Governor Cuomo Announces $715.9 Million in Economic Development Funding

Dec 11, 2013

Albany, NY (December 11, 2013)

Governor Andrew M. Cuomo today announced that $715.9 million has been awarded through Round Three of the Regional Economic Development Council initiative.

A centerpiece of the Governor's strategy to jumpstart the economy and create jobs, the Regional Councils were put in place in 2011 to redesign the state's approach to economic development from a top-down model to a community-based, performance-driven approach. The initiative empowers community, business, and academic leaders, as well as members of the public in each region of the state, to develop strategic plans specifically tailored to their region's unique strengths and resources in order to create jobs and support economic growth.