The governor highlighted several projects from this round of funding including:
Lowville Producers Dairy Cooperative, Inc., which received a $1.3 million ESD grant and a $500,000 Excelsior Jobs tax credit to purchase, renovate, and operate the Queensboro dairy-processing plant in Canastota. The $6.6 million project will create 16 new jobs.
Stark Truss Company, Inc., which received a $100,000 ESD grant and a $200,000 tax credit to build a new manufacturing facility in Griffiss Business and Technology Park in Rome. The wood-components manufacturer and supplier will create 13 new jobs with the $2.3 million project.
(Sponsored)
Tips, Overtime and More: Are You Ready for the One Big Beautiful Bill?
Since officially becoming law on Independence Day 2025, the One Big Beautiful Bill Act (OBBBA) has led to significant changes in both individual and business taxes. For businesses with employees
Financial Inclusion through Affordable and Safe Banking Products
Financial inclusion is the accessibility of useful and affordable financial products and services to all individuals and businesses. Financial institutions have made strides in advancing these practices, most recently in
The Treehouse Hourly Child Care, LLC, which received a $170,000 ESD grant to purchase and renovate a building to expand its daycare services in Watertown. The project total is $850,000.
The full list of funding recipients for this round is available online at https://regionalcouncils.ny.gov/sites/default/files/2022-11/REDC_Round_12_Award_Bookelt.pdf.
To date, the REDC initiative has awarded more than $7.8 billion to projects that created more than 9,600 new jobs.
The application for ESD grant funds remains open with applications reviewed on an ongoing basis.
Applicants with shovel-ready projects that align with the state and their region’s economic-development priorities can apply through the consolidated funding application online at apps.cio.ny.gov/apps/cfa/.
The state’s 10 regional councils are public-private partnerships made up of local experts and stakeholders from business, academic, local government, and non-government organizations.
