SBU News
SBU News > On Campus > SB Hosts First LI Economic Development Meeting

SB Hosts First LI Economic Development Meeting

Economic development 1
Economic Development
From left: Stony Brook President Samuel L. Stanley Jr., Lieutenant Governor Robert Duffy, Long Island Association President Kevin Law, and Empire State Development CEO Ken Adams

On Wednesday, August 10, the Long Island Regional Council for Economic Development, one of Governor Andrew M. Cuomo’s ten councils representing every region of the state, held its inaugural meeting at the Center of Excellence in Wireless and Information Technology at Stony Brook University. The goal of the Long Island Regional Council for Economic Development—and its counterparts across the state—is to redesign the relationship between the state government and businesses to stimulate regional economic development and create jobs statewide.

Chaired by Lieutenant Governor Robert Duffy, Chair of the Regional Councils, and led by regional co-chairs Kevin S. Law, President of the Long Island Association, and Stuart Rabinowitz, President of Hofstra University (via teleconference), the 22-member group began to identify key regional issues and opportunities and discussed a regional economic vision.

“It was an outstanding experience to host the inaugural meeting at Stony Brook’s Center of Excellence in Wireless and Information Technology, which itself is a catalyst for economic development,” said Stony Brook University President Samuel L. Stanley Jr., MD. “This is a very significant initiative and bodes well for the economic outlook of Long Island and the State of New York, and I am excited to be a part of it. Stony Brook faculty and staff will contribute the resources needed to achieve success.”

In July, Governor Cuomo and Lieutenant Governor Duffy launched the Regional Councils, announced the membership, and outlined how each region will compete for funding from a total pot of up to one billion dollars in economic aid. Additional information about Regional Councils is available at www.nyworks.ny.gov, where stakeholders and members of the public can learn more about the councils through the regional summaries and data snapshots.

Related Posts

Add comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Archives

SBU on Instagram