Inclusive Growth

Economic Development

CenterState CEO leverages regional assets and its networks to advance business expansion, incubation, attraction and retention in key sectors and industries where the region is strategically positioned to compete on a global scale. Business and economic development initiatives nurture these strategic business retention, expansion and attraction opportunities through a range of resources, helping bring more jobs to the Central New York community.

Community investment work spans all of CenterState CEO's economic development efforts, with a focus on bringing together critical elements of inclusive growth: people, place and business. It strives to ensure business development services benefit small, “main street” businesses and historically marginalized owners, particularly within distressed neighborhoods where empty storefronts, a lack of goods and services, and the long-term impacts of systemic disinvestment have driven cycles of decline for vulnerable residents.

This combined focus on economic development, inclusive growth, business attraction and retention, global competitiveness and community investment is designed to help businesses grow and create a platform for sustained regional success.

Related News & Events

Image
INSPYRE exterior photo
CEO News | 09/18/2025

INSPYRE Innovation Hub Holds Opening Celebration

Gov. Kathy Hochul marked the official grand opening of the new INSPYRE Innovation Hub by CenterState CEO in downtown Syracuse.

Image
M&T Bank sign lighting at INSPYRE
CEO News | 09/09/2025

M&T Bank Named Founding Sponsor of CenterState CEO’s INSPYRE Innovation Hub

M&T Bank is the Founding Sponsor of INSPYRE Innovation Hub, helping to enable the growing startup ecosystem.

Image
Constellation NY Nuclear
Media Coverage | 09/04/2025

Carbon Free NY Shares New Report on Impact of Nuclear Power in New York

Carbon Free NY shares a report that explores the impact of nuclear power and the ZEC program.

Image
Ben Sio and Greg Lancette on Newsmakers
Media Coverage | 08/29/2025

CenterState CEO Shares Insights on Community Preparation for Micron on Newsmakers

Ben Sio and Greg Lancette appeared on Newsmakers with Andrew Donovan.

Image
Gov. Hochul Shovel Ready Podium
Media Coverage | 08/19/2025

Oswego County IDA Awarded $8.1 Million FAST NY Grant to Advance Industrial Park Infrastructure

Empire State Development awarded $8.1 million through the FAST NY Shovel Ready Grant Program to the Oswego County Industrial Development…

Image
Brookings Article image
Media Coverage | 07/25/2025

Brookings Metro Highlights Central New York's Regional Economic Transformation

Brookings Metro examines how Central New York is leveraging regional collaboration and investment to transform its economy.

Image
Micron Community Letter of Support
CEO News | 07/23/2025

Syracuse is the Best Place for Micron to Invest, Expand and Create Opportunity

CenterState CEO members and community leaders sign a letter of support for Micron in Central New York.

Image
ElleRae's Tacos Grand Opening  2024
CEO News | 06/23/2025

Visions FCU Supports Small Business Through the Growth + Equity Fund

The Growth + Equity Fund would not be possible without generous support from the community. Visions Federal Credit Union has been a vital…

Image
Gov Hochul Nuclear Power Annoucement 6.23.25
Media Coverage | 06/23/2025

Gov. Hochul Directs Power Authority to Develop a New Nuclear Facility in Upstate NY

Governor Kathy Hochul directed the New York Power Authority (NYPA) to develop and construct a zero-emission advanced nuclear power plant in…

Image
RS Budget Graphic
CEO News | 05/09/2025

CenterState CEO President Rob Simpson Comments on 2026 State Budget

Robert M. Simpson, president of CenterState CEO, in Syracuse, issued this statement following passage of the FY 2026 New York State Budget.

Image
CenterState CEO GSBDC graphic
CEO News | 04/10/2025

CenterState CEO and Greater Syracuse Business Development Corporation form New Partnership

CenterState CEO and the Greater Syracuse Business Development Corporation (GSBDC) announced a new strategic partnership to scale GSBDC’s…

Image
Honora Spillane on Spectrum 1
Media Coverage | 04/09/2025

CenterState CEO's Nora Spillane Shares Economic Development Updates on In Focus

CenterState CEO's senior vice president of Inclusive Growth Nora Spillane joined JoDee Kenney for the Spectrum News 1's In Focus program.

Image
Rob Simpson Statement on State of the State
CEO News | 01/14/2025

CenterState CEO President Robert Simpson Comments on Governor Kathy Hochul’s State of the State Address

Robert M. Simpson, president of CenterState CEO, in Syracuse, issued the following statement following Governor Kathy Hochul’s State of the…

Image
Simpson Statement on CHIPS & Sience Agreement
CEO News | 12/10/2024

CenterState CEO President Robert M. Simpson Comments on Finalized CHIPS and Science Act Investment for Micron

CenterState CEO President Rob Simpson shared the following statement on the finalized historic CHIPS and Science Act investment for Micron…

Image
TTM Expansion Projects Strengthens CNY Smart Systems Supply Chain
CEO News | 11/01/2023

TTM Expansion Strengthens CNY Smart Systems Supply Chain

Syracuse, NY - CenterState CEO President Robert Simpson issued the following message to members and stakeholders regarding TTM’s recent…

Image
Chimes Building 500 S Salina
CEO News | 10/04/2023

Chimes Building Project Brings a Fresh Vision to Real Estate Redevelopment in Downtown Syracuse

The Allyn Family Foundation’s planned redevelopment of 500 South Salina Street, also known as the Chimes Building, is the latest investment…

Image
Rob Simpson at Micron Annoucement
CEO in Action | 04/30/2023

Securing Micron's Historic Community Investment

On Oct. 4, 2022, Micron Technology, Inc. announced Central New York’s White Pine site, in Clay, will be home to its semiconductor…

Image
AFI 2023
CEO in Action | 02/16/2023

Innovative Financing Supports XBE Business Growth While Addressing Community Needs - Ali Fix It Construction LLC

In early 2023, AFI was awarded one of the first Growth + Equity Fund loans through the CenterState CEO Foundation.

Image
City Center 2022
CEO in Action | 11/10/2022

Connections and Expertise Support Transformational Downtown Project - City Center

CenterState CEO helped Hayner navigate unique grant challenges and opportunities, allowing for incentives to remain in place until the…