Cornell’s Agriculture and Food Technology Park Corporation was one of the projects recently awarded through the New York State Regional Economic Development Council Initiative. In total, 19 projects were awarded with total funding of $15 million dollars.
“We are breaking down barriers to economic opportunities that have for too long held communities back,” said Lieutenant Governor Antonio Delgado, Chair of the Regional Economic Development Councils. “With this new round of funding we can invest in workforce development efforts, boost broadband accessibility, and support shovel-ready projects statewide. This is how we uplift our communities and the New Yorkers who call our state home.”
The Cornell Agriculture and Food Technology Park Corporation was awarded a $1.4 million dollar Empire State Development grant. The funding will go towards the construction of a multi-tenant light manufacturing plant on a 5-acre site within Cornell’s Agriculture and Food Technology Park Coporation’s Technology Farm.
Cornell says the expansion will provide much needed manufacturing and food processing space for businesses utilizing resources from Cornell’s AgriTech. The facility will also offer space for companies who have outgrown Cornell’s existing incubator facilities.