-2017

+$3,355

2010 2017

$561.6B $655.7B +$94.1B

(Adjusted for inflation)(Adjusted for inflation)

Tourism and new businesses are strong economic drivers. New York State is a destination for visitors and businesses. Nearly half (49%) of all active businesses across New York State, and the majority (64%) of active businesses in Upstate, filed to do business since 2010. More businesses filed in 2017 than in any other year. New York State ranked 4th in the nation in number of business startups in 2017. People are spending more on leisure and hospitality. Nearly 244 million visitors came to New York State in 2017, a 21% increase from statewide visitor numbers in 2011. Visitor spending increased 25% from 2011 through 2017.

Investments into venture capital-backed companies hit another annual high. Venture capital growth supports new startups, technologies and jobs. New York State ranked 2nd in the nation for venture capital investments in 2017. $11.2 billion in venture capital was invested in the state in 2017, 44% more than the previous year. Over $736 million in venture capital was invested in Upstate from 2011 through 2017—62% more than the previous seven-year period (2004-2010). In 2017 Q3, New York Metro surpassed all other regions in the U.S. in venture capital investments.

Innovation development and high-tech industries benefit from strong performing colleges and universities.Higher education drives economic growth through R&D. Colleges and universities across New York surpass national averages in R&D. R&D investments across New York ($5.8 billion in 2016) amounted to $294 per capita—43% higher than the national figure of $206 per capita. Over three-quarters of R&D dollars come from the federal government, representing new dollars into the state. New York State ranks #3 in the nation for patent production and STEM jobs. Growth in STEM jobs statewide exceeded national trends, increasing 14% between 2013 and 2017, compared to 9% nationwide. STEM jobs (490,510) account for 5.3% of statewide employment and pay over $40,000 more a year than non-STEM jobs ($98,240 v. $57,940). The New York-Newark-Jersey City Metropolitan area has more STEM jobs than any other metro in the U.S.

*Statewide growth in private sector jobs exceeds the growth in total jobs shown in the figure on page 29 due to a concurrent decline in public sector employment. **Upstate represents all regions of New York State except New York City and Long Island.

30 31

REGIONAL INITIATIVES

32 33

REGIONAL ECONOMIC DEVELOPMENT COUNCILSThe REDCs continue to empower local decision-making across the state

In 2011, Governor Cuomo established 10 Regional Councils to develop long-term strategic plans for economic growth for their regions. The Councils are made up of local experts and stakeholders from business, academia, local government, and non-governmental organizations. The REDCs redefined the way New York invests in jobs and economic growth by putting in place a community-based, bottom-up approach and establishing a competitive process for state resources. Each REDC develops strategies to identify and encourage applicants to apply for funding through the Consolidated Funding Application (CFA) to implement their strategies.

Priorities for the regions in 2018 (Round VIII) included:• Developing workforce development strategies

• Identifying projects for the state life sciences cluster

• Supporting Downtown Revitalization Plans and identifying downtown projects

• Implementing strategies through the project pipeline

• Tracking the progress of the strategic plan and CFA projects

In 2018, all 10 REDCs competed for designation as a “Top Performer.” The five Top Performers received up to $20 million in additional Empire State Development grant funding to support priority projects, with the remaining five regions receiving up to $10 million. Additionally, regions are eligible for up to an additional $75 million in Excelsior Jobs Program tax credits to help attract and grow businesses in the region.

After eight rounds of the Regional Economic Development Council Competition,

awards for the 10 regions included:

WESTERN NEW YORK REDC

$553.2 million for 781 projects

NORTH COUNTRY REDC


FINGER LAKES REDC


CAPITAL REGION REDC


SOUTHERN TIER REDC


MID-HUDSON REDC


CENTRAL NEW YORK REDC


NEW YORK CITY REDC


MOHAWK VALLEY REDC

$615 million for 640 projects

LONG ISLAND REDC


During Round VIII, the Strategic Implementation Assessment Team (SIAT), composed of state agency commissioners, received presentations on this year’s proposals from the Regional Councils directly. The SIAT assessed the implementation of the regions’ strategic plans as well as the progress being made by the REDC investments.

More than $763 million in economic and community development funding was awarded through Round VIII of the REDC initiative. In 2018, Top Performer Awardees were Central New York, Mid-Hudson, Finger Lakes, Mohawk Valley, and New York City.

More than $6.1 billion has been awarded to more than 7,300 job creation and community development projects consistent with each region’s strategic plans, projecting to create and retain more than 230,000 jobs. 81% of projects funded to date are either completed or on schedule to be completed.

Since 2011, CFA projects funded by the Regional Economic Development Councils had a total leverage ratio of 5:1. REDCs across the state-funded projects leveraged more than $18 billion in additional investment.

For more information go to: http://regionalcouncils.ny.gov/cfa/projects

2018 REDC Awards, Albany

34 35

Brief Description

The Buffalo Billion is building the foundation for sustainable economic growth by advancing local strategies that directly align with New York State’s core strategies for economic development—Placemaking, Workforce, Tradable Sectors and Innovation.

In recognition of the region’s potential and bolstered by confidence in the Western New York REDC’s Strategic Plan, A Strategy for Prosperity, Governor Andrew M. Cuomo made a historic commitment to strategically invest $1 billion in the Buffalo-area economy (Buffalo Billion) in January 2012.

The investment is aimed at creating new jobs, spurring large-scale private investment and increasing economic activity. The Western New York REDC then developed the Buffalo Billion Investment Development Plan, a detailed market analysis and investment plan based on the strategic framework laid out in A Strategy for Prosperity. As part of the 2017-2018 state budget, the Governor and the State Legislature funded a second round of Buffalo Billion funding (Buffalo Billion Phase II), totaling $500 million.

BUFFALO BILLION SIGNATURE INITIATIVES/HIGHLIGHTS TO DATE

PLACEMAKINGWestern New York’s placemaking strategy is about smart growth—focusing investment near existing infrastructure to better connect people with jobs and creating vibrant neighborhoods and a revitalized waterfront to attract a talented workforce and spark innovative companies. Through three rounds of the Better Buffalo Fund, ESD awarded $30 million to 47 projects citywide that are revitalizing Buffalo’s commercial districts and public transit corridors. Investments on Buffalo’s East Side are connecting people with jobs and training and encouraging new job creation. The revitalization of the Northland Corridor, anchored by the new Northland Workforce Training Center and the relocation of Buffalo Manufacturing Works, brings together training and R&D to attract additional companies and expand employment opportunities. A total of $50 million was dedicated to the further revitalization of the East Side through investments along four key commercial corridors and another $5 million to help restore the iconic Central Terminal in the Broadway Fillmore neighborhood.

BUFFALO BILLIONBuffalo Billion investments continue to shape the growth of WNY

several students have continued on to college or job placement in their specialties. Beyond manufacturing, the Workforce Development Challenge, which launched in 2018, is ensuring the region’s workforce pipeline is being responsive to industry demand while training underserved populations. And Say Yes Buffalo will continue to strengthen the regional workforce pipeline by offering unprecedented educational opportunities for an entire generation of Buffalo public school students.

TRADABLE SECTORSWestern New York developed investment strategies around three tradable sectors—Advanced Manufacturing, Tourism, and Health & Life Sciences—because of their strong, concentrated presence in the region, growing national trends, and their ability to serve large global markets with high growth potential.

The Buffalo High-Tech Manufacturing Innovation Hub at RiverBend is home to the 1.2 million-square-foot Tesla GigaFactory—the largest in the Western Hemisphere. Tesla partnered with Panasonic and production ramped up in 2018. As of November, there are more than 800 employees working in the factory, with a total of approximately 1,460 employees expected in the next two years.

Continuing the effort to revitalize downtown Niagara Falls, a Strategic Land Acquisition Program is underway to purchase key underutilized properties in the vicinity of Niagara Falls State Park that could support new significant downtown mixed-use development. Restoration efforts will begin on the historic Hotel Niagara. When fully restored, the iconic building will expand quality lodging and street level retail.

The successful completion of the Parkway South Removal/Riverway project, helped spur the development of four new hotels and $50 million in private investment. Helping to reconnect people with the waterfront, work began in 2018 on the Restore the Gorge project—the ecological restoration of 125 acres of parkland along the Niagara River Gorge.

Beyond Niagara Falls, the National Comedy Center opened in Jamestown in 2018, offering interactive exhibits and programming and boosting visitation in our Southern Tier counties. The National Comedy Center is expected to attract more than 114,000 visitors each year and give a $23 million boost to the local economy annually. In Erie County, Frank Lloyd Wright’s Western New York legacy

Also benefitting the East Side, the $10 million Buffalo Neighborhood Stabilization Initiative is a multi-pronged housing initiative to increase homeownership, prevent foreclosure, and target zombie properties.

Building on the successful development of a comprehensive trail system, creation of Buffalo Harbor State Park and remediation of former industrial lands, the next phases of the Outer Harbor restoration will enhance access and facilitate greater public use of nearly 150 acres of land. The Erie Street Waterfront Connection will realign and redevelop Erie Street, providing direct access to the waterfront and creating opportunities for private investment. Expanding Buffalo’s premier waterfront destination, Canalside, to include the former DL&W Terminal will extend rail service and create new opportunities for commercial and recreational enterprises. Thirteen sites were selected as part of the $20 million Buffalo Blueway project to enhance water access by creating a network of access points and increase recreation and tourism activity along the region’s greatest asset.

Beyond Buffalo, the redevelopment of the former Bethlehem Steel site continues to transform the 1,000-acre property in Lackawanna into a modern industrial park to attract new and growing companies. And the region’s Smart Growth Community Fund awarded a total of $20 million to Alfred, Dunkirk, Fredonia, Gowanda, Lackawanna, Lancaster, North Tonawanda and Tonawanda for placemaking projects that improve connectivity and accessibility in their downtowns.

WORKFORCEWestern New York aspires to create the most flexible, inclusive and industry-driven workforce training and placement environment. In September 2018, the centerpiece of the Buffalo Billion’s workforce development strategy, the Northland Workforce Training Center (NWTC), opened with an inaugural class of 120 students and a waiting list for the spring semester. The 90,000-square-foot adaptive reuse facility brings together numerous partners working together to close the employment skills gap and place workers in advanced manufacturing careers. Located in close proximity to Northland and acting as a natural pipeline for the NWTC, the Burgard High School Advanced Manufacturing Program, led by Alfred State College, is investing in the future of manufacturing. The first senior class graduated in spring 2018 and

will be sustained through the full restoration of two masterpieces. The renovation of the Graycliff Estate and The Barton House, part of the Darwin Martin House Complex, were both completed in 2018. Also in 2018, the Western New York Welcome Center opened in Grand Island, representing the gateway to all of these and other world-class destinations and historic sites in the Western New York region.

INNOVATIONWestern New York grows innovation through entrepreneurship—leveraging the region’s research and industry strengths and building a stronger ecosystem to support startups. 43North, the most ambitious startup competition in the nation with $5 million in annual awards, is generating new business ventures and attracting venture capital. 43North has attracted 45 winning startups raising $108 million ($94 million in venture capital funding and $14 million in grants). Half of the past 43North winners remain in Buffalo and all of the 2017 winners maintain a presence in Western New York. To date, more than 280 jobs have been created.

The member-based Buffalo Manufacturing Works creates an ecosystem to help local manufacturers identify, test, and implement technologies to create a competitive advantage for their products, expand into new markets and boost productivity. Buffalo Manufacturing Works has initiated or completed more than 285 funded projects for 105 companies representing nearly $25 million in economic impact. Membership has grown to 35 companies across various industries and company sizes. In 2018, Buffalo Manufacturing Works began construction on its new facility at the Northland Corridor. On track to open in 2019, the new facility will add more capabilities, serve more members and expand services while becoming an anchor for the City of Buffalo’s newest manufacturing hub.

The Innovation Hub is providing comprehensive support to accelerate the growth of technology startups by moving innovations from lab and classroom to the market. The University at Buffalo is creating an investment fund, incubation and entrepreneur support space, and entrepreneur support programming to expand services for the region’s entrepreneurial ecosystem. Additional accelerator and incubation space will also be created to provide more opportunities for growing the innovation sector in Western New York.

36 37

Brief Description

BUFFALO BILLION (CONTINUED)

Buffalo Billion investments continue to shape the growth of Buffalo Niagara

The Buffalo Institute for Genomics (BIG) is combining the research and development strengths of University at Buffalo and the New York Genome Center to make Upstate a leader in genomic medicine. BIG is developing a pipeline of partner companies, including Garwood Medical Devices and Circuit Clinical; is on track to meet its three year goal of 70 new jobs; and has secured more than $58.6 million in additional funding.

Athenex, a global specialty oncology pharmaceutical company that focuses on next-generation cancer therapies, employs 168 people in Western New York. Athenex’s Dunkirk manufacturing facility broke ground in 2018.

Since it began operations in 2015, Albany Molecular Research Inc. (AMRI) is helping companies and scientists take drug therapies from lab to the clinical-trial stage. AMRI employs more than 40 people at its 47,000-square-foot facility and has collaboration agreements with startup HarkerBIO and the New York Center for Nanomedicine Research.

Buffalo Niagara’s economic strategies and investments in the metropolitan core have anchored a regional rebound across Western New York’s five counties. Jobs, firms, wages, and population are up and moving in the right direction, after years of stagnation and

190

90

290

190

33

198

5

Where are the Buffalo Billion’s strategic investments?

$70.2M

$111.7M

$173.3M$975.8M

$194M

invested in innovation and industry

invested to revitalize our neighborhoods and downtown

invested in tourism assets

invested to activate our waterfront

invested in workforce development

$1B+

Over 97% of private investments fall within 1 mile of Buffalo Billion investments.

Private Investments (2012-2017) per sq. mi.*Public investments attract private investment

*Note: UBRI analysis of private investment data from the City of Buffalo Office of Strategic Planning (2017) and USA Niagara Development Corporation (2018). Projects may be in the planning stages, under construction, or completed.

City of Buffalo

City of Niagara Falls

$500

M

$250

M

$100

M

$20M

2012-2017

$1.5B Total Public Investment

$5.2B Total Private Investment

Neighborhoods/Downtown Revitalization

Innovation and Industry

Workforce Development

Tourism

Waterfront Activation

decline. Between 2011 and 2017, Western New York added more than 18,500 private sector jobs, 1,300 firms, and $3.7 billion in private-sector wages. Increases in worker wages outpaced inflation, and the rate of unemployment is lower than it has been in years.

Growing economic opportunities and quality of life investments in Buffalo Niagara have helped to attract young adults. The population of those between the ages of 20 and 34 increased by more than 16,000 between 2010 and 2016. Investments in tourism assets have spurred higher levels of visitation and visitor spending. The number of visitors to Western New York is on the rise, increasing 15.8% between 2011 and 2017. Tourists are spending more on accommodations, food, retail, recreation and other forms of leisure and hospitality. Western New York continues to make headlines in 2018 with national and international media largely covering the region’s economic transformation. The New York Times named Buffalo one of its “52 Places to Go in 2018,” London’s Sunday Times lauded it as “America’s Coolest City” and Time Magazine named Buffalo’s Hotel Henry as one of the “World’s Greatest Places 2018.”

For more information go to: https://buffalobillion.ny.gov/

38 39

The Upstate Revitalization Initiative (URI) is part of an overall strategy aimed at systematically revitalizing the economy of Upstate New York. The URI combines the expertise and structure of the Regional Economic Development Councils and builds on the research, collaboration, and investment the regions have engaged in since 2011. The URI follows ESD’s overarching economic development principles of placemaking, innovation, tradable sectors and workforce.

In January 2015, Governor Andrew Cuomo announced the Upstate Revitalization Initiative (URI)—a competition backed by a $1.5 billion commitment to help continue to restore economic opportunity to regions across Upstate New York. Seven regions (Mid-Hudson, Capital

UPSTATE REVITALIZATION INITIATIVEURI projects advance the Upstate economy in Central New York, the Finger Lakes, and the Southern Tier

Region, Mohawk Valley, Central New York, North Country, Southern Tier and Finger Lakes) were eligible to compete for one of three $500 million prizes. Each of the seven URI regions submitted a plan in October 2015 that proposed a vision for their long-term revitalization. Plans included identifying existing assets, highlighting needs and recommending areas of opportunity for proposed investment. The Central New York, Finger Lakes, and Southern Tier regions were announced as winners of the URI in December 2015. Each winning region was awarded $500 million in funding, allocated over five years. The four remaining regions received an additional $50 million to fund priority projects and regional plans for growth.

CENTRAL NEW YORKAlignment with strategiesCentral New York aims to create communities that are welcoming, connected, and prepared to accommodate diverse residents, both new and current, as part of its placemaking strategy. To foster innovation, the region is boosting the connection between its research institutions, startup businesses and advanced manufacturers. In terms of tradable sectors, the Central New York region is capitalizing on its existing manufacturing strengths and assets, especially in precision sensing technologies and data analytics, growing the agribusiness market, and developing a modern transportation and logistics system. Workforce initiatives are focused on residents in urban areas, impoverished and disadvantaged residents, and veterans and their families to ensure the region grows in a sustainable and inclusive manner.

URI project highlightsThe $30 million Alliance for Economic Inclusion Anti-Poverty Initiative is busy funding anti-poverty efforts in low-income communities that create career pathways, grow jobs, create tools and incentives for educational attainment, and build wealth and next-generation community leadership. Twenty-two projects have received funding. $30 million URI Award.

To advance the burgeoning Unmanned Aerial Systems industry in Central New York, URI funds are helping to develop a 50-mile flight traffic management system between Syracuse and Griffiss International Airport in Rome, which supports emerging uses of unmanned aircraft systems in key Central New York industries, including agriculture and forest management, transportation and logistics, media and film development, utilities and infrastructure, and public safety. $35 million URI Awards.

State partners are focused on the development, testing and certification of UAS aircraft and UAS Traffic Management systems, ultimately setting the standard for the industry. Educational institutions, such as Syracuse University and Mohawk Valley Community College, have also aligned training curriculum and research efforts around the growing needs of this sector.

Round III of the innovative GENIUS NY competition is underway. The accelerator—located at The Tech Garden in Downtown Syracuse—is one of the world’s largest business competitions focused on unmanned aerial systems, cross-connected platforms and other technology-based sectors. In addition to $3 million invested in six finalist companies, the year-long business accelerator mentors UAS entrepreneurs and early-stage businesses enticing next-generation entrepreneurs to establish roots in New York State. The accelerator will be funded through five rounds. $20 million URI Award.

The NYS Equal Rights Heritage Center in Auburn not only makes a significant investment into “history’s hometown” but also recognizes and pays tribute to the sacrifices of individuals like Harriet Tubman and Elizabeth Cady Stanton in the fight for equal rights. Opening at the end of 2018, this center will serve as a hub for visitors and highlight the historical significance of the Central New York region. $10 million URI Award.

In May 2018, Hill-Rom Holdings, a global leader in medical technology, officially opened its new Welch Allyn facility in Skaneateles Falls where it has manufactured medical devices since 1915. The company committed to creating more than 100 new jobs while retaining nearly 900 existing positions in Central New York. $6 million URI Award.

NYS Equal Rights Heritage Center, Auburn

40 41

SOUTHERN TIERAlignment with strategiesPlacemaking in the Southern Tier is focused on its vibrant urban cores, to improve perceptions of the region and attract private investment, new residents, innovation and entrepreneurship. The Southern Tier’s priority to ‛Build the Greater Binghamton Innovation Ecosystem’ continues to support and develop startup firms, research facilities, academic institutions and organizations that emphasize creative ideas and technologies in line with the State’s innovation strategy. Manufacturing is an important tradable sector for the Southern Tier. Manufacturing, especially in the Advanced Transportation Equipment Manufacturing cluster, offers some of the greatest potential for growth in terms of supply-chain, commercialization of technology for business expansion, employee recruitment, foreign investment and exports. The Southern Tier recognizes that a strong workforce is one of the key components of sustainability and growth in the region’s manufacturing sector.

UPSTATE REVITALIZATION INITIATIVE continued

URI project highlightsThe Greater Binghamton Fund, launched in 2017, supports 32 projects that encourage high-density development and growth in three designated urban cores or iDistricts, helping to revitalize neighborhood commercial districts and reverse urban outmigration in Binghamton, Johnson City, and Endicott. $20 million URI Award.

Corelle Brands LLC, a kitchenware products maker and distributor, is moving forward with a $50 million modernization project at its manufacturing facility in Corning, Steuben County. The project will enable the company to expand production capacity. $4 million URI Award.

DICK’S Sporting Goods continues to grow its operations in the region. Earlier this year, the company opened its Northeast distribution hub in Broome County, serving more than 200 retail locations and creating significant private investment. In April, the nation’s leading omni-channel sporting goods retailer announced it will construct the Company’s first-ever in-house eCommerce fulfillment center at the Conklin site. $5.2 million URI Awards.

FINGER LAKESAlignment with strategiesWith a legacy of innovation and world-class universities, including research, commercialization and incubation facilities, the region is fostering the growth of new businesses and expansion of existing enterprises. The Finger Lakes’ workforce strategy focuses on reducing poverty and providing opportunities through targeted education and training efforts that directly link workers to employment opportunities. The region is investing in its tradable sector strengths including optics, photonics, and imaging; agriculture and food production; and next-generation manufacturing and technology. The region grounds its URI initiatives in a placemaking strategy that focuses investment on three hubs of innovation and initiatives in quality of life improvements for residents.

URI project highlights Rochester is working to establish itself as the optics, photonics and imaging capital of the world.

The Finger Lakes Forward Venture Capital Fund is a targeted investment fund that will be managed by Excell Technology Ventures to provide opportunities for startup companies. The fund will focus on early-venture stage capital investments in high-tech industries such as advanced manufacturing; life and material sciences; optics, photonics & imaging (OPI); and others. $25 million URI Award.

One of 14 Manufacturing USA Innovation Institutes, AIM Photonics opened its new Test, Packaging and Assembly (TAP) facility at Eastman Business Park in Rochester that will be the primary hub for this public-

Governor Andrew M. Cuomo announces the ROC the Riverway project in Rochester.

Luminate NY Awards in Rochester

private partnership comprised of industry-leading innovators, mentors and partners working to further develop the photonics integrated circuit industry. $250 million URI Award.

New York State has dedicated $30 million for a new Photonics Attraction Fund (PAF) that launched in 2018 and encourages companies to set up or expand their manufacturing operations for integrated photonics technologies in the greater Rochester area. The PAF program is part of an earlier $250 million New York State commitment establishing AIM Photonics in Rochester.

Now in its second year, the innovative Luminate NY competition is focused on attracting and growing promising optics, photonics and imaging companies at the business accelerator administered by Nextcorps and headquartered at the newly renovated Sibley Building in Downtown Rochester. The top prize of $1 million was awarded in June. $10 million URI Award.

The ROC The Riverway initiative will transform the Genesee River and unlock the potential of Rochester’s waterfront. In partnership with the City of Rochester, the waterfront is poised for rebirth as a vibrant attraction for commerce, recreation and tourism. $50 million URI Award.

A $60 million expansion project is underway at The Strong National Museum of Play in Rochester’s East End, on the site of the former inner loop. URI funding will help attract new and returning visitors to one of the Finger Lakes’ top tourist attractions. $20 million URI Award.

42 43

COMPLETE URI PROJECT LIST FROM PROGRAM INCEPTION

CENTRAL NEW YORK

Automodality — The Round One GENIUS NY winner will invest more than $16.1 million to establish a permanent manufacturing solutions service center in Syracuse, Onondaga County. The center will target infrastructure inspections utilizing unmanned aerial vehicles. $500,000 URI Award.

Central New York Community Foundation Inc. — The Central New York Community Foundation Inc. will invest $30 million to fully endow the Syracuse College Promise “Say Yes Syracuse” scholarship fund that will perpetually guarantee a path to college for every student graduating from the Syracuse City School District (SCSD), regardless of income. As a component of the Alliance for Economic Inclusion, the Syracuse College Promise is a key strategy of the CNY REDC URI plan. Creation of a sustainable funding source for college attainment will support the CNY REDC’s efforts to build a more inclusive economy that offers greater economic prosperity for all, and will simultaneously build a talented and broadly diverse workforce needed to attract and support meaningful business development. $20 million URI Award.

City of Auburn — URI investment will help to complete the advanced design documents and construction of a new 10,000-square-foot Equal Rights Heritage Center in downtown Auburn, Cayuga County. $10 million URI Award.

Community Memorial Hospital Inc. — Community Memorial Hospital will invest approximately $6 million to renovate and expand the size of its emergency department in the Village of Hamilton, Madison County, from 1,916 to 3,935 square feet. The existing space is outdated and not in compliance with current hospital standards. As a result of the improvements, the hospital will increase the number of patients treated, requiring the addition of 6 new employees. $500,000 URI Award.

Cortland Plastics International LLC — Cortland Plastics International, LLC (a custom blow molding company) purchased, renovated, and equipped a 40,000-square-foot building adjacent to its existing 55,000-square-foot manufacturing facility in Cortland, Cortland County, expanding the capacity of its three-shift operation to accommodate future growth. The $1.3 million project will add 11 jobs to the company’s existing workforce of 55. $250,000 URI Award.

COR Van Rensselaer Street Company LLC — The company will invest approximately $38.9 million to construct two mixed-use buildings along Van Rensselaer Street in the City of Syracuse, Onondaga County. The 184,000-square-foot construction project, a component of the Syracuse Inner Harbor will include 39,000 square feet of retail space on the first floors and 108 market-rate apartments. $2.5 million URI Award.

County of Onondaga — Onondaga County will pave a parking lot at the NYS Fairgrounds and add an on-ramp to Route 690. $20 million URI Award.

County of Onondaga — Onondaga County will invest $13 million to assist the NYS Department of Agriculture and Markets in the planning, design, and construction of a 133,000-square-foot Exposition Building on the NYS Fairgrounds. This will allow the fairgrounds to accommodate larger conventions and other events, and will help make the fairgrounds a year-round economic driver. $13 million URI Award.

