THE WESTERN NEW YORK REGIONAL ECONOMIC DEVELOPMENT COUNCIL
What is the Regional Council? What does it do? What can it do for me or my company?
by: Colleen DiPirro
Shortly after being elected, Governor Andrew Cuomo created 10 Regional Councils across the state for the purpose of establishing regional strategies for job creation and business growth. Our local council, which serves in an advisory capacity to state government, identifies projects and priorities for investment. We do this via Consolidated Funding Applications or CFA's.
CFA's are a streamlined approach to funding requests. A single portal allows access to up to $760 million in funding from 30 different programs and 13 state agencies. Applications for funding opened June 17th and will remain open until August 12th at 4PM. Any business or agency in our region that has a project that aligns with our regional strategy should go to www.RegionalCouncils.ny.gov and click the Consolidated Funding Application tab to review or apply for funding.
As stated, to be considered for funding projects must be identified as a priority project by the Regional Council. Priority projects are those that create, retain or fill jobs; provide a return on investment and are ready for implementation.
Our WNY economic development strategy focuses on growing our strategic industries which are: Advanced Manufacturing, Agriculture, Logistics, Energy, Health and Life Sciences, Higher Education, Professional Services and Tourism. If you have a project that fits into one of these categories and promotes entrepreneurism, assists in implementing smart growth philosophies or adds value to preparing our workforce for current or future employment opportunities, you need to review the Consolidated Funding Application and apply for assistance.
Feel free to reach out to me at firstname.lastname@example.org for more information or plan on attending an upcoming CFA Workshop. Go to www.RegionalCouncils.ny.gov for details on the programs which are being held July 28th at the Niagara Falls Convention Center and July 22nd in Olean and Jamestown.