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$20 Million Clean Energy Business Competition Is Accepting Applications

By Faith Jessie; Kerry Longobucco.
A $20 million business competition and support program is now accepting applications for clean energy businesses.

Governor Andrew Cuomo announced on Sunday that the 76West competition will motivate innovative and clean energy businesses to locate and create jobs in the Southern Tier.

This is a part of the Governor's Reforming the Energy Vision strategy that focuses on building a clean, resilient and affordable energy system.

The competition consists of $10 million dedicated in prize money and $10 million for business support, marketing and administration.

43North, launched in 2014, was a similar competition to bring innovative businesses to Western New York. It's 2015 competition attracted 11,000 companies from 117 countries and all 50 states.

Deputy Broome County Executive John Bernardo says he hopes this competition will bring a boom of eco-friendly business to the Binghamton area.

"Solar City developed a plant in Buffalo, and it's a very very huge plant," Bernardo said. "We're hoping that businesses similar to that could be located here in our region, and as a result, turn it into a job propellant."

Applications and contest information is available at nyserda.ny.gov/76west.

The six 2016 winners of the 76West competition will be announced in July.