New York: Building The Markets
New York State is achieving gains in both domestic and international markets with its inherent strengths.
Governor Kathy Hochul announced that over $51 million has been awarded to improve five locations under the Focused Attraction of Shovel-Ready Tracts New York grant program.
FAST NY Program
The FAST NY program, administered by Empire State Development, aims to prepare and develop sites across the state to attract large employers and high-tech manufacturing companies.
- Awarded over $283 million to 34 sites in Upstate New York since its inception.
- Helps diversify New York State's economy by supporting site improvements that encourage new investments, grow businesses, and create jobs.
Governor Hochul secured an additional $100 million in the FY26 Budget to expand the FAST NY program.
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Author's summary: New York State gains in domestic and international markets.