Chapter News, New York Related News

New York City Casts a Net to Catch the Next Big Start-Up

For years, New York — a city not accustomed to being second banana — has looked on as Silicon Valley has solidified its influence over the technology industry. Sure, New York has added tens of thousands of good-paying tech jobs while the Wall Street job engine has sputtered. And the city’s start-ups pulled in $1.94 billion in venture funding in the first three months of this year, the most for any quarter in five years and second only to Silicon...

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Governor Cuomo Announces $150 Million Available For Renewable Energy Projects

Funding Will Build and Expand Large Solar, Wind, Hydro and Other Renewable Energy Projects to Meet State Goal of 50 Percent Renewables By 2030 Governor Andrew M. Cuomo today announced $150 million in funding to support large-scale renewable energy projects across the state. This funding will facilitate public-private partnerships to advance the Governor’s Reforming the Energy Vision strategy and ensure the state meets its goal of generating 50 percent of its electricity from carbon-free renewable energy projects by 2030. “This state...

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Governor Cuomo and Legislative Leaders Announce Agreement on 2016-2017 State Budget

Governor Andrew M. Cuomo, Senate Majority Leader John Flanagan, Senate Independent Democratic Conference Leader Jeffrey Klein, and Assembly Speaker Carl Heastie today announced an agreement on the 2016-17 state budget. The budget holds the growth in state spending to two percent for the sixth consecutive year, continuing to reverse a decades-long trend where state spending outpaced the rate of inflation or personal incomes. The budget also includes a number of landmark policies that will strengthen opportunity for working and middle...

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Governor Cuomo Announces Global NY Fund Tour to Promote Export Assistance Funding

Grants up to $50,000 and loans up to $500,000 available to help businesses enter the global marketplace Governor Andrew M. Cuomo today announced the launch of the Global NY Fund Tour – a series of informational sessions being held in each of New York State’s ten economic development regions to inform small- and medium-sized businesses and non-profits about new resources available to support international export efforts. At today’s event in the Capital Region, Lieutenant Governor Kathy Hochul joined state officials...

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Governor Cuomo Announces 30 Organizations to Receive Low-Cost Power That Will Lead to 230 New Jobs

Governor Andrew M. Cuomo announced today that the New York Power Authority Board of Trustees has approved low-cost power allocations to 30 organizations under the ReCharge NY program that will support 1,362 jobs, including 230 new positions. "The low-cost power made available through ReCharge NY has helped businesses grow, thrive, and create jobs in the Empire State," Governor Cuomo said. "By reducing the burden of energy costs for businesses, this program has stimulated job creation and spurred new capital investments...

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Governor Cuomo Announces Contract Award for Environmental Consultant for LIRR Expansion Project

LIRR Begins Environmental Review, Formal Community Engagement Process for 9.8-mile Project Governor Andrew M. Cuomo today announced the hiring of a consulting firm to assist in the environmental review and formal community engagement process for the LIRR Main Line Expansion Project, which calls for adding a third track along a critical 9.8-mile section of LIRR’s Main Line between Floral Park and Hicksville Stations. The addition of the third track will increase capacity while allowing trains to pass disabled equipment and avoid...

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Energy Efficiency Projects in New York State spur nearly $800 million in private investment and will save customers $341 million in energy costs annually

Governor Andrew M. Cuomo today announced that in the past four years, 112,000 residential and commercial energy efficiency projects have been completed or are currently under development through New York State clean energy programs. These projects will attract $766 million in private investment and will save customers $341 million on their energy bills each year. Homeowners are saving an average of $56 per month on electric and natural gas bills, and building owners are saving an average of $1,023...

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Governor Cuomo Announces 18 Additional Companies Join START-UP NY

172 Businesses Now Participating in START-UP NY; Creating At Least 4,175 New Jobs and Investing $229.2 Million in New York State Governor Andrew M. Cuomo today announced that 18 new businesses will join START-UP NY, relocating or expanding their operations across the state through innovative tax-free zones associated with public colleges and universities. These 18 businesses have committed to create at least 135 new jobs and invest nearly $10 million over the next five years in Western New York, the...

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Governor Cuomo Launches Year Three of 43North the $5 Million Startup Competition

Program Offering $5 Million in Cash Awards Accepting Applications Now Through May 31, 2016 Governor Andrew M. Cuomo today announced that applications are now being accepted for the third year of 43North. The $5 million competition attracts entrepreneurs from around the world to compete for prizes that turn startups with high growth potential into funded enterprises in the Western New York region. "After two years, the 43North competition has attracted some of the world's brightest and most innovative entrepreneurs to Buffalo and...

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Governor Cuomo Announces Launch of New NY Broadband Program

CFA Portal now accepting applications for the New NY Broadband Program Program will provide high-speed internet access for all New Yorkers by the end of 2018 Governor Andrew M. Cuomo today announced the launch of the New NY Broadband Program’s Consolidated Funding Application Portal, which is now accepting applications for the Request for Proposals issued on Jan. 8. The $500 million program, which provides funding for high-speed internet access to unserved and underserved areas across the state, is the largest and...

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