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Blog Entries from October 2011

Obama Administration Jobs & Innovation Accelerator Competition Boosts New York’s Renewable Energy Cluster

Assistant Secretary of Commerce for Economic Development John Fernandez at the State University of New York Orange campus in Newburgh, New York celebrating the award of $1.95 million in federal Jobs & Innovation Accelerator Challenge funding.

Guest blog post by John Fernandez, U.S. Assistant Secretary of Commerce for Economic Development

I was pleased to join U.S. Congressman Maurice Hinchey today at the beautiful State University of New York Orange (SUNY Orange) campus in Newburgh, New York to celebrate the award of $1.95 million in federal Jobs & Innovation Accelerator Challenge funding to catalyze the growth of the Hudson Valley region’s alternative energy cluster.

The federal investments will help to establish the New York Renewable Energy Cluster (NYREC) by allowing The Solar Energy Consortium (TSEC) to expand its industry-led clean energy manufacturing cluster into Orange County through a partnership with Orange County Community College and Gateway to Entrepreneurial Tomorrows (GET).

The Jobs & Innovation Accelerator Challenge (JIAC) is just one example of how the Obama administration is collaborating to ensure a smarter use of existing federal resources to foster regional innovation in support of sustainable economic prosperity. 

Supporting bottom-up regional strategies through inter-agency collaboration is not only smart government, but the type of support regional economies need to grow and prosper.  It’s not about new programs, it’s about better programs.  It’s not about new money, but smart money.

The American Jobs Act: Putting Workers Back On the Job

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This weekend President Obama called on Congress to pass the American Jobs Act via his weekly address (below). He highlighted how the proposals will create needed jobs rebuilding and modernizing America and keep first responders on the job and teachers in the classroom. The President’s plan will put Americans back to work in key areas that are central to America’s future competitiveness. It wil repair and modernize classrooms across the country and make sure that teachers who have been laid off because of budget cuts can be brought back to work. It will take on the fact that the American Society of Civil Engineers (ASCE) awarded the United States a ‘D’ for the overall condition of its infrastructure. Both to modernize the nation’s roads, railways, airports and schools and to put hundreds of thousands of workers back on the job, the President is proposing a strategy that combines immediate investments in infrastructure with innovative reforms to ensure that the best projects get financing. These investments in infrastructure would not only put people to work now, but also yield lasting benefits for the economy, increasing growth in the long run.

Key elements of his proposal are:

  • A “Returning Heroes” hiring tax credit for veterans: This provides tax credits from $5,600 to $9,600 to encourage the hiring of unemployed veterans.
  • Preventing up to 280,000 teacher layoffs, while keeping cops and firefighters on the job.
  • Modernizing at least 35,000 public schools across the country, supporting new science labs, Internet-ready classrooms and renovations at schools across the country, in rural and urban areas.
  • Immediate investments in infrastructure and a bipartisan National Infrastructure Bank, modernizing our roads, rail, airports and waterways while putting hundreds of thousands of workers back on the job.
  • A New “Project Rebuild”, which will put people to work rehabilitating homes, businesses and communities, leveraging private capital and scaling land banks and other public-private collaborations.
  • Expanding access to high-speed wireless as part of a plan for freeing up the nation’s spectrum.