County of Oswego Industrial Development Agency — The Oswego County IDA will invest an estimated $6 million to renovate a former downtown 43,000-square-foot grocery store into a world-class, mixed-use, START-UP NY eligible incubator. The new facility will contain 29,000 square feet of flexible incubator space and will feature business development and entrepreneurial services, mentoring from partner institutions and businesses, makerspace operated by SUNY Oswego for R&D and prototyping, small business advisers, and loan and investment advisers. $900,000 URI Award

Crouse Health Hospital Inc. dba Crouse Hospital — Crouse Health Hospital Inc., located in Syracuse, Onondaga County, will invest approximately $17 million to expand and relocate its Chemical Dependency Treatment Services program (CDTS) from its existing 34,260-square-foot facility to approximately 45,000 square feet at a nearby location to be determined. The project, which includes renovations and equipment upgrades, will add 18 positions to the CDTS’s current workforce of 74. $950,000 URI Award.

Giovanni Food Co. Inc. — Giovanni will purchase a state-of-the-art facility in Lysander, Onondaga County and consolidate their four locations into one. The new 168,000-square-foot facility is located at the Radisson Corporate Park. The total project cost is $8.5 million. $700,000 URI Award.

Greater Syracuse Soundstage — Greater Syracuse Soundstage Corp. will invest approximately $1.7 million to support the film industry in Central NY. The project will include $1.5 million in capital improvements to the CNY Film Hub, including Production and Post-production construction services; purchasing and installing furniture, fixtures, and equipment; and purchasing vehicles to support the CNY Arts Feature Film Fund and Short Film Competition initiatives. The project will also include $200,000 in working capital to fund soundstage operations. $1.7 million URI Award.

Green Empire Farms — Green Empire Farms, Inc. will purchase nearly 200 acres and will construct in two phases two controlled environmental agriculture greenhouses in the City of Oneida and Village of Wampsville in Madison County. Over a course of three years, the controlled environmental agriculture greenhouses, totaling 64 acres under glass, will be constructed, and machinery and equipment will be purchased. The project will create 118 net new jobs over five years. Project costs are expected to total $70 million. $2.6 million URI Award.

Gryphon Sensors — The company has developed a state-of-the-art mobile Unmanned Traffic Management system, called Mobile Skylight, which provides three-dimensional detection of low-flying, small, UAS at a distance of up to 10 kilometers. The unit is a complete mobile command center featuring 4x4 off-road capability that can be taken anywhere without a commercial driver’s license and offers rapid deployment for a wide range of applications. $5 million URI Award.

Housing Visions Consultants Inc. (previously D. Yaman Properties LLC) — Housing Visions Consultants Inc. will invest approximately $12.7 million to acquire and redevelop the building at 165-177 Main Street in Cortland, Cortland County, into a mixed-use facility. The building is 144,000 square feet, and the project will create a minimum of 45,000 square feet of commercial space with the remainder being residential space. $250,000 URI Award.

Earned Visibility Inc. (Terakeet LLC) — Earned Visibility Inc., which provides internet search engine optimization and software development for a wide range of customers, will invest approximately $3 million to renovate and equip approximately 45,000-square-feet of leased spaced at a location to be determined in the City of Syracuse, Onondaga County. Earned Visibility currently leases 23,525 square feet in Downtown Syracuse, collectively located at 316 South Clinton St., 318 South Clinton St., and 333 West Washington St. Terakeet LLC, a wholly-owned subsidiary of Earned Visibility, is the direct employer of the 150 employees who will relocate from the existing Syracuse locations to the new space. The project is expected to create an additional 200 jobs. $600,000 URI Award.

Farm It Out Produce Inc. — Farm It Out Produce Inc. will invest approximately $1.4 million to construct and equip a 24,828-square-foot indoor greenhouse, most of which will be dedicated to growing a large variety of produce hydroponically. The facility will also house a Community Support Agriculture retail operation to offer fresh produce to members. The company expects to be a USDA “designated merchant,” offering food stamps and SNAP to meet the nutritional needs of lower income families. The new business will create seven jobs. $275,000 URI Award.

Fort Schuyler Management Company — In partnership with SUNY Poly, Fort Schuyler Management Company acquired real property, purchased, designed, constructed and equipped an 82,500-square-foot, state-of-the-art facility located at the Central New York Hub for Emerging Nano Industries in Dewitt. Serving as anchor partner, NexGen will establish its power electronic semiconductor devices manufacturing, business, and other related operations at the new facility. The total project cost is $105 million and will lead to the creation of 290 new jobs within seven years of project completion. $70 million URI Award.

400 West Division Street LLC — 400 West Division Street LLC will invest an estimated $8 million to construct a new 41,000-square-foot mixed use building in the City of Syracuse, Onondaga County. The building will utilize the first two floors for commercial space and add a third story for a residential component. $1 million URI Award.

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COMPLETE URI PROJECT LIST FROM PROGRAM INCEPTION continued

Innovation Group of CNY Arts LLC — The project, created to grow the film industry in Central NY, includes the CNY Arts Short Film Competition 2018, in partnership with Syracuse University and SUNY Oswego, and the creation and operation of a $4.5 million equity fund that will be used to incentivize filmmakers to produce motion pictures in Central NY. The remaining portion is working capital. $4.8 million URI Award.

Inns of Aurora LLC — The Inns of Aurora LLC will invest approximately $15.5 million to upgrade and expand its hospitality operations in the Village of Aurora, Cayuga County. Project activities include new construction, renovation, and equipment for a spa, an event center, and a support facility for all the Inns of Aurora LLC’s properties. The project is expected to add 55 jobs to the existing workforce of 135. $1.5 million URI Award.

Lake Ontario Water Park Inc. — Lake Ontario Water Park will invest an estimated $5.2 million to create a 10,000-square-foot Water Park that will be located in Oswego, Oswego County. The Water Park will enhance the Waterfront Revitalization initiatives and serve as a tourism attraction. The project will create 18 jobs. $400,000 URI Award.

McNeil Development Company LLC — McNeil Development Co. LLC will renovate and equip adjacent existing properties in the City of Cortland, Cortland County at a cost of approximately $7.3 million. The project will create an office campus totaling 65,000 square feet that will be leased to insurance agency McNeil & Co. Insurance. A small portion of the building may remain vacant and be available for lease for other commercial purposes. $1.1 million URI Award.

Morse Manufacturing Company Inc. — Morse Manufacturing Company Inc. will be relocating from its current location in East Syracuse to a 115,000-square-foot facility in Syracuse, Onondaga County. The project will include building acquisition, renovation, relocation costs, and new machinery and equipment. The project will retain 34 jobs and cost an estimated $4.5 million. $500,000 URI Award.

900 East Fayette Group LLC — 900 East Fayette Group LLC will invest approximately $8 million to return the long-vacant and historic Sylvester Building, located on East Fayette Street in Syracuse, Onondaga County, to productive use. Development will include renovation of the existing structure and construction of an addition, transforming the building into a mixed-use building with 13,900 square feet of commercial space for six tenants and 42 apartments. The project will spur economic activity in an inner-city neighborhood that currently has few businesses or residents. $250,000 URI Award.

Park Avenue Lantern Corporation (Syracuse Business Center Inc.) — Park Avenue Lantern Corporation invested $24 million to redevelop the former R.E. Dietz factory near downtown Syracuse into apartments and commercial space. The project includes 92 residential units on the upper three floors of the four-story building and approximately 37,500 square feet of commercial/office space on the first floor. $900,000 URI Award.

Prima Terra Properties LLC — Prima Terra invested $14.2 million to develop the Crossroads Project in Liverpool, Onondaga County, to include construction of a new 124-room Hampton Inn and Suites hotel, together with development of four out-parcels for lease to new, national tenants with uses complementary to the hotel. The project includes parking and infrastructure improvements. The Hampton Inn will create 29 full-time permanent jobs, replacing some of those lost due to the closing and demolition of a 50-year-old Ramada Inn formerly located on the site. New tenants are expected to create as many as 100 additional jobs. $1 million URI Award.

Saab Defense and Security USA — With a focus on precision sensing as a major area of future growth potential in Central New York, Saab, a multinational military defense and civil security company, is investing $55 million to relocate the North American headquarters of Saab Defense and Security USA to East Syracuse in Onondaga County, adding to its existing local workforce of more than 450 employees in Central New York. $10 million URI Award.

State Tower Building LLC — The single-purpose real estate entity, formed by Pioneer Companies, began a $32 million project in March 2016 to purchase and redevelop the 21-story, 211,000-square-foot State Tower Building in the City of Syracuse, Onondaga County, for mixed-use commercial/residential occupancy. Empire State Development will assist with URI funding to complete improvements on floors 1-8 for future commercial and retail use, as well as shared interior and exterior improvements. $3 million URI Award.

Sunoco Inc — Sunoco will renovate and equip a portion of its facility into a 30-metric-ton-per-week grain malting facility to be located in the City of Fulton. The facility would supply a significant percentage of the malt requirements for New York State farm breweries. The total project costs are $14.8 million. $700,000 URI Award.

Syracuse Lighting Company LLC — Syracuse Lighting Company LLC, a new entity formed by real estate developers, The Woodbine Group, will invest $6.8 million to complete a mixed-use renovation of the historic former Syracuse Lighting Company headquarters in the City of Syracuse downtown Franklin Square neighborhood. The interior space will be retrofitted to accommodate a craft brew house, restaurant, retail space and tasting area, as well as office space and apartments. The company will create 38 jobs. $800,000 URI Award.

Syracuse 727 LLC — The principals of BLVD Equities LLC formed Syracuse 727 LLC to invest approximately $45 million to demolish and reconstruct the Campus Plaza block at 723-727 South Crouse Ave. in Syracuse’s Collegetown into 19,000 square feet of retail space and 145,000 square feet for 168 apartments. $800,000 URI Award.

URI FUNDING UNDER $250,000 WAS PROVIDED FOR THE FOLLOWING:

• Ascension Gaming Network Inc.

• Gear Motions, Nixon Gear Division

• JPW Structural Contracting Inc.

• Lake View Manufacturing LLC, dba Aurora Shoe Company

• Near West Side Initiative Inc.

• Town of DeWitt

• Tony Baird Electronics Inc.

• Whitlock Partners Ltd.

The Kimberly at Grant Boulevard Inc. — The Kimberly at Grant Boulevard Inc. will invest $23.2 million to adaptively reuse two structures at the Sisters of Saint Francis complex on the City of Syracuse North Side. The St. Anthony Convent and Franciscan Center will be renovated into a 68,600-square-foot shared office, incubator, and commercial space at an estimated cost of a little more than $9.8 million. The Jolenta Convent will be renovated into an assisted living residence at an estimated cost of $13.3 million. $1.1 million URI Award.

Visiting Nurse Association of Central New York Inc. — Visiting Nurse Association of Central New York Inc., located in Syracuse, Onondaga County, will expand access to its Centralized Continuing Care Call Center as the point of entry for all home- and community-based services and long-term care programs. The project involves renovations to portions of the building interior, as well as acquisition and demolition of an adjacent property to provide additional parking. The approximately $6.3 million project will add 30 jobs to the existing workforce of 284. $900,000 URI Award.

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Hillside Work-Scholarship Connection — Expansion of the Hillside Work-Scholarship Connection program targeting those impacted by poverty in the City of Rochester neighborhoods of EMMA and Beachwood. The Hillside Work-Scholarship Connection program provides a path for at-risk youth to overcome poverty and succeed academically. $3 million URI Award.

HP Hood — The company purchased (and is renovating) the idle former Pepsi Muller Quaker Dairy plant in Batavia to produce aseptic extended shelf life (ESL) dairy beverages. They will also construct a 100,000-square -foot refrigerated warehouse. 230 new jobs will be created. $2 million URI Award.

IEC Electronics — The company will invest more than $20 million to relocate and construct a new state-of-the-art manufacturing facility in Newark, Wayne County, at the Silver Hill Technology Park. IEC plans to move to, and begin operations at, the new facility in mid-2019. $2 million URI Award.

Kodak Alaris Rochester Relocation — The URI award facilitated the relocation of Kodak Alaris from Eastman Business Park to a 250,000-square-foot facility in the Rochester Tech Park (RTP). $2 million URI Award.

Kodak/NY-BEST Battery Cell Assembly Pilot Plant at Eastman Business Park — The project included the buildout of equipment purchased from Corning to expand the NY-BEST energy storage ecosystem to allow assembly of battery cells at Bldg. 308 in EBP. $1.2 million URI Award.

LiveTiles — Software development enterprise, LiveTiles, has selected the City of Rochester’s Downtown Innovation Zone (over North Carolina and other locations in the Eastern United States) to establish its North American Intelligent User Experience (IUX) Hub. $3.5 million URI Award.

Marquart Bros, LLC New Production Facility — The company will construct a 19,600-square-foot potato chip production and packaging facility. The facility will use locally grown New York produce to make the potato chips. $900,000 URI Award.

Monroe Community College Forward Center at EBP — Establishment of a workforce development center at Eastman Business Park. Renovation of the 2nd floor of Building 12 in EBP to create a STEM training center. The purpose of the Center is to improve diversification in workforce development programs to bridge the gap between employer needs and workforce skills in the new economy. $5.4 million URI Award.

OFD Foods LLC — The Oregon-based freeze-drying manufacturer will establish a facility in the town of Henrietta. They will construct a new 50,000-square-foot building and purchase machinery equipment, creating 30 jobs. OFD will purchase the property and has plans for a phase II expansion of an additional 50,000 square feet in five years. $400,000 URI Award.

ON Semiconductor EBP Expansion — The company is expanding manufacturing capabilities at Eastman Business Park in Rochester. They had considered moving operations out of NYS, but decided to expand thanks to a $4.3 million URI Award.

Optimax Systems — Optics manufacturer Optimax Systems Inc., located in Wayne County, is expanding its operations to include a 60,000-square-foot addition at its existing facility. The expansion project is expected to be completed in 2024. $700,000 URI Award.

Paychex Rochester Expansion — Consolidation of several Paychex facilities in the Rochester area into a new campus, on Calkins Road in Henrietta, will create at least 625 new jobs over the next five years to support continued market expansion in online services and products. $2.5 million URI Award.

RIT REMADE Clean Energy NNMI — RIT is leading a national consortium applying to the federal DOD for the Clean Energy Manufacturing Innovation Institute (CEMII). $20 million URI Award.

Rochester Data Science Consortium — Located on the University of Rochester campus, the consortium is expected to leverage more than $285 million in federal research funds and private investment. Harris Corporation’s Space and Intelligence Systems division is the first partner in the effort. The project also included the construction of a brand new 60,000-square-foot building that will house the new consortium, which will be part of the University of Rochester’s Goergen Institute for Data Science. $12.5 million URI Award.

FINGER LAKES

American Packaging Corporation — The company had considered constructing a new manufacturing plant near its facilities in Iowa, but instead chose New York State and the town of Chili for their 215,000-square-foot manufacturing plant. $7.7 million URI Award.

Boys and Girls Club of Rochester — This undertaking included the renovation of the existing facility and the construction of an addition to accommodate expanded youth programming. $300,000 URI Award.

Bristol Mountain New Ski Resort Inn and Lodge — This project included the construction of a new inn at the base of mountain ski slopes to accommodate guests year-round. $300,000 URI Award.

Canandaigua Lakefront Redevelopment Project Final Phases — The Pinnacle North project is located on Canandaigua Lake and involved significant site/infrastructure investments to accommodate the new construction of residential, commercial and open space. $2 million URI Award.

Catholic Family Center Mentors for Success Pilot — This adult mentoring program connects participants to social supports and sees them through transitioning to self-sufficiency in high poverty neighborhoods in the City of Rochester. $1.5 million URI Award.

Child Care Expansion-Monroe County — This 18-month demonstration expansion of Child Care subsidies for 300 families is focused on the Rochester-Monroe Anti-Poverty Initiative neighborhoods in the City of Rochester. Funding will be administered by OCFS via Monroe County. $3 million URI Award.

CityGate Erie Canal Public Venue — Additional new construction development focused on the Public Venue alongside the Erie Canal at CityGate in Rochester. $2 million URI Award.

Clearwater Organic Farms LLC — The company will build a 15-acre, 650,000-square-foot facility at Eastman Business Park to produce fresh, locally grown, organic baby leaf greens year-round. $4 million URI Award.

Danisco/DuPont EBP Expansion — The project expands the advanced chemical facility in Eastman Business Park by 25,000 square feet to include bulk storage silos, storage tanks, and a new connection to the EBP industrial sewer system. $1.5 million URI Award.

Datto Downtown Rochester Expansion — Datto (a START-UP NY company) has renovated three floors of the Metropolitan building in downtown Rochester to create their new location. $2.1 million URI Award.

Early Childhood Pilot Program-United Way — Project funds support a two-year expansion of proven Home Visitation and Summer Learning programs, and child care and home visiting services for children and caregivers in the City of Rochester pilot neighborhoods targeted by the Rochester-Monroe Anti-Poverty Initiative, including the East Main, Mustard & Atlantic Avenue; Beechwood; and Marketview Heights neighborhoods. $1.8 million URI Award.

Eastman School of Music Messinger Hall Renovation — The project features the renovation of Messinger Hall for new teaching studios, classrooms, administrative offices and a waiting area for parents at the Eastman School of Music. $500,000 URI Award.

Energy Storage Ecosystem Resources-Safety Testing and Cylindrical Cell Prototyping — The effort includes the renovation of existing facilities in the Eastman Business Park, purchase of equipment to perform safety testing and certification of batteries, and purchase of equipment for flat pack battery prototyping at RIT. $2 million URI Award.

Foodlink Food Commercial Kitchen Expansion — This project included the expansion of Foodlink’s kitchen facility into a regional food production, processing and culinary workforce development center. $250,000 URI Award.

Genesee Valley Agri-Business Park Infrastructure — Extension of infrastructure in the Genesee Valley Agri-Business Park, including water lines, sewer lines and a sewer pump station. $500,000 URI Award.

Greenidge Gas Conversion Project — The project calls for the renovation of an existing power plant in Dresden, in Yates County, that will allow the plant to burn 100% natural gas. $2 million URI Award.

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SOUTHERN TIER

Alstom Transportation Inc. — Expansion and modernization of operations, including the purchase and installation of new machinery to manufacture Next Generation high-speed trainsets. $30 million URI Award.

ANSCO Camera Factory Mixed-Use Development — This mixed-use development project in Binghamton, Broome County, will see the former factory repurposed into 100 market-rate lofts and will feature 85,000 square feet of commercial space. The $22 million historic rehabilitation will serve as the anchor development for the First Ward District in the City of Binghamton, connecting the central business district, Westside and Southern Tier Health Sciences and Innovation Park in Johnson City. $2 million URI Award.

Arnot Ogden Medical Center — Arnot Ogden Medical Center (AOMC) will expand their Emergency Department (ED) to meet an increase in patient volumes if St. Joseph’s Hospital ED closes to consolidate services. AOMC, located in the City of Elmira in Chemung County, will transform the way patients utilize AOMC ED services and facilitate patient engagement with the goal of better care, better health outcomes and lower costs. $1.5 million URI Award.

Binghamton University Health Sciences and Technology Innovation Park — Binghamton University Foundation will renovate a historic, six-story building, part of the Southern Tier Health Sciences Innovation Park, to house BU’s Decker School of Nursing. The Health Sciences and Technology Innovation Park brings together Binghamton University (BU), SUNY Broome, Wilson Memorial and Lourdes hospitals to deliver a multi-pronged healthcare workforce education. The Park also includes a new School of Pharmacy and Pharmaceutical Sciences, a research center for private sector business development, and will support pharmaceutical and healthcare product development. $21 million URI Award.

Binghamton University NextFlex — Binghamton University will work with founding members within the Flex Tech Alliance to develop, manufacture and transfer advancements in the field of flexible electronics to the commercial market. The U.S. Department of Defense chose the Flex Tech Alliance, of which Binghamton University is a partner, as America’s first Innovation Institute for Flexible Hybrid Electronics Manufacturing. The partnership supports the Southern Tier as an industry leader in flexible electronics. $20 million URI Award.

Binghamton Urban Renewal Agency — The Binghamton Urban Renewal Agency will undertake the development of a vacant lot into a mixed-use parking, residential, and retail/commercial facility in Binghamton’s central business and historic district. The project addresses the city’s growing demand for downtown living as well as the immediate parking shortage. The project will be instrumental in reviving blighted property, attracting consumers, stimulating the economy, and catalyzing additional mixed-use development. $3 million URI Award.

Cameron Manufacturing & Design — Cameron Manufacturing & Design will purchase an additional facility to allow for the consolidation of two offsite locations (currently leased), provide additional room for expected growth over the next five years, and create production efficiencies by co-locating large project-build areas. $1 million URI Award.

City of Ithaca — The City of Ithaca will relocate a fire station and partner with a private developer to redevelop this site into a mixed-use commercial/residential structure. The fire station is located in a major commercial hub on extremely valuable real estate, and the current structure requires significant repairs to keep the building operational. The investment will restore this prime real estate to the property tax roll and decrease capital costs to the City of Ithaca of maintaining the building. $1 million URI Award.

Rochester Precision Optics — Optics manufacturer Rochester Precision Optics (RPO) will expand its headquarters in the Town of Henrietta, Monroe County. The company’s growth will accommodate two new projects: the relocation of an infrared research and development company from Florida, acquired by RPO in May 2018, and the addition of 20,000 square feet at the facility to increase production across the company’s plastics, glass, coating, diamond turning and IT divisions. $1 million URI Award.

Rochester Riverside Convention Center Renovation — This project facilitated upgrades to the Convention Center including interior renovations, equipment/systems replacements and ADA, signage and safety improvements. $1.5 million URI Award.

Seneca County Sewer 318 — Extension of public sewers along the NYS Route 318 Corridor, from Grand Hall Road in the Town of Junius to the intersection of NYS Route 414 in the Town of Tyre. $1.5 million URI Award.

Seneca Park Zoo Master Plan Improvements Phase 1a — The project included the construction and creation of new habitats and facilities at the zoo. $1.5 million URI Award.

Sibley Building Phase II — This phase of the Sibley Building redevelopment will include a mix of market-rate residential, Class A office, retail and parking uses. $3.5 million URI Award.

Unither Corp Production Expansion — The project includes the renovation of Unither U.S. Corp.’s manufacturing facility in the Town of Henrietta and purchase of equipment to accommodate new production and packaging lines. $1 million URI Award.

WNY Cheese Enterprise — Dairy Farmers of America are leading a partnership, which constructed a new 30,000-square-foot cheese production facility in Pavilion, NY. The facility is designed to manufacture 40-pound blocks of cheese that will be transported to outside locations. $1.3 million URI Award.


• Advanced Battery Assembly Plant at Eastman Business Park

• Additive Manufacturing Center at RIT

• Edison Career and Technology High School

• Keuka Business Park Building Acquisition

• Keuka College Center For Business Analytics and Health Information

• Modernization of MCC Applied Technologies Center

• New York Photonics Freeform Optics Profiler

• NOHMs Technologies Electrolyte Manufacturing Equipment Purchase

• Regional Veterans Service Center

• Rochester Chase Tower Access Improvements

• University Preparatory School Career and Technical Education Center

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Incodema3D — Incodema3D has identified that the aerospace industry has a high market potential for metal printed parts. Incodema3D plans to assist customers in taking printed metal products from prototype to full-scale production by supporting material characterization of metal powders, design and development assistance, testing parts across machines, foreign object debris removal and verification of parts requiring x-ray and CT scans. $400,000 URI Award.

Masserson Roxbury Hotel — Masserson Holdings will purchase a 7-acre property 2.2 miles down the road from The Roxbury Hotel’s current location. They will undertake the renovation of an 1850s mansion as well as the construction of a new tourist attraction and lodging facility. $3.2 million URI Award.

National Pipe & Plastics Inc. — National Pipe & Plastics (NPP) will move its company headquarters from Vestal, NY to Endicott, NY, adjacent to its new manufacturing and shipping facility. This will allow the company to operate more efficiently and have space for future growth. The current Endicott site is a 5-story industrial building and the NPP will demolish the existing building, perform environmental remediation, and construct a new office building, parking lots, and park/green space. $800,000 URI Award.

Regan Development Corporation — Regan Development Corporation will acquire, substantially rehabilitate and convert two long-vacant multi-story industrial buildings in Johnson City, NY into 104 residential rental units and a multi-level restaurant/café with unique common garden/green space. The former industrial shoe complex is located directly across the street from the Binghamton Pharmacy School, one block away from UHS Hospital, and less than two miles from Binghamton University. $1.4 million URI Award.

Schuyler County Business Park Ultra-Premium Wine Production & Distribution Facility — Schuyler County Partnership for Economic Development (SCOPED) is constructing a state-of-the-art, ultra-premium beverage production and distribution facility in the Town of Dix, just outside of Watkins Glen. The facility will allow area wine and craft brewery producers to expand their existing business by leasing space at the new center. $1 million URI Award.

TC IDA — The Tioga County IDA (IDA) will extend infrastructure along State Route 434 in Tioga County to create shovel-ready sites in order to promote economic development. There are prime sites along Route 434 that are ideal for manufacturing, tourism, and multi-purpose and multi-use developments, but lack proper infrastructure. The IDA proposes two focus areas: developing a water system for an IDA-owned 36-acre site, and infrastructure development for a privately-owned 50-acre site in the Town of Owego. $350,000 URI Award.

The Research Foundation for SUNY - Binghamton University — The SUNY Research Foundation will purchase and install a dry-room at the new Center of Excellence at Binghamton University. The dry-room will be available for academic and industrial/commercial researchers to build and test systems in energy storage technology, allowing for the rapid development of products in the energy and transportation markets. Without this essential capability, industry researchers would have to travel outside of the Southern Tier to have access to a dry room. $600,000 URI Award.

Tioga County Industrial Development Agency — A heavy media plant will be constructed in Tioga Industrial Park in Owego, NY. Upstate Shredding/Weitsman Recycling will reclaim shredded mixed metals from its existing scrap recycling and processing operations, which today cannot be processed and are typically discarded. By expanding the company’s existing operations, the resulting heavy media plant will allow for further refinement of scrap metal for international sale. $930,000 URI Award.

