Regional Economic Development Council Awards

December 8, 2011 - Governor Andrew M. Cuomo announces that $785 million has been awarded through the Regional Economic Development Council initiative, continuing the Governor's efforts to redesign the way state government works in order to drive economic growth and create jobs.

Announced in July, Regional Councils represent a fundamental shift in the state's approach to economic development from a top-down development model to a community-based, performance driven approach which empowers individual areas to develop comprehensive strategic plans that invest in regional solutions to create jobs and economic growth. As part of the Regional Council process, a Strategic Plan Review Committee was chosen to analyze and rank the strategic plans for each region competing for $200 million in specially targeted economic development funding.

Central New York named best plan awardee: receives $103.7 million 
North Country named best plan awardee: receives $103.2 million
Long Island named best plan awardee: receives $101.6 million 
Western New York named best plan awardee: receives $100.3 million
Finger Lakes region awarded $68.8 million for 93 projects
Mid-Hudson region awarded $67 million for 61 projects
New York City region awarded $66.2 million for 50 projects
Capital Region awarded $62.7 million for 88 projects 
Mohawk Valley region awarded $60.2 million for 59 projects
Southern Tier region awarded up to $49.4 million for 58 projects

To learn more about Regional Economic Development Councils

For a full appendix of these projects, go to the Awards Booklet

For more information, contact:
ESD Office of Public Affairs
(800) 260-7313