Capital Region Economic Development Council: Local Advisory Report Completed

October 27, 2011

In response to Governor Cuomo’s announcement in the summer about the new Regional Economic Development Council initiative, the Capitalize Albany Corporation and partners have acted swiftly to solicit public engagement. Over the past few weeks Capitalize Albany Corporation has conducted a survey and held a forum, Prioritizing Albany, to assist with the development of a report outlining issues, opportunities, and potential projects in the Capital District. The report has been completed, and you can use this link to view it.

The report has been distributed to the Capital Region Economic Development Council (CREDC) to help provide as much detail concerning our local business climate, economic development and neighborhood revitalization efforts.   Our hope is that this report will help the Council to develop a regional strategy to guide what could be billions in state resource for the next several years.

To find out more about CREDC and to participate in their topic focused surveys link to http://capitalregionopenforbusiness.com/Home.aspx To find out more about Governor Cuomo’s state wide initiative, including this year’s 10 region competition for $200 million in economic development funds and tax credits link to http://nyworks.ny.gov/