Town of Nichols — The Town of Nichols demolished and removed their outdated wastewater treatment plant and associated freshwater pumps and constructed a new facility, that can handle up to 233,000 gallons per day, and pumps to process 300 gallons per minute in order to accommodate the new Crown, Cork, and Seal $130 million manufacturing plant. $1.8 million URI Award.


• Block Bindings & Interlinings Ltd.

• Ithaca Beer Company Inc.

• Chicone Cabinetmakers

• Envision Elmira LLC

• Loco Development LLC

• Hopshire Brewery LLC

• Buckingham Manufacturing Company

Town of Urbana — The Town of Urbana will undertake the first phase of an initiative in the Hammondsport-Urbana Waterfront Master Plan that will transform and enhance the Keuka Lake waterfront by investing in tourism infrastructure at Champlin Beach. In order to attract a private tour boat operator, the Town will build a new pier, delineate parking spaces, pave surface parking, and provide lighting improvements. $410,000 URI Award.

TTA Transitair — TTA Transitair located in Hornell, NY will expand its facility and invest in company training to keep projects in-house, as opposed to outsourcing. Their investment will expand their existing facility to accommodate a wheel press shop; the purchase of a wheel press & tooling, axle lathe & tooling, wheel lathe & tooling, axle straightener, sandblast booth and crane; and associated training & engineering. The investment will retain and create new jobs. $300,000 URI Award.

Unison Industries LLC — Unison Industries, a subsidiary of General Electric, will expand their sensor product line in support of the aviation industry at their Norwich (Chenango County) facility through investments in manpower, capital plant and equipment of their manufacturing operation, as well as engineering R&D. $4.2 million URI Award.

Corning Health Education Complex — Corning Community College Development Foundation (and partners) propose to advance the redevelopment of a former Corning, NY hospital site and create a center for healthy living and health-based education in Corning’s urban core. The Foundation is seeking support for the workforce development complex, which will provide state-of-the-art nursing and healthcare occupation training. The complex will also include an 85-unit market rate residential development. $6 million URI Award.

Corning — Production has begun at the Corning Innovation Support Center in Irving, which houses operations and manufacturing for its new product line, Corning Valor Glass—the highest-quality pharmaceutical packaging product produced globally. $6 million URI Award.

Cornell University — Cornell University will create a partnership between the Cornell High Energy Synchrotron Source (CHESS) and Southern Tier companies, transforming the region into an international provider of advanced synchrotron technology. Upgrades to CHESS will include optimizing the accelerator that powers CHESS and upgrading the x-ray beamlines and experimental stations. CHESS will transfer technologies and provide development support to Southern Tier companies who will sell the products to global customers. $15 million URI Award.

Finger Lakes ReUse Inc. — Finger Lakes ReUse (ReUse) in Ithaca, NY currently operates in a single-story building on 2+ acres. ReUse will construct two additional buildings on the existing property, creating additional retail, program, office, and material processing space, and allowing ReUse to expand its operations and programming. $500,000 URI Award.

Imperium3 New York — A consortium of businesses, spearheaded by three Southern Tier companies, has established R&D and production operations of lithium ion batteries at the former IBM Huron Campus in Endicott, in Broome County, utilizing innovative technology introduced at the Center of Excellence at SUNY Binghamton. $4 million URI Award.

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LONG ISLAND — Hicksville

Transit-oriented development for this critical Long Island transportation hub is a focus of projects that will improve access to transit, improve walkability, create additional public spaces and add mixed-use residential units, retail and restaurants.

MID-HUDSON — Kingston

The historic Stockade District center is continuing its resurgence with transformational street redesign, a Frog Alley Park historic green space, a public plaza and pedestrian bridge within a new mixed-use development, and upgrades to a 2,000-seat venue for organized sports.

MOHAWK VALLEY — Rome

This city’s winning projects support art, industry and transit, with renovations to the historic Capitol Theatre and to the REACH Center Arts Incubator, construction of an advanced manufacturing facility on a former brownfield site, and a new Central New York Regional Transportation Authority (Centro) transfer station.

CAPITAL REGION — Hudson

This historic riverfront city continues its revitalization through new mixed-use projects that will increase housing, job and workforce training opportunities; establish a community food hub for small startups; and create new waterfront parks and public greenspaces.

CENTRAL NEW YORK — Cortland

This regional gateway draws businesses, tourists, shoppers and students. A host of projects will transform the city center, with public art installations, fitness and entertainment facilities, renovated commercial and residential spaces—and the new SUNY Cortland Institute of Applied Geospatial and Drone Technology.

FINGER LAKES — Batavia

This city’s central business district is preserving history while building for the future with projects that will transform an abandoned industrial brownfield into a thriving mixed-use hub, rehabilitate historic buildings for a range of uses and establish a new Regional Performing Arts Center.

DOWNTOWN REVITALIZATION INITIATIVETransforming New York State’s downtowns into destinations for jobs, tourism, culture and living

New York State’s Downtown Revitalization Initiative—the DRI—invests in downtowns that are ripe for revitalization and have the potential to become magnets for redevelopment, business, job creation, greater economic and housing diversity, and opportunity. ESD partners with the Department of State and Homes and Community Renewal on this initiative.

The DRI is a comprehensive approach to boosting local economies by transforming communities into vibrant

ROUND TWO WINNING PROJECTS WERE ANNOUNCED

neighborhoods where the next generation of New Yorkers will want to live, work and raise a family.

In the first two rounds of the DRI, which launched in 2016, $10 million went to each downtown selected by the Regional Economic Development Councils (REDCs) in each of the state’s 10 regions, with the most successful visions of remaking their urban centers. A third round launched in April 2018.

• Capital Region — Clinton Square, City of Albany

• Central New York — City of Auburn

• Finger Lakes — Village of Penn Yan

• Long Island — Central Islip, Town of Islip

• Mid-Hudson — Lincoln Avenue Corridor, New Rochelle

2018 HIGHLIGHTS

ROUND THREE DRI-WINNING COMMUNITIES WERE ANNOUNCED

Village of Saranac Lake

• Mohawk Valley — City of Amsterdam

• New York City — Downtown Brooklyn

• North Country — Village of Saranac Lake

• Southern Tier — Village of Owego

• Western New York — City of Lockport

54 55

NEW YORK CITY — The South Bronx

The Bronx Civic Center neighborhood, in the heart of the South Bronx, will connect residents to commerce and culture and attract further investment through projects including renovation of the Andrew Freedman Home Cultural Art Center and a new Pregones Theater space, a plaza with outdoor cafes, streetscape improvements and upgrades to a public swimming pool.

NORTH COUNTRY — Watertown

This Jefferson County hub will strengthen its cultural and commercial offerings with projects that include renovating historic buildings as a performing arts and events space, a co-working innovation center and as additional housing.

ROUND ONE WINNING PROJECTS BEGAN IMPLEMENTATION

• Capital Region — Glens Falls: SUNY Adirondack Culinary Arts Center and teaching kitchen is ready; and downtown fund awards have been made for renovating façades and supporting nonprofits including the film commission, Charles Wood Theater, children’s museum and Chapman museum.

• Central New York — Oswego: Streetscape improvements are poised to begin; renovations are underway at the children’s museum; and downtown fund applications have poured in.

• Finger Lakes — Geneva: The innovative Lake Tunnel Solar Village, a technologically advanced housing development that will use solar electric and heat pump technology, broke ground; Smith Opera House renovations are underway; marina expansion is under design; and the Twisted Rail Microbrewery tasting room is open.

• Long Island — Westbury: A building has been purchased to house the Westbury Arts Council; a scope of work is underway for upgrading the Senior/Community Center and recreation buildings; and the city is partnering with the Business Improvement District to incentivize retail space and façade improvements.

• Mid-Hudson — Middletown: Fifteen buildings received awards for signage and façade renovations; and businesses are competing for space in the Rail Trail Commons, a reimagined Woolworth building.

• Mohawk Valley — Oneonta: Awards have been made for study/purchase of the Oneonta Theater; applications are being accepted for signage and façade improvements and market rate housing; and development of branding and marketing strategies is underway.

• New York City — Jamaica: Greater Jamaica Development Corporation launched the restaurant grant/loan fund to encourage downtown dining; work has begun to improve high-speed broadband; and plans are being finalized with NYCDOT to transform Jamaica Center into an inviting downtown gateway.

• North Country — Plattsburgh: A needed parking study has been completed; and professional services have been procured for streetscape improvements and riverfront access, development of key downtown parcels, and creation of branding and marketing strategies.

• Southern Tier — Elmira: The building activation loan fund is almost fully committed; work is underway on a pedestrian bridge over the Chemung River; and professional services are being procured for improvements to downtown parking, Clemens Square and an elevated Riverfront Park boardwalk.

• Western New York — Jamestown: First floor renovations are done at the Reg Lenna Center for the Arts; the fund for downtown programming has launched; and a contract is in the works to improve the pedestrian experience around the excursion train and Riverwalk.

Downtown Oswego

DOWNTOWN REVITALIZATION INITIATIVE continued

SOUTHERN TIER — Watkins Glen

Known for its scenic state park and renowned racetrack, the village continues its transformation as a world-class destination and cultural center. DRI projects include a revitalized downtown park, improved connections for pedestrians and cyclists, a new Seneca Lake cruise terminal and mixed-income housing.

WESTERN NEW YORK — Olean

Olean is building on its historic core and educational and business assets to create a vibrant district supporting growth and entrepreneurship. Projects include transforming landmark buildings for restaurant, hotel, commercial and residential uses, improved walkability and a permanent home for the African American Center for Cultural Development.

ROUND TWO WINNING PROJECTS WERE ANNOUNCED continued

For more information go to: https://www.ny.gov/dri

56 57

OUR PROGRAMS AND DIVISIONS

58 59

BROADBANDBringing Broadband to all New Yorkers

In today’s economy, broadband is no longer a luxury, it is a necessity. Broadband, or high-speed internet access, represents a critical foundation for economic growth, job creation and a better way of life. Just three years ago, 30 percent of all New Yorkers, in approximately 2.42 million locations, lacked access to broadband. This gap was most acute in the eight Upstate regions, where 65 percent of New Yorkers lacked access.

In 2015, New York State created the nation’s largest and most ambitious state investment in broadband— announcing a commitment of $500 million in capital for the New NY Broadband Program. New York State has since secured upgrades for virtually all locations without broadband, achieving the Program’s goal of statewide access.

Since its launch, the Program has awarded three rounds of state grant funding, driving $728.4 million in public/private broadband investment throughout New York State. Nearly 90 percent of all Program funding was awarded to projects that address unserved* areas of the state, and the remainder was awarded to upgrade underserved** areas.

After implementation of Program awards and additional State-secured commitments, 99.9 percent of New Yorkers will have access to high-speed broadband— with almost 99 percent at speeds of 100 Megabits per second (Mbps) or greater and the remainder at speeds of 25 Mbps.

In Whitesville, in Allegany County, Armstrong

Telecommunications connected lumber

manufacturer Whitesville Wood Products

with fiber-to-the-home. The company sends

80 percent of its inventory to Asia. "This

is absolutely huge. Because of the time

difference, phone calls are almost impossible.

The internet makes it simple."

— William Meunier, Whitesville Wood Products

KEY ELEMENTS OF THE PROGRAM:• Statewide access to broadband at download speeds

of 100 Mbps or greater, and 25 Mbps in the most rural and remote areas of the state

• Public/private sector partnerships with a required co-investment

• Funding allocated through a reverse auction methodology based on lowest state investment per-location-served

• Priority to projects addressing unserved areas

• Grant recipients must offer download speeds of 25 Mbps or greater for no more than $60 per month

2018 HIGHLIGHTSIn January 2018, the Governor announced $224.7 million in New NY Broadband Program Round III awards, driving $384.5 million in public/private broadband investment across the state, which will address 131,134 homes and other locations that lacked high-speed broadband access. The awards addressed unserved areas in all eight Upstate REDC regions and Long Island.

In 2017, the Governor announced a partnership with the FCC to provide up to $170 million in federal funding to expand broadband access in unserved areas of New York State through the Connect America Fund (CAF). Round III of the Program has allocated an estimated $66.7 million of this federal funding to 11 partner companies to expand broadband access to 47,580 locations statewide.

Round I & II partner companies are connecting unserved locations to high-speed broadband across the state. This will impact communities such as Lexington, in Delaware County, where MTC Cable is installing fiber-to-the-home throughout the town. Espresso Pictures, a small film production company, was forced to relocate to Kingston from Lexington in order to access the necessary broadband speeds for video editing. Now, with fiber on its way to the western Catskills, the company is moving back to Lexington.

For more information go to: https://nysbroadband.ny.gov/

PROGRAM AWARDS BREAKDOWN BY THE NUMBERSAnnounced January 2018

$384MCombined Public-Private

Investment

$224MState Funding

$160MPrivate & Federal Matching Funding

17Companies

47Projects

131,134Locations

$728MCombined Public-Private

Investment

$491MState Funding

$237MPrivate & Federal Matching Funding

Round III

Program Total

(Rounds I - III) 34Companies

126Projects

256,819Locations

*Denotes an area where fastest available download speeds are less than 25 Mbps.

**Denotes an area where fastest available download speeds are between 25-99 Mbps.

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GLOBAL NEW YORKTrade missions and export support are leading to international partnerships

Global NY connects New York State businesses to the world and works closely with foreign businesses looking to invest in New York, growing jobs and opportunity through exports and foreign direct investment (FDI).

With representatives around the world and programs offering export funding and assistance, Global NY helps New York businesses enter or expand their presence in the global marketplace. Global NY programs connect New York businesses with sales agents and distributors abroad and offset the costs of exporting with grants and loans.

Global NY is committed to helping businesses sell their products and services in growing markets including Mexico, Europe, Canada, Israel, China and South Africa. Through economic development trade missions, Global NY creates and reinforces first-hand connections and partnerships for New York businesses.

2018 HIGHLIGHTSGlobal NY FundThe Global NY Fund offers loans and grants, helping New York State companies enter new foreign markets or expand their existing exports.

• In 2018, a total of 30 applications were submitted, with 21 approved and $470,252 awarded.

Foreign Direct Investment (FDI)Global NY, in collaboration with the Strategic Business Division (SBD), showcased New York’s FDI opportunities to audiences at Select USA events in Italy, China, Canada, Boston and Washington D.C. It also participated in the 2018 Nordic Road Show to Finland, Sweden, Norway and Denmark and hosted a CEO roundtable in Israel that included 95 companies.

In 2018, over $15 million in project financing was awarded to 11 foreign companies that committed to investing over $177 million in their New York State operations and creating more than 770 new jobs while retaining 567 jobs. The industries covered by these investments included food/beverages, manufacturing, bio-pharma, clean tech and financial analytics. The companies originated from Canada, Australia, UK, Japan, Romania, Germany and South Korea.

Liberty Pumps Inc.• Liberty Pumps, located in Bergen, NY, manufactures

pumping products for groundwater and wastewater removal in residential and commercial applications. In 2018, the company used the STEP program to attend a trade mission to South Africa and to access market information on South Africa and Israel through Global NY’s EMAS program.

“Liberty Pumps Inc. has seen great success and

growth in its international business through its

utilization of Global NY programs and services.

Expansion of Liberty in the EU market was greatly

enhanced by attendance at the largest water

and wastewater event in Europe via a Global NY

program award. In addition, participation in a

Council of Great Lakes Governors (CGLG) Trade

Mission to South Africa, Kenya and Tanzania,

supported by a STEP and EMAS award, allowed

Liberty to enter several high growth developing

markets in Africa. In summary, Liberty was able to

accomplish in several months’ time what would

have taken years without the strong support

of Global NY aiding our international business

strategies.”

— John DeLuca, Liberty Pumps

GLOBAL NY SUCCESS STORIESTelebyte• Telebyte, a Long Island-based company, designs,

manufactures, and sells test equipment for the telecommunications industry. In 2018, the company used the STEP program to participate in the China International Optoelectronic Expo with Global NY and also used the EMAS program for a report on the Chinese market.

“We found the assistance provided by ESD

and Global NY very helpful in our efforts

to sell to the Chinese marketplace. As a small

USA business, their assistance with flights,

arrangements, language translations, currency,

logistics, tradeshow forum, and more made

the difference between making the trip and

staying home. We already have customers

who made a commitment to placing orders

and we anticipate sales over next year to be

in excess of $200,000.”

— Michael Breneisen, Telebyte

Richard Zurba, Global NY Director, South Africa, presenting to an audience in Albany on the 2018 Global NY Export Experts Tour.

State Trade Expansion Program (STEP) Global NY Grant Program • In September 2018, the State of New York was

awarded $700,000 by the U.S. Small Business Administration (SBA) for the STEP program, which assists small businesses with starting to export or expanding their exports.

• In 2018, 89 New York State businesses received grants.

• In 2018, Global NY led 37 companies on trade missions to Mexico, Germany, Canada and China.

• In 2018, STEP-funded activities led to more than $1.1 million in direct sales for New York State small businesses and $11 million in projected export sales over the next year.

Export Marketing Assistance Service (EMAS)This no-cost service helps qualified New York State small and medium-sized businesses explore selected international markets to find sales agents, distributors or local market intelligence.

• In 2018, a total of 120 applications were submitted with 116 approved.

GLOBAL NY EVENTS AND AWARDS2018 Global NY Export Experts Tour• In October, Global NY brought foreign office

representatives from Canada, Mexico, Europe, South Africa, Israel and China on an export promotion tour to eight regions across New York State. The week-long event resulted in approximately 250 one-on-one consultations between the foreign reps and NYS small businesses.

World Trade Week NYC Global Trade Award• In May, Global NY was recognized at the World Trade

Week NYC International Trade Awards for having significantly contributed to the growth of trade and investment in the New York region.

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• Southern Tier: A region with virtually no previous filming activity, the Southern Tier played host to several notable productions in 2018, including: Amazon’s The Marvelous Mrs. Maisel, NBCUniversal’s The Sinner and two feature films—Shirley, starring Elisabeth Moss, and The Dead Don’t Die, from director Jim Jarmusch. These four productions represent $98 million in NY spend and 3,900 hires.

• Western New York: Production continues to be strong in Western New York, with five feature films representing $10.7 million in NY spend and 880 hires. In August, Bill Pullman came to Niagara Falls to shoot scenes for NBCUniversal’s The Sinner.

Soundstage Growth and Development:• Through November, there are more than 100

designated Qualified Production Facilities (QPF) statewide containing more than 300 soundstages, compared to 11 QPFs with 61 stages in 2005.

• Ten new facilities were designated as QPFs in 2018; Eight of those are outside NYC including Western NY, Mid-Hudson, Long Island and the Capital Region.

• Steiner Studios in the Brooklyn Navy Yard opened six new stages in July; they’ve been fully occupied ever since.

• Maspeth-based York Studios is slated to complete construction on five new stages in the Bronx in first quarter of 2019.

GOVERNOR’S OFFICE OF MOTION PICTURE AND TELEVISION DEVELOPMENTTax credits to drive film and television production

New York’s Film Tax Credit Program is responsible for record-breaking economic impact, attracting film and television production and post-production that supports local small businesses and communities while creating hundreds of thousands of well-paying jobs across New York State each year.

The New York State Governor’s Office of Motion Picture and Television Development (MPTV) offers film, television, commercial, production and post- production tax credits for qualified expenditures in New York State. Since Governor Cuomo took office, the tax credit program has received 1,972 applications (production and post-production combined) representing $23.3 billion in NY spend and 1.3 million hires.

The production incentive, allocated at $420 million per year, fosters continued growth in multi-year television feature film productions and investments in industry production infrastructure.

2018 HIGHLIGHTS• Through November, the New York State Film Tax

Credit production program received 203 applications representing $3.9 billion in NY spend and 222,500 hires.

• 70 TV series applied to the program, projecting $3.2 billion in NY spend and 173,000 hires.

• The New York State Film Tax Credit post-production program received 80 applications representing $90.5 million in NY spend and 700 direct hires.

• After closing on an ESD-issued RFP to purchase the former Arthur Kill Correctional Facility on Staten Island, Broadway Stages in 2018 opened their first Qualified Production Facility (QPF) soundstage, restored a 100,000-gallon pool for water-tank shots, and hosted 16 productions at the facility, including shows from ABC, NBC, CBS, Netflix and Showtime.

• In October, the Motion Picture Association of America and the New York Latino Film Festival partnered with ESD to present the second New York State Multicultural Creativity Summit at HBO’s Manhattan headquarters.

• Also in October, ESD announced the creation of the new Film Production Training Program, a 14-week program run by IATSE Local 52 and Bronx Community College that will train up to 100 students in union trade crafts such as property, carpentry and electric.

Statewide Impact • Of the 203 applications submitted to the Production

program through November, 92 (45%) applied to shoot outside New York City. Of these, 29 were eligible for an additional 10% credit on qualified Upstate labor expenses, scheduling more than 10 shoot days, totaling 550 days, in Upstate counties.

Regional Highlights:• Central New York: In 2017, Producer/Director Jeremy

Garelick bought an empty former high school outside Syracuse and converted it into a film studio, American High Productions. In just over a year since, five feature films have been produced there using mostly local crew, including Big Time Adolescence which will screen in competition at this year’s Sundance Film Festival. Six feature films shot in Central New York in 2018 representing $12 million NY spend and 1,800 hires.

• Long Island: Thirty projects filmed on Long Island in 2018, generating $835 million in NY spend and 47,710 hires. This includes Dickinson, starring Hailee Steinfeld and Jane Krakowski, the first series produced by Apple in NYS. Feature film The Artist’s Wife, starring Bruce Dern and Lena Olin, as well as major television series such as Showtime’s Ray Donovan and Billions, Netflix’s Orange is the New Black, and HBO’s Crashing, also filmed on Long Island.

• Mid-Hudson: The Mid-Hudson region has seen a surge of interest with the opening or expansion of stages and training facilities including Lumberyard in Catskill, Stockade Works in Kingston, and Basilica in Hudson. In 2018, 52 film and television projects represented $953 million in NY spend and 56,500 hires.

• Broadway Stages opened their first new stage at the former Arthur Kill Correctional Facility and plans to start construction on five more, creating more than 1,300 full-time jobs and 300 construction jobs.

Ongoing Initiatives: • Fifteen Film Roadshows and seminars were held

in 2018 with filmmakers, crew, vendors, support services, regional film commissioners and other stakeholders across the state.

• In partnership with NBCUniversal and the National Hispanic Foundation for the Arts, MPTV hosted the third Pitch NY event connecting 50 NY students or recent graduates from 26 schools with over 25 industry professionals for panel discussions and one-on-one pitch mentoring.

• New York State’s Film Good / Do Good program, the first and only state government-organized community giveback program tailored specifically to the film and television industry, expanded by partnering with New York Cares to coordinate participating volunteers. Through November, 200 volunteers have participated in over 20 events helping hundreds of New Yorkers.

For more information go to: https://esd.ny.gov/industries/tv-and-film

Filming of CBS Television Network's Madam Secretary in Kingsland Point State Park, in Sleepy Hollow. Pictured (L-R) Steven Hauck as Jonas Grenier and Téa Leoni as Elizabeth McCord. Filming of NBCUniversal's Blindspot in Upper Nyack.

64 65

Infrastructure investments connect New York State to the global market, people to jobs, and businesses and communities to one another. Modernizing and improving infrastructure is critical to enhancing the state’s competitiveness as it seeks to attract companies, talent and residents from across the nation and world. ESD’s Real Estate Development and Planning Department oversees the planning and implementation of real estate-driven economic development projects and initiatives throughout the state, including some infrastructure projects.

With the Governor’s $100+ billion plan to build the new New York, ESD is advancing major projects at airports, rail and transportation hubs. The state’s infrastructure vision extends to New York City’s Pennsylvania Station with the transformation of the historic James A. Farley Post Office into the 255,000-square-foot Moynihan Train Hall, a 21st-century world-class transportation hub. The Farley Building redevelopment will create a new Train Hall for Amtrak and Long Island Rail Road passengers and 700,000 square feet of new commercial, retail and dining space. The Train Hall will provide a direct connection to the Eighth Avenue subway lines and convenient access to Hudson Yards and Manhattan’s Far West Side.

Progress continues on the $1.5 billion expansion of the Jacob K. Javits Convention Center, which is expected to generate $393 million in new annual economic activity, reduce traffic congestion, and increase operations efficiency to allow for new and expanded events. The project is expected to create 3,100 construction jobs and an additional 4,000 full-time and 2,000 part-time jobs upon completion in 2021.

INFRASTRUCTURE AND REAL ESTATE DEVELOPMENTAdvancing major infrastructure projects across New York State

ESD continues work on other transformative plans, including the redevelopment of surplus parking lots at Long Island’s Belmont Park into the new home of the New York Islanders, along with a hotel and retail village, and community and open space.

2018 HIGHLIGHTSMoynihan Train Hall: • More than 50,000 people use the new West

End Concourse daily.

• 90% of passengers surveyed said the new concourse made their commute more convenient.

• 89% of passengers surveyed rated the new concourse as “excellent.”

• Completed construction of the mid-block skylight and began installation of the main train hall skylight—all on schedule and on budget.

Jacob K. Javits Convention Center Expansion: • 90% of the total 187 caissons required to support the

expansion are completed.

• First sections of steel were installed on Sept. 5, 2018.

• A 3-story transformer building that will power Javits and the expansion and supply emergency generator back-up power for the first time, is topped-out and fully clad. Connections to the existing Javits facility are underway.

Republic Airport: • Stratosphere Development Co. LLC, an affiliate of

Talon Air Inc., an existing tenant at the airport, will invest at least $27 million in new facilities at Republic Airport.

• Stratosphere will build hangars for its own fleet of planes and provide new modern facilities for smaller planes. The project is expected to create 226 construction jobs and 73 permanent jobs.

