State Consolidated Funding Applications Due August 12
The Finger Lakes Regional Economic Development Council (FLREDC) reminds businesses, educational institutions, local governments, not-for-profit groups and other stakeholders that New York State Consolidated Funding Applications (CFA) are due at 4 p.m. on Monday, August 12. As part of the third round of Governor Andrew M. Cuomo’s Regional Economic Development Council initiative to stimulate job creation and economic growth, up to $760 million in economic development resources are available to applicants through the CFA in 2013.
“The time is now for anyone interested in doing businesses in our nine-county region to submit your Consolidated Funding Application,” said Finger Lakes Regional Economic Development Council Co-Chairs, University of Rochester President Joel Seligman and Wegmans Food Markets CEO Danny Wegman. “Governor Cuomo established the CFA process to provide us—the people that live, work and do business here—with the tools and resources to invest in our region’s future. We are looking for projects that will create jobs, are ready to implement and will support the economic development priorities of our strategic plan for the Finger Lakes.”
In 2011, Governor Cuomo created the CFA to streamline and expedite the grant application process for state funds. The CFA process marks a fundamental shift in the way state resources are allocated, ensuring less bureaucracy and greater efficiency to fulfill local economic development needs. The CFA serves as the single point of entry for access to state economic development funding with applicants no longer having to slowly navigate multiple agencies and sources without any mechanism for coordination. The CFA is available at https://apps.cio.ny.gov/apps/cfa/.
For Round III, the FLREDC is seeking applicants that not only reflect the priorities that are most important to address the Finger Lakes region’s opportunities and challenges, but will also create, retain or fill jobs; maximize return on investment; and are ready for implementation. CFAs will be reviewed by the FLREDC based on their alignment with the Council’s strategic plan and will be reviewed on a technical basis by the applicable state agencies.
The Finger Lakes region’s 2011 strategic plan, “Accelerating Our Transformation,” leverages the region’s strategic advantages in academic research, workforce talent and high quality of life to position the area as a national leader and innovator in a diverse array of next generation technologies. The plan focuses on strategies that optimize business creation, retention and expansion; strengthens academic and industry partnerships; aligns workforce development efforts with the needs of key industry sectors; and invests in community and industrial development and infrastructure.
To read the full strategic plan, visit http://regionalcouncils.ny.gov/themes/nyopenrc/rc-files/fingerlakes/FLRE....
There are 26 programs available through 13 state agencies in 2013, including Empire State Development; New York State Canal Corporation; New York State Energy Research and Development Authority; New York Power Authority; Environmental Facilities Corporation; Homes and Community Renewal; Department of Labor; Office of Parks, Recreation and Historic Preservation; Department of State; Office of National and Community Service; Office of Temporary and Disability Assistance; Higher Education Services Corporation; Department of Environmental Conservation; and Council on the Arts.
The 2013 Available CFA Resources Manual and the 2013 REDC Guidebook, which provides the competitive guidelines for this year, are both available at www.regionalcouncils.ny.gov.