Central New York Regional Economic Council top winner in state’s strategic development funding competition

CNY Regional Economic Council, co-chaired by SU Chancellor Nancy Cantor and CenterState CEO’s Rob Simpson, wins $103.7 million in funding for region

On Dec. 8 in Albany, New York State Governor Andrew Cuomo announced the winners of the NYS Regional Economic Development Council competition. Of the 10 regions in the state vying for $785 million in state funding, the Central NY Regional Economic Council’s strategic plan was selected as the No. 1 plan across the state. The region was awarded $103.7 million in new state funding—the most of any region.  

The Central New York Council was spearheaded and led by two co-chairs—SU Chancellor and President Nancy Cantor and Rob Simpson, president and CEO of CenterState CEO. 

The CNY plan was a holistic economic strategy that reflected the input of thousands of Central New York residents who participated in the process, hundreds of issue experts, more than two dozen Council members and several national foundations, consultants and think tanks, all of which have been working hand in hand with the Central New York region for years to transform its approach to economic growth.  The plan embraced the region’s economic diversity and its anchor institutions, leveraged its unique assets and prioritized innovation and collaboration, and is evidence of the positive benefit, to both the University and region, of SU’s community engagement and outreach efforts. 

To view the Governor’s press release, which provides more details on the completion and results, visit: http://www.governor.ny.gov/press/12082011RegionalCouncils.