Information about Round 8 CFA funding is now available. Visit the Regional Economic Development Council Website to find out how to apply, read the REDC guidebook, and learn about available funding sources.
The Mohawk Valley Regional Economic Development Council (MVREDC) is the strategic economic advisory board for the greater Mohawk Valley Region.
Through the Regional Economic Development Councils, we have replaced the ‘one-size fits all’ approach to economic growth with a ‘ground-up’ strategy that focuses on cooperation and investing in regional assets to generate opportunity. - Governor Andrew M. Cuomo
Danfoss Silicon Power, along with Commissioner Howard Zemsky, welcomed their first employees to join the newly formed advanced power module production in Utica, NY.. The technology will create smaller...
Governor Cuomo’s Downtown Revitalization Initiative (DRI) is transforming downtown neighborhoods into vibrant communities where New Yorkers want to live, work and raise families.
In its third year, the program will invest $100 million into 10 additional downtown neighborhoods across the state. Participating communities are nominated by the state’s ten Regional Economic Development Councils (REDCs) based on the downtown’s potential for transformation, and each community is awarded $10 million to develop a downtown strategic investment plan and implement key catalytic projects that advance the community’s vision for revitalization.
The DRI is chaired by New York Secretary of State Rossana Rosado, and supported by private sector experts funded by Empire State Development, and a state agency team from the Department of State and the NYS Homes and Community Renewal. Other agencies are also involved in reviewing and implementing projects.