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Finger Lakes region gets $59.8 million economic development award

Rochester Business Journal
December 11, 2013

The Finger Lakes Regional Economic Development Council was awarded $59.8 million Wednesday during a presentation in Albany. It is the third-lowest funding total given to 10 councils statewide.

The Finger Lakes council was the grand prize winner in 2012, receiving $96.2 million. It was awarded $68.8 million in 2011, the first year of the competition.

Its two-year total of $165 million ranks third among the 10 councils.

The top five awardees this year were the Long Island council with $83 million, the Capital Region with $82.8 million, the Mohawk Valley council with $82.4 million, the Southern Tier council with $81.9 million and the North Country council with $81.3 million.

The Central New York council won $66.9 million, the Western New York council received $60.8 million, the Mid-Hudson council won $59.6 million and the New York City council was awarded $57.4 million.

The awards presentation began this morning in the Hart Theatre at the Egg Center for Performing Arts.

Former host of "CNBC's Closing Bell," Maria Bartiromo emceed the ceremony.

There are "no losers. Nothing but winners," Lt. Gov. Robert Duffy said.

See the full list of 2013 project awards.

(c) 2013 Rochester Business Journal. To obtain permission to reprint this article, call 585-546-8303 or email service@rbj.net.


What You're Saying 

Buck Carson at 5:53:50 PM on 12/11/2013
Let's review.

They seize cash from a NY businesses.

The seized money is called an award. They are qualified to know that, they are called the "authorities" here, afterall.

Then they attract those that actually think it is an award. They train for the ...  Read More >

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