|New York To Establish Center for Attracting Investors|
Governor Andrew M. Cuomo announced the approval of a program to establish a Regional Center in the Capital Region for attracting foreign investment and creating jobs, as well as opportunities for housing, education and entertainment. The U.S. Department of Homeland Security approved the EB-5 Immigrant Investor Program application, which was facilitated by the Center for Economic Growth (CEG).
The project was awarded $125,000 by the Capital Region Economic Development Council, which aims to open new doors for business and create greater opportunities for new and expanding enterprises in the region. The EB-5 program also supports the Governor's new Global NY initiative, part of the fourth round of Regional Economic Development Councils, which will recognize and reward plans that incorporate global marketing and export strategies in an effort to attract more international investment.
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Published on our website on April 30, 2014