Central New York Regional Economic Development Council

Gov. Cuomo's flickr page

Central New York walked away Thursday with just over $62 million  from the regional economic development awards, placing it midpack among regions across the state.  In all, the state awarded more than $700 million to 10 regions.  It’s the sixth year the state has used the formula in an effort to revitalize upstate’s economy.  The presentation was complete with a video highlighting each region’s emerging strengths. 

Official Flickr of Governor Andrew Cuomo

  Central New York’s Regional Economic Development Council continued its winning ways this year, walking away from Gov. Andrew Cuomo’s Upstate Revitalization Initiative (URI) and Regional Economic Development Council (REDC) Awards with a total of $500 million.

The region will receive the money over the course of five years in roughly $100 million increments.  


Central New York once again walked away with one of the most lucrative awards from the Governor’s Regional Economic Development Sweepstakes Thursday.  $80 million will help projects ranging from hotels and apartment development… to small businesses and the inner harbor.

Stickley powerpoint slide
John Smith / WAER

The Central new York Regional Economic Development Council (CNYREDC) held a presentation at the SUNY College of Environmental Science and Forestry Wednesday detailing the progress it has made in creating jobs and ensuring economic development in the area. The presentation was held in preparation for a request of $31 million in funding, the Council's third round of sponsorship from the state government.