Belmont Park: • In December 2017, after a selective competitive

process, Governor Cuomo announced New York Arena Partners, a joint venture among Sterling Equities, the Scott Malkin Group, Madison Square Garden and the Oak View Group, would lead a

transformational $1 billion redevelopment of Belmont Park into a world class, mixed-use destination for sports, entertainment, retail and hospitality.

• The winning project features an 18,000-seat arena for the New York Islanders, a 435,000-square-foot retail and entertainment complex, a new hotel, and other community amenities. The state-of-the-art project is expected to create 12,300 construction jobs and 3,100 permanent jobs.

Stewart International Airport: • Passenger traffic at the newly rebranded Stewart

International Airport, in the Hudson Valley’s Orange County, has seen an increase of 108.5% in the past year.

• That increase is largely attributable to Norwegian Air’s direct flights to Europe and expanded Allegiant Airways service.

• The Port Authority of New York and New Jersey, which operates the airport, will be investing $30 million to build a 20,000-square-foot U.S. Customs inspection station, which will allow Stewart to keep up with growth in projected passenger volume.

Brooklyn Developmental Center/The Fountains:• The Fountains is a mixed-use affordable housing

development being constructed by the Arker Companies on a vacant portion of the former state-run Brooklyn Developmental Center in the East New York neighborhood of Brooklyn.

• When completed, the 6.7-acre project will bring approximately 1,200 new affordable housing units to East New York, including new units for seniors and people with intellectual or developmental disabilities, and on-site social and supportive services that will help these residents live independently.

• The project will create 2,200 construction jobs and 375 permanent jobs.

Brooklyn Developmental Center/Vital Brooklyn-Jamaica Bay Landing:• In April 2018, ESD collaborated with New York

State Homes and Community Renewal to issue a Request for Proposals (RFP) for the purchase and redevelopment of the remainder of the former Brooklyn Developmental Center Campus in East New York, Brooklyn.

• The RFP was issued as part of Governor Cuomo’s Vital Brooklyn initiative, a comprehensive community development initiative that addresses chronic social, economic, and health disparities in Central Brooklyn, one of the most underserved areas in the state.

• In November 2018, Governor Cuomo announced the selection of a partnership of Apex Building Company, L+M Development Partners, RiseBoro Community Partnership, and Services for the Underserved (SUS) to develop the 28.5-acre site as a vibrant mixed-use community with more than 2,400 units of affordable housing—with 45 percent of those available to households earning up to 50% of Area Median Income, approximately 200 units for formerly homeless individuals and families, 185 units for intellectually and developmentally disabled individuals, and more than 150 units for seniors.

• The development will include workforce development and outreach to place local residents in construction jobs at Jamaica Bay Landing, and community partners will provide job training and entrepreneurship programs.

• The project is inspired by “blue zones,” which are regions of the world where people live the longest. Amenities like 11.3 acres of public open space, a civic plaza, community gardens, residential courtyards, and a maritime grove fitness loop will encourage healthy community living.

Kingsbridge:• The Kingsbridge National Ice Center is an adaptive

reuse project of the former Kingsbridge Armory in the Bronx.

• The proposed LEED Silver Project will include up to nine ice rinks and related program space, including a wellness/off-ice training center, curling rinks, and lockers/equipment storage. The proposed ice rinks are intended for use by neighborhood students, residents, high school and college leagues, open skating times, instructional training, adult professional (minor league) and non-professional hockey teams, figure skating, speed skating and other ice events.

• In 2017, Empire State Development approved a $138 million loan to complete the first phase of the project.

For more information go to: https://esd.ny.gov/why-new-york-state/moving-new-york-forward

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Life science is a key driver for economic growth, generating $316 billion in annual economic output in the United States, or two percent of GDP. This sector, especially the pharmaceutical and biotechnology sub-sectors, is an engine for highly skilled jobs and high wages, generating a high economic multiplier and attracting investment capital. With its large concentration of world-class research institutions and award-winning life science research talent, New York stands to benefit greatly from investment in this sector.

In December 2016, Governor Andrew M. Cuomo announced an ambitious plan for a groundbreaking new initiative that would spur the growth of a world-class life science research cluster in New York and expand the State’s ability to commercialize this research to grow its life science economy. As a result, the April 2017 State budget allocated $520 million for tax credits, grants, and investment capital for a New York State Life Science Initiative. The vision for the Life Science Initiative is simple: to make New York the leading frontier of commercial life science innovation.

New York’s assets, including award-winning researchers, billions of dollars in research grants and one of the foremost public health systems in the country, position it to become a leader in the life science industry. These assets and others will play a key role in enabling path-breaking commercial life science innovations in the years to come.

LIFE SCIENCE

A key focus of the Life Science Initiative is to attract, grow and retain life science companies in regions of the State with clusters of existing life science activity to encourage synergies. By seeding New York’s already-budding industry clusters, the Initiative will lay a foundation for a thriving, life science ecosystem statewide. In this way, New York regions will be supported to build life science capacity locally, collaborate regionally, and connect globally.

SUMMARY OF PROGRAMSThe $520 million allocated for the Life Science Initiative includes:

• $320 million for programs, grants and investment capital for strategic initiatives to grow New York State’s life science economy;

• $100 million in refundable tax credits for a new Life Science Research & Development Tax Credit Program, reserved for new life science companies; and

• $100 million of Excelsior Jobs Program tax credits for companies or institutions creating or retaining jobs.

Since its April 2017 legislative authorization, the Life Science Initiative has active commitments totaling $125.5 million in State funding for six distinct projects, which together are expected to leverage $791.5 million in co-investment over seven years. Brief summaries of these projects are provided below:

Empire Discovery Institute (EDI) – Turning Basic Life Science into Commercial Opportunity

• Empire Discovery Institute (EDI) was created to fast track translation of the life science research conducted by its three founding partner institutions (University of Rochester, University at Buffalo, and Roswell Park Comprehensive Cancer Center) into a robust pipeline of commercially viable therapeutics and diagnostics.

• ESD’s investment of $35 million to support EDI operations for five years is enabling EDI to tap into more than $1 billion worth of NIH-funded research conducted by the three partner institutions over the past five years. EDI will create a more efficient path to commercialization by harnessing the expertise of the pharmaceutical industry and academia to identify and invest in discovery research most likely to be commercially viable. This will ultimately create patents, new companies, revenue and jobs in Western New York and the Finger Lakes.

Wadsworth Center Public Health Laboratory, Albany

JLABS@NYC – An Incubator for Innovation

• To foster idea generation and breakthrough life science innovations, ESD provided $17 million in capital funding to launch JLABS@NYC–a collaboration between Johnson & Johnson Innovation and the New York Genome Center to build a 30,000-square-foot incubator. JLABS@NYC will provide up to 30 life science startups with lab space, equipment and technology needed to move their research closer to commercialization.

Wadsworth Center Public Health Laboratory – Public-Private Partnerships

• New York State has committed $750 million in funding to rebuild the New York State Department of Health Wadsworth Center, which has unique capabilities and expertise that can attract and support innovative commercial partnerships and private investment. The new Wadsworth Center will serve as a commercial magnet for New York State.

• To date, ESD has secured two private sector biopharmaceutical companies to partner with Wadsworth that are bringing commercial life science activity to the Capital Region. Each of these partners will generate labor mobility in the region and facilitate cluster growth.

― ILÚM Health Solutions, a subsidiary of Merck, is relocating to the Capital Region from New Jersey to work with Wadsworth on development of a surveillance network for antibiotic-resistant infections that can be applied in hospitals across the State. It is anticipated this partnership will create 115 new jobs over five years. ESD is committing $22.4 million to the project, and ILÚM is committing $37.5 million in matching funds.

― The lab also is collaborating with Regeneron Pharmaceuticals to research new diagnostics, prophylactics and treatments for Lyme disease. ESD has committed $24 million to the project, and Regeneron is committing $24 million in matching funds.

Regeneron Pharmaceuticals – Rensselaer Manufacturing Expansion

• In September 2018, as a further sign of the life science industry’s growth, the Governor announced that Regeneron would also undertake a major expansion in the State, investing approximately $800 million over seven years to upgrade its

corporate and manufacturing facilities and grow its existing in-state employment of 5,400 by creating an additional 1,500 new full-time jobs at its Rensselaer County campus. To encourage Regeneron’s expansion in New York State, ESD offered the company up to $140 million in performance-based incentives, a portion of which is supported through Life Science Initiative funding.

New York Fund for Innovation in Research and Scientific Talent (NYFIRST Medical School Grant Program)

• By encouraging recruitment of talented translational researchers from outside New York State, the NYFIRST Medical School Grant Program will grow the base of translational life science researchers at the State’s academic medical research institutions and increase the ability to commercialize research, as well as attract additional researchers. NYFIRST offers competitive grants of up to $1 million to the State’s medical schools to support the establishment or upgrading of laboratories for the researchers recruited. Medical schools are required to provide a match of 2:1 for each grant.

Life Science R&D Tax Credit Program

• New life science businesses locating, inventing, commercializing and producing in New York State may be eligible to receive a fully refundable credit based on qualified R&D expenditures–15% for a company that employs 10 persons or more and 20% for a company that employs fewer than 10 persons.

• Overall program is capped at $10 million per year.

Excelsior Jobs Program Tax Credits for Life Science

• Life science companies located in or planning to locate in NYS that will create at least five (5) net new jobs may receive a credit of 6.85% of wages per net new job under the Excelsior Jobs Program.

• This Excelsior Jobs Program is also available to life science firms that retain at least 25 jobs, make significant new capital investments in a New York facility, and meet a benefit-cost threshold of at least $10 of investment and new wages for every $1 of tax credit.

For more information go to: https://esd.ny.gov/industries/ biotech-and-life-sciences

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New York State’s diverse and talented workforce is a key to business growth and success. New York State’s Minority and Women-Owned Business Enterprises (MWBE) Program creates opportunity and builds capacity for New York State MWBEs and promotes equity in state contracting.

ESD’s Division of Minority and Women’s Business Development (DMWBD) works to promote equality of economic opportunities for minority and women-owned business enterprises (MWBEs) and to eliminate barriers to participation in state contracts—with information and resources that increase access to information and opportunities for MWBEs. Those goals are supported by Governor Cuomo’s nation-leading MWBE utilization goal of 30 percent.

The Division encourages and helps state agencies award a fair share of contracts to MWBEs, reviews applications from businesses seeking MWBE certification, maintains a directory of certified MWBEs and promotes MWBE business development through education and outreach to New York State agencies and MWBEs.

MINORITY AND WOMEN’S BUSINESS DEVELOPMENTReaching new heights in New York State

Lisa Hairston Price, Founder of Carol’s Daughter at the 8th Annual NYS MWBE Forum in Albany. The Carey Gabay Excellence and Innovation 2018 Awards in Albany.

8,400+NEW YORK STATE DIRECTORY

OF CERTIFIED MWBE FIRMS

1,108FIRMS

CERTIFIED

672FIRMS

RE-CERTIFIED

FISCAL YEAR 2018 CERTIFICATION STATS

More Than

2,000REGISTRANTS

191EXHIBITORS

43WORKSHOPS

174SPEAKERS

782MWBE ONE-ON-ONE

MEETINGS

NEW YORK STATE EIGHTH ANNUAL MWBE FORUM, OCTOBER 3–4, BY THE NUMBERS

54,279CALLS

15,798EMAILS

27WEBINARS HELD FOR

CERTIFIED MWBES

2,032ATTENDEES

HELP DESK STATS WEBINARS

2018 HIGHLIGHTS• 28.62 percent MWBE utilization rate was attained

on state contracts.

• More than $2.5 billion in state contracts were awarded to New York State-certified MWBEs — more than $12.9 billion since 2011.

• Since 2011, more than 7,000 MWBEs have been certified and more than 5,000 have been recertified.

The New York State Regional MWBE Opportunities Expo Series:• In 2018, the Division held a record-high 12 sessions

in its Expo series throughout New York State, serving more than 1,200 participants.

New York State MWBE Boot Camps, One-Day Information Workshops And Certification Sessions:• Nine Boot Camps in five New York State Regions:

283 attendees.

For more information go to:https://esd.ny.gov/doing-business-ny/mwbe

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NY CREATESNew York Center for Research, Economic Advancement, Technology, Engineering and Science

This past year marked an important milestone with the May announcement of NY CREATES (New York Center for Research, Economic Advancement, Technology, Engineering and Science) by ESD and the State University of New York (SUNY). The non-profit will streamline management of many existing state high-tech projects and open the door to a wider array of academic and industrial partners for new projects.

NY CREATES will be led by Dr. Douglas A. Grose, a graduate of RPI, veteran semiconductor industry executive and former CEO of GLOBALFOUNDRIES, with a board that will include the President and CEO of ESD and the SUNY Chancellor, or their designees, as non-voting members. A Technology Advisory Board is also being convened with representatives from industry and academia.

NY CREATES will assume control of the operations of Fuller Road Management Corporation (FRMC) and Fort Schuyler Management Corporation (FSMC), two existing non-profits currently affiliated with the SUNY Polytechnic Institute (SUNY Poly). NY CREATES will collaborate with SUNY, as the lead academic institution, and with ESD, as the State of New York’s chief economic development agency, to advance additional innovative and manufacturing projects.

NY CREATES will ensure that state-supported high-tech projects continue to operate with transparency, integrity and accountability, and will expand on prior state economic development efforts that have successfully generated thousands of high-tech jobs in the Capital Region and across Upstate New York.

2018 HIGHLIGHTS• Applied Materials, a global leader in materials

engineering, reached an agreement with New York State to establish a Materials Engineering Technology Accelerator (META Center) at the SUNY Poly campus in Albany. For the partnership, New York State will invest $250 million to purchase and install tools to be owned by the Research Foundation for SUNY at the campus, where Applied Materials will then invest more than $600 million over seven years. Applied Materials will also provide up to $25 million, to be equally matched by SUNY, for joint research and development activities across the SUNY system, and Applied Ventures, a subsidiary, will provide $20 million in venture capital co-investment, to be matched by $10 million from ESD, in early-stage companies in Upstate New York.

• Production and hiring accelerated at the Buffalo High-Tech Manufacturing Innovation Hub at Riverbend. As of November, more than 800 employees of Tesla and Panasonic were working in the 1.2 million-square-foot GigaFactory—the largest solar panel production facility in the Western Hemisphere—with over 660 additional employees expected to be hired in Buffalo over the next two years.

• Led by IBM, the Buffalo IT Innovation and Commercialization Hub continued to employ over 200 employees in its modern downtown office space, which includes technology jobs dedicated to software development, data analysis, and various forms of technical support. Altogether, the $55 million State investment is expected to create 500 technology jobs by November 2021.

• In Dunkirk, Athenex broke ground on its $200 million oncology-focused manufacturing facility. In total, the life sciences industry project is expected to create 450 jobs and attract $1.5 billion in investment over the next 10 years.

• This September, the American Institute for Manufacturing Integrated Photonics (AIM Photonics), a Manufacturing USA Innovation Institute, occupied its new Test, Assembly and Packaging (TAP) facility at Eastman Business Park in Rochester, which will be the primary hub for this $600 million public-private partnership to further develop the photonics integrated circuit industry.

• Construction was completed this fall at the Dewitt-based semiconductor fabrication plant where NexGen Power Systems will produce leading-edge Gallium nitride (GaN) power chips, create 290 jobs and invest an additional $48.5 million into machinery and equipment over a seven-year period.

“The META Center creates a world-class innovation platform to... accelerate innovation from materials to systems.”

— Gary Dickerson, President and CEO of Applied Materials

• At the Computer Chip Commercialization Center on SUNY Poly’s Utica campus, Danfoss, a Denmark-based manufacturer of integrated power modules, finished its first phase of tool installation and building renovations under a $100 million State investment. Danfoss has hired its first two dozen employees at the site and is expected to employ 300 high-tech jobs at the facility by 2022.

• In Plattsburgh, progress continued on the world’s first industrial-scale additive manufacturing (3-D printing) facility. Norsk Titanium will operate a new 82,000-square-foot facility in tandem with an existing 67,000-square-foot facility, allowing the company to develop and mass-produce 3-D printed titanium structural aircraft components for Boeing, Spirit Aerosystems and other customers. The $125 million project is expected to create a total of 383 direct and indirect high-tech jobs and generate $875 million in private spending over 10 years, with approximately 60 employees already on-site.

Cleanroom at SUNY Polytechnic Institute in Albany

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Empire State Development’s Division of Science, Technology and Innovation (NYSTAR) advances technology and commercialization in New York State. NYSTAR helps companies leverage their strengths through 70+ funded centers, programs and vital tools that guide companies from startup to maturity and offer legal research and information to entrepreneurs, assistance in attracting more federal R&D funding to support technology development, and much more.

• At universities throughout the state, our Centers of Excellence (COEs) and Centers for Advanced Technology (CATs) encourage industry-university collaboration in developing and applying new technologies from nanoelectronics and materials to automation and biotechnology.

• NYSTAR’s Innovation Hot Spots and Certified Business Incubators support startups and early- stage companies through entrepreneurial networks and ecosystems, providing access to capital and mentoring.

NYSTARSpurring innovation and new technology development across the state

The Interactive Design & Visualization Lab at the Syracuse Center of Excellence in Environmental and Energy Systems (SyracuseCOE).

2018 HIGHLIGHTSNYSTAR continued to support innovation at all stages of development with the addition of new funding and centers:

• Won NIST MEP Rolling Competitive Award Program for almost $800,000 to launch the Capital Region Innovation Resource Center, which hosts a multifaceted commercialization program that will bring a highly coordinated and tailored approach to assist entrepreneurs, innovators and young companies.

• Launched a Small Business Innovation Research (SBIR) program to assist companies in winning SBIR/Small Business Technology Transfer (STTR) awards by determining potential markets for technologies, identifying federal agencies, and holding workshops to support writing grant proposals.

• Awarded the new Cornell Center of Excellence in Food and Agriculture Innovation. It will be known as the global hub for food and agriculture innovation with a mission to connect food and agriculture researchers, growers, food producers, entrepreneurs, and retailers in the value chain in New York State.These connections will produce a robust food ecosystem that will fuel economic growth throughout New York State, the U.S., and the world, by providing businesses with resources for incubation and growth, business guidance from industry leaders and food safety experts, and dedicated facilities for food producers.

• Awarded a 10-year CAT designation to Alfred University for the Center of Advanced Ceramic Technology and Clarkson University for the Advanced Materials Processing Center.

• Held the NYSTAR Annual Meeting in Syracuse, hosted by Syracuse University and FuzeHub, designated as NYSTAR’s statewide MEP Center, which connects small and mid-sized businesses to resources for growth. In addition to the Annual Meeting, NYSTAR hosted the first Emerging Technology Showcase featuring several of the Manufacturing USA institutes and coordinated with the Department of Defense, Department of Energy, and National Institute of Standards and Technology to discuss the future products and technologies made possible by these investments.

• New York’s Manufacturing Extension Partnership (MEP) centers help small manufacturers become more innovative and competitive through networks that provide services to small and mid-sized manufacturers across New York State.

NYSTAR funds three university-based Digital Game Development Centers:

• New York State is #2 in the U.S. for academic programs geared towards digital game programming and design.

• New York produces the 4th largest number of gaming jobs in the country.

• New York is 4th in the country for video game industry establishments.

• The second FuzeHub Commercialization Competition, held in November in Albany, invited 18 entrepreneurs from across New York State to compete before a live audience for $350,000 in prize money. Seven companies were each awarded $50,000 for their innovative ideas, including:

― Bonbouton (New York City): A technology platform for preventative diabetic healthcare that monitors the skin’s physiological signals.

― Capro-X Inc (Ithaca): A natural and sustainable solution for converting dairy industry waste into valuable platform chemicals.

― Íko Systems (Ithaca): A smart tabletop micro-greenhouse that utilizes Controlled Environment Agriculture (CEA) techniques to regulate every parameter of plant growth in an enclosed environment.

― Lux Semiconductors (Albany): A patent-pending technology aimed at producing flexible, lightweight and low-cost semiconductor substrates for manufacturing.

― MicroEra Power (Rochester): A system integrator designing an on-site power system to provide businesses and utilities with reliable back-up power and cost-effective energy generation.

― RemWell LLC (Potsdam): A novel treatment reactor to address public health and energy issues associated with contaminated groundwater.

― VitaMe Technologies Inc. (Ithaca): Fast, accurate, and mobile nutrition deficiency testing.

For more information go to: https://esd.ny.gov/doing-business-ny/innovation-development-support

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New York State is helping build the innovation economy by giving entrepreneurs access to resources to match their drive and talent, helping to create innovation economy businesses and jobs for New Yorkers.

Launched in 2015, New York Ventures meets the critical capital needs of New York State’s innovation economy by providing funding to high-growth startups as they move from concept to commercialization, through early growth and expansion.

New York Ventures administers the state’s innovation investment funds, providing equity investment capital to early-stage technology-based businesses through direct investments and fund-of-funds programs.

New York Ventures looks to actively fill funding gaps in key, but underserved, industries and regions. The program’s key targets are in strategic industries which include information technology, life sciences and clean energy, as well as technologies important to advanced manufacturing. The program also supports companies emerging from the state’s universities, research labs, incubators and accelerators—as well as companies willing to relocate to New York.

New York Ventures values capital-efficient business models, strong corporate governance, experienced and diverse management teams, and business plans structured to attract the next level of capital investment at an increased valuation. The program seeks to partner closely with the private sector and requires matching investments from private funding sources at the time of investment.

2018 HIGHLIGHTSDirect Investment Fund:New York Ventures administers more than $90 million in capital allocated toward direct equity investments into promising startups.

• The New York State Innovation Venture Capital Fund (New York State IVC Direct investment Fund) ended 2018 with a total of approximately $28 million invested/committed to 22 portfolio companies.

― Of the 22 portfolio companies, nine are located Upstate and 13 are in the New York City region.

NEW YORK VENTURESVenture programs leverage private investment to build entrepreneurial activities statewide

ACV Auctions Inc.ACV Auctions Inc., the leading dealer-to-dealer full-service wholesale online vehicle auction platform, reached a major milestone in August 2018, selling more than 8,600 units online for a total of more than $35 million in vehicle inventory sold. The rapidly growing automotive company is increasing vehicle sales at a rate of 400 percent per year, including more than 500 new dealer signups per month, putting the company on pace to sell 100,000 vehicles annually in the U.S. Launched in Buffalo in 2014, the company currently has 217 jobs in New York. In 2015, the company received $500,000 in equity investment from the Innovate NY Fund.

NEW YORK VENTURES SUCCESS STORIES

CelmatixCelmatix is a next-generation women’s health company transforming reproductive health care through genomics and big data. Founded by a minority woman and based in New York City, Celmatix is disrupting how women approach their lifelong fertility journeys by empowering them and their physicians with more personalized information. The company received a $750,000 Innovate NY Fund investment in late 2015. In 2017, Celmatix made Fast Company's World’s 50 Most Innovative Companies ranking, and received $4.5 million from the NYC Regional Economic Development Council. In 2018, the company received full New York State regulatory approval to market its Fertilome genetics test, leaving it poised for continued growth. Celmatix has 110 employees, 85 of whom are in New York.

Team Celmatix, New York City

― Women and/or minorities founded and lead 10 of the 22 companies.

― Unite Us, a veteran-founded company and a provider of software that connects health and social services providers, more than doubled its annual revenue and successfully entered the healthcare market by capturing major contracts with Adirondack Health System and the State of North Carolina.

― SeamlessDocs, a provider of digital services to state and local governments, raised a new $7.5 million round of financing and was named to the Govtech 100.

Fund-of-Funds:The New York Ventures fund-of-funds investment programs are typically targeted at specific investment stages, industry sectors or founder groups, and are administered by third-party investment managers selected on a competitive basis.

• Innovate NY Fund/Fund-of-Funds will be fully invested in 2018, having provided support to 81 companies with more than $37 million in investment capital over the life of the fund. These investments were matched by more than $276 million in private investment capital.

• The Innovation Technology Commercialization Fund/Fund-of-Funds closed 17 investments in 2018 representing $1.5 million in investment capital along with $5.3 million in private investment capital. This brings the total number of companies having received investment from this fund to 35. Since its launch in 2016, these companies have received more than $3.6 million of capital along with $11.5 million in private matching capital.

• The MWBE Investment Fund, also launched in 2016, is fully deployed—providing support to six certified minority and/or women-owned startup firms with a total $1.3 million of new investment capital and $2.9 million of private matching capital.

For more information go to: https://esd.ny.gov/doing-business-ny/venture-capital

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ANNMARIE LANESEYGreane Tree Technology Group, Inc. (GTTG) and Albany Can Code Inc.

Capital Chamber Foundation Inc. EAP Center

Lanesey’s non-profit, Albany Can Code, connects companies needing software/IT trained coding professionals with individuals who have aptitude but need training. Lanesey's companies are building a talent pipeline with living wages vital to a thriving startup ecosystem.

SMALL BUSINESS AND TECHNOLOGY DEVELOPMENTSupporting the growth of small businesses in New York State

Brief Description

Small businesses are the heart of our economy. They make up 98 percent of all businesses in New York State and employ more than half of New York’s private sector workforce.

The Division of Small Business and Technology Development supports the growth of small businesses (firms with fewer than 100 employees) with an array of programs and services. Financial assistance is available through community development financial institutions (CDFIs) and alternative lenders that provide mission critical credit and financial support to small businesses across the state. A list of these lenders can be found on ESD’s website directory of New York State alternative lenders. The financial assistance provided by ESD is to provide access to capital for entrepreneurs and businesses who usually have difficulty accessing regular credit markets. In addition to financial assistance, ESD provides entrepreneurial development through programs that offer mentoring, business counseling and guidance in various topics, such as creating a business plan, finding contracting opportunities, and working with an incubator. These programs help guide entrepreneurs and early-stage companies toward growth and opportunity.

For more information go to:https://esd.ny.gov/doing-business-ny/small-business-hub

SMALL BUSINESS SUCCESS STORIESAt the 2018 EAP conference in Seneca Falls, celebrating 30 years of the EAP program, three attendees were recognized as Entrepreneurs of the Year.

