New York wiring money to IT
- By Eric Kulisch
- Feb 04, 2001
New York state is continuing its full-court press to attract high-tech businesses
by offering developers up to $75,000 each to help install wiring in existing
Companies and organizations had until Jan. 15 to tap the $1 million committed
to the Wired Building initiative. Grants, which must be matched by the applicant,
will be awarded by March.
The initiative, first outlined by Gov. George Pataki in his 2000 State
of the State address, is designed to make wired workspace more affordable
for small IT businesses.
Empire State Development, the state's economic development authority,
will select proposals that meet IT business needs, according to spokesman
Eric Mangan. Such needs include hardware-hosting facilities and business
incubators where start-up companies share telecommunications infrastructure
until they can expand and relocate.
Grant money can be used for projects related to wiring buildings, such
as upgrading electrical, temperature control and security systems. Grants
also will cover costs associated with upgrading existing lines to high-speed
Eligible applicants include real estate developers, local economic development
authorities, educational institutions and public/private partnerships.