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 assests, 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 resources 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.
Governor Cuomo announced on December 8th that $785 million has been awarded through the Regional Economic Development Council initiative. The Governor awarded funding packages to each of the 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 regional projects, descriptions and total award, visit my website at www.saland.nysenate.gov and click on the Capital Region Open for Business link.