NYSEG and RG&E will invest up to $75,000 per initiative on strategic economic development outreach projects primarily focusing on attracting new business investment into the company’s service area.

• Must be a 50% matching fund from federal, state, local and/or private sources.
• Recipients must be a state, regional, or local economic development organization within the company’s service area.
• Initiative must promote a specific asset or group of assets that enhance the competitiveness of a specific company service area or all of Upstate New York.
• Project must be targeted to decision makers who can influence the attraction of new jobs and new business investment within the company’s service area.
• Project must not duplicate or replace previously existing initiatives.
• Research initiatives must involve action items such as clearly defined industry targets, promotional messages, or other materials that facilitate recipient documentation.
• Initiatives considered include:
  • Trade show, professional trade/business meetings, tours, etc. 
  • Sales missions
  • Advertising and direct mailings
  • Special events and promotions
  • Research and analysis
  • Ambassador programs
  • Reports to community leaders

Please contact a NYSEG RG&E economic development representative to check on the availability of funding assistance under the economic development programs. Click here to email us.