The Cornell Agriculture and Food Technology Park Corporation in Geneva has received a $1.4 million Empire State Development Grant through the Regional Economic Development Council initiative.
According to the Governor’s Office, Cornell Agriculture and Food Technology Park Corporation will construct a multi-tenant light manufacturing facility on a 5-acre site within the Cornell Agriculture and Food Technology Park Corporation’s Technology Farm. In addition to providing badly needed manufacturing and food processing space for businesses accessing the resources of Cornell AgriTech, the new facility will provide space for those companies that have outgrown the CAFTPC’s existing incubator facility.
The $1.4 million was part of over $15 million awarded to support 19 projects across New York through the Regional Economic Development Council initiative.
“With these investments in fast-growing sectors like broadband manufacturing and heat pump technology, the Regional Economic Development Council Initiative is continuing to unlock the economic potential of our state,” Governor Hochul said. “These businesses are driving innovation and creating good, stable jobs for New Yorkers, and thanks to our REDCs and significant state support, we are writing them into New York’s economic success story.”
