CNY Rising is the regional plan and investment prospectus submitted in 2015 for New York State’s Upstate Revitalization Initiative, ultimately awarded $500 million in competitive economic development funding.
New York Gov. Andrew Cuomo poses with representatives of the Central New York Regional Economic Development Council during an awards ceremony on Thursday, Dec. 10, 2015, in Albany, N.Y. The Finger Lakes, the Southern Tier and central New York have each won $500 million in state funds as part of Gov. Cuomo’s upstate economic development competition. (AP Photo/Mike Groll)
GENIUS NY, a yearlong business accelerator, awarded six finalist teams a total of $2.75 million on March 15, 2017. GENIUS NY, funded by Empire State Development, builds on the progress of CNY Rising, which calls for major investments in the unmanned aircraft systems (UAS) industry in central New York. AutoModality won the $1 million grand prize; Ascent Aerosystems was awarded the second place prize of $600,000; OmniMesh was named third place, winning $400,000; while three finalists, Akrobotix, EZ3D and SkyOp, all were awarded $250,000.
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