Hochul budget boosts biotech, quantum hubs and manufacturing modernization, ESD says Empire State Development told lawmakers the governor’s executive budget proposes targeted investments — $65M for biogenomics/biotech commercialization, $60M for four quantum hubs, and a $10M manufacturing modernization program — aimed at growing high‑tech ecosystems while supporting small businesses and MWBEs statewide.

New York's bold budget proposal could revolutionize biotech and quantum tech, with millions allocated to boost innovation and support small businesses across the state.

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