START-UP NY PlanCollege SenateApril 28, 2014
What is it?
10 years no Taxes– NO business or corporate state or local taxes– NO sales tax– NO property tax – NO franchise fees– No Personal State Income Tax
_______________________________________________________________
Create JobsAlign with Academic Institutions
Locate in designated “zones”
Program Benefits
Increased employment opportunities.
Diversification of the regional economy
Intellectual capital shared between the College and the company
Commercialization of College technologies for the benefit of the public
Increased awareness of University programs and resources
Reduced "Brain-Drain" through retention of talented youth.
Expanded purchasing/spending in the local economy.
Greater economic impact through increased population.
More home ownership and residential investment throughout the region.
Program Eligibility ~ SUNY ~ North of Westchester
Eligible Land or Space can include:Any vacant space or vacant land on campusA NYS Incubator with a bona fide affiliationUp to 200,000 sq ft of additional vacant land or space within 1 mile of campus (ESD can approve waiver of distance)
In order to participate, a company must•Be a new company in New York State•Be a foreign or domestic company that is relocating to New York State•Be an existing New York State company that’s expanding or creating a new line of business or opening a new advanced manufacturing facility (not simply moving existing jobs from one location to another location)•Be aligned with the academic mission of the college or university with which you hope to work•Be able to create new jobs in the first year•Be able to bring positive and economic benefits
Program Eligibility
Businesses excluded are:
•Retail and wholesale businesses•Restaurants•Real estate brokers•Law firms•Medical or dental practices•Real estate management companies•Hospitality (lodging for travelers or vacationers)•Finance and financial services •Businesses providing personal services (including personal care, death care, pet care, or laundry and cleaning services)•Businesses providing business administrative or support services (unless the business is creating at least 100 new jobs and has received permission to participate)•Accounting firms•Businesses providing utilities, or energy production and distribution companies
What’s in Our Plan?
PROPERTY
SUNY Owned Campus Properties109 Clinton Street, Oneonta, NY 138205 State Street, Oneonta, NY 13820230 – 234 West Street, Oneonta, NY 1382046 Bunker Drive, Oneonta, NY 13820
Off Camps Properties189 Main Street, 5th Floor, Oneonta, NY 13820152 Corporate Drive, Oneonta, NY 13820
Other Properties can be added as Plan is revised
What’s in Our Plan?
Types of Businesses to Attract
•Biology / Ecology / Environmental Sciences•Computer Science / Electronics Technology•Criminal Justice / Law Enforcement / Emergency Management Operations•Cyber Security•Data / Information Storage Centers•Emerging Technologies•Energy Storage / Alternative Energy Development•Engineering•Fashion / Textile Design / Manufacturing•Film / Stage / Art / Exhibit Production•Food / Beverage Processing•High Technology / Advanced Manufacturing•Medical Technology•Music / Sound Production•Natural Resources Conservation / Sustainability / Water Management•Publishing / Printing•Telecommunications Operations
What’s in Our Plan?
ARTS & CULTUREAcademic Highlight:
The Cooperstown Graduate Program for Museum Studies is the premier program for the training of museum professionals in the United States. CGP’s Program is a two year course of study leads to a Master of Arts degree in History Museum Studies. Companies involved in set, costume, display design; historical preservation and archiving techniques; educational enhancement and multimedia opportunities; web or app content development.
Fashion Design
Film & Theatre Production
Music Industry Program
Communications, Marketing and Computer Art talent
What’s in Our Plan?
AGRICULTURE & FOOD PROCESSINGAcademic Alignment Highlights:
Combined Master’s Degree and Dietetic Internship ProgramUndergraduate Dietetics Major
BIO-TECHNOLOGY / NATURAL RESOURCE CONSERVATION/ SUSTAINABILITY
Academic Alignment Highlights:Biological Field Station (BFS)
Reputation as one of the best SUNY programs for science education. Virtual anatomy table
What’s in Our Plan?
EDUCATIONAL / CURRICULUM DEVELOPMENTAcademic Alignment Highlights:
New York’s Master Teacher Program
ENGINEERING, COMPUTER SCIENCE & TECHNOLOGYAcademic Alignment Highlights:
Big DataSUNY Oneonta Observatory
What’s in Our Plan?
Experiential learning opportunitiesEmployers participating in START-UP NY will provide students from SUNY Oneonta’s educational programs with
internships, service and experiential learning opportunities.
Research compatibilityReciprocal relationships between companies with commercial interests that can be furthered by partnerships
with SUNY Oneonta researchers, and companies commercializing research from SUNY Oneonta or other academic institutions.
Shared facilitiesCompanies needing access to specified physical space or equipment assets could be accommodated, and the
College could be reciprocally accommodated.
Local and regional economic development benefitsCompanies that help ensure a diverse and thriving local and regional economy, while providing employment
opportunities for SUNY Oneonta students and SUNY Oneonta staff and faculty spouses and partners. These new jobs will lead to the expansion of a talented workforce base, increased spending in the local economy and an
increased tax base.
Process Steps – SUNY & CUNY
Time1
2
College PreparesA Plan
College gives plan to:•Municipality•College Governance•Unions•Economic Development entites
30 Days 3
College Submits Plan to ESD
If Approved
4Business Submits Application to College
5
College EvaluatesApplication
6College ForwardsApplication to ESD
60 Days max 7
Approval IF:ESD does notReject Application
What’s in Our Plan?
Information regarding SUNY Oneonta’s plan and theSTART-UP NY initiative is available on a dedicated webpage at
http://www.oneonta.edu/startupny
Interested businesses should begin by contacting SUNY by email at [email protected] or
SUNY Oneonta by
emailing [email protected]