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Home Economic Development

Ideas sought for $500 million NY revitalization competition

Evan Fallor by Evan Fallor
October 27, 2015
0

Hudson Valley Pattern for Progress is seeking economic development ideas to be included in the Mid-Hudson Regional Economic Development Council’s bid for $500 million through New York’s Upstate Revitalization Initiative.

Ideas are sought for regional tourism, including agriculture and food and beverage; city, town and village investments; and high-tech and high-salary job creation. As part of a competition approved by the state Legislature, New York will award up to $500 million in funds to three economic regions from the Hudson Valley north.

Regional economic development councils are asked to submit a long-term revitalization plan that includes the region”™s strengths and how it will overcome its weaknesses, how the region will create good-paying permanent private-sector jobs, how the region will lure significant private-sector investment and why an influx of state resources will help create sustainable economic growth.

Those interested in submitting project ideas on behalf of the mid-Hudson region can do so at hvrevitalize.com.

Founded in 1965, Pattern for Progress, a nonprofit, is a planning organization that promotes economic growth in the Hudson Valley. It is based in Newburgh and serves Westchester, Rockland, Putnam, Orange, Dutchess, Sullivan, Ulster, Columbia and Greene counties.

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© 2024 Westfair Business Publications. All rights reserved. Westfair Communications (Westfair), a privately held publishing firm based in Mount Kisco, N.Y., publishes the Westchester County Business Journal in New York state and the Fairfield County Business Journal in Connecticut.