$225 million State investment leverages $1.5 billion in private investments
Single greatest investment of Governor’s Buffalo Billion and one of the State’s most significant investments ever in Buffalo to create 850 permanent jobs and at least 500 construction jobs
Governor Cuomo last week announced that as part of his Buffalo Billion initiative, New York State will build a state-of-the-art anchor hub facility for high tech and green energy businesses at RiverBend in the City of Buffalo.
Two California-based companies at the forefront of the clean energy revolution, Soraa and Silevo, will collectively invest $1.5 billion into the project and relocate major parts of their operations to the Buffalo High-Tech Manufacturing Innovation Hub at RiverBend from California, creating 850 permanent jobs and at least 500 construction jobs and attracting additional manufacturing companies to the site. RiverBend, formerly Republic Steel, is a 90-acre site that is ready for development.
President Obama is this week embarking on a bus tour to spread his message of “A Better Bargain for the Middle Class.” SUNY’s own University at Buffalo and Binghamton University will be among several stops he makes across New York and Pennsylvania. His decision to bring a message of economic revitalization and academic excellence to New York is a perfect fit given the recent achievements and ongoing commitments that SUNY has made in partnership with our State.
SUNY has a rich history with United States Presidents. By Friday, President Obama will have visited four SUNY campuses during his two terms in office, the most of any public university system in the nation. This speaks volumes. It tells the world that President Obama’s vision for the function of academia and industry is realized in New York State’s successful model, which helps strengthen the middle class through a valuable education and innovative economy. Continue reading →
Throughout its 65-year history, SUNY has awarded tens of thousands of degrees and certificates across New York State and in conjunction with partners across the global landscape. SUNY has grown from a collection of colleges separated and scattered through villages, towns, and cities to a diverse system of institutions that impact New Yorkers (and Americans) at an immeasurable level. Because of this massive presence, the colleges and universities that make up SUNY have acquired world-leading expert faculty and some of the brightest students to collaborate and create with the aim to positively change the lives of everybody.
In the essence of Independence Day, we highlight ten interesting and substantial ways that SUNY impacts America. Check them out after the jump — and let us know what you think in the comments!
This week, dozens of SUNY presidents joined Governor Cuomo, Lieutenant Governor Duffy, and Chancellor Zimpher at a forum on the Governor’s Tax Free New York proposal. The plan, introduced in May by Governor Cuomo on a flash tour across New York, utilizes SUNY campuses to provide a tax-free zone for new businesses, which will spur investment while taking advantage of SUNY’s higher education for human capital and business development.
The day started off with Lieutenant Governor Duffy introducing Cornell President Dr. Skorton and CNSE CEO Dr. Kaloyeros, who both Continue reading →
Tax-Free NY will entice companies to invest in Upstate New York by offering new businesses the opportunity to operate completely tax-free – including no income tax for employees, no sales, property or business tax – for a decade, while also partnering with the world-class higher education institutions in the SUNY system.
The guidelines and incentives are fully listed below: