SEDC’s contributions to PROMOTE, RETAIN and GROW valuable opportunities for our region just since our January annual meeting and yearend 2016 report include:
Have you had a chance to check out SEDC’s SEE Saratoga Tool? It’s the only one like it in the region! The one-stop user interface provides customizable analysis of real estate sites, community infrastructure and demographics. It is now complete with the public Saratoga County tax parcel map, assessed values and zoning.
SEDC is leading the retention incentive effort for Kitware, Inc. keeping its HQ here. 88 high-paying software development and services jobs with potential for 25 percent more jobs in the next three years. $13.8 million in local wages, rising to over $16 million in three years. The company has operations in multiple states and could easily have relocated.
SEDC is helping Espey Manufacturing negotiate a 10-year PILOT with the Saratoga County IDA. Espey of Saratoga Springs will invest $5.3 million in advanced manufacturing of new electrical equipment for use by the military. It will boost work to help retain jobs and boost hours for its 145 employees.
Did you also hear about the Spark Saratoga launch? The mission of the incubator is to inspire, mentor and accelerate startups and early stage businesses to grow here. Go to www.SparkSaratoga.com for more info.