Created by Governor Cuomo, the Regional Economic Development Councils represent a fundamental shift in the state's approach to economic development - from a top-down development model to a community-based approach that emphasizes regions' unique assets, harnesses local expertise, and empowers each region to set plans and priorities.
Each regional council was tasked with submitting a five year strategic plan. The plan is to provide a regional vision for economic development, address critical issues and opportunities, and lay out an implementation roadmap for future growth. The state will work with the regional councils to align state rsources and policies, eliminate unnecessary barriers to growth and prosperity, and streamline the delivery of government services and programs to help the regional councils carry out their plans for development.
On December 8th, Governor Cuomo announced that $785 million has been awarded through the Regional Economic Development Council initiative. Strategic plan rankings were announced and funding packages were awarded to all ten Regional Councils.
To learn more about each region and their economic development plans, visit www.nyworks.ny.gov.
For a full appendix of all funded regional projects across the state, visit my website at www.saland.nysenate.gov and click on the Open for Business button.