With the approval of Jamestown Community College's Start-Up NY business development initiative, new and existing companies can now start applying to possibly receive the tax relief benefits.
Last month, the state approved JCC's plan, said John Sayegh, vice president of continuing education and point person for JCC's Start-Up NY. Sayegh said college officials are targeting businesses in three sectors - manufacturing, biotechnology research, and information technology and computer sciences. JCC has campuses in Jamestown and Olean as well as its North County Center in Dunkirk.
"We will have focused training on what manufacturers need," he said. "Our biotech research institute at JCC exposes students to stem cell research and other research."
The Jamestown Community College Community Services Center located along Falconer Street is the building designated for Start-Up NY businesses. The 48,000-square-foot structure is included with more than 50 commercial sites near college properties in Jamestown, Olean and Dunkirk for Start-Up NY projects.
P-J photo by Dennis Phillips
For the information technology and computer science, Sayegh said they have partnered with SUNY Fredonia for this program.
"The students can opt to get a job or continue on with their education at SUNY Fredonia," he said. "We can co-assist the students and businesses in areas where we compliment each other."
Start-Up NY aims to completely eliminate the tax burden for eligible businesses for 10 years after their acceptance into the program. It is designed around State University of New York entities, though private colleges can participate.
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The colleges develop plans that target specific properties and industries. Businesses then apply for entry into the program through the colleges, with final approval given by Empire State Development Corporation.
Sayegh said Cory Duckworth, JCC president, has created a President's Advisory Council on Economic Development that will consist of private and public economic development leaders in Chautauqua and Cattaraugus counties. The advisory council will look at the applications to approve those that will be a part of JCC's Start-UP NY program.
"The council will vet the applications to make sure businesses, new or existing, meet the parameters of the program," he said. "They will make a recommendation to the board, who will also make a recommendation then to move it to the Empire State Development."
Sayegh said JCC officials have been adamant on their stance to local business owners that no Start-Up NY business supported by the program will conflict with any current local businesses.
"Our president has made it known that no sponsored business will be a competitor to businesses we have existing," he said. "We will not create a competitive disadvantage."
Sayegh said JCC is currently entertaining two applications right now, but wouldn't list the companies.
"You will know about them when the information becomes public," he said.
Those interested in applying for Start-Up NY benefits can call Sayegh at 375-7580, 338-1000 or email him at email@example.com. He said the application approval process will last between 60 to 90 days. He said the only limit on the number of businesses that can be approved for JCC's program is based on square footage. He said each campus receives 200,000 square feet.
"The advantage in Chautauqua County is we can partner with SUNY Fredonia to double that, and it works both ways," he said. "No limit if we don't exceed that number (200,000 square feet). If we do, we can ask the state to give us more space, but lets get to that level first."
The Jamestown Community College Community Services Center, located near the Jamestown campus along Falconer Street, is the building designated for JCC Start-Up NY businesses. The 48,000-square-foot structure is included with more than 50 commercial sites near college properties in Jamestown, Olean and Dunkirk for Start-Up NY projects. Also, Sayegh said the building doesn't count against the 200,000 square feet JCC is entitled to receive for business space.