Governor Andrew Cuomo announced this morning that the Mohawk Valley will receive $60.2 million in grants from the Regional Economic Development Council.
This is all a part of the Regional Economic Development Council Initiative in order to create jobs and spur economic growth.
The Mohawk Valley competed with 9 other regions in the State of New York.
Here is how the money will be broken down.
(From the Governor's Office)
Check back for more details.
AWARDED $60.2 MILLION FOR 59 PROJECTS
Strategy for Investing in Transformative Infrastructure and Creating a 21th century Workforce in the Mohawk Valley
The Mohawk Valley Regional Council Plan leveraged the region's assets and economic heritage to create a cohesive regional network of technological innovation, multi-modal transportation, and community revitalization.
The Council's plan was designed to promote the region's businesses, growth potential, employment concentrations, workforce skills, and expand the development of new products, services, and technologies. Proposed priority projects sought to increase the region's efficiency and productivity by leveraging physical and natural assets, and by modernizing the region's governance system.
Transformational Investment in New Technologies
$15 million will construct a new SUNYIT - CNSE Computer Chip Integration and Commercializing Center, a cross-university partnership between SUNY Institute of Technology and the College of Nanoscale Science and Engineering in Albany. This initiative will result in the construction of a 200,000 square foot facility on the SUNYIT campus at Marcy as well as developing infrastructure that will support the region's growing semiconductor and advanced manufacturing capacity.
$10 million will support infrastructure improvements to the planned development at MarcyNano and SUNY IT, including $5 million to enhance Oneida County's public sewer system and $5 million for the construction of the MarcyNano Ring Road.
Developing a New Innovative Business Park
$2 million will develop the Tryon Technology Park and Incubator Center in Fulton County. This project involves transforming the former Tryon juvenile detention facility into a job creating, revenue generating business park, modeled after three successful business parks already established in the county. Shovel ready sites will be created to attract businesses that would create more jobs than were lost in the closure of the juvenile detention facility.
Building New Waterfronts in Mohawk Valley Cities and Towns
Over $3 million will support major private-public waterfront projects at key regional hubs, including Utica, Rome, Amsterdam and Frankfort.
$1.5 million will construct a Biomass plant that will generate steam and electricity for customers of Griffiss Business and Technology Park in Rome, continuing support for technological innovation in the Mohawk Valley.
Workforce Alignment and Education
Nearly $1 million will fund new training and educational programs at Mohawk Valley's academic institutions to boost the capacity and skills of the regional workforce. Programs being supported include the Cyber shield program at SUNY IT, training for healthcare professional programs at Herkimer Community College and rural education opportunities in the Milford School District.
The approved Mohawk Valley regional plan includes 59 funded projects totaling $60.2 million.
For a full appendix of these projects, go to: http://www.governor.ny.gov/assets/documents/CFAAWARDSBooklet.pdf