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:
Supporting Governor Andrew Cuomo’s leadership in expanding educational opportunities that enhance New York’s innovation-enabled economy, SUNY is a major sponsor of the 2013 New York Business Plan Competition, which features a major statewide expansion of more than 300 teams competing for $500,000 in total prizes. The final round of competition takes place today at CNSE.
The collegiate competition is presented by CNSE in partnership with the University at Albany School of Business and Syracuse University. SUNY, SEFCU, and higher education community partners from around the state have put more than $500,000 in prizes up for grabs—more than triple the amount awarded at the 2012 event—with national venture capitalists, angel investors, investment bankers, and seasoned entrepreneurs to serve as judges.
Governor Andrew M. Cuomo today delivered his 2013 State of the State Address, outlining a comprehensive agenda that builds on the progress of the past two years to attract good jobs and economic growth, create a world-class education system that prepares the next generation for the future, and much more.
SUNY Board Chairman H. Carl McCall and Chancellor Nancy L. Zimpher were in attendance and were able to offer a joint statement on Governor Cuomo’s State of the State Address:
Governor Cuomo outlined a bold vision for New York that looks to fundamentally reshape the scope of our community colleges while incentivizing, among other measures, workforce training carried out in partnership with local employers. With a number of these programs already underway to meet the state’s workforce needs, we are confident that SUNY is equal to the task.
Today, Governor Andrew Cuomo announced the recipients of Round Two of the Regional Economic Development initiative funding. The regional councils were established in 2011 to evaluate and redesign how the state approached economic development. The initiative enables community, business, and academic leaders in the development of strategic plans that specifically address their region’s unique strengths and resources in order create jobs and support economic growth.
Of the $738 million that was awarded to organizations statewide, SUNY campus initiatives received over $12,000,000 in funding. Some of the SUNY projects that were recognized included:
As we count down to the new year, we thought we’d share some of the SUNY news you may have missed during 2012.
Binghamton University approved for NYSUNY 2020 Challenge Grant
This year, Governor Cuomo signed the Binghamton University NYSUNY 2020 challenge grant, which approves a plan that includes the development of a $70 million Smart Energy Center that will help revitalize the Southern Tier economy and create more than 840 Binghamton University and private sector jobs.