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Tag Archives: Kathy Hochul

At last: DRI funding will restore Clinton & Main, other blighted downtown areas (access required)

Home Leasing has completed the purchase of the corner building at East Main Street and North Clinton Avenue, which will be part of The Mayflower development (file photo by Kevin Oklobzija).

Once a bustling center of commerce, the northwest corner of East Main Street and North Clinton Avenue for two decades or more has been a collection of blighted buildings begging for demolition or rebirth.

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AIM Photonics receives $321 million in funding (access required)

The American Institute of Manufacturing (AIM) Photonics has secured a seven-year cooperative agreement with the Air Force Research Laboratory and the Research Foundation of the State University of New York, which includes funding of more than $321 million, Gov. Kathy ...

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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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State expands eligibility for pandemic recovery grants (access required)

The state of New York has expanded eligibility for the $800 million COVID-19 Pandemic Small Business Recovery Grant Program in order to help more small businesses apply for funding. Beginning this week, businesses with revenues up to $2.5 million can ...

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Revitalize Rochester Fund applications now open (access required)

Mayor Lovely Warren was joined Tuesday by Lt. Gov. Kathy Hochul and leaders of the Rochester Economic Development Corp. (REDCO) to announce the opening of the application period for entrepreneurs to join a partnership to expand business opportunities in the ...

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Grow-NY competition open to applications again (access required)

The application window to enter the $3 million Grow-NY business competition is now open.  Empire State Development and the Cornell Center for Economic Development both announced on Tuesday that the competition is opening up for its second round of applications, ...

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Grow-NY competition will encourage agriculture and food entrepreneurs (access required)

Agricultural and food entrepreneurs in the Finger Lakes and two adjoining regions may compete for up to $1 million in a new business stimulation competition announced Friday. The Grow-NY competition is funded by $21 million in prize money over three ...

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State seeks renewable energy projects (access required)

New York State is seeking proposals for large-scale renewable energy projects that fall in line with Gov. Andrew M. Cuomo’s plan to have 70 percent of the state’s electricity coming from renewable sources by 2030. This third request for proposals ...

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RIT unwraps MAGIC Spell Studios, called a future hub for game design and film (access required)

You might call it Hollywood East. Or the Big Apple North. But the dozens of people who turned out for the grand opening Tuesday call the new building at Rochester Institute of Technology the MAGIC Spell Studios. The 52,000-square-foot, $31 ...

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