Governor Andrew Cuomo has announced that more than $763 million in economic development funding has been awarded through Round VIII of the Regional Economic Development Council initiative.

The Mohawk Valley Region was named a Top Performer and was awarded $85.4 million dollars. The funding will support 77 projects in the region.

The Griffiss Local Development Corporation and Human Technologies Corporation are among the local organizations receiving funding.

Over the last eight years, we have implemented a vision to move New York State's economy forward by allowing communities to make strategic investments to help grow their local economies and re-energize and develop their unique regions," Governor Cuomo said.

Assemblyman Anthony Brindisi issued the following statement on the Mohawk Valley REDC being named a Top Performer:

“For the Mohawk Valley, it’s been all about cooperation and collaboration in recent years, and once again working together has resulted in the region being awarded ‘top performer’ status at this year’s Regional Economic Development awards in Albany.  While the region is diverse in interests, everyone involved in this effort to move our region forward is a winner for helping to develop a plan that will continue boosting our region’s economic development.  I certainly want to thank all the members of the Mohawk Valley Regional Economic Development Council, led by Larry Gilroy and Dusty Swanger, for their hard work in putting together this successful plan.  And last but not least, congratulations to all the companies and agencies that will benefit from this year’s award.”

Senator Joseph Griffo offered the following statement regarding Tuesday’s announcement of the Regional Economic Development Council awards:

“I am pleased that the Mohawk Valley has been named a Top Performer and am optimistic that the $85.4 million awarded today will contribute to the ongoing revitalization of our region. I commend the hard work and dedication demonstrated by the members of the Mohawk Valley Regional Economic Development Council and their efforts to put forth the plan they believe would best benefit the Mohawk Valley.  However, I continue to have reservations about the method and manner in which economic assistance is awarded to regions throughout New York State. It is time for us to rethink, reexamine and revaluate how we undertake economic development in our state and to find more transparent, innovative and different strategies and approaches to invest in our communities.”