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economic development

Plug Power breaks ground on $290 million facility in Genesee County (access required)

Plug Power Inc., the Albany area manufacturer of clean energy processes, broke ground on Wednesday on its $290 million green hydrogen fuel production facility at the Science and Technology Advanced Manufacturing Park (STAMP) in Genesee County. Gov. Kathy Hochul joined ...

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Report: ESD fails to fully evaluate most of its economic development programs (access required)

Empire State Development spends nearly $2 billion annually in taxpayer money for loans, grants, tax credits and other incentives to companies and projects, but fails to properly evaluate most of its programs to determine if they actually are boosting the ...

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Monroe County seeks public input on use of federal funds (access required)

Monroe County has launched two initiatives meant to ensure short- and long-term growth and stability, and wants public input on how $144 million in American Rescue Plan Act (ARPA) funds should be spent. Bring Back Monroe is the county’s agenda ...

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Two Rochester startups among FuzeHub competition finalists (access required)

Two Rochester firms, Crystal Creek Organics, Inc., and PrisAM LLC, are among 12 finalists in the fifth annual FuzeHub 2021 Commercialization Competition, with $50,000 to be awarded to the winner. FuzeHub assists small- and medium-sized manufacturing companies in New York. ...

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Significant incentives were critical to bring Constellation downtown (access required)

Constellation Brands believes its new headquarters in downtown Rochester can be a drawing card for other major enterprise, but says it could not have moved forward with relocation from Victor had the city, county and state not provided just over ...

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Incentives approved for mixed-used project in Genesee County (access required)

The Genesee County Economic Development Center (GCEDC) board of directors has approved a final resolution for financial assistance for a mixed-use development which will include six market-rate units in the town of Pembroke. The $1.7 million project by J&R Fancher ...

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Batavia christens City View Residences at Elliott Place (access required)

City View Residences at Ellicott Place, a $3.15 million Downtown Revitalization Initiative (DRI) in Batavia, was officially christened on Thursday. The 10 market-rate apartments range in size from 876 square feet to 1,184 square feet. There are seven one-bedroom units ...

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Black-founded Rochester business receives $100,000 Google grant (access required)

Google for Startups has awarded Rochester-based Sign-Speak a non-dilutive $100,000 grant as part of its second Black Founders Fund awards. As part of the program, Sign-Speak Founder Yamillet Payano will receive technical and business mentorship from Google employees, $120,000 in ...

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Mayor outlines plan to spend $202 million in federal recovery funding (access required)

The city of Rochester would pay a monthly stipend to up to 200 financially burdened families, provide economic incentives to eliminate food “deserts” and “greenline” previously redlined neighborhoods by building affordable housing on vacant lots if City Council approves Mayor ...

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Deep tech startup accelerator coming to Rochester (access required)

A California-based accelerator program focused on startups that create deep tech, will be investing in Rochester startups. MARL 5G, based in San Mateo, will open a center in Rochester and says it will use MARL Fund capital to invest in ...

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Visit Rochester making sure people again do just that (access required)

If you ever want to disappoint the folks at Visit Rochester, just tell them they can’t work. The COVID-19 pandemic created a collective case of cabin fever for the 18 employees at Visit Rochester, the official tourism promotion agency of ...

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Four area startups among Grow-NY finalists (access required)

Four Rochester-area startups are among the 20 finalists in round three of Grow-NY, the food innovation and agriculture technology business challenge that provides up to $1 million in funding for the winner. Grow-NY focuses on the enhancement of the emerging ...

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