Economic Development

The professionals at Brown & Weinraub have extensive experience developing, managing and helping firms compete for funding intended to spur economic development in New York State.

Business Growth

We help clients identify opportunities within and outside of government, encouraging business growth in New York State by:

  • Articulating the value proposition of client services or products in addressing unmet needs
  • Recommending potential applications of products and services
  • Identifying economic development funding opportunities
  • Proposing partners for pursuit of funding applications or grants
  • Sharing knowledge about regional economic development interests and needs
  • Connecting clients with thought leaders
  • Creating networking opportunities for clients in various sectors
  • Assessing regulatory climate and potential impact on growth
  • Understanding competitive advantages and risks
  • Developing strategies to minimize impediments to growth
  • Addressing public concerns or perceptions to position clients for growth

Regional Economic Development Councils and Consolidated Funding Applications

In 2011, Governor Cuomo established 10 Regional Economic Development Councils (REDCs) to include local business, academic and community leaders in the development of plans and selection of projects to stimulate economic growth. At the same time, grant funds to support economic growth and community improvement were made available through a Consolidated Funding Application (CFA).  Brown & Weinraub helps clients:

  • Identify regional funding opportunities
  • Align projects with regional plans
  • Introduce representatives and opportunities to REDC members
  • Understand potential uses of grant funds available through the CFA
  • Follow timelines and meet deadlines for submission
  • Craft responses to CFA questions
  • Track processing of applications and awards

Start-Up NY

Start-Up NY offers 10 years of tax benefits to companies locating or expanding in approved locations on or near the campuses of universities or colleges within the state. Brown & Weinraub has helped companies weigh the benefits of participation in the program and understand its requirements. Criticism of the program has inspired reform proposals, demanding ongoing monitoring of applicable rules. As appropriate, Brown & Weinraub has introduced clients to decision makers at Empire State Development to share their experiences with the program or to clarify conditions of participation. Relationships have been formed between ESD and clients positioned to demonstrate the success of the program.

Other Support for Economic Development

In addition to Governor Cuomo’s signature programs, numerous initiatives exist to encourage economic development in New York State. Brown & Weinraub has extensive experience assisting clients in making the case for support.