Upstate New York Regional Center :: Helping Foreign Investors

Investments by Upstate New York Regional Center, LLC

The UNYRC is actively in the process of investing in suitable commercial endeavors in Upstate New York. Over the next 5 years, UNYRC intends to invest $200 million in Upstate New York. We plan for that to be invested with $400 million of additional capital, resulting in $600 million of new investment in Upstate New York. Our plan is for that investment to result in over 12,000 new jobs and nearly a billion dollars of economic impact in Upstate New York. As a result, we are actively soliciting appropriate commercial enterprises in which to invest.

Here is a summary of background information we consider before making an investment:

Jobs created	The most critical characteristic of any investment is that the investment must create or retain jobs in Upstate New York. The exact number of jobs required to be created or retained depends on the amount of the investment. The number of jobs created or retained will be determined utilizing an economic model prepared by UNYRC.
Investment location	Both (1) the investment must be made in, and (2) the jobs must be created or retained in, the 23 western most counties of New York state.
Types of investments	UNYRC has wide latitude in the types of commercial enterprises (businesses) which may be invested into. In addition, UNYRC can invest in private endeavors, public/private endeavors and public endeavors.
Risk level	The UNYRC will seek low risk investments. That does not mean that the investment cannot be utilized by a higher risk commercial endeavor. Rather, it simply means that in analyzing any transaction, UNYRC will insure that investments have significant likelihood of return on investment. Each investment will be judged on its own merits.
Required return on Investment	Since UNYRC requires a low risk investment, it anticipates a lower return on that investment. The UNYRC investments do not require the high level of return which is required, for example, by a venture capital investment. One of the objectives of UNYRC is to help create significant jobs and economic development in Upstate New York by offering a new, relatively inexpensive source of capital for commercial enterprises. Each investment is judged on its own merits and the cost of capital will be a function of many factors.
Types of Investments	UNYRC is granted wide latitude in the types of investments it can make. It can make a direct investment into an operating company or into the assets utilized by an operating company. It can make an investment of equity, debt, a combination there of, and can be very flexible in the capital structure of the investment.
Time horizon	UNYRC investments are designed to be invested for approximately 5 years. It is not required that an investment be held for exactly 5 years, and is merely a guideline. The specifics of an individual investment can vary from that time horizon.
Amount of investment	The minimum investment made by UNYRC is $5 million of UNYRC equity. The maximum amount of investment is $100 million. These amounts can be increased or decreased depending on the scope of the project.
Other sources of investment	Ideally the UNYRC investment will be made with other funds. These might include conventional debt financing, equity financing, or the like.

For additional information on the investments made by UNYRC and whether an individual investment is appropriate, please contact UNYRC.