Mohawk Valley to compete against other regions for $40 million in economic stimulus money

By WKTV News

MARCY, N.Y. (WKTV) - Local leaders recognize that it's not a business friendly climate right now and Governor hopes a little competition can change that.

A newly-formed Mohawk Valley Economic Council met for the first time Thursday at SUNYIT in Marcy, and along with Lieutenant Governor Robert Duffy, announced a regional competition.

Six counties of the Mohawk Valley will compete against nine other regions for $40 million in economic stimulus money. The team is made up of local leaders and must develop the best 5 year strategic plan for the region.

"I'm really excited that we're going to be traveling to our six counties and really see and hear all of the great things that are happening within our region and also build relationships within our six counties to build our Mohawk Valley," said SUNYIT President Wolf Yeigh.

The council will be holding meetings in each of the six counties in the region. The plans must be submitted by November 14, with a winner to be announced in December.

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