ELI SMITH E. Smith Contractors LLC

South Side Innovation Center EAP Center

Smith took full advantage of the full array of resources at SSIC in starting and growing his business, a certified MBE firm, with a current full-time staff of 16 and $5.2 million in revenue.

DEVON CRITTENDEN BoBo’s Chicken Shack

Urban League of Rochester EAP Center

Crittenden started BoBo’s in 2013 and has since grown the business—now grossing $10,000 a month—with the help of EAP’s business training course and is pursuing new projects including bottling BoBo’s sauce.

10,000JOBS

RETAINED

2018 HIGHLIGHTS

$188MPROVIDED IN FACILITATED AND DIRECT LENDING

LOAN PROGRAMS

80%OF LOANS WENT TO MINORITY AND

WOMEN-OWNED BUSINESSES

MORE THAN

MORE THAN

1,700ENTREPRENEURS ASSISTED AT ENTREPRENEURIAL

ASSISTANCE PROGRAM (EAP) CENTERS, which provide training, counseling and support services to individuals

who have recently started their own business or are interested in starting a business.

MORE THAN

917EXISTING

BUSINESSES EXPANDED

~6,000JOBS

CREATED

$1.5BGENERATED IN

ECONOMIC IMPACT

MORE THAN

The Division of Small Business and Technology Development also provides companies access to New York State’s world-class research and development capabilities through its 70-plus centers across the state via NYSTAR.

The Innovation Hot Spots and Certified Business Incubators provide support to startup and early-stage companies with physical space, access to capital, networking and other services.

Our New York Ventures programs also provide equity investment capital to early stage technology-based businesses through investments and fund-of-funds.

The assistance provided by New York State ultimately translates into business and entrepreneurial success, from companies looking to export products abroad to those looking at building or renovating facilities, to those launching new technologies and beyond. Working together, ESD’s Small Business team is helping to build jobs and new industries in New York State.

Over the last six years, the Division, through its financial, entrepreneurial and technology assistance programs, has:

• Facilitated more than $1.2 billion in loans.• Created and retained more than 110,000 jobs.• Launched more than 4,400 small businesses.• Generated more than $9.5 billion in economic impact.

30 YearsOF SUCCESSFULLY

LAUNCHING AND HELPING ENTREPRENEURS

624NEW

BUSINESSES LAUNCHED

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With an annual impact of more than $100 billion, tourism is vital to the economic health of New York State. It’s the state’s third-largest industry, responsible for one in 10 jobs, and the third-fastest growing job sector. This year, New York State announced new records for tourism visitation, direct visitor spending, economic impact and industry jobs.

• New York State welcomed 243.8 million visitors, an increase of more than 41 million since 2011.

• Direct visitor spending grew to $67.6 billion, and tourism’s statewide economic impact reached $108.7 billion—the highest in state history and a nearly 25 percent increase over 2011.

• Tourism supported 938,800 jobs across New York, up 2.7 percent over 2016.

ESD’s mission is to inspire and encourage visitation to the state’s 11 vacation regions through marketing efforts that include advertising campaigns, digital platforms like the I LOVE NY website, app and social media accounts, public relations efforts and experiential marketing. Targeted initiatives like Path Through History and I LOVE NY LGBT reach niche tourism segments through events, digital campaigns and social media. Funding to support local tourism efforts includes I LOVE NY Matching

TOURISMPromoting tourism for economic impact

Funds and Market NY grants, available through the CFA process. The division sends I LOVE NY representatives around the world and also works with strategic travel partners, including airlines and sports organizations.

2018 HIGHLIGHTS• Paid advertising included: TV spots for summer, fall

and winter seasons, along with digital and out of home campaigns; and a campaign promoting The Great New York State Fair.

• Public relations efforts including pitches, media events and statewide press trips resulted in national coverage in National Geographic Traveler, Forbes, Conde Nast Traveler and The New York Times. I LOVE NY was awarded the Bronze Adrian Award for Feature Placement in a Newspaper by the Hospitality Sales and Marketing Association International.

• Digital initiatives resulted in increases in website visitors, page views and engagements across iloveny.com and four social media platforms. I LOVE NY was awarded the Gold Distinction in Instagram Presence Shorty Award.

• Welcome Centers opened in every region of the state, offering information on tourism attractions as well as Taste NY products.

Adirondacks Welcome Center, Queensbury

I LOVE NY Pod, New York City

• The traveling I LOVE NY Pod brought New York State vacation information to 40 high-profile special events in New York, neighboring states, and Canada, connecting with tens of thousands of guests. The I LOVE NY Pod received the Gold REGGIE Award for Best Regional/Local Market Campaign, given by the Association of National Advertisers.

• The 136,000-square-foot Exposition Center at the Great New York State Fair was transformed into a must-see I LOVE NY Experience, with activations for all four seasons from state agency partners, as well as a free public ice-skating rink.

• New York State promoted tourism to international visitors through I LOVE NY offices in Australia, China, Germany and the U.K.; international trade shows and sales missions; and familiarization trips for global media and tour operators.

• A Path Through History Weekend was held in spring and fall. In 2018, attractions statewide hosted three times the number of special historical events held in the program's first year, 2013.

• I LOVE NY LGBT expanded advertising in LGBT media outlets and activated at national and international Pride events across the globe to promote WorldPride 2019, being held in New York for the first time in its history.

• More than $4.5 million in I LOVE NY Matching Funds were awarded to 62 counties for projects. $15 million in Market NY grants were awarded through Round VII (2017) of the REDC initiative to support 61 tourism-related marketing, construction, special events and agritourism/craft beverage projects. Up to $15 million is available for Market NY grants awarded through Round VIII in 2018.

For more information go to: https://esd.ny.gov/industries/tourism

I LOVE NY presence in new Expo Center at the 2018 Great New York State Fair in Syracuse.

80 8180

FINANCIALS

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INTRODUCTION The Financials portion of Empire State Development (ESD)’s Comprehensive Economic Development Report (the Financials section) provides aggregate data on projects that received financial assistance from ESD during the last fiscal year: Fiscal Year (FY) 2018, which is defined as April 1, 2017 to March 31, 2018. In cases where data is not yet available or is collected over a calendar year, data is instead presented for the most recent annual period for which data is available, with such period clearly labeled. Where appropriate, the Financials section also presents information by region and industry and includes a breakdown of the number of projects, the amount of funds disbursed or tax credits issued, the total incentives awarded by ESD, the total cost of the project, and other available data on the expected number of jobs created and/or retained.

The origin of the Comprehensive Economic Development Report was the FY 2018 New York State Budget, which introduced a new requirement for ESD to begin annually producing a “Comprehensive Economic Development Report” containing information on the economic development programs administered by the New York State Urban Development Corporation (UDC) and the New York State Department of Economic Development (DED), two entities that consolidate their operational efforts and do business together as ESD. The FY 2018 Budget specifically required that the report include a “listing of economic development assistance” provided by UDC and DED, “including tax expenditures, marketing and advertising, grants, awards and loans,” as well as aggregate information on “program progress, program participation rates, economic impact, regional distribution and industry trends.” As a companion to information provided earlier in the report, the Financials section is dedicated to fulfilling these legal requirements.

COMPREHENSIVE ECONOMIC DEVELOPMENT REPORTFiscal Year April 1, 2017–March 31, 2018

EXECUTIVE SUMMARYAs part of its responsibility to manage dozens of economic development programs and thousands of specific projects to grow New York’s economy, ESD relies on a broad range of economic development tools—around which the Financials section is organized—to include:

1. Tax Expenditure Programs;2. Loans and Grants;3. Marketing and Advertising; and4. Innovation

Across the four categories noted above, as of October 31, 2018, ESD was overseeing 5,669 active projects. An active project is generally defined as a project with a signed agreement stipulating that ESD will provide financial assistance to a third party, subject to that third party’s fulfillment of specific economic commitments or services. Some of the 5,669 active projects were in preliminary stages during FY 2018, such as planning or design, whereas other projects were merely awaiting reimbursement or in their final years of maintaining their job commitments. Given that ESD projects often have multi-year project commitments and payment schedules, many projects remain “active” for many years, and not all active projects receive a disbursement of their awarded financial assistance in any given fiscal year.

During the periods covered by this report, a total of 1,324 projects received a total of $1.5 billion in disbursed loan, grant, tax credit or other financial assistance from ESD. Once complete, these projects are expected to result in a total public/private investment of over $16 billion. The Financials section only provides data on these 1,324 projects that received a disbursement of their awarded financial assistance (including actual payments and tax credits issued1) during FY 2018, or, as applicable, during their most recent reporting year available, and does not contain data on active projects that did not receive a disbursement.

1 Tax benefits in the START-UP NY program are claimed directly by eligible employees and businesses via tax return filings with the Department of Taxation and Finance. ESD does not directly issue credits for START-UP NY; the estimated value of the credits claimed are reported to ESD by the businesses.

Highlights of ESD’s financial assistance during the most recent year included the following:

• 96 businesses received credits through the Excelsior Jobs Program in FY 2018. These 96 businesses were issued $36.3 million in credits during FY 2018, out of an awarded $231.6 million in total credits for these projects. The $36.3 million in disbursements represents an increase of 43 percent over credits issued in FY 2017. The projected number of created and retained jobs resulting from these investments is 44,669.

• 325 entertainment industry production projects were issued tax credit incentives in FY 2018. These 325 projects were issued $687.4 million in credits during FY 2018 and spent more than $3.2 billion throughout New York State. The $687.4 million in credits received represents a $49.9 million increase in disbursements from FY 2017.

• 176 businesses in the START-UP NY program reported business tax benefits of $1 million and reported their employees received $4.8 million in Personal Income Tax (PIT) benefits in 2017. During the same period, they also report investing over $31 million and creating a total of 1,669 new jobs, of which 1,139 were net new2 jobs, a 58 percent increase in year-to-year net new job growth.

• 61 projects with direct job commitments received loan or grant disbursements in FY 2018 totaling $59.2 million out of $826.6 million in total awarded project funding. In total, these 61 projects are expected to create and retain 19,520 jobs, and leverage $1.19 billion in private investment, for a total public/private investment of $2.0 billion.

• In FY 2018, 407 infrastructure and capacity building projects received a total of $534.6 million in loan or grant disbursements out of $1.4 billion in total awarded project funding. These projects will leverage $6.1 billion in private investment, for a total public/private investment of $7.5 billion. Infrastructure and capacity building projects do not have direct job commitments and instead produce indirect, long-term, or other economic benefits.

• In addition to these highlights, the remaining $177 million in disbursements and tax credits issued covered programs such as the Market NY and Centers of Excellence programs.

The remainder of the Financials section provides additional details for each type of economic assistance.

2 Empire State Development calculates net new jobs as jobs filled for more than six months in a Location Year. The location year is based on the date the business locates to the Tax-Free NY Area.

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SECTION 1: TAX EXPENDITURE PROGRAMSThe objective of ESD’s tax expenditure programs are to foster investment, jobs, and overall economic development throughout the state. To this end, ESD administers various tax incentive programs such as:

• Entertainment industry spending tax credits: Programs focused on spending by the entertainment industry, including the New York State Film Tax Credit Program (for production and post-production), the Commercial Production Tax Credit Program, and the Empire State Music and Theatrical Production Tax Credit;

• Employment tax credits: Programs such as the Excelsior Jobs Program, Jobs Retention Program, and START-UP NY, which all require the creation and/or maintenance of full-time jobs as a requirement of receiving or keeping tax benefits; and

• Employee training tax credits: Programs for employee skills training, such as the Employee Training Incentive Program.

For its tax expenditure programs, ESD commits to issue a maximum amount of tax benefits to an awardee on the condition that the awardee fulfill certain economic commitments related to jobs, spending, or employee skills training. As awardees fulfill their economic commitments, only then does ESD issue certificates that list the amount of tax credits that each awardee has earned and may claim against their taxes. Finally, awardees claim their tax credits by submitting the certificates from ESD to the New York State Department of Taxation and Finance alongside their tax returns.

Generally, this portion of the Financials section summarizes the amount of tax credits issued by ESD in certificates to awardees during the most recent year. Of note, the amount of tax credits issued during one year may be only a portion of the total tax credits associated with a project, and not all tax credits are immediately claimed by awardees, who in some cases may elect to carry over their tax credits to future tax years.

In total, 425 projects were issued tax credits in FY 20183 , a year-to-year increase of 74 projects. For these 425 projects, ESD issued $732.5 million in credits, which was $69.8 million above the FY 2017 reported total.

TAX EXPENDITURE PROGRAM HIGHLIGHTSEntertainment Industry Tax Credits

In FY 2018, 325 entertainment projects were issued $687.4 million in tax credits from New York State. These projects combined have spent more than $3.2 billion in associated project costs throughout the state. From FY 2017 to FY 2018, total hires resulting from this investment increased by 13,136, to a total of 237,500, and the $687.4 million in credits issued represents a $49.9 million increase over FY 2017.

While the statute requiring the Comprehensive Economic Development Report asks for data to be provided in aggregate by region and industry, there are limitations on the data available for these entertainment related programs. Information for the tax credits issued and total project costs are not available by region. Entertainment projects often have administrative overhead spending that is project-wide, and projects often operate in multiple regions, therefore it is not possible to isolate the spending data for a specific region. Additionally, jobs data for these tax credit programs does not conform to the jobs data for most of the other programs in this report. Due to the nature of the film and television production and post-production business, employees may work on multiple, short-term projects each year. While each project tracks exactly how many individuals they have hired, these are not long-term, full-time equivalent positions, which is the most common job measure for ESD programs.

See Appendix 1.B for further details on the Entertainment Tax Credit Programs.

Excelsior Jobs Program

In FY 2018, the Excelsior Jobs Program issued $36.3 million in tax credits to 96 businesses with total estimated project budgets of $2.8 billion. Total credits to be awarded over the lifetime of these projects is $231.6 million. These 96 businesses have committed to create 11,299 jobs, and to this goal, actual job creation to-date is 8,969 net new jobs4. The $36.3 million issued in credits represents a year-to-year increase of 43 percent over FY 2017.

See Appendix 1.C for further details on the Excelsior Jobs Program.

COMPREHENSIVE ECONOMIC DEVELOPMENT REPORT continued

3 This total does not include START-UP NY projects as the START-UP NY program data is presented on a calendar year basis, and therefore does not conform to the same reporting period as all other tax incentive programs. Detailed START-UP NY data is provided in Appendix table 1.D. 4 The Excelsior Jobs Program provides for a five-year period in which to achieve the level of job commitments

START-UP NY

A total of 272 businesses have been approved for participation in the START-UP NY Program. The 272 businesses project the creation of 5,064 net new jobs and more than $247 million in investment. Of these, 79 businesses were approved in 2017, projecting the creation of 1,177 jobs and $29.9 million in investment.

Businesses report to Empire State Development on actual job creation, investments and estimated tax benefits they will receive, and all reporting is done on a calendar year basis. As such, the most recent information available for this report is for the 2017 calendar year. Of the 272 approved businesses, 176 were required to submit a Performance and Verification Report to ESD in 2017.

For 2017, the data shows 176 businesses had created a total of 1,669 jobs, of which 1,139 were net new jobs, invested $31 million, paid wages of $89 million and estimated they (or their employees), would receive $5.8 million in tax benefits. On average, there were 6.5 net new jobs created per business, $177,000 in investment per business and $33,000 in estimated tax benefits received per business, including benefits to its employees.

Since the program’s creation, businesses in the START-UP NY Program have generated more than $260 million in economic activity, with investments of $75.6 million, paying $184.9 million in wages and utilizing $11 million in business and PIT tax benefits.

See Appendix 1.D for further details on the START-UP NY program.

Jobs Retention Program

In FY 2018, the Jobs Retention Program issued $8.8 million in tax credits to three businesses, which have been awarded up-to $73.8 million in credits over the lifetime of their projects. On the basis of their total awards, the three businesses have pledged to retain a total of 2,392 jobs, for a total public/private investment of more than $175.9 million.

See Appendix 1.A for further details on the Jobs Retention Program.

Employee Training Incentive Program

The Employee Training Incentive Program (ETIP) disbursed $4,852 in credits during FY 2018. This program was restructured effective April 10, 2017 to better accommodate business needs. Greater utilization is anticipated in subsequent years.

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SECTION 2: LOANS AND GRANTSMost of ESD’s loan and grant programs make investments that build on ESD’s four strategic pillars– placemaking, workforce, tradable sectors, and innovation. The information presented in this section distinguishes job retention and creation projects from infrastructure development and capacity-building projects. The former project type includes investments which retain and create permanent jobs. The latter project type includes infrastructure investments such as water/sewer or road/bridge construction, and capacity-building projects such as downtown revitalization, planning, and business incubators. This section further distinguishes between investments funded with special state appropriations or dedicated funding and those that are funded from discretionary ESD programs.

Unlike tax expenditures, which are often issued in the form of a certificate of tax credits, loans and grants are recognized by the awardee in the form of a direct financial payment. The amount disbursed for each program represents the total disbursements paid during this reporting period (FY 2018).

In assessing trends with respect to ESD’s loan and grant programs, it is important to note that a year-to-year comparison of disbursements alone is not necessarily representative of trends in overall program activity. For example, a loan may be paid out at the beginning of a multi-year project and be recognized as a disbursement only in the project’s first year, whereas grant programs typically operate on a reimbursement basis after a project has been completed. To provide another example, if a project were awarded a $50 million grant in 2015 that was not disbursed as a lump sum reimbursement until 2018, the project’s disbursement data would be $0 in 2015, $0 in 2016, $0 in 2017 and $50 million in 2018—even though the project itself may have been equally active during all four years.

Job Creation and Retention

In FY 2018, 61 projects which include job creation and retention commitments received $59.2 million in disbursements from ESD. The total State award for these projects was $826.6 million, with $1.19 billion in private investment. In total, these projects will result in a public/private investment of $2 billion, and will create and retain 19,520 jobs.

For individual Loans and Grants Job Retention and Creation program tables, see Appendix 2.A – 2.I and 2.FF – 2.GG.

Infrastructure and Capacity Building

In FY 2018, 407 projects received $534.6 million in disbursements from ESD. The total State award for these projects was $1.4 billion, with $6.1 billion in private investment. In total, these projects are expected to leverage a public/private investment of $7.5 billion.

For individual Loans and Grants Infrastructure and Capacity Building tables, see Appendix 2.J – 2.EE and 2.HH – 2.OO


SECTION 3: MARKETING AND ADVERTISINGESD’s marketing and advertising programs are intended to market New York State to tourists and business leaders in order to grow its economy. This section provides data on ESD’s business and tourism marketing efforts, including the Craft Beverage Marketing Program, Market NY, and the Tourism Promotion Matching Grants program. These efforts are advanced to position New York State as a great place to work, play, and live in order to drive economic development. Funding assistance can take the form of grants to third parties or direct marketing and advertising spending by ESD. The amount provided for each program represents the total disbursements issued during the FY 2018 reporting period.

In FY 2018, 173 projects received disbursements to market and promote New York State, an increase of 37 percent over FY 2017. These 173 projects received $88.7 million in disbursements, an increase of $20 million above FY 2017.

MARKETING AND ADVERTISING HIGHLIGHTSAs a result of ESD’s business marketing and advertising programs, during FY 2018.

• Business leaders exposed to marketing initiatives were 68% more likely to consider the State over leaders who had not seen the initiatives5;

• Total business leads generated increased 222% over FY 2017 to 2,6676; and

• Average monthly ESD website visits were up 35%, reaching an all-time high of 84,000+7.

Based on ESD’s tourism marketing and advertising efforts:

• For both FY 2017 and FY 2018, New York State has remained the #1 most considered tourist destination in the Northeast, surpassing New England states, New Jersey and Pennsylvania8;

• New York State welcomed 243.8 million visitors during calendar year 2017, approximately 5 million more than in 20169;

• The total economic impact of tourism statewide reached a record high of $108.7 billion during calendar year 2017, exceeding $100 billion for the fourth straight year; and10

• Visitors to New York State in calendar year 2017 generated $67.6 billion in direct spending, nearly $3 billion more than in 201611.

In addition to funding third party projects, ESD also has a three-year contract with Lowe & Partners Worldwide Inc. d/b/a Campbell Ewald New York, for up-to $225 million in advertising and marketing services. Campbell Ewald is ESD’s marketing services partner and is the sole vendor associated with developing all marketing initiatives across multiple media for tourism and business attraction and retention promotion. Data reported does not have a regional or industry breakdown.

For individual marketing and advertising tables, see Appendix 3.A – 3.F

5 In Market Tracking/Russell Research6 ESD Data7 ESD Data8 In Market Tracking/Russell Research9 Tourism Economics: The Economic Impact of Tourism in New York10 Ibid11 Ibid

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SECTION 4: INNOVATIONInnovation programs are administered by ESD’s Division of Science, Technology and Innovation (NYSTAR), and are focused on supporting economic growth through technology-focused research and development in partnership with SUNY, CUNY, and private academic institutions. Innovation programs support a range of business services, including support for business incubators and technical and legal advice for technology entrepreneurs.

Each program has different eligibility criteria and guidelines that determine when and how the funds can be disbursed. Programs in this section primarily fund academic and/or research institutions with the purpose of facilitating and commercializing applied research.

Some programs require businesses to report to ESD annually on actual economic impacts, and this self-reported data must be verified by ESD. As a result, the economic impact data is typically available on a one-year lag, whereas disbursement data is available for FY 2018. All economic impact data is therefore outlined separately, with the associated time period clearly noted for those tables.

In total, 82 Innovation projects received disbursements in FY 2018, an increase of 22 projects, or 37 percent, over 2017. The total amount disbursed to these 82 projects was $46 million in FY 2018.

INNOVATION HIGHLIGHTSNearly every Innovation program realized a year-to-year increase in the number of locations receiving state disbursements. To highlight several examples: Innovation Hot Spots/Business Incubators increased from 8 locations receiving disbursements in FY 2017 to 20 locations in FY 2018; the Centers for Advanced Technology increased from 14 centers receiving disbursements in FY 2017 to 17 centers in FY 2018; and Digital Gaming hubs increased from one hub receiving disbursements in FY 2017 to three hubs in FY 2018. These increases are due to these programs being phased in, and new centers coming online as these programs progress.

For individual program tables, see Appendix 4.A – 4.K


ADDITIONAL RESOURCESIn addition to the Comprehensive Economic Development Report, ESD regularly publishes reports on the performance of programs: https://esd.ny.gov/esd-media-center/reports. Links to many specific reports are also provided below, including those that provide details on ESD’s job creation programs. The “Annual Report on Jobs Created and Retained” provides performance details on every ESD project receiving a grant or loan where there are job commitments, and the “Excelsior Jobs Quarterly Report” provides detail on projects receiving tax credits in exchange for creating jobs. For more information please refer to:

Excelsior Jobs Program Quarterly Reports (Q2 – Q4 of FY 2017, Q1 – Q2 of 2018) https://esd.ny.gov/esd-media-center/reports/excelsior-jobs-program-quarterly-report-6302017 https://esd.ny.gov/esd-media-center/reports/excelsior-jobs-program-quarterly-report-9302017 https://esd.ny.gov/esd-media-center/reports/excelsior-jobs-program-quarterly-report-12312017 https://esd.ny.gov/esd-media-center/reports/excelsior-jobs-program-quarterly-report-3312018 https://esd.ny.gov/esd-media-center/reports/excelsior-jobs-program-quarterly-report-63018

Empire State Jobs Retention Program Quarterly Reports (Q2 – Q4 of FY 2017, Q1 – Q2 of 2018) https://esd.ny.gov/esd-media-center/reports/empire-state-jobs-retention-program-quarterly-report-6302017 https://esd.ny.gov/esd-media-center/reports/jobs-retention-program-9302017 https://esd.ny.gov/esd-media-center/reports/empire-state-jobs-retention-program-quarterly-report-123117 https://esd.ny.gov/esd-media-center/reports/jobs-retention-program-3312018 https://esd.ny.gov/esd-media-center/reports/jobs-retention-program-63018

Annual Report on Jobs Created and Retained - 2016 (Calendar year 2016) https://esd.ny.gov/sites/default/files/2016-Annual-Jobs-Report-Final.pdf

Empire State Development Quarterly Status Reports (Q1 – Q4 of FY 2018, Q1 – Q2 of FY 2019) https://esd.ny.gov/esd-media-center/reports/empire-state-development-quarterly-status-reports-2017-2018 https://esd.ny.gov/esd-media-center/reports/esd-quarterly-status-reports-2018-2019

Film Tax Credit Quarterly Reports (Q1 – Q4 of Calendar Year 2017; Q1 – Q2 of Calendar Year 2018) https://esd.ny.gov/esd-media-center/reports/film-tax-credit-2017-quarterly-reports https://esd.ny.gov/esd-media-center/reports/film-tax-credit-2018-quarterly-reports

Commercial Production Tax Credit – Annual Report (Calendar year 2016) https://esd.ny.gov/esd-media-center/reports/commercial-production-tax-credit-program-annual-report-2016

Empire State Development Annual Program Report (FY 2018) https://esd.ny.gov/esd-media-center/reports/esd-annual-program-report-2017-2018

Empire State Music and Theatrical Tax Credit Annual Report (Calendar Year 2017) https://esd.ny.gov/esd-media-center/reports/music-and-theatrical-tax-credit-annual-report-2017

Independent Review of the Empire State Film Production & Post-Production Credit Programs (Calendar Years 2015 and 2016) https://esd.ny.gov/sites/default/files/news-articles/Financial%20and%20Operational%20Review%20of%20ESD%20 Film%20Credit%20-%20Final%2015-16.pdf

Economic Impact of the Film Industry in New York State (Calendar Years 2015 and 2016) https://esd.ny.gov/sites/default/files/news-articles/2017_CamoinAssociates_FilmTaxCreditReport.pdf

NYSTAR Annual Report (Calendar Year 2016) https://esd.ny.gov/esd-media-center/reports/nystar-2016-annual-report

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APPENDIX 1: TAX EXPENDITURE PROGRAMSA. Summary TableB. Entertainment Tax Credit Programs 1) Commercial Tax Credit 2) Empire State Music and Theatrical Production Tax Credit 3) Film Tax Credit Program (Production) 4) Film Tax Credit Program (Post-Production)C. Excelsior Jobs ProgramD. START-UP NY

APPENDIX 2: LOANS AND GRANTS PROGRAMSPrograms - Job Retention and CreationA. Summary Table B. Economic Development FundC. Economic Development Purposes FundD. New York Works Economic Development FundE. Regional Council Capital FundF. Upstate Regional BlueprintG. Upstate Revitalization InitiativeH. Urban and Community Development ProgramI. World Trade Center Job Creation and Retention Program

Programs - Infrastructure Development and Capacity BuildingJ. Buffalo Regional Innovation ClusterK. Community Development Financial Institution ProgramL. Department of State Office for New AmericansM. Downstate Revitalization FundN. Economic Development FundO. Economic Development Purposes FundP. Economic Transformation Program Q. Electric Generation Facility Cessation Mitigation ProgramR. Entrepreneurial Assistance ProgramS. Innovation Venture Capital FundT. Minority and Women Business Development and Lending ProgramU. Minority and Women Revolving Loan Trust FundV. New Farmers Grant FundW. New NY Broadband ProgramX. New York Works Economic Development FundY. NYS Life Sciences Initiative FundZ. Regional Council Capital FundAA. Regional Revolving Loan Trust FundBB. Restore NYCC. Small Business Revolving Loan Trust FundDD. Upstate Revitalization InitiativeEE. Urban and Community Development Program

APPENDICESDedicated Funds/Special Appropriations - Job Retention and CreationFF. Dedicated Capital Projects FundingGG. Port Authority Transportation, Economic Development and Infrastructure Renewal

Dedicated Funds/Special Appropriations - Infrastructure Development and Capacity BuildingHH. Dedicated Capital Project FundingII. Hurricane Irene/Tropical Storm Lee Business Flood RecoveryJJ. Military Base Retention and ResearchKK. Misc. Community and Local Development ProjectsLL. New Era Field Capital (Buffalo Bills)MM. SUNY Polytechnic InstituteNN. Transformative Economic Development ProgramOO. Upstate City by City

APPENDIX 3: MARKETING AND ADVERTISINGA. Summary TableB. Craft Beverage Marketing ProgramC. Economic Development InitiativesD. Market NYE. Miscellaneous Marketing ProjectsF. Tourism Promotion Matching Grants

APPENDIX 4: INNOVATIONA. Summary TableB. Centers for Advanced TechnologyC. Centers of ExcellenceD. Game Development Centers/Digital Gaming HubsE. Faculty Development ProgramF. Focus CentersG. Innovation Hot Spots and New York State Certified Business IncubatorsH. Innovation Economy Matching GrantsI. Manufacturing Extension PartnershipJ. Science and Technology Law CenterK. Additional Jobs Related Data 1) Centers for Advanced Technology 2) Centers of Excellence 3) Innovation Hot Spots/Incubators 4) Manufacturing Extension Partnership

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PROGRAM DEFINITIONS

1. TAX EXPENDITURE PROGRAMS • Commercial Tax Credit – designed to increase the

production of commercial filming in the state. Credits can be used to encourage qualified production companies to produce commercials in the state and help create and maintain jobs.

