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The Orange County city of just under 30,000 was identified as a “Flagship Place” in the Regional Plan Association’s new Fourth Regional Plan.
Trustco Bank created its hall of fame to honor individuals who demonstrate strong community involvement and work to bring about positive changes.
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...