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January 11, 2013

State of the State overview comes to Plattsburgh

PLATTSBURGH — Additional competition-based funding opportunities are coming in proposals outlined in Gov. Andrew Cuomo’s 2013 State of the State address.

New York Deputy Secretary of State for Local Government Dierdre “Dede” Scozzafava was in Plattsburgh on Thursday to deliver the first of several local presentations on the address. 

“The governor is committed to making sure you don’t have to rely on coming to Albany to get information,” she said.

His message has four core elements, Scozzafava said: attract good jobs and economic growth, create a world-class education system that prepares the next generation for the future, establish fiscal integrity and discipline and restore New York as the progressive capitol of the world.

Many of the proposals are in the early discussion stage, she said, and will become more clearly defined as the governor develops his preliminary budget in March.

INCUBATOR HOT SPOTS

Scozzafava said colleges and universities in New York spend the second-largest amount of money on research, behind California, yet only attract 4 percent of the nation’s venture capital, compared to 47 percent in the Golden State.

In addition, New York only ranks 22nd in industry-sponsored research.

To address those shortcomings, Cuomo proposes a competitive process to choose 10 higher education/private-sector high-technology incubator “hot spots.” Those zones would provide exemption from business, property and sales taxes.

A $50 million Innovation Venture Capital Fund would provide funding to five winners chosen each year for the next two years. North Country Chamber of Commerce President Garry Douglas said the region could benefit from the relationship with Clarkson University in that area, which he called a “gem.”

UNIQUE NEEDS

Market NY contains marketing initiatives to increase upstate growth. Those include Taste-NY to promote New York-grown and -produced products, with creation of stores across the state.

A $5 million advertising competition would reward the best regional marketing plans. 

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