New York isn’t commonly known as a manufacturing hub. But the Empire State is logging significant growth in the sector and has added more than 13,300 manufacturing jobs since 2021. Following a decades-long decline in the sector, the state is now attracting a wave of interest. More than 420,000 New Yorkers now work in the sector, contributing more than $83 billion to the state’s domestic gross product in 2022. New York has more than 72 semiconductor facilities across the state, making it the largest semiconductor manufacturing industry in the nation with 10,300 jobs and $2 billion exports. Micron recently embarked on a groundbreaking project that will invest more than $100 billion in the state and create up to 50,000 jobs in the coming years.
Excelsior Jobs Program: Offers a jobs tax credit of up to 6.85% of wages per net new job, an investment tax credit of 2%, an R&D credit of up to 6% and a property tax credit for companies that meet established job and investment thresholds.
START-UP NY: Offers tax-based incentives, innovative academic partnerships and the opportunity to operate tax-free for up to 10 years on an eligible university or college campus.
Life Sciences Tax Credit Program: Offers a fully refundable credit of 15% for a company that employs 10 or more people for life sciences R&D performed in the state.
Employee Training Incentive Program: Offers a credit of 50% of eligible training costs, up to $10,000 per employee, for New York State employers seeking to upgrade skills or improve the productivity of their employees.
Empire State Development
esd.ny.gov
New York City Economic Development Corporation
edc.nyc
Capital Region Center for Economic Growth
ceg.org
Rochester Economic Development Corp.
redcoroc.com
Greater Rochester Enterprise
rochesterbiz.com
Buffalo Niagara Partnership
thepartnership.org/economic-development
The Biodefense Commercialization Fund was established to accelerate the development and commercialization of life science innovations that address serious infection disease health threats while creating jobs and encouraging continued growth across the state’s life science industry. Since its inception, Empire State Development has awarded $25.3 million in grants to 11 startups and 13 academic institutions.
51 Fortune 500 companies headquartered in state, including:
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1:00 - 5:00 pm
Over 70% of Executives Surveyed Agree: Many Strategic Planning Efforts Lack Systematic Approach Tips for Enhancing Your Strategic Planning Process
Executives expressed frustration with their current strategic planning process. Issues include:
Steve Rutan and Denise Harrison have put together an afternoon workshop that will provide the tools you need to address these concerns. They have worked with hundreds of executives to develop a systematic approach that will enable your team to make better decisions during strategic planning. Steve and Denise will walk you through exercises for prioritizing your lists and steps that will reset and reinvigorate your process. This will be a hands-on workshop that will enable you to think about your business as you use the tools that are being presented. If you are ready for a Strategic Planning tune-up, select this workshop in your registration form. The additional fee of $695 will be added to your total.
2:00 - 5:00 pm
Female leaders face the same issues all leaders do, but they often face additional challenges too. In this peer session, we will facilitate a discussion of best practices and how to overcome common barriers to help women leaders be more effective within and outside their organizations.
Limited space available.
10:30 - 5:00 pm
General’s Retreat at Hermitage Golf Course
Sponsored by UBS
General’s Retreat, built in 1986 with architect Gary Roger Baird, has been voted the “Best Golf Course in Nashville” and is a “must play” when visiting the Nashville, Tennessee area. With the beautiful setting along the Cumberland River, golfers of all capabilities will thoroughly enjoy the golf, scenery and hospitality.
The golf outing fee includes transportation to and from the hotel, greens/cart fees, use of practice facilities, and boxed lunch. The bus will leave the hotel at 10:30 am for a noon shotgun start and return to the hotel after the cocktail reception following the completion of the round.