Monthly Archives: August 2013

Campuses evaluating space for START-UP NY

State and local college officials are planning for START-UP NY that begins Jan. 1. All 64 campuses have completed an analysis on where the tax-free zones could be located.

Companies participating in START-UP NY will see tax relief for 10 years and employees of those companies will not pay income taxes for the first five years.

To qualify, companies must create and maintain new jobs. START-UP NY will be open until Dec. 31, 2020.

David Mihalyov, chief communication officer for The College at Brockport told the Rochester Democrat and Chronicle, “I think it’s very important for a campus and its surrounding community to really develop the shared understanding of how it wants to advance this… It forces campuses to engage in a less introspective conversation, and one that’s recognizing we’re part of a community. We have a pretty big footprint and we need to be developing and evolving our facility in concert.”

Rochester Business Alliance ACA session

The Rochester Business Alliance (RBA) will hold a session on Friday, September 27, 2013 from 8:30-9:30 a.m. to help businesses understand and navigate the Affordable Care Act (ACA).  RBA offers this free health care reform presentation as part of the Community Service Society of New York’s Small Business Assistance Program (SBAP).

This presentation will focus on the mandates and incentives of the ACA of importance to small business, including tax credits, health insurance and care options for small businesses and their employees, and the upcoming New York Health Benefit Exchanges.

For more information visit the Rochester Business Alliance website or contact Dan Smith, (585) 256-4616, Dan.Smith@RBAlliance.com.

 

State’s highest court will hear gas drilling cases

The Court of Appeals, New York’s highest court will hear two cases that could determine whether local communities can ban gas drilling.  The courts will most likely not hear the cases before May 2014 and a ruling is not expected until July 2014.

The cases brought against the towns of Dryden, Tompkins County, and Middlefield, Otsego County had unanimous rulings by lower courts upholding their right to ban gas drilling.

At the time of the Dryden appellate decision, The Business Council of New York State issued the following statement:

Heather C. Briccetti, Esq., president and CEO of The Business Council of New York State, Inc., said, “The Business Council’s position is unchanged. We have been a steadfast supporter of shale development. The economic opportunities and potential jobs created by natural gas development would bring a lasting positive impact to the region and the state, and we believe that scientific and technical reviews will prove the case for moving forward with permits in New York State.  Regardless of the final court outcome on this case, we oppose statutory prohibitions on the state or local level, as contrary to sound economic, energy and environmental policy.”

The Public Policy Institute of New York State, Inc. report Drilling for Jobs: What the Marcellus Shale could mean for New York found that creating as few as 300 natural gas wells per year in the Marcellus Shale has the potential to generate more than 37,500 jobs annually in New York. Natural gas exploration provides high paying jobs. The average wage in Oil and Gas Extraction and Support Activities for mining is $79,184 in New York State, over double the private sector wage in upstate New York of $39,157.

Additionally, Republican state Sen. Greg Ball, who initially backed a moratorium on hydraulic fracturing wrote an op/ed supporting a gradual phase in that is regulated by the state.

Ball wrote, “Let’s be frank, our friends upstate and in the Southern Tier are starving for job creation… a recent report by the state Comptroller’s office showed that the five counties that border the State of Pennsylvania and would benefit most…”

Ensuring website security

With the recent attack on The New York Times website, many businesses are asking how secure their websites are.

Business News Daily outlines what companies should be thinking about when it comes to securing their websites. Citing surveys and sources, the article notes that most business owners think their websites are secure but that there are growing security vulnerabilities in today’s world.

Businesses should also consider a multifaceted approach. Know what kind of security their web provider has is just as important as employee education.

Read the full article with tips to protect your business on the Business News Daily website.

New York businesses get flood funding

New York businesses received more than $1.4 million in aid from New York state yesterday as Governor Andrew Cuomo issued $13.6 million in state aid checks to homeowners, renters, businesses and farmers affected by July flooding across the Mohawk Valley, Central New York and Niagara County.

