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D'Youville gains entry to START-UP NY

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D'Youville gains entry to START-UP NY

The statewide program establishes tax-free zones to draw new jobs and companies to colleges and universities

Buffalo, New York – September 29, 2014 – The Buffalo News and Business First report that D'Youville College is set to join START-UP NY, a state program that aims to spur economic development by establishing tax-free zones to draw new jobs and companies to colleges and universities across New York.

START-UP NY stands for SUNY Tax-free Areas to Revitalize and Transform Upstate NY. The Start-Up NY initiative, proposed by Gov. Andrew M. Cuomo last year and later approved by the State Legislature, promises businesses that locate new jobs at a college could pay no state or local taxes for 10 years.

Both D'Youville College and Canisius College had their campus plans approved on September 25 by the START-UP NY Approval Board, which must take a public vote on all private colleges. The private colleges will join three public schools in the area already included in the economic-development program: the University at Buffalo, SUNY Buffalo State and Jamestown Community College.

D'Youville has designated 11,150 square feet within the unused sixth floor of its six-story Academic Center at Fargo Avenue and Connecticut Street. D’Youville plans to attract companies in health and life sciences, advanced manufacturing and information technology, among other fields.

Read More:

http://www.buffalonews.com/business/canisius-dyouville-join-states-start-up-ny-program-for-tax-free-zones-20140925
http://www.dyc.edu/about/startup-new-york.aspx
http://www.startup.ny.gov

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Email: marcom@dyc.edu

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