Tag: mep

New York’s Manufacturing Extension Partnership, a statewide network of 11 organizations that provide growth and innovation services to small and mid-sized manufacturers, helped create or retain more than 6,600 jobs last year and generated $994 million in financial impacts, NY MEP said this week.

“As New York’s manufacturers confronted uncertainty, adversity and disruption amid the pandemic, the NY MEP network stepped up in a big way. Each of the centers was tireless in its work to help manufacturers overcome challenges, pivot to new products, adopt new technologies and scale innovative ideas,” said Empire State Development’s Division of Science, Technology and Innovation Senior Vice President Matt Watson. “By deploying NYSTAR funding, providing direct assistance and helping companies navigate NYSTAR’s robust network of over 70 innovation assets, the NY MEP centers delivered a massive economic impact in 2020, measuring at nearly $1 billion and over 6,600 jobs.”

In the Finger Lakes Region, NextCorps serves as the regional NY MEP Center. The 11 centers statewide are among more than 70 NYSTAR-backed centers statewide that are actively working to generate technology-driven economic growth, officials noted. The network provides entrepreneurs, researchers and business leaders with access to the support, assistance and resources they need to solve challenges, develop and scale new technologies, start companies and grow existing businesses.

NYSTAR oversees the NY MEP, which brings together 10 regional centers and one statewide center, FuzeHub. In New York state, manufacturers employ more than 419,000 people, which represents a payroll of roughly $38 billion. The industry produces an economic output of $84.4 billion, officials noted.

“As our state’s recovery gains momentum, the NY MEP will remain focused on helping manufacturers address emerging challenges, accelerate growth and create jobs,” Watson said.

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