Important Reminder:
Upcoming MHREDC Public Meeting
Hybrid Meeting
Friday October 14, 2022 -12:00pm – 1:00pm
In-Person location:
SUNY Orange – Newburgh Campus, Kaplan Hall Great Room
One Washington Center, Newburgh, NY 12550
RSVP Required
Register Here
News from Gov. Hochul
More than 1 million households enrolled in Federal Affordable Connectivity Program – Learn more
Legislative package to strengthen New York’s nation-leading MWBE Program – Learn more
$9 million in Federal Homeland Security Grants – Read more
27 municipalities selected to participate in Clean Water Infrastructure Asset Management Program – Read more
Economic Development Opportunities
New York State Small Business Seed Funding Grant Program
The New York State Seed Funding Grant Program was created to provide assistance to early-stage small businesses to succeed in a recovering New York State economy.
Grant awards will be calculated based upon the annual amount of gross receipts as shown on their provided 2020 or 2021 business tax return.
Businesses with $5,000 and up to $49,999.99 in gross receipts: Award is $5,000/business.
Businesses with $50,000 – $99,999.99 in gross receipts: Award is $10,000/business.
Businesses with $100,000 – $1,000,000 in gross receipts: Award is 10% of gross receipts with a maximum grant amount of $25,000/business.
Find guidelines and details here.
New York’s FAST NY Shovel-Ready Grant Program
Empire State Development will provide up to $200 million in grants to prepare and develop sites statewide to jumpstart New York’s shovel-readiness and increase its attractiveness to large employers, including high-tech and semiconductor projects and other manufacturing, warehousing, distribution and logistics businesses.
Find guidelines and details here.
NYSERDA
Clean Energy Fund
The Clean Energy Fund (CEF), approved by the Public Service Commission (PSC) Order on January 21, 2016 and later modified on September 9, 2021 was established as a commitment to clean energy and efficiency measures, recognizing that deploying programs at scale has potential to address the pressing environmental and energy challenges, while providing enormous economic opportunity for New York.
Learn more about this funding program here.
Long Duration Energy Storage Technology and
Product Development
Proposals will be accepted through October 17, 2022
The New York State Energy Research and Development Authority (NYSERDA) seeks to stimulate and grow long duration energy storage solutions in hydrogen, electrical, mechanical, chemical, and thermal-electric energy storage innovation portfolios in New York State by by making up to $17 million in funds available.
Find guidelines and details here.
Regional Highlights
The 2022 Orange County Economic Summit was held on Friday, September 30, 2022 and brought together key stakeholders, elected officials, government administrators, community leaders and the business community to discuss key issues, trends, obstacles and future concerns related to Orange County’s continued economic growth.
President Joe Biden’s visit to IBM Poughkeepsie
Read about the event here
Substantial completion of $95 million
Newburgh-Beacon Bridge deck replacement project
Largest in history of New York State Bridge Authority – Read more
Major milestone on transformative conversion of
State Route 17 into Interstate 86 – Read More