New York leads the nation in tax revenue from mobile sports wagering, according to data compiled by the state.

Tagged with: Gary Pretlow Joseph Addabbo Jr. Kathy Hochul

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 ...

Tagged with: aim photonics department of defense funding Kathy Hochul OPI photonics suny polytechnic institute

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 ...

Tagged with: alabama clean power genesee county hydrogen Jobs Kathy Hochul manufacturing megasite plug power stamp

Portland, Oregon-based PreAct Technologies has received the Company of the Year award at Luminate Finals 2021. The event was held virtually and was sponsored by Optica, formerly the Optical Society. PreAct will receive $1 million in investment from New York ...

Tagged with: Kathy Hochul luminate Luminate NY OPI owl autonomous imaging Sujatha Ramanujan

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 ...

Tagged with: economy empire state development ESD grants harry bronson Kathy Hochul pandemic small business recovery grant program

Cincinnati-based global flexible packaging leader ProAmpac this week opened its new, state-of-the-art Collaboration & Innovation Center in Ogden.

Tagged with: cic collaboration & innovation center empire state development ESD gre greg tucker Kathy Hochul matt hurlbutt ogden proampac

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 ...

Tagged with: economic development Kathy Hochul lovely warren REDCO revitalize rochester fund

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, ...

Tagged with: business competition Cornell University economic development empire state development Grow-NY Kathryn J. Boor Kathy Hochul RealEats The Perfect Granola

Zweigle’s, Rochester’s homegrown meat manufacturer, plans to build a 29,000 square-foot expansion and create 33 new job after gaining state support of about $1 million in tax breaks and outright grants.  The expansion, due to be completed in late 2022, ...

Tagged with: empire state development Julie Camardo Kathy Hochul Meat Robert Duffy Zweigle's

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 ...

Tagged with: Cornell University empire state development Grow-NY Kathy Hochul LiDestri Tom Schryver wegmans

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 ...

Tagged with: Andrew Cuomo Anne Reynolds Kathy Hochul New York State Energy Research and Development Agency renewable energy request for proposals

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 ...

Tagged with: David Long David Munson Film making Game design Joe Morelle Kathy Hochul MAGIC Spell Studios Rochester Institute of Technology