• Empire State Music and Theatrical Production Tax Credit – designed to encourage musical and theatrical production companies to conduct pre-tour activities and technical rehearsals and to perform shows in qualified regional theaters throughout Upstate.

• Employee Training Incentive Program – provides refundable tax credits to New York State employers for procuring skills training that improves the productivity of their employees. Businesses can also receive tax credits for approved internship programs that provide training in advanced technology.

• Excelsior Jobs Program – provides job creation and investment incentives to firms in targeted industries. Firms in these industries that create and maintain new jobs or make significant financial investment are eligible to apply for tax credits.

• Film Tax Credit (Production) – designed to strengthen the film production industry in the state and its positive impact on the state’s economy. Program credits can be used to encourage companies to produce film projects in New York and help create and maintain film industry jobs.

• Film Tax Credit (Post-Production) – designed to strengthen the post-production industry in the state and its positive impact on the state’s economy. Program credits can be used to encourage companies to perform post-production work in New York State, to help create and maintain post-production film industry jobs.

• Jobs Retention Program – provides financial incentives to retain strategic businesses and jobs that are at risk of leaving the state due to the impact on business operations from a natural disaster.

• START-UP NY – helps new and expanding businesses through tax-based incentives and innovative academic partnerships. START-UP NY offers new and expanding businesses the opportunity to operate tax-free for 10 years on or near eligible university or college campuses in the state.

2. LOANS AND GRANTS PROGRAMS• Buffalo Regional Innovation Cluster – an

appropriation to create thousands of jobs and to spur new investment and economic activity in and around the City of Buffalo.

• Community Development Financial Institution Program – an appropriation that provides micro-loans to businesses that do not qualify for bank loans, as well as one-on-one counseling and business development assistance to facilitate credit-readiness.

• Department of State Office for New Americans – an appropriation to be disbursed over a three-year period beginning 01/01/2016 and ending 12/31/2018 to help new Americans interested in starting their own business and achieving self-employment by providing “Immigrant Entrepreneurship Training” and technical assistance. The fund is operated through a network of Opportunity Centers within an existing and diverse array of 27 community-based organizations.

• Downstate Revitalization Fund (DRF) – an appropriation enacted in FY 2009 to promote economic development by facilitating the creation and retention of jobs or other economic activity downstate.

• Economic Development Fund – an appropriation, first made in 1996, that provides assistance for projects that promote the economic health of the state by facilitating the creation or retention of jobs, or the increase of business activity.

• Economic Development Purposes Fund – an appropriation established in the FY 2012 budget that made funding available for economic development across the state for business investment, infrastructure investment, and economic growth investment initiatives.

• Economic Transformation Program – an appropriation to assist communities affected by closures of the state’s correctional and juvenile justice facilities.

• Electric Generation Facility Cessation Mitigation Program – grant funding for eligible local government entities demonstrating qualifying reductions in property taxes and/or payments in lieu of taxes owed by an electric company.

APPENDICES continued

• Entrepreneurial Assistance Program – establishes Entrepreneurial Assistance Centers in local communities to provide instruction, training, technical assistance and support services to individuals who have recently started their own business or are interested in starting a business.

• Innovation Venture Capital Fund – a venture capital fund that invests in seed and early-stage businesses throughout the state. The fund provides critical funding to promote the commercialization of new technologies, encourage job creation, and drive economic growth.

• Minority and Women Business Development and Lending Program (MWBDLP) – provides financial assistance to minority- and women-owned business enterprises (M/WBEs) in the state, as well as to projects and programs that assist the development of entrepreneurship among minority persons and women in New York State.

• Minority and Women Revolving Loan Trust Fund (MWRLTF) – a loan trust fund created by the state in 1995 for the purpose of making low-cost financial assistance available to minority- and women-owned businesses that are unable to access traditional financial services.

• New Farmers Grant Fund – grants to support beginning farmers who have chosen farming as a career and who materially and substantially participate in the production of an agricultural product on their farm.

• New NY Broadband Program – the $500 million New NY Broadband Program provides grant funding to support projects that deliver high-speed Internet access to unserved and underserved areas of the state.

• New York Works Economic Development Fund – an appropriation to support economic development.

• NYS Life Sciences Initiative Fund - the FY 2018 Budget enacted the $620 million initiative to spur the growth of a world-class life science research cluster in New York, as well as expand the state's ability to commercialize this research and grow the economy.

• Regional Council Capital Fund – an appropriation established under the Governor’s Regional Economic Development Council initiative to support capital-based economic development initiatives intended to create or retain jobs, prevent or reduce unemployment and underemployment, and to increase business activity in a community or region.

• Regional Revolving Loan Trust Fund – a loan trust fund operated by regional non-profit organizations in the state for the purpose of making working capital loans and loan guarantees to small businesses located within the state that generate economic growth and job creation and are unable to obtain adequate credit or adequate terms from commercial lenders.

• Restore New York Communities Initiative (Restore NY) – appropriations made in various fiscal years to aid municipalities with real property in need of demolition/deconstruction, rehabilitation or reconstruction for both commercial and residential property.

• Small Business Revolving Loan Trust Fund – a loan trust fund designed to create economic activity by providing greater access to capital for small businesses. The program is targeted to small businesses that have had difficulty accessing regular credit markets.

• Upstate Regional Blueprint Fund – an appropriation in FY 2009 to promote the economic development of upstate by facilitating the creation and retention of jobs or other economic activity.

• Upstate Revitalization Initiative (URI) – a program modeled after the success of the Buffalo Billion Initiative that aims to systematically revitalize the economy of other upstate communities and regions.

• Urban and Community Development Program – an appropriation that promotes economic development by encouraging economic and employment opportunities in targeted communities and urban areas.

• World Trade Center Job Creation and Retention Program – a grant program funded by a block grant from the U.S. Department of Housing & Urban Development focused on attracting firms from other parts of New York City to the Lower Manhattan area.

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Additional Non-Discretionary/Dedicated Funding

ESD also administers a number of special loan and grant initiatives, which include:

• Dedicated Capital Project Funding12

• Hurricane Irene – Tropical Storm Lee Business Flood Recovery

• Military Base Retention & Research

• Misc. Community and Local Development Projects13

• New Era Field Capital (Buffalo Bills)

• Port Authority Transportation, Economic Development & Infrastructure Fund

• SUNY Polytechnic Institute

• Transformative Economic Development Program

• Upstate City by City

3. MARKETING AND ADVERTISING• Craft Beverage Marketing Program – an

appropriation established in FY 2015 allowing the New York Power Authority (NYPA) to provide funding to ESD to establish the state’s Craft Beverage “Regional Marketing” Grant Program. The program supports marketing initiatives that target craft beverage businesses throughout the state.

• Economic Development Initiatives – funding available for business marketing and tourism promotion campaigns.

• Market NY – an appropriation initiated out of the Regional Council funding process to support regionally themed projects by promoting tourism destinations and attractions in order to bolster tourism growth. Funds are allocated through the Regional Economic Development Councils.

• Tourism Promotion Matching Grants – provides funding to Tourism Promotion Agencies (TPAs) to market their destination to increase the number of visitors and the level of spending across the state. The program’s priorities are to reach new market areas and expand current programs that have the potential to result in overnight visitation.

4. INNOVATION• Centers for Advanced Technology (CATs) –

seventeen centers that facilitate applied research and technology transfer and encourage greater collaboration between private industry and state universities in the development and application of new technologies.

• Centers of Excellence (CoEs) – twelve centers that facilitate joint university-industry research and development, product commercialization, and workforce training.

• Game Development Centers/Digital Gaming Hubs14 – three centers which support early-stage companies and foster gaming community collaboration among students, industry, and entrepreneurs.

• Faculty Development Program – a program that assists New York State institutions of higher education in the recruitment and retention of leading entrepreneurial research faculty in science and technology fields with strong commercial potential.

• Focus Centers – a strategic partnership between RPI; SUNY Poly; ESD; and the microelectronics, optoelectronics, bioelectronics, and telecommunication industries in the U.S. Its aim is to act as a research and development resource for the creation of the science and technology base for future generations of integrated circuitry (IC) products.

• Innovation Hot Spots and New York State-Certified Business Incubators – there are twenty Innovation Hot Spots and Certified Business Incubators, which receive funding to reach a greater number of early-stage companies. Support may vary by location, but generally includes physical space, shared staff, access to capital, coaching, mentoring, networking connections, prototype development, and access to other technical services. Innovation Hot Spots also coordinate regional entrepreneurial ecosystems and can offer tax benefits to client businesses.

APPENDICES continued

12 Funding for a number of individual, non-discretionary projects where ESD acts as grantor13 Funding for legislative projects and miscellaneous community development projects (i.e. Economic & Community Development, Community Capital Assistance Program, State & Municipal Facilities Program) 14 Game Development Centers are funded through a Center of Excellence appropriation and are not one of the CoE centers noted above.

• Innovation Economy Matching Grants – commitments to strengthen applicants’ proposals for funding from federal agencies, foundations, and other grant-making organizations. Higher education and non-profit research institutions in New York State are eligible to apply for these matching funds in an effort to attract more R&D funding to support technology development and commercialization.

• NY Manufacturing Extension Partnership (MEP) – a network of 11 organizations that provide growth and innovation services to small and mid-sized manufacturers in every corner of the state to help them create and retain jobs, increase profits, and save time and money.

• Science and Technology Law Center – dedicated to providing legal research, education and information to entrepreneurs and companies to help commercialize new technologies from lab to market.

NOTESThe Appendices include program-level reports rather than project-level reports. In other words, all data is aggregated and presented at the program level.

Loans and Grants is the largest appendix section and has been organized into four general categories:

1. Job creation and retention programs

2. Infrastructure and capacity building programs

3. Dedicated funds or special appropriations (i.e. specific projects) that create and/or retain jobs

4. Dedicated funds or special appropriations for infrastructure and capacity building

Jobs data is provided for loan and grant categories 1 and 3 but is not provided for 2 and 4, as these program disbursements are not tied to job creation. The Appendices provide individual tables for each program within the four sections, aggregated at the industry and regional level where appropriate.

The Appendices further distinguish between programs that measure job creation as a condition of receiving state assistance from those that more broadly support economic development infrastructure (i.e. investments in workforce, waterfronts, walkable communities, marketing and advertising efforts and university research.)

The naming convention of identical categories in this report may vary slightly from program to program. For example, START-UP NY displays “Total Reported Investment” while the Excelsior Jobs Program displays “Total Project Cost.” Both are measures of total investment from public and private sources, however, each program measure conforms to the specific language articulated in that program’s enabling legislation.

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APPENDIX 1: TAX EXPENDITURE PROGRAMS

Appendices

18

APPENDIX 1: TAX EXPENDITURE PROGRAMS 1.A Program Projects Issued Credits Credits Issued15 Commercial Tax Credit 73 $6,861,221 Empire State Music and Theatrical Production Tax Credit 3 $2,597,248 Employee Training Incentive Program 1 $4,852 Excelsior Jobs 96 $36,290,296 Film Tax Credit (Production) 164 $646,329,009 Film Tax Credit (Post-Production) 85 $31,575,870 Jobs Retention Program 3 $8,870,869 START-UP NY 176 $5,828,582 TOTAL 601 $738,357,947

1.B ENTERTAINMENT INDUSTRY TAX CREDIT PROGRAMS Program

No. of Projects

Credits Issued

Total NY Project Cost

Project Hires

Commercial Production 73 $6,861,221 $149,591,664 30,569 Empire State Music and Theatrical Production 3 $2,597,248 $11,712,910 626 Film Production 164 $646,329,009 $2,928,623,886 204,576 Post-Production 85 $31,575,870 $125,327,998 1,729 Total 325 $687,363,348 $3,215,256,458 237,500

1.C EXCELSIOR JOBS PROGRAM

Industry No. of

Projects Credits Issued

Award Amount

Total Project Cost

Jobs Retained

Net New Job Commitments

Projected Total Jobs

Agribusiness and Food Processing 2 $56,662 $502,000 $10,566,665 185 55 240 Back Office 19 $10,361,886 $82,844,898 $1,289,313,808 13,168 3,809 16,977 Distribution 4 $1,786,033 $19,125,000 $242,500,000 2,991 1,957 4,948 Financial Services 1 $84,506 $750,000 $700,000 91 40 131 Manufacturing 58 $21,153,887 $100,519,062 $1,166,125,444 14,560 3,746 18,306 New Media 3 $389,103 $10,350,000 $56,371,180 653 775 1,428 Scientific R&D 5 $1,716,288 $11,203,250 $50,507,052 861 312 1,173 Software Development 4 $741,931 $6,350,000 $67,795,132 861 605 1,466 TOTAL INDUSTRY 96 $36,290,296 $231,644,210 $2,883,879,281 33,370 11,299 44,669


Appendices

18

APPENDIX 1: TAX EXPENDITURE PROGRAMS 1.A Program Projects Issued Credits Credits Issued15 Commercial Tax Credit 73 $6,861,221 Empire State Music and Theatrical Production Tax Credit 3 $2,597,248 Employee Training Incentive Program 1 $4,852 Excelsior Jobs 96 $36,290,296 Film Tax Credit (Production) 164 $646,329,009 Film Tax Credit (Post-Production) 85 $31,575,870 Jobs Retention Program 3 $8,870,869 START-UP NY 176 $5,828,582 TOTAL 601 $738,357,947

1.B ENTERTAINMENT INDUSTRY TAX CREDIT PROGRAMS Program

No. of Projects

Credits Issued

Total NY Project Cost

Project Hires

Commercial Production 73 $6,861,221 $149,591,664 30,569 Empire State Music and Theatrical Production 3 $2,597,248 $11,712,910 626 Film Production 164 $646,329,009 $2,928,623,886 204,576 Post-Production 85 $31,575,870 $125,327,998 1,729 Total 325 $687,363,348 $3,215,256,458 237,500

1.C EXCELSIOR JOBS PROGRAM

Industry No. of


Award Amount

Total Project Cost

Jobs Retained



Agribusiness and Food Processing 2 $56,662 $502,000 $10,566,665 185 55 240 Back Office 19 $10,361,886 $82,844,898 $1,289,313,808 13,168 3,809 16,977 Distribution 4 $1,786,033 $19,125,000 $242,500,000 2,991 1,957 4,948 Financial Services 1 $84,506 $750,000 $700,000 91 40 131 Manufacturing 58 $21,153,887 $100,519,062 $1,166,125,444 14,560 3,746 18,306 New Media 3 $389,103 $10,350,000 $56,371,180 653 775 1,428 Scientific R&D 5 $1,716,288 $11,203,250 $50,507,052 861 312 1,173 Software Development 4 $741,931 $6,350,000 $67,795,132 861 605 1,466 TOTAL INDUSTRY 96 $36,290,296 $231,644,210 $2,883,879,281 33,370 11,299 44,669


Appendices

19


EXCELSIOR JOBS PROGRAM continued

Region No. of


Award Amount

Total Project Cost

Jobs Retained



Capital 3 $2,888,533 $8,400,000 $116,490,195 2,306 575 2,881 Central 13 $935,935 $12,229,415 $233,493,482 1,061 836 1,897 Finger Lakes 15 $3,360,688 $19,321,051 $288,125,266 2,945 1,102 4,047 Long Island 9 $694,820 $7,946,100 $75,268,000 926 533 1,459 Mid-Hudson 11 $2,502,339 $48,995,000 $1,354,275,175 6,459 2,888 9,347 Mohawk Valley 3 $61,649 $898,000 $19,870,000 383 40 423 North Country 3 $296,001 $2,594,580 $18,205,000 550 423 973 New York City 23 $8,900,079 $66,095,340 $309,817,528 8,350 3,871 12,221 Southern Tier 5 $13,173,348 $46,349,300 $305,882,600 5,938 515 6,453 Western 11 $3,476,904 $18,815,424 $162,452,035 4,452 516 4,968 TOTAL REGION 96 $36,290,296 $231,644,210 $2,883,879,281 33,370 11,299 44,669

Appendices

20


1.D START-UP NY

Industry

No. of Projects

Total

Reported Investment

Tax Benefits Reported by

Business

Reported Personal

Income Tax Exclusion

Total Tax Benefits Claimed

New Jobs16

Net New Jobs17

Agribusiness and Food Processing 3 $76,800 $25 $1,643 $1,668 22 12 Back Office 6 $410,114 $96,666 $98,066 $194,732 44 23 Computer/Information Technology 21 $8,585,332 $15,145 $1,226,460 $1,241,605 475 355 High-Technology 20 $339,639 $6,112 $1,356,569 $1,362,681 195 165 Life Sciences 41 $4,551,043 $303,242 $853,236 $1,156,478 256 165 Manufacturing 29 $15,847,907 $433,802 $471,512 $905,314 355 249 New Media 5 $27,500 $1,500 $0 $1,500 8 3 Research and Development 20 $633,380 $55,204 $128,155 $183,359 64 43 Software Development 31 $703,227 $111,426 $669,819 $781,245 250 124

TOTAL INDUSTRY 176 $31,174,942 $1,023,122 $4,805,460 $5,828,582 1,669 1,139 Region

No. of Projects

Total

Reported Investment


Business

Reported Personal



New Jobs

Net New Jobs

Capital 30 $537,206 $136,828 $294,338 $431,166 144 101 Central 5 $1,942,113 $14,760 $64,452 $79,212 86 57 Finger Lakes 10 $6,666,341 $419,326 $647,280 $1,066,606 297 205 Long Island 11 $202,715 $1,180 $100,900 $102,080 31 27 Mid-Hudson 10 $5,602,623 $5,156 $1,245,475 $1,250,631 144 124 Mohawk Valley 4 $476,367 $1,341 $19,381 $20,722 9 6 New York City 31 $6,180,873 $331,475 $821,369 $1,152,844 194 126 North Country 5 $163,205 $2,697 $46,921 $49,618 31 20 Southern Tier 14 $3,053,954 $4,611 $83,153 $87,764 45 32 Western 56 $6,349,545 $105,748 $1,482,191 $1,587,939 688 441

TOTAL REGION 176 $31,174,942 $1,023,122 $4,805,460 $5,828,582 1,669 1,139

16 New Jobs are reported by the participating businesses that were created in the Tax-Free Area through the reporting year. 17 A net new job is a full-time job, or equivalent to a full-time job, requiring at least 35 hours of work, and is filled for more than six months during the location year for which the tax benefits are being granted.

Appendices

20


1.D START-UP NY

Industry

No. of Projects

Total

Reported Investment


Business

Reported Personal



New Jobs16

Net New Jobs17

Agribusiness and Food Processing 3 $76,800 $25 $1,643 $1,668 22 12 Back Office 6 $410,114 $96,666 $98,066 $194,732 44 23 Computer/Information Technology 21 $8,585,332 $15,145 $1,226,460 $1,241,605 475 355 High-Technology 20 $339,639 $6,112 $1,356,569 $1,362,681 195 165 Life Sciences 41 $4,551,043 $303,242 $853,236 $1,156,478 256 165 Manufacturing 29 $15,847,907 $433,802 $471,512 $905,314 355 249 New Media 5 $27,500 $1,500 $0 $1,500 8 3 Research and Development 20 $633,380 $55,204 $128,155 $183,359 64 43 Software Development 31 $703,227 $111,426 $669,819 $781,245 250 124

TOTAL INDUSTRY 176 $31,174,942 $1,023,122 $4,805,460 $5,828,582 1,669 1,139 Region

No. of Projects

Total

Reported Investment


Business

Reported Personal



New Jobs

Net New Jobs

Capital 30 $537,206 $136,828 $294,338 $431,166 144 101 Central 5 $1,942,113 $14,760 $64,452 $79,212 86 57 Finger Lakes 10 $6,666,341 $419,326 $647,280 $1,066,606 297 205 Long Island 11 $202,715 $1,180 $100,900 $102,080 31 27 Mid-Hudson 10 $5,602,623 $5,156 $1,245,475 $1,250,631 144 124 Mohawk Valley 4 $476,367 $1,341 $19,381 $20,722 9 6 New York City 31 $6,180,873 $331,475 $821,369 $1,152,844 194 126 North Country 5 $163,205 $2,697 $46,921 $49,618 31 20 Southern Tier 14 $3,053,954 $4,611 $83,153 $87,764 45 32 Western 56 $6,349,545 $105,748 $1,482,191 $1,587,939 688 441

TOTAL REGION 176 $31,174,942 $1,023,122 $4,805,460 $5,828,582 1,669 1,139

16 New Jobs are reported by the participating businesses that were created in the Tax-Free Area through the reporting year. 17 A net new job is a full-time job, or equivalent to a full-time job, requiring at least 35 hours of work, and is filled for more than six months during the location year for which the tax benefits are being granted.

