The Department of Commerce Economic Development Administration (EDA) awarded a $2,018,829 Project Grant under the Economic Adjustment Assistance (CFDA 11.307) program to the Research Foundation for the State University of New York (SUNY) at Binghamton on January 13, 2022. The grant supports establishing the Southern Tier Soft Landing Program to attract foreign companies to New York's Southern Tier region by providing various services including immigration and visa assistance, legal and government compliance advice, domestic market research and entry assistance, and access to potential investors and capital. Cornell University will receive a sub-award to conduct customized research and develop business plans to facilitate expansion into U.S. markets for incoming foreign companies through linking each company with a student research team. The programs aim to create jobs, enable business expansion, and increase business attraction opportunities in an Opportunity Zone to advance regional economic resiliency.
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