GCC's Start-Up New York Plan approved
Press release:
Genesee Community College recently received notice from Empire State Development that the College's Start-Up New York Plan has been fully approved. GCC's plan is part of the statewide initiative introduced last year by Governor Andrew Cuomo to encourage potential development on or within one mile of each of the State University of New York's (SUNY) 64 campuses by offering tax-free status to both the company and new employees for up to 10 years.
Each SUNY institution can designate up to 200,000 square feet of off-campus space in addition to available space on-campus for Start-Up New York projects that create new jobs associated with the academic curriculum offered by the connected campus.
With ESD approval, GCC can now accept business applications for Start-Up New York proposals. Each application must also include a Related Persons Report and a Competition Analysis to help ensure the business entity and proposal are new opportunities in New York State and do not compete against existing businesses.
To review the online Start-Up New York application, go to: http://esd.ny.gov/index.html
For general information about Start-Up NY go to: http://startup-ny.com/
All Start-Up NY proposals presented to Genesee Community College will be reviewed by the College administration and the Board of Trustees. Among the potential business types identified as appropriate for a Start-Up New York proposal with GCC are agricultural research, rural energy development, private protection or security services and advanced manufacturing. GCC will not consider industries or businesses that do not meet the Start-Up New York requirements including companies working in finance, business administration, support services, retail or food services.
"The creation of new jobs while not hurting existing businesses is the central objective of Start-Up NY," said William Emm, GCC's executive vice president for Planning and Institutional Effectiveness. "For GCC, program opportunities that support the College's mission can exist at or near the Batavia Campus in Genesee County, but also at or near the College's campus centers in Livingston, Orleans and Wyoming Counties."
