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New York City's Regional Economic Development Council advances strategies and initiatives in the Bronx, Brooklyn, Manhattan, Queens, and Staten Island.
Created by Executive Order by NY Governor Andrew Cuomo, the Regional Councils represent a fundamental shift in the state's approach to economic development -- from a topdown development model to a community-based approach that emphasizes regions' unique assets, harnesses local expertise, and empowers each region to set plans and priorities.
Each Regional Council is develop a plan for the development of their region, which will provide a regional vision for economic development, address critical issues and opportunities and lay out an implementation roadmap for future growth. The state will work with the Regional Councils to align state resources and policies, eliminate unnecessary barriers to growth and prosperity, and streamline the delivery of government services and programs to help the Regional Councils carry out their plans for development. The New York City Regional Economic Development Council is one of ten regions across New York State.
New York City is Open for Business!
|Founded||Regional Councils began in 2011 under Executive Order by NY Gov. Cuomo|
As part of Governor Cuomo’s transformative plan to improve the state’s economic development model, a NYS Consolidated Funding Application (CFA) has been created that will streamline and expedite the grant application process. The CFA process marks a fundamental shift in the way state resources are allocated, ensuring less bureaucracy and greater efficiency to fulfill local economic development needs.