NYSTAR Programs Generated $1.8 Billion In Economic Impact
New York Manufacturing Extension Partnership and Centers of Excellence Programs Generated More Than $1.8 Billion in Economic Impact
2025 Annual Reports Highlight Support for More Than 7,600 Jobs and Hundreds of New York Businesses.
Empire State Devel opment (ESD) today announced that pro grams administered through its Division of Science, Technology and Innovation — known as NYSTAR — generated a combined $1.8 billion in statewide economic impact, according to newly released reports highlighting the performance of the New York Manufacturing Extension Partnership (NY MEP) and Centers of Excellence (COE) programs. Together, the reports demonstrate how NYS TAR’s network is helping manufacturers, entrepreneurs, researchers and technology-driven businesses expand operations, commercialize new technologies and create jobs across New York State. Additional details on each program are available in the NY MEP and COE 2025 annual reports.
Empire State Develop ment President, CEO and Commissioner Hope Knight said, “New York’s innovation economy is powered by the manu facturers, entrepreneurs, researchers and business es that are building what comes next. Through NYSTAR, we are mak ing targeted investments that help companies solve real challenges, modernize operations, attract private capital and move new technologies from concept to market. These reports show that our strategy is delivering measurable results — supporting jobs, strengthening industries and expanding economic opportunity in every region of the state.”
NYSTAR Execu tive Director Ben Ver schueren said, “NYS TAR’s programs exist to meet companies where they are and help them move forward. We know that targeted support to accelerate connections, processes and tech nologies can be a game changer. This report illustrates how that work translates to jobs, investments and real progress within the industries that drive our state’s economy.”
Generated $1.29 billion in economic impact;
Created or retained 6,858 jobs; and manufacturing, marketing and supply chain assistance.
The 2025 COE annual report, covering July 1, 2023 through June 30, 2024, highlights the pro gram’s role in accelerating research commercialization and strengthening partnerships between academia and industry. During the reporting period, New York’s COEs:
Generated $530.8 mil lion in economic impact;
Created or retained 776 jobs; and
Served 872 companies.
New York’s 14 designated Centers of Excellence bring together univversities, researchers and private-sector partners to develop and commercial ize emerging technolo gies, attract investment and support innovation in key industries. The centers focus on strategic sectors including semi conductors, life sciences, advanced materials, agriculture and digital gaming.
To learn more about NYSTAR, its statewide network of more than 80 innovation and manufac turing organizations, and the resources available to New York businesses, visit esd.ny.gov/nystar.