The annual progress report on the state’s Start-Up NY program that was required to be released Friday is delayed.
A statement from a spokesman for Empire State Development did not say when the report would be released.
“With many new businesses that are reporting for the first time, we are finalizing the START-UP NY report and it will be released soon,” Jason Conwall, an agency spokesman, said in an email to The Buffalo News.
The progress report will disclose how many jobs were created and how much money was invested in 2015 by the companies that located in tax-free zones connected to the state’s colleges and universities that are part of Start-Up NY.
The program eliminates most state and local taxes for 10 years for new and expanding companies that move into the zones and pledge to create jobs.