Colleges begin to define missions for New York's tax-free plan

Kylie Lacey's picture

The state Legislature approved Gov. Andrew Cuomo’s plan to give new employers and their employees a decade of tax-free living if they locate on or near college campus.

Now, those colleges — which include SUNY Geneseo and Genesee Community College, which has two campus centers in Livingston County — must begin developing a plan to identify potential collaborations on its campus for Cuomo’s tax-free START-UP New York initiative.

“For those of us not in an urban area or pursing tech-transfer programs it will be more challenging and more interesting to see who our potential collaborators are,” said Jim Milroy, SUNY Geneseo’s vice president for administration and finance. “I think this thing is clear for community colleges, which traditionally trend toward workforce development, and university centers that always have collaborators at the ready.”

Read more