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The seven-county region was the second strongest labor market in New York behind Long Island’s 4.4 percent unemployment.
It marked a slight drop of 0.2 percent from October unemployment.
Johnny LeHane, a founding manager for the fund, said the group will invest between $50,000 and $250,000 each in four to eight companies.
The Accelerator, the New Windsor incubator backed by the Orange County Industrial Development Agency that works to revive the mid-Hudson Valley manufacturing industry, will host...