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The Telegram
  • Economic development council reviews action plan, shares year one results

  • The Mohawk Valley Regional Economic Development Council last month submitted an action plan in hopes of getting a share of more than $760 million in state funds to spur economic growth.

    For this round, the council identified 70 priority projects representing a total investment of $216 million and more than 1,100 potential new jobs and more than 3,000 retained jobs.

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  • The Mohawk Valley Regional Economic Development Council last month submitted an action plan in hopes of getting a share of more than $760 million in state funds to spur economic growth.
    For this round, the council identified 70 priority projects representing a total investment of $216 million and more than 1,100 potential new jobs and more than 3,000 retained jobs.
    Speaking during an outreach meeting at Ilion High School Thursday night, Empire State Development Mohawk Valley Regional Director Kenneth Tompkins said the plan details the region’s progress in advancing the council’s strategic plan developed last year, the status of projects awarded resources in the first round and the priority projects it has identified this year as consistent with its strategies.
    Last fall, the Mohawk Valley Regional Economic Development Council submitted a plan that garnered $60.2 million in state support for 59 projects across the region through Gov. Andrew Cuomo’s regional council initiative and consolidated funding application process. The Mohawk Valley region includes Fulton, Herkimer, Montgomery, Oneida, Otsego and Schoharie counties.
    Tompkins said the plan development process involved council members and community stakeholders from across the region, with input gathered through public meetings, public forums and consolidated funding application workshops, as well as comments submitted on the council’s website. The council also identified priority projects that Tompkins said demonstrate the greatest potential for job growth.
    “These projects represent critical opportunities, across all six counties, to build upon the region’s strengths and competitive advantages, and immediately accelerate job creation and growth,” he said.
    Tompkins said the council serves as a single point of contact for economic activity in the region.
    “The action plan provides a roadmap for promoting and sustaining a diverse, integrated and dynamic regional economy. It puts forth ways to capitalize on the region’s strengths,” he said.
    Reviewing the council’ year one progress report, Tompkins said nearly 60 projects, including 32 priority projects, received awards in the first round of the consolidated funding application process and are injecting millions of dollars of new investments into the Mohawk Valley’s regional economy.
    He said the strategic implementation assessment team and Gov. Cuomo are in the process of visiting each of the state’s 10 regions to hear presentations and participate in a tour of the council’s implementation activity and priority projects. He said the tours will make the economic development process more transparent, open and publicly accessible, adding funding awards for the second round of the consolidated funding application process are expected to be announced later this fall.
    “If someone has a project that they believe is consistent with the council’s strategies we want to hear from them,” said Tompkins. “We tell people not to wait for another round of funding to inform us of your project. The council is here to serve the region and would hate for an individual or a business to lose out on an opportunity to further themselves and improve the Mohawk Valley.”
    Page 2 of 2 - The council’s action plan can be found at www.regionalcouncils.ny.gov/content/mohawk-valley.
    The progress report can be found at http://regionalcouncils.ny.gov/content/mohawk-valley.
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