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Southern Tier Regional Council Announces Consolidated Funding Application Workshops

Public Forums to learn about the CFA process and how to access up to $750 million in economic development funding from agency programs through one application
(May 08, 2012)

Southern Tier Regional Council Announces Consolidated Funding Application Workshops

The Southern Tier Regional Council today announced the launch of Consolidated Funding Application (CFA) workshops for the second round of Governor Andrew M. Cuomo’s initiative to stimulate job creation and economic growth through the Regional Economic Development Councils.

The Southern Tier Regional Council team will be hosting 3 CFA Workshops to provide more information on available assistance from numerous State agencies and guidance to successfully completing the application. These training workshops are open to local economic development officials, municipalities, non-profits and businesses. The workshops will be held in:

Corning – May 22, 2012
Corning Community College, Main Campus

Norwich – May 24, 2012
Morrisville State College, Norwich Extension

Binghamton – June 8, 2012M
Binghamton University, Main Campus

Tom Tranter, President & CEO Corning Enterprises and Co-chair of the Southern Tier Regional Council said, “The CFA workshops are critical to the success of the goal of the Regional Council initiative to spur economic growth and job creation. When applicants better understand the resources and programs available to them, we get stronger applications and projects that are consistent with the strategic plan to revitalize our region’s economy.”

David Skorton, President of Cornell University and Co-chair of the Southern Tier Regional Council said, “The CFA workshops are another tool in our drawer to help support great projects that will create much-needed jobs and foster economic activity in our communities. When applicants understand what we’re looking for in our strategic plan, we get stronger applications and better projects that will have a significant impact on the Southern Tier’s economic recovery.”

Last year, Governor Cuomo created ten Regional Economic Development Councils to transform New York’s approach to economic development. The Regional Councils exceeded all expectations and redefined the way New York invests in job creation. To build on that success and keep the momentum going, Governor Cuomo has launched a second round of up to $750 million in economic development funding, including $220 million to implement regional strategic plans and support priority projects – $150 million in capital and $70 million in tax credits from the Excelsior Jobs Program – and over $530 million from state agency programs through the CFA to support regionally significant economic development projects.

As part of the Regional Council initiative, the NYS Consolidated Funding Application (CFA) was created to serve as the single application economic development projects must complete to be eligible to access the state resources that have been made available to support the Regional Councils. The CFA allows an applicant to access multiple funding sources from dozens of existing programs through one comprehensive, web-based application.

For the second round, the CFA will provide access to economic development resources from 21 programs across a dozen state agencies. Improvements to the CFA in 2012 have made it an even more business-friendly and productive tool for economic development. It will remain the primary portal for businesses to apply for state agency resources, including resources for community development, direct assistance to business, waterfront revitalization, energy and environmental improvements, sustainability, workforce development, agricultural economic development and low-cost financing.

State agencies and authorities making resources available in the 2012 CFA include: Empire State Development; NYS Canal Corporation; NYS Energy Research and Development Authority; Environmental Facilities Corporation; Homes and Community Renewal; Department of Labor; Parks, Recreation and Historic Preservation; Department of State; New York Power Authority; Agriculture and Markets; Department of Environment Conservation; and the Council on the Arts. Applicants must submit their CFA by July 16, 2012.

In addition, the New York Power Authority and Economic Development Power Allocation Board (EDPAB) will be using the CFA to implement “Recharge New York,” a new, low-cost power program for New York businesses and not-for-profits. NYSERDA will continue to accept applications for its open enrollment energy efficiency programs until all funds have been exhausted.

Once the CFA is submitted by the applicant, it goes to the local Regional Council to be reviewed and ranked as part of its strategic planning process.

Application materials are available online at http://nyworks.ny.gov.

Schedule for CFA Workshops:
Pre-registration is requested on-line at http://regionalcouncils.ny.gov/content/southern-tier or by calling the Regional Office at 607-721-8605.

Corning – Tuesday, May 22, 2012, 5:30 pm – 8:00 pm
Corning Community College, Main Campus
Commons Building
Parking available in the student and visitor lots

Norwich – Thursday, May 24, 2012, 10:00 am – 12:30 pm
Morrisville State College, Norwich Extension
Community Room, First Floor
Parking available in the Conkey Avenue lot

Binghamton – Friday, June 8, 2012, 12:00 noon – 2:30 pm
Binghamton University, Main Campus
Old Union Hall, First Floor
Parking available in the University Visitors lots

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