Mohawk Valley Makes Its Case for $500M URI prize

The MV500 strategy “Sparking Transformation” – our plan for regional revitalization for the REDC Upstate Revitalization Initiative – was presented in Albany on Wednesday, October 21. The final part of the presentation was a video overview of the Mohawk Valley and its bright future. Thank you for believing in our region! Please watch and share – and stay tuned for further developments as we wait for the final announcements in the next few months.

Reflecting the voices of thousands from across Fulton, Herkimer, Montgomery, Oneida, Otsego and Schoharie counties – and the efforts of hundreds of community leaders and volunteers – the MV500 plan describes how our region is ready for transformative change. Its strategies lay the groundwork for the Upstate Revitalization Initiative’s potential infusion of $500 million at a time when the Mohawk Valley is already seeing the beginnings of its long-awaited rebirth. As a strategy document, it describes our potential for meaningful and sustainable growth in STEM-related industries, Agribusiness, and Tourism as well as advancing investments in the Opportunity Agenda and Vibrant Downtowns.

URI has been nicknamed “Upstate New York’s Hunger Games” Gov. Andrew Cuomo’s plan divides upstate New York into seven regions and sets those regions in competition with each other for one of three $500 million economic development prizes. The awards require a $100 million match from the winning coalitions.

Read a PDF copy of the full plan here.