JAMESTOWN - State Gov. Andrew M. Cuomo today detailed Start-Up NY and the initiative's benefits for Upstate New York in Chautauqua County at Jamestown Community College. Through Start-Up NY communities across Upstate stand to benefit in a major way from increased partnership between the private sector and the state's leading network of higher education institutions.
"This has been one of the most productive legislative sessions on record for communities in Upstate New York," Cuomo said. "Over the past two years, we've changed the economic development paradigm from an Albany-top-down model to a jobs agenda built from the ground up. This year, we put those efforts into high gear. From lowering middle class taxes to their lowest rates in sixty years to launching innovative tech-transfer initiatives and investing in higher education, it has already been a banner year for upstate economic development. We ended this year's session with a major initiative to jumpstart the economy Start-Up NY, which will create tax-free communities around our SUNY schools to attract new private sector investment and employment opportunities. For years, Albany has not given Upstate New York the attention it deserves, but with the achievements of this legislative session, there can be no doubt that those days are over and gone."
SUNY Chancellor Nancy Zimpher said, "SUNY campuses are centers of research and innovation across the state, and making this smart investment in our students and the ideas of today will mean the scientific breakthroughs and jobs of tomorrow. SUNY is the economic driver in New York State and because of Governor Cuomo's visionary ideas and leadership we are now poised to create more opportunities for New Yorkers, foster new businesses and commercialization, and help transform communities all across the state."
Senator Catharine Young said, "The Start-Up NY program will foster our entrepreneurial spirit, grow jobs, and renew our economy. We are fortunate to have some of the best colleges and universities in the country right here in New York State. Start-Up NY will maximize our potential and support the commercialization of research and technology being developed on our college campuses. The Start-Up NY program compliments the economic progress that we have made over the past three years by capping property taxes, giving tax relief to small businesses and manufacturers, and making our business environment more competitive. My hat is off to the governor for his innovative ideas and his commitment to restoring the Upstate economy."
Complete coverage on the governor's stop in Thursday's edition.