POST Online Media Lite Edition



 

$1.1 million for development of Empire State's agriculture

Staff writer |
Governor Andrew M. Cuomo announced $1.1 million for projects that strengthen the research, promotion and development of New York State's agricultural industry.

Article continues below






19,000
jobs the Finger Lakes industry supports.
The funding, approved by the Genesee Valley Regional Market Authority, supports efforts range from upgrading equipment at the New York Wine & Culinary Center, to developing a marketing plan for the Lake Ontario Wine Trail, to boosting the craft beverage industry through research at the New York State Agricultural Experimental Station.

The Upstate revitalization Award-winning Finger Lakes Forward plan for investing state resources recognizes the centrality of agriculture in the region’s economy.

The Finger Lakes produces approximately a quarter of New York State’s total agricultural output and the industry supports 19,000 jobs in the region.

The Authority has awarded more than $6.5 million to 60 projects.
"Agriculture remains a key economic engine for New York and we must do all we can to ensure its continued strength," Governor Cuomo said.

"This funding will support the thousands of farms and agricultural businesses that call the Finger Lakes home, as well as the research that has been critical in the growth of New York's craft beverage industry."

The Genesee Valley Regional Market Authority, in cooperation with the New York State Department of Agriculture and Markets, solicits applications each year to assist in the development of agriculture and agriculture-related businesses in nine counties in the Finger Lakes and Southern Tier regions: Genesee, Livingston, Monroe, Ontario, Orleans, Steuben, Wayne, Wyoming and Yates.

The Authority has awarded more than $6.5 million to 60 projects in the region through the Agriculture Development Grant Program since 2011.

This announcement complements "Finger Lakes Forward," the region's comprehensive blueprint to generate robust economic growth and community development.

The State has already invested more than $3.4 billion in the region since 2012 to lay the groundwork for the plan – investing in key industries including photonics, agriculture and food production, and advanced manufacturing.

Today, unemployment is down to the lowest levels since before the Great Recession; personal and corporate income taxes are down; and businesses are choosing places like Rochester, Batavia and Canandaigua as a destination to grow and invest in.

Now, the region is accelerating Finger Lakes Forward with a $500 million State investment through the Upstate Revitalization Initiative, announced by Governor Cuomo in December 2015.

The State’s $500 million investment will incentivize private business to invest well over $2.5 billion – and the region’s plan, as submitted, projects up to 8,200 new jobs.


What to read next

Global wheat supplies reach new record high
China imports 2.97 million mt of wheat in 2015
Ukraine grain harvest totals 6.5 million tonnes so far