The Capital Region Economic Development Council (CREDC) is pleased to announce its first E-News publication!

Read the full newsletter here!

The Capital Region Economic Development Council (CREDC) is pleased to announce its first E-News publication!

Message from CREDC Co-Chairs

As we launch our e-newsletter to keep the Capital Region up-to-date on the progress – and promise – of the work of the Capital Region Economic Development Council (CREDC), we are buoyed by renewed energy, by increased emphasis on a strong Strategic Plan and by a successful track record in selecting priority projects of value. As the new CREDC Co-Chairs, we are anxious to move to the “next phase” of our work. And now, more than ever, that involves seeking your help and input. We understand that there is no substitute for the collective power of experience, knowledge and the desire to secure the future of our region. We believe that together, and collaboratively, we can create our own good fortune. The Council has five workgroups, and we urge you to consider joining one as we move ahead with our Strategic Plan. In the last month, we have revised the structure of these groups and, to an extent, re-cast their responsibilities. These workgroups include: Pipeline to Project and its three subgroups: (1) Technology and Innovation, (2) Infrastructure and Transportation, and (3) Agribusiness Public Engagement Project Metrics & Monitoring And we have added two new groups to better reflect the strengths and opportunities within our region: Arts, Culture & Tourism Workforce & Education To learn more about the work of these groups, please click here. We encourage you to sign up and help us shape tomorrow’s Capital Region. After all, we have been given an unusual opportunity by Governor Cuomo and we know that the hard work of many will help us create a reinvigorated and prosperous region. We look forwarding to working with you and collaborating to bring the best thinking and actions to bear on our future. CREDC Website Sincerely, James Barba & President Robert Jones, CREDC Co-Chairs Capital Region Economic Development Council February Meeting Summary On February 13, the Council met at the University at Albany to welcome new Co-Chair Dr. Robert Jones, President of the University at Albany, and newly appointed Council members Robert Blackman, Vice President of RealtyUSA; Joseph Wildermuth, Vice President of Peckham Materials; Dr. Quintin Bullock, President of Schenectady County Community College; and, David Buicko, COO of the Galesi Group. Lt. Governor Duffy welcomed the Council members and thanked everyone for their hard work during the past two years. He indicated that Capital Region had the second highest number of projects funded through the Round II CFA process in the State.

During the meeting, guest speakers highlighted three new programs that will advance economic development in the region and will inform the work of the Council in 2013: The Regional Innovation Specialist Program was presented by Everton Henriques of the Hudson Valley Technical Development Center. The program supports efforts to promote entrepreneurial and competitive strategies in the region. Laura Mann, a representative working on the project at the Center for Economic Growth, outlined 2 specific programs under development that will support CREDC initiatives: a virtual portal to bring 24/7 services to businesses, such as matching technology/resources; and a statewide NY Solutions Fair in each region, with the Capital Region event to be held on April 16th. For the summary of this section of the CREDC meeting at UAlbany click here; for more information regarding the NY Solutions Fair click here.

The Job Development Authority (JDA) Direct Loan Program was presented by Ray Salaberrios, Empire State Development (ESD) Senior Director. This program helps support small business lending in the Capital Region by working with banks (and other lending partners like the USDA) to support and facilitate expansion and growth of small businesses challenged with capitalizing their growth.

The Path Through History initiative was created by Governor Cuomo and is intended to highlight the state’s rich history while bolstering tourism, spurring economic development, and generating jobs. A work group has been assembled to develop a strategic plan for heritage tourism promotion that will be endorsed by the CREDC. More The Council also announced the formation of two new Work Groups (Arts, Culture, and Tourism; and Workforce and Education) as described in the co-chairs’ message above. Regional Project Pipeline On February 14th, several members of the CREDC’s Executive Committee met with county and municipal economic development officials from across the Capital Region. The discussion produced ideas for collaboration, a plan for ongoing dialogue, and a process for involving economic developers in the work of the Pipeline to Project work group. Capital Region Local Government Council Meeting On February 26th, representatives from the CREDC Executive Committee attended a meeting of the Center for Economic Growth’s Capital Region Local Government Council to update local elected officials on the 2013 CREDC agenda and discuss how local governments can participate in the process. Connect NY Broadband Grant Program Awards On March 5th Governor Andrew M. Cuomo announced that New York State will award $25 million in funding to expand high-speed internet access in rural upstate and underserved urban areas of New York through the Connect NY Broadband Grant Program. Projects in the Capital Region were awarded $3.8 million. For more information on the Connect NY Program and awards go to click here. CREDC Workforce & Education Workgroup to Hold Public Forums in Columbia, Saratoga, & Schenectady Counties Wednesday, March 13, 6 – 8 pm Columbia Greene Community College Professional Academic Center, Room 612 4400 NY 23, Hudson, NY (Participants should use parking lot A, B to access the PAC. The room is located downstairs first floor.) Thursday, March 14, 6 – 8 pm Hudson Valley Community College, Tec-Smart 345 Hermes Road, Malta, NY Friday, March 15, Noon – 2 pm Schenectady County Community College Stockade 101 78 Washington Avenue, Schenectady, NY (Participants can park in open parking areas. Signage will be posted to direct guests to Stockade 101.)

Items of Interest…….. Capital Region Path Through History Public Meeting The Capital Region Path Through History Work Group held a public meeting on February 28th to gain input for the development of its $100,000 marketing plan to encourage tourism, local economic development, and serve as an educational tool as part of Governor Andrew M. Cuomo’s Path Through History initiative. View Presentation For more information regarding the Capital Region Path Through History Work Group contact: Karen Billowith, Community Foundation of the Greater Capital Region; Alane Ball Chinian, Saratoga Capital District Region, NYS Parks Recreation & Historic Preservation; or Mark Castiglione, Hudson Valley Greenway. Capital Region Sustainability Plan

A coalition of Capital Region municipalities and organizations received funding from the New York State Energy Research and Development Authority (NYSERDA) to create a regional sustainability plan as part of Governor Andrew M. Cuomo’s Cleaner, Greener Communities Program. The draft Sustainability Plan is now available. Full Report

Empire State Development Newsletter Empire State Development’s February newsletter features articles on the tax credits of the Excelsior Jobs Program; NY❤FILM tax credit program participants; 2013-14 Executive Budget and Management Plan and much more. Click here to read the full newsletter. Hedley Park Place, 433 River Street – Suite 1003, Troy, NY 12180 | (518) 270-1130 | Unsubscribe


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