98 99

APPENDIX 2: LOANS AND GRANTS PROGRAMSAppendices

21

APPENDIX 2: LOANS AND GRANTS PROGRAMS 2.A Program Number of Projects Amount Disbursed

Buffalo Regional Innovation Center 17 $51,768,835 Community Development Financial Institutions 42 $2,079,053 Dedicated Capital Projects Funding 30 $31,560,447 Department of State Office for New Americans 5 $9,750 Downstate Revitalization Fund 1 $68,583 Economic Development Fund 39 $21,881,735 Economic Development Purposes Fund 11 $1,573,511 Economic Transformation Program 5 $6,664,362 Electric Generation Facility Cessation Mitigation Program 2 $3,739,352 Entrepreneurial Assistance Program 49 $1,964,972 Hurricane Irene/Tropical Storm Lee Business Flood Recovery 9 $1,691,573 Innovation Venture Capital Fund 10 $7,880,000 Military Base Retention & Research 12 $1,336,791 Minority and Women Business Development and Lending Program 1 $196,875 Minority and Women Revolving Loan Trust Fund 1 $20,000 Misc. Community and Local Development Projects 37 $8,065,876 New Era Field Capital (Buffalo Bills) 1 $2,110,046 New Farmers Grant Fund 16 $416,998 New NY Broadband Program 28 $14,345,441 New York Works Economic Development Fund 17 $49,529,462 NYS Life Sciences Initiative Fund 1 $9,500,000 Port Authority Transportation, Economic Development and Infrastructure Fund 1 $470,273

Regional Council Capital Fund 73 $54,979,857 Regional Revolving Loan Trust Fund 2 $43,500 Restore NY 12 $11,797,099 Small Business Revolving Loan Trust Fund 1 $116,666 SUNY Polytechnic Institute 9 $197,727,348 Transformative Economic Development Program 1 $1,500,000 Upstate City by City 4 $2,393,973 Upstate Regional Blueprint 1 $754,053 Upstate Revitalization Initiative 8 $103,746,839 Urban and Community Development Program 20 $2,287,978 World Trade Center Job Creation and Retention Program 2 $1,573,000

TOTAL 468 $593,794,248

Appendices

22

APPENDIX 2: LOANS AND GRANTS PROGRAMS

Job Retention and Creation

2.B ECONOMIC DEVELOPMENT FUND

Industry No. of

Projects Amt

Disbursed Award

Amount Total Project

Cost Jobs

Retained Net New Job

Commitments


Agr/Forestry/Fishing/Hunting 3 $602,583 $1,477,583 $12,001,628 90 12 102 Arts, Entertain/Rec 1 $1,000,000 $4,000,000 $49,328,428 100 200 300 Chemical Mfg 1 $600,000 $600,000 $20,046,000 565 30 595 Comp Sys Design 1 $18,750 $75,000 $549,420 20 30 50 Educational Svcs 1 $500,000 $500,000 $1,213,074 14 4 18 Elec Equip/Appliance Mfg 2 $485,000 $810,000 $3,378,000 345 28 373 Fabricated Metal Products 2 $825,000 $950,000 $9,740,754 197 35 232 Food Mfg 3 $750,000 $1,200,000 $40,908,000 1,280 34 1,314 Furniture/Related Mfg 1 $87,500 $350,000 $1,439,213 372 0 372 Machinery Mfg 3 $227,500 $705,000 $26,721,000 447 60 507 Medical Equip/Supplies Mfg 1 $1,000,000 $1,000,000 $45,000,000 1,068 0 1,068 Mgmt of Companies 2 $827,500 $990,000 $10,120,750 221 21 242 Misc Mfg 6 $815,131 $2,200,000 $55,597,335 457 70 527 Primary Metal Mfg 1 $3,000,000 $20,600,000 $20,600,000 0 0 0 Printing/Rel Supp Activities 1 $500,000 $2,500,000 $10,750,000 469 39 508 Grantmaking/Civic/Prof Orgs 1 $25,000 $100,000 $817,000 59 13 72 Textile Mills 1 $100,000 $200,000 $2,206,727 149 7 156 Transportation/Warehousing 2 $5,650,000 $17,650,000 $49,845,774 250 0 250

TOTAL INDUSTRY 33 $17,013,964 $55,907,583 $360,263,103 6,103 583 6,686

Region No. of

Projects Amt

Disbursed Award


Cost Jobs

Retained Net New Job

Commitments


Capital 1 $50,000 $100,000 $1,010,000 11 35 46 Central 1 $160,000 $160,000 $1,603,000 193 25 218 Finger Lakes 4 $1,321,250 $2,180,000 $54,100,420 1,149 55 1,204 Long Island 3 $401,714 $677,583 $5,556,374 155 62 217 Mid-Hudson 6 $3,950,000 $5,500,000 $84,025,790 823 29 852 Mohawk Valley 4 $1,425,000 $3,850,000 $15,944,801 784 53 837 New York City 4 $4,112,500 $19,450,000 $98,780,415 781 213 994 North Country 2 $3,100,000 $21,000,000 $34,600,000 709 34 743 Southern Tier 1 $125,000 $250,000 $4,976,754 101 20 121 Western 7 $2,368,500 $2,740,000 $59,665,549 1,397 57 1,454

TOTAL REGION 33 $17,013,964 $55,907,583 $360,263,103 6,103 583 6,686

100 101


23

APPENDIX 2: LOAN AND GRANT PROGRAMS


2.C ECONOMIC DEVELOPMENT PURPOSES FUND Industry

No. of Projects

Amt Disbursed

Award Amount

Total Project Cost

Jobs Retained



Food Mfg 1 $125,000 $1,500,000 $44,400,896 130 78 208 Plastics/Rubber Prod Mfg 1 $100,000 $400,000 $15,000,000 150 0 150

TOTAL INDUSTRY 2 $225,000 $1,900,000 $59,400,896 280 78 358 Region

No. of Projects

Amt Disbursed

Award Amount

Total Project Cost

Jobs Retained



Central 1 $125,000 $1,500,000 $44,400,896 130 78 208 Southern Tier 1 $100,000 $400,000 $15,000,000 150 0 150

TOTAL REGION 2 $225,000 $1,900,000 $59,400,896 280 78 358

2.D NEW YORK WORKS ECONOMIC DEVELOPMENT FUND Industry

No. of Projects

Amt Disbursed

Award Amount

Total Project Cost

Jobs Retained



Fabricated Metal Product 1 $1,500,000 $1,500,000 $10,935,000 155 30 185 Food Mfg 1 $3,884,868 $20,000,000 $40,000,000 871 125 996 Plastics/Rubber Prod Mfg 1 $10,000,000 $10,000,000 $31,667,000 808 50 858 Primary Metal Mfg 1 $9,737,585 $23,000,000 $23,000,000 600 0 600

TOTAL INDUSTRY 4 $25,122,453 $54,500,000 $105,602,000 2,434 205 2,639 Region

No. of Projects

Amt Disbursed

Award Amount

Total Project Cost

Jobs Retained



Central 2 $11,500,000 $11,500,000 $42,602,000 963 80 1,043 North Country 2 $13,622,453 $43,000,000 $63,000,000 1,471 125 1,596

TOTAL REGION 4 $25,122,453 $54,500,000 $105,602,000 2,434 205 2,639

2.E REGIONAL COUNCIL CAPITAL FUND Industry

No. of Projects

Amt Disbursed

Award Amount

Total Project Cost

Jobs Retained



Accommodation 2 $1,710,000 $2,030,000 $22,541,351 0 50 50 Agr/Forestry/Fishing/Hunting 1 $300,000 $300,000 $1,782,237 8 10 18 Educational Svcs 1 $2,500,000 $2,500,000 $15,000,000 0 8 8 Fabricated Metal Product Mfg 1 $223,000 $223,000 $1,115,000 25 5 30 Food Mfg 2 $101,000 $304,000 $1,649,175 6 15 21 Misc Mfg 2 $775,000 $1,100,000 $9,032,519 107 42 149 Motion Pic/Sound Recording 1 $1,440,000 $1,600,000 $17,579,955 0 16 16 Other Profess/Scient/Tech Svcs 1 $100,000 $100,000 $348,000 51 10 61 Transport Equip Mfg 1 $200,000 $200,000 $1,500,000 0 6 6

TOTAL INDUSTRY 12 $7,349,000 $8,357,000 $70,548,237 197 162 359

Appendices

24



REGIONAL COUNCIL CAPITAL FUND continued Region

No. of Projects

Amt Disbursed

Award Amount

Total Project Cost

Jobs Retained



Capital 1 $50,000 $100,000 $511,000 6 7 13 Central 1 $960,000 $1,280,000 $10,491,351 0 28 28 Finger Lakes 1 $750,000 $750,000 $12,050,000 0 22 22 Long Island 2 $2,600,000 $2,700,000 $17,075,800 49 13 62 Mid-Hudson 2 $351,000 $504,000 $2,920,412 8 18 26 New York City 2 $1,540,000 $1,700,000 $17,927,955 51 26 77 North Country 1 $200,000 $200,000 $1,500,000 0 6 6 Southern Tier 2 $898,000 $1,123,000 $8,071,719 83 42 125

TOTAL REGION 12 $7,349,000 $8,357,000 $70,548,237 197 162 359

2.F UPSTATE REGIONAL BLUEPRINT Industry

No. of Projects

Amt Disbursed

Award Amount

Total Project Cost

Jobs Retained



Misc Mfg 1 $754,053 $1,000,000 $28,977,466 78 4 82 TOTAL INDUSTRY 1 $754,053 $1,000,000 $28,977,466 78 4 82

Region

No. of Projects

Amt Disbursed

Award Amount

Total Project Cost

Jobs Retained



Western 1 $754,053 $1,000,000 $28,977,466 78 4 82 TOTAL REGION 1 $754,053 $1,000,000 $28,977,466 78 4 82

2.G UPSTATE REVITALIZATION INITIATIVE Industry

No. of Projects

Amt Disbursed

Award Amount

Total Project Cost

Jobs Retained



Health Care/Social Assist 1 $540,000 $3,000,000 $6,000,000 177 57 234 Grantmaking/Civic/Prof Orgs 1 $300,000 $1,500,000 $5,956,000 0 12 12

TOTAL INDUSTRY 2 $840,000 $4,500,000 $11,956,000 177 69 246 Region

No. of Projects

Amt Disbursed

Award Amount

Total Project Cost

Jobs Retained



Finger Lakes 2 $840,000 $4,500,000 $11,956,000 177 69 246 TOTAL REGION 2 $840,000 $4,500,000 $11,956,000 177 69 246

102 103


25



2.H URBAN AND COMMUNITY DEVELOPMENT PROGRAM Industry

No. of Projects

Amt Disbursed

Award Amount

Total Project Cost

Jobs Retained



Food Mfg 1 $1,000,000 $9,000,000 $185,185,238 1,949 946 2,895 Misc Mfg 1 $378,676 $1,250,000 $8,750,000 0 0 0

TOTAL INDUSTRY 2 $1,378,676 $10,250,000 $193,935,238 1,949 946 2,895 Region

No. of Projects

Amt Disbursed

Award Amount

Total Project Cost

Jobs Retained



New York City 2 $1,378,676 $10,250,000 $193,935,238 1,949 946 2,895 TOTAL REGION 2 $1,378,676 $10,250,000 $193,935,238 1,949 946 2,895

2.I WORLD TRADE CENTER JOB CREATION AND RETENTION PROGRAM Industry

No. of Projects

Amt Disbursed

Award Amount

Total Project Cost

Jobs Retained



Computer/Electronic Product 1 $918,000 $1,800,000 $1,800,000 403 150 553 Mgmt, Sci/Tech Consulting 1 $655,000 $836,500 $836,500 206 33 239

TOTAL INDUSTRY 2 $1,573,000 $2,636,500 $2,636,500 609 183 792 Region

No. of Projects

Amt Disbursed

Award Amount

Total Project Cost

Jobs Retained



New York City 2 $1,573,000 $2,636,500 $2,636,500 609 183 792 TOTAL REGION 2 $1,573,000 $2,636,500 $2,636,500 609 183 792

Appendices

26


Infrastructure Development and Capacity Building

2.J BUFFALO REGIONAL INNOVATION CLUSTER Industry

No. of Projects

Amt Disbursed

Award Amount

Total Project Cost

Arts, Entertain/Rec 1 $5,000,000 $5,000,000 $14,204,021 Health Care/Social Assist 1 $5,000,000 $15,000,000 $212,735,488 Mgmt, Sci/Tech Consulting 1 $1,318,000 $5,300,000 $5,300,000 Other Profess/Scient/Tech 6 $11,716,519 $29,389,460 $33,189,460 Public Admin/Gov 4 $7,577,683 $18,874,000 $18,874,000 Real Estate/Rental 2 $17,056,633 $33,069,650 $33,069,650 Grantmaking/Civic/Prof Orgs 1 $100,000 $100,000 $8,368,716 Scientific R&D 1 $4,000,000 $4,000,000 $4,000,000

TOTAL INDUSTRY 17 $51,768,835 $110,733,110 $329,741,335 Region

No. of Projects

Amt Disbursed

Award Amount

Total Project Cost

Finger Lakes 1 $16,995,583 $33,000,000 $33,000,000 Western 16 $34,773,252 $77,733,110 $296,741,335

TOTAL REGION 17 $51,768,835 $110,733,110 $329,741,335

2.K COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION PROGRAM Industry

No. of Projects

Amt Disbursed

Award Amount

Total Project Cost

Public Admin/Gov 42 $2,079,053 $3,636,706 $3,636,706 TOTAL INDUSTRY 42 $2,079,053 $3,636,706 $3,636,706

Region

No. of Projects

Amt Disbursed

Award Amount

Total Project Cost

Capital 4 $191,243 $378,486 $378,486 Finger Lakes 2 $87,500 $175,000 $175,000 Long Island 3 $60,110 $130,220 $130,220 Mid-Hudson 2 $132,500 $175,000 $175,000 New York City 24 $1,235,200 $2,098,000 $2,098,000 North Country 2 $62,500 $125,000 $125,000 Southern Tier 2 $170,000 $340,000 $340,000 Western 3 $140,000 $215,000 $215,000

TOTAL REGION 42 $2,079,053 $3,636,706 $3,636,706

104 105


27



2.L DEPARTMENT OF STATE OFFICE FOR NEW AMERICANS Industry

No. of Projects

Amt Disbursed

Award Amount

Total Project Cost

Public Admin/Gov 5 $9,750 $27,000 $27,000 TOTAL INDUSTRY 5 $9,750 $27,000 $27,000

Region

No. of Projects

Amt Disbursed

Award Amount

Total Project Cost

Capital 1 $750 $2,250 $2,250 Long Island 1 $1,500 $4,500 $4,500 Mid-Hudson 1 $1,500 $6,750 $6,750 New York City 2 $6,000 $13,500 $13,500

TOTAL REGION 5 $9,750 $27,000 $27,000

2.M DOWNSTATE REVITALIZATION FUND Industry

No. of Projects

Amt Disbursed

Award Amount

Total Project Cost

Arts, Entertain/Rec 1 $68,583 $1,248,132 $8,300,000 TOTAL INDUSTRY 1 $68,583 $1,248,132 $8,300,000

Region

No. of Projects

Amt Disbursed

Award Amount

Total Project Cost

Mid-Hudson 1 $68,583 $1,248,132 $8,300,000 TOTAL REGION 1 $68,583 $1,248,132 $8,300,000

2.N ECONOMIC DEVELOPMENT FUND Industry

No. of Projects

Amt Disbursed

Award Amount

Total Project Cost

Other Profess/Scient/Tech Svcs 4 $4,619,894 $9,180,270 $8,660,540 Grantmaking/Civic/Prof Orgs 1 $9,168 $62,000 $126,102 Warehouse/Storage 1 $238,709 $250,000 $2,370,315


No. of Projects

Amt Disbursed

Award Amount

Total Project Cost

Capital 1 $238,709 $250,000 $2,370,315 Central 3 $3,568,592 $5,662,000 $5,126,102 North Country 2 $1,060,470 $3,580,270 $3,660,540

TOTAL REGION 6 $4,867,771 $9,492,270 $11,156,957

Appendices

28



2.O ECONOMIC DEVELOPMENT PURPOSES FUND Industry

No. of Projects

Amt Disbursed

Award Amount

Total Project Cost

Arts, Entertain/Rec 1 $421,031 $2,020,000 $2,244,500 Educational Svcs 3 $244,740 $2,636,000 $10,554,921 Profess/Scient/Tech Svcs 3 $221,478 $222,500 $702,704 Real Estate/Rental/Leasing 1 $412,658 $620,000 $620,000 Grantmaking/Civic/Prof Orgs 1 $48,604 $100,000 $100,000


No. of Projects

Amt Disbursed

Award Amount

Total Project Cost

Capital 1 $202,768 $2,036,000 $9,335,328 Central 2 $148,604 $200,000 $322,435 Long Island 1 $21,478 $22,500 $25,000 Mid-Hudson 1 $9,865 $100,000 $110,000 North Country 1 $412,658 $620,000 $620,000 Southern Tier 1 $100,000 $100,000 $455,269 Western 2 $453,138 $2,520,000 $3,354,093

TOTAL REGION 9 $1,348,511 $5,598,500 $14,222,125

2.P ECONOMIC TRANSFORMATION PROGRAM

Industry No. of

Projects Amt

Disbursed Award


Cost Other Profess/Scient/Tech Svcs 1 $334,318 $350,000 $3,544,000 Public Admin/Gov 3 $5,830,044 $17,600,000 $28,278,000 Real Estate/Rental/Leasing 1 $500,000 $3,000,000 $7,553,347

TOTAL INDUSTRY 5 $6,664,362 $20,950,000 $39,375,347

Region No. of

Projects Amt

Disbursed Award Amount

Total Project Cost

Mid-Hudson 1 $500,000 $3,000,000 $7,553,347 Mohawk Valley 4 $6,164,362 $17,950,000 $31,822,000

TOTAL REGION 5 $6,664,362 $20,950,000 $39,375,347

2.Q ELECTRIC GENERATION FACILTY CESSATION MITIGATION PROGRAM Industry

No. of Projects

Amt Disbursed

Award Amount

Total Project Cost


Region

No. of Projects

Amt Disbursed

Award Amount

Total Project Cost

Western 2 $3,739,352 $4,012,998 $4,012,998 TOTAL REGION 2 $3,739,352 $4,012,998 $4,012,998

Appendices

28



2.O ECONOMIC DEVELOPMENT PURPOSES FUND Industry

No. of Projects

Amt Disbursed

Award Amount

Total Project Cost

Arts, Entertain/Rec 1 $421,031 $2,020,000 $2,244,500 Educational Svcs 3 $244,740 $2,636,000 $10,554,921 Profess/Scient/Tech Svcs 3 $221,478 $222,500 $702,704 Real Estate/Rental/Leasing 1 $412,658 $620,000 $620,000 Grantmaking/Civic/Prof Orgs 1 $48,604 $100,000 $100,000


No. of Projects

Amt Disbursed

Award Amount

Total Project Cost

Capital 1 $202,768 $2,036,000 $9,335,328 Central 2 $148,604 $200,000 $322,435 Long Island 1 $21,478 $22,500 $25,000 Mid-Hudson 1 $9,865 $100,000 $110,000 North Country 1 $412,658 $620,000 $620,000 Southern Tier 1 $100,000 $100,000 $455,269 Western 2 $453,138 $2,520,000 $3,354,093

TOTAL REGION 9 $1,348,511 $5,598,500 $14,222,125

2.P ECONOMIC TRANSFORMATION PROGRAM

Industry No. of

Projects Amt

Disbursed Award


Cost Other Profess/Scient/Tech Svcs 1 $334,318 $350,000 $3,544,000 Public Admin/Gov 3 $5,830,044 $17,600,000 $28,278,000 Real Estate/Rental/Leasing 1 $500,000 $3,000,000 $7,553,347

TOTAL INDUSTRY 5 $6,664,362 $20,950,000 $39,375,347

Region No. of

Projects Amt


Total Project Cost

Mid-Hudson 1 $500,000 $3,000,000 $7,553,347 Mohawk Valley 4 $6,164,362 $17,950,000 $31,822,000

TOTAL REGION 5 $6,664,362 $20,950,000 $39,375,347

2.Q ELECTRIC GENERATION FACILITY CESSATION MITIGATION PROGRAM Industry

No. of Projects

Amt Disbursed

Award Amount

Total Project Cost


Region

No. of Projects

Amt Disbursed

Award Amount

Total Project Cost


106 107


29



2.R ENTREPRENEURIAL ASSISTANCE PROGRAM Industry

No. of Projects

Amt Disbursed

Award Amount

Total Project Cost


Region

No. of Projects

Amt Disbursed

Award Amount

Total Project Cost

Capital 2 $81,183 $162,365 $162,365 Central 4 $150,872 $292,365 $292,365 Finger Lakes 3 $130,527 $250,365 $250,365 Long Island 6 $219,621 $454,730 $454,730 Mid-Hudson 4 $162,364 $324,730 $324,730 Mohawk Valley 2 $81,168 $162,365 $162,365 New York City 18 $733,324 $1,409,225 $1,409,225 North Country 2 $81,183 $162,365 $162,365 Southern Tier 4 $162,365 $324,730 $324,730 Western 4 $162,365 $324,730 $324,730

TOTAL REGION 49 $1,964,972 $3,867,970 $3,867,970

2.S INNOVATION VENTURE CAPITAL FUND Industry

No. of Projects

Amt Disbursed

Award Amount

Total Project Cost

Comp Sys Design/Related Svcs 1 $500,000 $1,750,000 $1,750,000 Custom Computer Programming Svcs 2 $750,000 $1,000,000 $1,000,000 Manufacturing 1 $1,000,000 $1,000,000 $1,000,000 Scientific R&D 6 $5,630,000 $9,075,000 $9,075,000


No. of Projects

Amt Disbursed

Award Amount

Total Project Cost

Capital 1 $1,000,000 $1,000,000 $1,000,000 Finger Lakes 1 $1,750,000 $1,750,000 $1,750,000 New York City 7 $4,130,000 $9,075,000 $9,075,000 Western 1 $1,000,000 $1,000,000 $1,000,000

TOTAL REGION 10 $7,880,000 $12,825,000 $12,825,000

2.T MINORITY AND WOMEN BUSINESS DEVELOPMENT AND LENDING PROGRAM

Industry No. of

Projects Amt


Total Project Cost


Region No. of

Projects Amt


Total Project Cost

Capital 1 $196,875 $562,500 $562,500 TOTAL REGION 1 $196,875 $562,500 $562,500

Appendices

30



2.U MINORITY AND WOMEN REVOLVING LOAN TRUST FUND Industry

No. of Projects

Amt Disbursed

Award Amount

Total Project Cost


Region

No. of Projects

Amt Disbursed

Award Amount

Total Project Cost

Central 1 $20,000 $147,500 $147,500 TOTAL REGION 1 $20,000 $147,500 $147,500

2.V NEW FARMERS GRANT FUND Industry

No. of Projects

Amt Disbursed

Award Amount

Total Project Cost

Agr/Forestry/Fishing/Hunting 16 $416,998 $432,905 $865,810 TOTAL INDUSTRY 16 $416,998 $432,905 $865,810

Region

No. of Projects

Amt Disbursed

Award Amount

Total Project Cost

Capital 2 $35,367 $36,132 $72,264 Central 4 $104,445 $108,303 $216,606 Finger Lakes 1 $22,064 $24,788 $49,576 Mid-Hudson 2 $42,017 $42,017 $84,034 Mohawk Valley 1 $28,645 $28,645 $57,290 North Country 4 $120,362 $128,382 $256,764 Western 2 $64,098 $64,638 $129,276

TOTAL REGION 16 $416,998 $432,905 $865,810

2.W NEW NY BROADBAND PROGRAM Industry

No. of Projects

Amt Disbursed

Award Amount

Total Project Cost

Telecomm Carrier/Svcs 28 $14,345,441 $85,312,526 $98,187,317 TOTAL INDUSTRY 28 $14,345,441 $85,312,526 $98,187,317

Region

No. of Projects

Amt Disbursed

Award Amount

Total Project Cost

Capital 8 $1,403,232 $19,753,755 $21,109,109 Mohawk Valley 6 $5,693,627 $30,737,674 $34,376,898 North Country 3 $2,117,508 $6,137,995 $6,967,197 Southern Tier 11 $5,131,074 $28,683,102 $35,734,113

TOTAL REGION 28 $14,345,441 $85,312,526 $98,187,317

108 109


31



2.X NEW YORK WORKS ECONOMIC DEVELOPMENT FUND Industry

No. of Projects

Amt Disbursed

Award Amount

Total Project Cost

Arts, Entertain/Rec 2 $4,407,696 $2,712,696 $5,202,696 Public Admin/Gov 1 $1,030,848 $5,000,000 $10,000,000 Real Estate/Rental/Leasing 1 $13,144,428 $16,500,000 $306,003,992 Telecomm Carrier/Svcs 9 $5,824,037 $13,249,595 $17,509,594


No. of Projects

Amt Disbursed

Award Amount

Total Project Cost

Multiple 1 $1,030,848 $5,000,000 $10,000,000 Capital 1 $570,760 $2,042,177 $2,703,901 Central 1 $1,712,696 $1,712,696 $1,712,696 Finger Lakes 1 $2,035,761 $2,407,049 $3,008,810 Mohawk Valley 1 $195,000 $1,000,000 $3,490,000 New York City 1 $15,644,428 $16,500,000 $306,003,992 North Country 3 $1,771,267 $4,515,551 $4,826,075 Southern Tier 1 $233,255 $1,800,000 $3,864,000 Western 3 $1,212,994 $2,484,818 $3,106,808

TOTAL REGION 13 $24,407,009 $37,462,291 $338,716,282

2.Y NYS LIFE SCIENCES INITIATIVE FUND Industry

No. of Projects

Amt Disbursed

Award Amount

Total Project Cost

Scientific R&D 1 $9,500,000 $17,000,000 $17,000,000 TOTAL INDUSTRY 1 $9,500,000 $17,000,000 $17,000,000

Region

No. of Projects

Amt Disbursed

Award Amount

Total Project Cost

New York City 1 $9,500,000 $17,000,000 $17,000,000 TOTAL REGION 1 $9,500,000 $17,000,000 $17,000,000

Appendices

32



2.Z REGIONAL COUNCIL CAPITAL FUND Industry

No. of Projects

Amt Disbursed

Award Amount

Total Project Cost

Agr/Forestry/Fishing/Hunting 3 $550,000 $2,050,000 $7,500,000 Arts, Entertain/Rec 10 $5,218,796 $5,982,667 $70,515,580 Comp Sys Design/Related Svcs 1 $1,000,000 $1,000,000 $1,200,000 Educational Svcs 6 $3,175,000 $3,225,000 $22,450,128 Funds/Trusts/Financ Products 2 $575,000 $1,450,000 $5,000,000 Health Care/Social Assist 1 $1,000,000 $1,000,000 $4,857,665 Optical Products Manufacturing 1 $400,000 $400,000 $1,227,350 Profess/Scient/Tech Svcs 2 $114,900 $207,000 $600,000 Public Admin/Gov 17 $10,523,944 $32,527,900 $71,542,914 Real Estate/Rental 13 $14,698,243 $19,960,710 $99,995,225 Scientific R&D 2 $5,460,494 $6,100,000 $16,055,485 Telecomm Carrier/Svcs 3 $4,914,480 $8,220,520 $19,894,540


No. of Projects

Amt Disbursed

Award Amount

Total Project Cost

Capital 3 $650,000 $1,000,000 $5,326,775 Central 8 $5,629,032 $5,886,000 $36,754,670 Finger Lakes 9 $5,925,000 $9,000,000 $36,504,701 Long Island 3 $2,600,000 $3,300,000 $14,345,000 Mid-Hudson 2 $352,878 $2,250,000 $12,918,215 Mohawk Valley 5 $6,400,241 $8,910,710 $23,913,325 New York City 2 $4,629,751 $4,820,520 $778,540 North Country 8 $3,380,746 $15,127,500 $30,454,074 Southern Tier 9 $11,289,244 $22,896,400 $75,870,500 Western 12 $6,773,965 $8,932,667 $83,973,087

