Five projects in Genesee County on list for economic development aid
Five projects in Genesee County are receiving more than $2.1 million in state aid, the Finger Lakes Regional Economic Development Council announced.
The aid is part of $500 million awarded to the council by the Governor's Office.
From the announcement:
Buildout of major sites in Genesee County, including: $1,500,000 to the Town of Alabama to help build water infrastructure to serve the STAMP site; $920,000 total for the Genesee Valley Agri-Business Park in Batavia and the Le Roy Food and Technology Park; $750,000 for the soon-to-be built Genesee Biogas facility at the Batavia Agri-Business Park; and $500,000 to revitalize the Newberry Building in Downtown Batavia.
From the announcement:
The Finger Lakes Regional Economic Development Council (FLREDC) was named an Upstate Revitalization Initiative (URI) Best Plan Awardee for its new strategic plan, entitled “United for Success: Finger Lakes Forward.” This means the region will receive $500 million over five years, in addition to economic development funds announced through Round V of Governor Andrew M. Cuomo’s Regional Economic Development Council competition. In total, more than $2 billion in economic development resources was awarded statewide through the Upstate Revitalization Initiative and REDC competition.
“We are proud that Governor Cuomo and New York State have singled out the Finger Lakes Regional Economic Development Council as a ‘best plan awardee’ and that we will receive half a billion dollars to move the region forward,” stated Joel Seligman and Danny Wegman, co-chairs of the Finger Lakes Regional Economic Development Council. “This is recognition that Governor Cuomo believes in the Finger Lakes and is giving our region the attention it deserves. With this infusion of funding in our pockets, we are united for success and ready to move our communities forward.”
The Finger Lakes Region’s URI plan consists of three industry clusters, or pillars, that will act as the core drivers of job and output growth: optics, photonics and imaging; agriculture and food production; and next generation manufacturing and technology.