Governor Andrew Cuomo speaking ahead of the 2013 Regional Economic Development Awards.
New York state spends about $7 billion on tax incentives and business subsidies each year.
The projects on Long Island include $2 million for a new innovation and discovery facility at Stony Brook University, another $2 million for research at Brookhaven National Laboratory and a Robotics lab at Hofstra University, as well as more than $1 million in infrastructure improvements at Enterprise Park in Calverton.
Regional Economic Development Councils, or REDCs, were put in place in 2011 to help coordinate this kind of spending.
But as the Innovation Trail’s Kate O’Connell reports, concerns remain about the transparency and accountability of the state's subsidy programs.