Report: START-UP NY Created 332 Jobs in 2015

Tuesday, July 5, 2016

Source: Business Journal News Network

Gov. Andrew Cuomo’s START-UP NY program created 332 jobs during 2015 and a total of 408 net new jobs in the program’s first two years.

That’s according to a report entitled “Business Incentives Report” that Empire State Development (ESD) posted to its website on Friday afternoon, just ahead of the holiday weekend.

New York State spent more than $50 million promoting START-UP NY between late 2013 and early 2015, Empire State Development reported last year.

The July 1 progress report was originally expected to be issued at the end of the first quarter.

The job-creation details were tucked away in a fine-print footnote at the bottom of page 10 of the 16-page report in the section that focused on START-UP NY.

The program anticipates a job-creation total of about 1,128 positions by the end of 2016, according to the footnote.

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