Cuomo’s Start-Up NY program has created only 408 jobs
A program created by Democratic Gov. Andrew Cuomo has generated only 408 new jobs in its first two years, according to a state report quietly published on a state website Friday evening.
The program, Start-Up NY, uses tax-free zones at colleges and universities to attract companies.
The report says 159 businesses and their employees have received $1.19 million in tax benefits so far while investing $13 million in the economy.
The state also set aside up to $175 million for in-state and out-of-state advertising and marketing campaigns to promote Start-Up NY as well as Cuomo's economic development proposals.
The program, Start-Up NY, uses tax-free zones at colleges and universities to attract companies.
The report says 159 businesses and their employees have received $1.19 million in tax benefits so far while investing $13 million in the economy.
The state also set aside up to $175 million for in-state and out-of-state advertising and marketing campaigns to promote Start-Up NY as well as Cuomo's economic development proposals.
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