CenterState CEO receives Federal Support to Boost Supply Chain Capacity

Posted on April 2, 2024

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Syracuse

U.S. Senators Chuck Schumer and Kirsten Gillibrand secured $2 million in federal funding for CenterState CEO to support the organization's work preparing local businesses, with a focus on minority, women, and/ or veteran owned, to access procurement and other business opportunities related to Micron's planned $100 billion investment, empowering these local businesses to add new jobs, make new capital investments, and generate new business. 

"One of the reasons I fought tooth and nail to bring Micron to Central New York because I knew it would have a positive domino effect for the region – attracting new supply chain companies, bringing in new revenue for existing businesses, and generating new economic opportunity – and this funding will help maximize the benefits of this once-in-a-generation investment,” said Senator Schumer.

“This $3 million in federal funding for Syracuse’s South Side Innovation Center and CenterState CEO will spark new life and grow businesses in Central New York,” said Senator Gillibrand. “This federal investment will support critical upgrades for the South Side Innovation Center to expand workforce training and will allow CenterState CEO to ensure the region is prepared to capitalize on every economic opportunity created by Micron’s $100 billion investment. I’m proud to have fought to secure this funding and I’ll continue to fight to open more doors for Central New York businesses.”

"This investment will enhance our ability to compete on a global stage and provide us resources to help existing Central New York businesses gain access to the growing semi-conductor market so that they are rewarded for their long-term loyalty to Central New York," said CenterState CEO President Rob Simpson. "It further doubles down on our recent Tech Hubs designation and reinforces the importance of Central New York's growing advanced manufacturing industry to our national security. We are particularly grateful to Senator Charles Schumer for his national leadership on CHIPS and Science and, most importantly, his recognition that our region can advance the nation this critical sector."

 

Read More

Sen. Chuck Schumer's Press Release

CenterState CEO President Rob Simpson Statement

WSTM

CNY Business Journal

Syracuse.com

WSYR Radio

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