New York Related News

New York Related News
02
May
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...
25
Apr
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...
01
Apr
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...
31
Mar
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...
30
Mar
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...
30
Mar
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...
23
Mar
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...
08
Mar
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...