Empire State Development

The future of the American semiconductor & quantum industries lives in New York State. 🗽 NY companies dominated the US Commerce Department’s new $2B CHIPS Act quantum announcement with $1B for @IBM’s new Albany quantum foundry & $375 for @GlobalFoundries. timesunion.com/business/artic…

Cruise on into Buffalo! 🚢🌊 New renderings unveiled for a $17.3M cruise ship terminal at the Outer Harbor mark the next step in transforming Buffalo’s waterfront and growing tourism and economic activity along the Great Lakes. More: on.ny.gov/4f0urn4

New York’s creative economy is growing with the opening of the new Capital Region Music Hub at Troy Savings Bank Music Hall. 🎼 The $15M project expands education, rehearsal, and event space while supporting tourism and downtown growth. 🎻 More: on.ny.gov/4eSTvw9

Broadband expansion is underway in Sullivan County 🌐 Through NY’s ConnectALL initiative, administered by ESD, nearly $29.9M is supporting more than 255 miles of fiber infrastructure to connect 22K+ homes and businesses across the county. More: on.ny.gov/4bOlUSA

Barilla is expanding its Livingston County operations with a nearly $170M investment in Avon. 🍝 The project will add new production capacity, a fully automated warehouse, & create up to 68 new jobs with support from NYS's Excelsior Jobs Program. More: on.ny.gov/4wDEnZM

Rover Diagnostics is scaling in NYC 🧬 Now in a 16,000 sq. ft. space at Innolabs the company, supported by $1.8M from NYS’ Biodefense Commercialization Fund, is advancing rapid PCR diagnostics for women’s health. More: bit.ly/4sRdXAS bit.ly/4sRdXAS

📢 Thursday, 5/21: Tune into the Convention Center Development Corporation Bond Financing Committee Meeting via webcast at 2:00 pm – review the agenda & related materials: on.ny.gov/4tIffi0

📢 Thursday, 5/21: Tune into the Empire State Development governance Committee Meeting via webcast at 8:30am – review the agenda & related materials: on.ny.gov/4nGzDyL

📢 Thursday, 5/21: Tune into the Empire State Development Directors Meeting via webcast at 9:30am – and review the agenda & related materials: on.ny.gov/499rmNA

📢 Wednesday, 5/20: Tune into the Erie Canal Harbor Development Corporation Directors Meeting via webcast at 10:30am – and review the agenda & related materials: on.ny.gov/4uVxGR4

$490M+ has been paid to MWBE firms through construction of the new @BuffaloBills Highmark Stadium, surpassing the project’s 30% MWBE participation goal. 🏈 Nearly 140 firms have received 304 contracts to date, helping drive inclusive growth across WNY ▶️ on.ny.gov/3RisyrW

A vacant building in Ogdensburg’s Marina District is being transformed into a new community destination. 🍺 Supported by $914K through ESD’s Restore NY program, Small City Brewing Company will bring new tourism & activity, around the waterfront. More: on.ny.gov/4ugKu4N

Commissioner Hope Knight joined @TDBank_US's Small Business event to highlight how programs like LINC and SSBCI are helping businesses access capital, create jobs, and grow statewide. 📈💼 More: on.ny.gov/4eHSPJU

Accessible childcare helps families work, businesses grow, and communities thrive. 🧸📈 Through ESD’s Small Business Capital Access team, more than $2M in loans has supported 48 childcare and daycare facilities across New York State. More esd.ny.gov/ssbci

NYSTAR is accepting applications for the Cleantech Corporate Innovation Challenge, helping connect emerging technologies with industry partners & commercialization pathways. 📅 Info sessions: May 21 & Jun 11 at 3PM ET 📄 RFA: on.ny.gov/4u7bTWN ⏰ Apps due: July 7, 2PM

Yesterday, @EmpireStateDev (ESD) announced a commitment of up to $20 million to bring reliable, high-quality internet access to New Yorkers residing in homeless shelters statewide. Read the full press release: esd.ny.gov/esd-media-cent…

Energy storage momentum is building in New York. 🔋 At the @NYBatteryEnergy Capture the Energy Conference, ESD’s Jeff Janiszewski highlighted how State support is helping companies expand, invest, and create jobs across the clean energy economy. More: on.ny.gov/470KaN0

Want to know more about the post-production journey of #MartySupreme? Join @NYSFILM for an in-depth exploration led by the key creators responsible for its editing, sound, visual effects, and more! Wednesday, 5/20 | 3:00pm Register here: bit.ly/MartySupremeWe…

Another major manufacturing investment in NYS! 🏭 Poly Craft Industries has opened a new 72,000-square-foot facility in Middletown as part of a $27M expansion project supporting 54 new jobs and growing the Hudson Valley’s manufacturing sector. More: on.ny.gov/3R4GpC5

Commissioner Hope Knight joined leaders and stakeholders at New York Golf Day to highlight golf’s impact on NY’s economy. ⛳ The industry supports 89,000+ jobs statewide and drives billions in wages, tourism, and economic activity each year. Learn more: bit.ly/3P283Pz