Espaillat’s proposed “Seed-NY” program will invest in growing businesses in the state and create tech sector jobs
(New York, NY) – With just nine days left in the legislative session, Senate Democrats are urging immediate action to get New York working again - announcing a workforce reinvestment plan to spur job creation and strengthen protections for the unemployed. As part of a larger job creation package, Senate Democrats are highlighting Senator Adriano Espaillat’s legislation (S. 1864) which creates the Seed-NY program.
Income tax revenues so far are running $214 million ahead of projections, Senate Democrats said, and they want to spend some of that money, about $100 million, on a series of initiatives designed to grow jobs across the state. Some of these bills have come up before, while some, such as a bill expanding electric power in Western New York, have the support of key Republicans. Mostly, the bills set up training tax credits, small business assistance and capital for new businesses.
Businesses assisted on various fronts including MWBE certification, license/permits, workers’ compensation, and doing business with the state
(New York, NY) – Over 150 small businesses, representing a cross-section of local economic activity in Manhattan and the Bronx, participated in an important training for Minority and Women Owned Business Enterprises (MWBE) organized by State Senator Adriano Espaillat, Council Member Ydanis Rodriguez, and other local officials.