To: Hudson Valley students, faculty, and staff
From: Andrew “Drew” Matonak, president
Governor Cuomo formally introduced START-UP NY in October 2013 with the State University of New York system serving as the primary infrastructure to attract investment from the private sector. Under START-UP NY, businesses may operate tax-free for 10 years on eligible college campuses (or on nearby property) where mutually beneficial strategic partnerships are possible. Employees of the businesses also will be exempt from state taxes for a 10-year period.
Hudson Valley Community College is proposing START-UP NY partnerships that target new or relocating companies focused on advanced or chemical manufacturing, biotechnology, clean energy development, nanotechnology and semiconductor manufacturing. Additionally, Hudson Valley’s proposal considers businesses related to computer science, health information management and information systems. Eligible businesses must locate within one mile of the college’s Educational Opportunity Center located in downtown Troy.
START-UP NY is generating significant business interest across the state. Our proposal to partner with private industry could spur new regional growth and economic development activities. Further, the public-private partnerships could serve as a resource for academic departments and programs, student recruitment, internships and job placement for our graduates. The proposal is available on our Web site: www.hvcc.edu/startupny/.
Per state legislation, proposals must be available for 30 days for comment by the college community, partners and stakeholders. We welcome your thoughts via e-mail to startupny@hvcc.edu through Friday, Nov 7, 2014.
Published: Wed, 15 Oct 2014 12:35:02 +0000 by a.matonak