Below is a county by county breakdown of the funding:

County Checks Issued Total Amount Small Businesses
Herkimer 558 $6,604,757.00 24/ $552,902.34
Oneida 145 $1,636,791.42 5/ $250,000.00
Montgomery 104 $1,636,791.42 5/ $250,000.00
Madison 86 $1,678,688.18 6/ $154,759.56
Niagara 313 $2,276,031.13 7/ $237,277.75
Total 1,206 $13,615,480.96 53/ $1,464,446.41

 

The NYS Flood Recovery Program is a coordinated effort by the NYS Department of Homeland Security and Emergency Services (NYS DHSES), NYS Homes and Community Renewal (NYS HCR) and the NYS Department of Agriculture and Markets (NYS DAM).Additional applications are currently being processed and more checks will be issued in the near future.

Report: county and municipal payrolls

The Empire Center’s new report, What They Make, provides an annual report on public payrolls and compares government costs.

The information is based on data submitted annually to the New York State and Local Retirement System (NYSLRS) by all local governments other than New York City. Information on individual public employee salaries for every year starting in 2008-09 can be found at the Empire Center’s transparency website, www.SeeThroughNY.net.

Read the report and find thee searchable database here.

Vernon Downs handle tops $300,000

Sunday night’s race card at Vernon Downs, headlined by the opening round of the All-Star Drivers’ Championship and Zweig Memorial Trot, produced the track’s highest single-card wagering handle since 2009.

The total handle, including on-track and off-track simulcast locations, totaled $313,690, the track’s highest figure since hosting the New York Sire Stakes Night of Champions in September of 2009. It also represents a nearly 20% increase over last year’s Drivers’ Championship and Zweig Memorial Trot card.

“We worked extremely hard to promote one of our signature nights of the season and we’re pleased to see how well-received it was by horseplayers nationwide,” said Scott Warren, Director of Racing.

 

NYS P-TECH partnerships announced

Governor Andrew M. Cuomo announced 16 winners of a statewide competition to form public-private partnerships that will prepare more than 6,000 New York high school students for high-skill jobs in technology, manufacturing and healthcare. Students will earn an associate degree at no cost to their families and will be first in line for jobs with participating companies when they graduate.

Heather C. Briccetti, Esq., president and CEO of The Business Council of New York State said, “NYS P-TECH offers an innovative approach to equip today’s students with the skills they’ll need to succeed. A highly skilled workforce is a critical element in local economic development. The Business Council and our members are pleased to be partners at the state level and in each local collaboration. We are eager to roll up our sleeves and start planning these new schools.”

Governor Cuomo said, “This groundbreaking program will give students across the state the opportunity to earn a college degree without taking on significant debt from student loans while also starting on a pathway to a good-paying job when they graduate. These public-private partnerships are a model for success for our students, our employers and our regional economies.”

NYS P-TECH was announced as part of the Governor’s 2013-2014 Executive Budget and will receive additional funding and support through the State Education Department. The public-private initiative was launched in partnership with IBM, which helped create the P-TECH program and will provide tools, training and support to each NYS P-TECH school.

Winning partnerships were selected through a highly competitive process and represent leading industries in each of the state’s 10 Regional Economic Development Council areas.

Click here to see the 16 NYS P-TECH partnerships.

Stanley S. Litow, Vice President of Corporate Citizenship and Corporate Affairs at IBM and President of the IBM Foundation, said, “This extraordinary replication of P-TECH throughout the 10 economic development regions sets New York apart as the first state to ensure that rigorous academics in these schools are directly linked to great careers.”

Nancy Zimpher, Chancellor of the State University of New York said, “NYS P-TECH is an innovative program that connects high school, college, and the world of work, all aligned through a single challenging curriculum that keeps students focused, engaged, and excited.”

Syracuse company to boost digital exports

CenterState Corporation for Economic Opportunity, a nonprofit that promotes economic development in the Syracuse area will receive a $225,000 federal grant, which is expected to generate an estimated $29 million in exports during the next three years for the digital device industry.

CenterState will provide $475,000 in matching funds for the grant through the International Trade Administration’s Market Development Cooperator Program for exports to Asia.

The Brookings Institution estimates that for every $1 billion in increased export sales, more than 5000 jobs are created and workers earn 1 percent to 2 percent higher wages. Doubling exports in the Syracuse metro area from $3.3 billion to $6.6 billion offers the potential to create 18,000 new jobs, according to CenterState.