TOTAL REGION 61 $47,630,857 $82,123,797 $320,838,887

2.AA REGIONAL REVOLVING LOAN TRUST FUND Industry

No. of Projects

Amt Disbursed

Award Amount

Total Project Cost

Grantmaking/Civic/Prof Orgs 2 $43,500 $240,000 $865,000 TOTAL INDUSTRY 2 $43,500 $240,000 $865,000

Region

No. of Projects

Amt Disbursed

Award Amount

Total Project Cost

Central 1 $15,000 $200,000 $200,000 New York City 1 $28,500 $40,000 $665,000

TOTAL REGION 2 $43,500 $240,000 $865,000

110 111


33



2.BB RESTORE NY Industry

No. of Projects

Amt Disbursed

Award Amount

Total Project Cost

Accommodation 1 $1,100,000 $1,750,000 $1,750,000 Public Admin/Gov 7 $5,768,868 $9,539,796 $28,621,353 Real Estate/Rental 4 $4,928,231 $14,794,000 $41,006,649


No. of Projects

Amt Disbursed

Award Amount

Total Project Cost

Capital 1 $45,056 $650,000 $1,076,574 Central 2 $2,400,000 $3,050,000 $6,431,946 Finger Lakes 1 $420,994 $2,500,000 $3,604,444 Long Island 1 $1,750,000 $2,500,000 $16,286,000 Mid-Hudson 1 $543,400 $5,434,000 $13,618,980 Mohawk Valley 2 $1,435,692 $3,567,655 $4,492,950 New York City 1 $1,202,141 $1,202,141 $841,066 Southern Tier 1 $465,000 $1,860,000 $5,180,000 Western 2 $3,534,816 $5,320,000 $19,846,042

TOTAL REGION 12 $11,797,099 $26,083,796 $71,378,002

2.CC SMALL BUSINESS REVOLVING LOAN TRUST FUND Industry

No. of Projects

Amt Disbursed

Award Amount

Total Project Cost

Grantmaking/Civic/Prof Orgs 1 $116,666 $350,000 $350,000 TOTAL INDUSTRY 1 $116,666 $350,000 $350,000

Region

No. of Projects

Amt Disbursed

Award Amount

Total Project Cost

New York City 1 $116,666 $350,000 $350,000 TOTAL REGION 1 $116,666 $350,000 $350,000

2.DD UPSTATE REVITALIZATION INITIATIVE Industry

No. of Projects

Amt Disbursed

Award Amount

Total Project Cost

Computer/Electronic Product Mfg 3 $73,906,839 $167,123,421 $192,123,421 Other Profess/Scient/Tech Svcs 1 $2,000,000 $10,000,000 $10,000,000 Real Estate/Rental 1 $6,000,000 $6,000,000 $35,000,000 Scientific R&D 1 $21,000,000 $70,000,000 $90,000,000


No. of Projects

Amt Disbursed

Award Amount

Total Project Cost

Central 1 $21,000,000 $70,000,000 $90,000,000 Finger Lakes 3 $73,173,421 $157,123,421 $157,123,421 Southern Tier 2 $8,733,418 $26,000,000 $80,000,000

TOTAL REGION 6 $102,906,839 $253,123,421 $327,123,421

Appendices

34



2.EE URBAN AND COMMUNITY DEVELOPMENT PROGRAM Industry

No. of Projects

Amt Disbursed

Award Amount

Total Project Cost

Educational Svcs 1 $25,000 $25,000 $159,267 Public Admin/Gov 12 $401,574 $618,050 $1,122,869 Real Estate/Rental 1 $285,076 $993,465 $993,465 Grantmaking/Civic/Prof Orgs 4 $197,652 $575,000 $260,000

TOTAL INDUSTRY 18 $909,302 $2,211,515 $2,535,601 Region

No. of Projects

Amt Disbursed

Award Amount

Total Project Cost

Multiple 1 $285,076 $993,465 $993,465 Capital 3 $175,152 $552,500 $162,500 Central 1 $30,000 $30,000 $30,000 Finger Lakes 1 $15,000 $15,000 $40,000 Long Island 1 $25,000 $25,000 $68,700 Mid-Hudson 2 $85,000 $85,000 $279,267 Mohawk Valley 3 $97,252 $103,000 $208,011 New York City 2 $140,976 $350,000 $600,000 North Country 1 $18,296 $20,000 $45,000 Southern Tier 1 $5,000 $5,000 $7,000 Western 2 $32,550 $32,550 $101,658

TOTAL REGION 18 $909,302 $2,211,515 $2,535,601

112 113


35


Dedicated Funds/Special Appropriations – Job Retention and Creation

2.FF DEDICATED CAPITAL PROJECTS FUNDING Industry

No. of Projects

Amt Disbursed

Award Amount

Total Project Cost

Jobs Retained


Total Jobs

Misc Mfg 1 $11,100 $485,500,000 $959,000,000 0 5,000 5,000 Pharmaceutical/Drug Mfg 1 $4,485,154 $200,000,000 $200,000,000 0 450 450

TOTAL INDUSTRY 2 $4,496,254 $685,500,000 $1,159,000,000 0 5,450 5,450 Region

No. of Projects

Amt Disbursed

Award Amount

Total Project Cost

Jobs Retained


Total Jobs

Western 2 $4,496,254 $685,500,000 $1,159,000,000 0 5,450 5,450 TOTAL REGION 2 $4,496,254 $685,500,000 $1,159,000,000 0 5,450 5,450

2.GG PORT AUTHORITY TRANSPORTATION, ECONOMIC DEVELOPMENT AND INFRASTRUCTURE RENEWAL Industry

No. of Projects

Amt Disbursed

Award Amount

Total Project Cost

Jobs Retained


Total Jobs

Misc Mfg 1 $470,273 $2,000,000 $19,855,804 5 8 13 TOTAL INDUSTRY 1 $470,273 $2,000,000 $19,855,804 5 8 13

Region

No. of Projects

Amt Disbursed

Award Amount

Total Project Cost

Jobs Retained


Total Jobs

New York City 1 $470,273 $2,000,000 $19,855,804 5 8 13 TOTAL REGION 1 $470,273 $2,000,000 $19,855,804 5 8 13

Appendices

36


Dedicated Funds/Special Appropriations – Infrastructure Development and Capacity Building

2.HH DEDICATED CAPITAL PROJECT FUNDING Industry

No. of Projects

Amt Disbursed

Award Amount

Total Project Cost

Arts, Entertain/Rec 6 $3,066,284 $11,100,000 $18,812,088 Educational Svcs 7 $5,424,408 $51,750,000 $171,616,750 Health Care/Social Assist 1 $454,249 $6,000,000 $6,000,000 Profess/Scient/Tech Svcs 1 $65,756 $6,000,000 $56,500,000 Public Admin/Gov 6 $2,602,352 $8,753,000 $18,702,553 Real Estate/Rental/Leasing 2 $4,851,413 $4,851,413 $4,851,413 Grantmaking/Civic/Prof Orgs 1 $100,000 $100,000 $100,000 Scientific R&D 4 $10,499,731 $77,500,000 $138,250,000


No. of Projects

Amt Disbursed

Award Amount

Total Project Cost

Capital 1 $2,000,000 $2,000,000 $2,000,000 Central 2 $5,068,655 $7,251,413 $13,051,416 Finger Lakes 1 $350,000 $500,000 $500,000 Long Island 2 $521,000 $640,000 $1,202,050 Mid-Hudson 2 $357,189 $3,500,000 $10,005,000 Mohawk Valley 2 $515,468 $10,650,000 $12,631,000 New York City 10 $6,792,052 $109,600,000 $340,657,088 North Country 4 $9,085,015 $20,800,000 $21,860,250 Southern Tier 1 $100,000 $100,000 $100,000 Western 3 $2,274,814 $11,013,000 $12,826,000

TOTAL REGION 28 $27,064,193 $166,054,413 $414,832,804

2.II HURRICANE IRENE - TROPICAL STORM LEE BUSINESS FLOOD RECOVERY Industry

No. of Projects

Amt Disbursed

Award Amount

Total Project Cost


Region

No. of Projects

Amt Disbursed

Award Amount

Total Project Cost

Capital 4 $576,160 $1,565,427 $2,925,180 Mohawk Valley 3 $474,915 $6,019,880 $25,370,690 North Country 1 $207,664 $500,000 $2,266,000 Southern Tier 1 $432,834 $673,430 $2,405,223

TOTAL REGION 9 $1,691,573 $8,758,737 $32,967,093

114 115


37



2.JJ MILITARY BASE RETENTION & RESEARCH Industry

No. of Projects

Amt Disbursed

Award Amount

Total Project Cost

Health Care/Social Assist 4 $424,780 $424,780 $476,240 Internet 1 $108,895 $600,000 $600,000 Other Profess/Scient/Tech Svcs 1 $179,214 $500,000 $500,000 Public Admin/Gov 1 $19,850 $100,000 $100,000 Real Estate/Rental/Leasing 1 $141,729 $1,050,000 $1,050,000 Grantmaking/Civic/Prof Orgs 4 $462,323 $1,400,000 $1,470,000


No. of Projects

Amt Disbursed

Award Amount

Total Project Cost

Central 2 $199,064 $600,000 $600,000 Mohawk Valley 4 $430,805 $2,650,000 $2,650,000 North Country 6 $706,922 $824,780 $946,240

TOTAL REGION 12 $1,336,791 $4,074,780 $4,196,240

2.KK MISC. COMMUNITY AND LOCAL DEVELOPMENT PROJECTS Industry

No. of Projects

Amt Disbursed

Award Amount

Total Project Cost

Educational Svcs 2 $270,814 $270,814 $270,814 Public Admin/Gov 4 $34,228 $97,500 $97,500 Grantmaking/Civic/Prof Orgs 23 $3,582,735 $8,650,000 $10,098,909 Scientific R&D 7 $3,333,700 $6,944,038 $6,944,038 Telecomm Carrier/Svcs 1 $844,399 $844,399 $11,406,916


No. of Projects

Amt Disbursed

Award Amount

Total Project Cost

Capital 6 $3,328,700 $5,966,000 $5,966,000 Central 9 $2,099,748 $5,400,000 $5,400,000 Finger Lakes 1 $196,692 $250,000 $250,000 Long Island 1 $91,344 $250,000 $617,500 Mid-Hudson 1 $9,307 $350,000 $350,000 New York City 8 $894,501 $1,700,000 $1,700,000 North Country 7 $1,119,770 $1,591,899 $13,235,825 Western 4 $325,814 $1,298,852 $1,298,852

TOTAL REGION 37 $8,065,876 $16,806,751 $28,818,177

Appendices

38



2.LL NEW ERA FIELD CAPITAL (BUFFALO BILLS) Industry

No. of Projects

Amt Disbursed

Award Amount

Total Project Cost

Arts, Entertain/Rec 1 $2,110,046 $2,278,000 $2,278,000 TOTAL INDUSTRY 1 $2,110,046 $2,278,000 $2,278,000

Region

No. of Projects

Amt Disbursed

Award Amount

Total Project Cost


2.MM SUNY POLYTECHNIC INSTITUTE Industry

No. of Projects

Amt Disbursed

Award Amount

Total Project Cost

Computer/Electronic Product Mfg 1 $30,000,000 $30,000,000 $30,000,000 Scientific R&D 8 $167,727,348 $503,875,611 $5,356,975,483

TOTAL INDUSTRY 9 $197,727,348 $533,875,611 $5,386,975,483 Region

No. of Projects

Amt Disbursed

Award Amount

Total Project Cost

Capital 4 $95,803,958 $174,000,000 $5,008,999,872 Central 1 $841,659 $875,611 $875,611 Finger Lakes 1 $30,000,000 $30,000,000 $30,000,000 Mohawk Valley 2 $19,081,731 $204,000,000 $222,100,000 North Country 1 $52,000,000 $125,000,000 $125,000,000

TOTAL REGION 9 $197,727,348 $533,875,611 $5,386,975,483

2.NN TRANSFORMATIVE ECONOMIC DEVELOPMENT PROGRAM Industry

No. of Projects

Amt Disbursed

Award Amount

Total Project Cost

Scientific R&D 1 $1,500,000 $15,000,000 $15,000,000 TOTAL INDUSTRY 1 $1,500,000 $15,000,000 $15,000,000

Region

No. of Projects

Amt Disbursed

Award Amount

Total Project Cost

Long Island 1 $1,500,000 $15,000,000 $15,000,000 TOTAL REGION 1 $1,500,000 $15,000,000 $15,000,000

116 117


39



2.OO UPSTATE CITY BY CITY Industry

No. of Projects

Amt Disbursed

Award Amount

Total Project Cost

Public Admin/Gov 2 $2,285,165 $13,000,000 $13,000,000 Real Estate/Rental 2 $108,808 $6,787,562 $13,980,777


No. of Projects

Amt Disbursed

Award Amount

Total Project Cost

Central 1 $1,285,165 $10,000,000 $10,000,000 Western 3 $1,108,808 $9,787,562 $16,980,777

TOTAL REGION 4 $2,393,973 $19,787,562 $26,980,777

Appendices

40

APPENDIX 3: MARKETING AND ADVERTISING 3.A Program Number of Projects Amount Disbursed

Craft Beverage Marketing Program 17 $910,597

Economic Development Initiatives18 20 $75,144,383

Market NY 67 $5,922,659 Miscellaneous Marketing Projects 16 $1,340,456

Tourism Promotion Matching Grants 53 $5,397,152

TOTAL 173 $88,715,247

3.B CRAFT BEVERAGE MARKETING PROGRAM Industry

No. of Projects

Amt Disbursed

Award Amount

Total Project Cost

Advertising/Related Svcs 3 $171,938 $184,108 $230,335 Food Svcs/Drinking Places 13 $654,813 $1,090,287 $1,591,088 Public Admin/Gov 1 $83,846 $182,000 $222,000


No. of Projects

Amt Disbursed

Award Amount

Total Project Cost

Capital 4 $291,116 $461,345 $701,457 Finger Lakes 4 $110,094 $153,931 $220,105 Long Island 1 $106,801 $187,500 $250,000 Mid-Hudson 2 $107,885 $107,885 $137,536 New York City 5 $210,855 $363,734 $512,325 North Country 1 $83,846 $182,000 $222,000

TOTAL REGION 17 $910,597 $1,456,395 $2,043,423

3.C ECONOMIC DEVELOPMENT INITIATIVES Industry

No. of Projects

Amt Disbursed

Tourism Promotion 2 $33,620,741 Business Attraction & Retention 2 $41,177,955 Global NY 16 $345,687

TOTAL INDUSTRY 20 $75,144,383

18 Part of a larger contract with two discrete projects – tourism promotion and business attraction and retention

APPENDIX 3: MARKETING AND ADVERTISINGAppendices

40

APPENDIX 3: MARKETING AND ADVERTISING 3.A Program Number of Projects Amount Disbursed

Craft Beverage Marketing Program 17 $910,597

Economic Development Initiatives18 20 $75,144,383

Market NY 67 $5,922,659 Miscellaneous Marketing Projects 16 $1,340,456

Tourism Promotion Matching Grants 53 $5,397,152

TOTAL 173 $88,715,247

3.B CRAFT BEVERAGE MARKETING PROGRAM Industry

No. of Projects

Amt Disbursed

Award Amount

Total Project Cost

Advertising/Related Svcs 3 $171,938 $184,108 $230,335 Food Svcs/Drinking Places 13 $654,813 $1,090,287 $1,591,088 Public Admin/Gov 1 $83,846 $182,000 $222,000


No. of Projects

Amt Disbursed

Award Amount

Total Project Cost

Capital 4 $291,116 $461,345 $701,457 Finger Lakes 4 $110,094 $153,931 $220,105 Long Island 1 $106,801 $187,500 $250,000 Mid-Hudson 2 $107,885 $107,885 $137,536 New York City 5 $210,855 $363,734 $512,325 North Country 1 $83,846 $182,000 $222,000

TOTAL REGION 17 $910,597 $1,456,395 $2,043,423

3.C ECONOMIC DEVELOPMENT INITIATIVES Industry

No. of Projects

Amt Disbursed

Tourism Promotion 2 $33,620,741 Business Attraction & Retention 2 $41,177,955 Global NY 16 $345,687

TOTAL INDUSTRY 20 $75,144,383

18 Part of a larger contract with two discrete projects – tourism promotion and business attraction and retention

118 119

APPENDIX 3: MARKETING AND ADVERTISING

41

Appendices APPENDIX 3: MARKETING AND ADVERTISING

3.DMARKET NY

Industry No. of

Projects Amt Disbursed Award Amount Total Project Cost Arts, Entertainment, Rec 67 $5,922,659 $11,114,875 $51,431,186

TOTAL INDUSTRY 67 $5,922,659 $11,114,875 $51,431,186

Region No. of

Projects Amt Disbursed Award Amount Total Project Cost Capital 9 $430,682 $843,637 $1,274,527 Central 7 $845,435 $1,920,850 $6,733,195 Finger Lakes 13 $947,163 $1,878,651 $5,053,785 Long Island 3 $311,802 $703,801 $8,184,987 Mid-Hudson 6 $331,700 $454,000 $2,158,950 Mohawk Valley 10 $892,858 $1,495,926 $2,745,897 North Country 6 $805,533 $1,993,600 $2,717,538 Southern Tier 5 $227,974 $301,418 $553,159 Western 8 $1,129,512 $1,522,992 $22,009,148

TOTAL REGION 67 $5,922,659 $11,114,875 $51,431,186

3.EMISCELLANEOUS MARKETING PROJECTS

Region No. of

Projects Amt Disbursed Capital 1 $129,013 Finger Lakes 2 $144,779 Long Island 3 $48,834 Mid-Hudson 1 $93,750 New York City 1 $100,000 North Country 1 $170,597 Southern Tier 2 $258,782 Western 5 $394,701

TOTAL REGION 16 $1,340,456

3.FTOURISM PROMOTION MATCHING GRANTS

Region No. of

Projects Amt Disbursed Capital 8 $592,669 Central 5 $340,655 Finger Lakes 8 $570,304 Long Island 1 $414,482 Mid-Hudson 6 $586,369 Mohawk Valley 4 $367,330 New York City 1 $1,036,205 North Country 5 $631,503 Southern Tier 8 $483,419 Western 7 $374,216


Appendices

42

APPENDIX 4: INNOVATION 4.A Program Number of Projects Amount Disbursed Centers for Advanced Technology 17 $17,392,646 Centers of Excellence 10 $12,428,912 Digital Gaming Hubs 3 $90,907 Faculty Development Program 1 $63,890 Focus Centers 2 $3,966,776 Innovation Hot Spots/Incubators 20 $3,902,283 Innovation Economy Matching Grants 20 $5,529,865 Manufacturing Extension Partnerships 8 $2,423,349 Science & Technology Law Center 1 $159,986

TOTAL 82 $45,958,614

4.B CENTERS FOR ADVANCED TECHNOLOGY Region

No. of Centers

Amt Disbursed

Capital 3 $4,256,446 Central 1 $1,442,124 Finger Lakes 2 $2,722,352 Long Island 3 $2,391,353 New York City 3 $2,107,866 North Country 1 $750,378 Southern Tier 2 $2,581,626 Western 2 $1,140,501


4.C

CENTERS OF EXCELLENCE Region

No. of Centers

Amt Disbursed

Capital 2 $1,245,524 Central 1 $971,857 Finger Lakes 3 $3,003,918 North Country 1 $540,354 Southern Tier 1 $1,981,994 Western 2 $4,685,265


APPENDIX 4: INNOVATION

120 121

Appendices

43


4.D DIGITAL GAMING HUBS Region

No. of Hubs

Amt Disbursed

Capital 1 $31,175 Finger Lakes 1 $10,160 New York City 1 $49,572

TOTAL REGION 3 $90,907

4.E FACULTY DEVELOPMENT PROGRAM Region

No. of Projects

Amt Disbursed

Finger Lakes 1 $63,890 TOTAL REGION 1 $63,890

4.F FOCUS CENTERS Region

No. of Centers

Amt Disbursed

Capital 2 $3,966,776 TOTAL REGION 2 $3,966,776

4.G INNOVATION HOT SPOTS/INCUBATORS Region

No. of Centers

Amt Disbursed

Capital 3 $384,629 Central 2 $539,224 Finger Lakes 1 $111,228 Mid-Hudson 3 $524,937 Mohawk Valley 3 $600,275 New York City 3 $381,618 Southern Tier 2 $908,713 Western 3 $451,659



Appendices

44


4.H INNOVATION ECONOMY MATCHING GRANTS

Region No. of

Institutions Amt Disbursed Capital 1 $849,338 Central 2 $280,028 Finger Lakes 1 $103,037 Long Island 3 $1,250,815 Mid-Hudson 1 $59,336 New York City 5 $856,067 Southern Tier 5 $1,739,979 Western 2 $391,265


4.I

MANUFACTURING EXTENTION PARTNERSHIPS

Region No. of

Centers Amt Disbursed Capital 1 $279,280 Central 1 $287,500 Finger Lakes 1 $11,684 Mid-Hudson 1 $212,500 Mohawk Valley 1 $531,143 New York City 1 $789,567 Southern Tier 1 $205,712 Western 1 $105,963


4.J SCIENCE AND TECHNOLOGY LAW CENTER Region

No. of Centers

Amt Disbursed

Central 1 $159,986 TOTAL REGION 1 $159,986

122 123

Appendices

45


4.K Year 2015-1619

CENTERS FOR ADVANCED TECHNOLOGY20 Region

No. of

Centers

Total Non-Job

Impacts

New Jobs

Jobs

Retained

Total Jobs

Capital 3 $108,749,895 293 4 297 Central 1 $15,469,351 28 14 42 Finger Lakes 2 $104,226,358 67 28 95 Long Island 3 $91,064,129 111 15 126 New York City 1 $75,007,260 134 0 134 North Country 1 $7,028,282 0 0 0 Southern Tier 2 $32,611,334 51 53 104 Western 2 $79,003,874 51 19 70

TOTAL REGION 15 $513,160,483 735 133 868

Year: 2015-16


No. of

Centers

Total Non-Job

Impacts

New Jobs

Jobs

Retained

Total Jobs

Capital 2 $145,916,883 56 562 618 Central 1 $6,058,833 23 41 64 Finger Lakes 3 $2,652,665 13 76 89 Long Island 2 $16,484,464 51 78 129 Southern Tier 1 $21,022,359 1 30 31 Western 2 $117,204,371 273 201 473

TOTAL REGION 11 $309,339,575 417 988 1,404

19 Economic impact data is reported to program centers and then reported to NYSTAR for analysis. Reporting is often delayed and therefore only the most recently reported and analyzed data is provided. Differences may exist between these tables and the prior tables for the same programs, as there are often new centers coming on-line or going off-line in different years. 20 Aggregate economic impacts are collected and quantified for only four NYSTAR programs: CATs, COEs. MEPs and Innovation Hot Spots/Incubators.

Appendices

45


4.K Year 2015-1619

CENTERS FOR ADVANCED TECHNOLOGY20 Region

No. of

Centers

Total Non-Job

Impacts

New Jobs

Jobs

Retained

Total Jobs

Capital 3 $108,749,895 293 4 297 Central 1 $15,469,351 28 14 42 Finger Lakes 2 $104,226,358 67 28 95 Long Island 3 $91,064,129 111 15 126 New York City 1 $75,007,260 134 0 134 North Country 1 $7,028,282 0 0 0 Southern Tier 2 $32,611,334 51 53 104 Western 2 $79,003,874 51 19 70

TOTAL REGION 15 $513,160,483 735 133 868

Year: 2015-16


No. of

Centers

Total Non-Job

Impacts

New Jobs

Jobs

Retained

Total Jobs

Capital 2 $145,916,883 56 562 618 Central 1 $6,058,833 23 41 64 Finger Lakes 3 $2,652,665 13 76 89 Long Island 2 $16,484,464 51 78 129 Southern Tier 1 $21,022,359 1 30 31 Western 2 $117,204,371 273 201 473

TOTAL REGION 11 $309,339,575 417 988 1,404

19 Economic impact data is reported to program Centers and then reported to NYSTAR for analysis. Reporting is often delayed and therefore only the most recently reported and analyzed data is provided. Differences may exist between these tables and the prior tables for the same programs, as there are often new centers coming on-line or going off-line in different years. 20 Aggregate economic impacts are collected and quantified for only four NYSTAR programs: CATs, COEs. MEPs and Innovation Hot Spots/Incubators.

APPENDIX 4: INNOVATION Appendices

46

APPENDIX 4: INNOVATION Year: 2015-16

INNOVATION HOT SPOTS/INCUBATORS Region

No. of Incubator/Hot Spots

Total Non-Job

Impacts

New Jobs

Jobs

Retained

Total Jobs

Capital 3 $5,981,655 16 17 33 Central 1 $5,588,016 32 90 122 Finger Lakes 2 $9,836,114 14 2 16 Long Island 1 $19,629,046 37 39 76 Mid-Hudson 3 $9,480,047 38 15 53 Mohawk Valley 2 $1,185,077 14 6 20 New York City 2 $48,803,875 166 249 415 North Country 1 $2,054,010 36 6 42 Southern Tier 1 $3,280,277 35 15 50 Western 1 $8,237,933 28 0 28

TOTAL REGION 17 $114,076,050 416 439 855

Year: 2016

MANUFACTURING EXTENTION PARTNERSHIP Region

No. of Centers

Total Non-Jobs Impact

New Jobs

Jobs Retained

Total Jobs

Capital 1 $34,907,094 20 143 163 Central 1 $12,775,368 22 174 196 Finger Lakes 1 $58,137,198 87 155 242 Long Island 1 $135,000 1 0 1 Mid-Hudson 1 $14,717,001 14 85 99 Mohawk Valley 1 $13,414,908 8 35 43 New York City 1 $148,002,620 201 377 578 North Country 1 $21,765,555 50 194 244 Southern Tier 1 $105,099,500 49 649 698 Western 1 $292,778,185 186 848 1,034

TOTAL REGION 10 $701,732,429 638 2,660 3,298

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