Report: Start-UP NY created 65 jobs for Finger Lakes region in 2015
Albany, N.Y. (WHAM) - A report released late Friday afternoon showed 332 jobs were created in New York through the Start-UP NY program in 2015.
The report was due out April 1, but was three months late.
The data in the report shows a net total of 65 jobs were created in the Finger Lakes region through the Start-UP NY program. Most of those positions were located at Finger Lakes Community College, the University of Rochester, the College at Brockport, Keuka College, and RIT.
The company with the most jobs was Datto, Inc., an informational technology firm which started working through Start-UP NY in July 2014.
It reported a net total of 50 new jobs and received $96,542 in total tax benefits from the program in 2015, according to the program report.
According to our sister station WRGB in Albany, the program gives tax breaks to new, developing businesses, in return for job creation. However, it has been criticized for spending millions of dollars on the tax breaks and advertising with little return.
A 2014 report on Start-UP NY said just 76 jobs had been created through the program.
You can read the full 2015 report here.