Economic Inclusion: How IDA’s Can Develop More Equitable and Sustainable Communities

June 24, 2021  
10:00AM - 11:00AM
Sponsored By Babylon Industrial Development Agency (IDA)
Event Description

The COVID-19 pandemic highlighted the economic inequities in communities of color, emphasizing persistent gaps in healthcare, employment, and education. The actions regional leaders take is imperative to propelling a thriving, inclusive economy.

The Town of Babylon has exhibited leadership on this front through its Economic Inclusion Initiative—an innovative program providing financial, technical, and legal assistance to minority, women and veteran entrepreneurs (MWBE) within the Town. Through the Economic Inclusion Program, the Babylon IDA has created a benchmark for the state’s IDAs by promoting the inclusion of minority communities through several innovative programs and partnerships.

Join us for a discussion about how these programs have created opportunities for MWBE businesses and how broader adoption of these policies can better New York’s economy and communities. 

Kathy Hochul
Lieutenant Governor
Lieutenant Governor Kathy Hochul has been a life-long advocate for women and working families across the State, fighting for equal rights and opportunities for success. She has worked at all levels of government, from Town Board to Congress – where she represented New York’s 26th Congressional District. Lieutenant Governor Hochul chairs the statewide Regional Economic Development Councils, which have reinvented economic development in local communities. She’s also spearheaded the State's comprehensive Paid Family Leave program and is continuing to work to eliminate the gender wage gap. She is focused on ensuring workforce development opportunities across the State, recently launching the first-ever Workforce Development Awareness Week in New York to highlight the State’s $175 million Workforce Development Initiative.
Ryan Silva
Executive Director, New York State Economic Development Council
Ryan Silva has served as Executive Director of the New York State Economic Development Council since 2017. His experience in economic development provides real value to the NYSEDC membership and helps improve the economic climate and quality of life in New York State. Prior to joining the NYSEDC, Ryan served as Director of Government Relations in the Office of the President at the University at Albany. He also served as Vice President of Regional Economic Development and Deputy Director of the Regional Councils for Governor Andrew M. Cuomo's Empire State Development (ESD). At ESD, he oversaw the Regional Economic Development Council (REDC) process and developed several economic development policies. During his tenure at ESD, the regional council process awarded more than $2.5 billion to more than 2,000 projects, leveraging billions in private investment and creating/retaining thousands of jobs across New York State. Ryan also worked directly on several projects that lead to the creation/retention of more than 3,000 jobs, leveraging nearly half a billion dollars in private sector revenue. Earlier in his career Ryan worked at the Rensselaer County Regional Chamber of Commerce in Troy, N.Y. for 10 years, serving as Membership Director and Director of Economic Development and Government Affairs. During his time there, he was responsible for growing membership revenue and launching several new initiatives, including the Economic Development Partnership which helps businesses start up, expand, and relocate to the City of Troy and Rensselaer County. Ryan has been recognized for his professional achievements throughout his career, being selected as a City and State 40 under 40 Rising Star in 2018, an Albany Business Review 40 under 40 honoree in 2016, and the recipient of the Capital District YMCAs Presidents Award, also in 2016. He was also honored with the American Chamber of Commerce Executives Lifetime Achievement Award, receiving the Gold Level in 2010, Silver Level in 2007, and the Bronze Level in 2006 for membership growth and development. An active and involved community member, Ryan was appointed to Governor Andrew M. Cuomo's Health Benefit Exchange Regional Advisory Committee in 2012. He also served on the Capital District YMCA Board of Directors and was Board Chair of the Troy YMCA from 2014-2016. He was also a member of The College of Saint Rose Board of Associates and the Huether School of Business Advisory Board at the college. Ryan graduated from The College of Saint Rose with a major in public communications. He resides in East Greenbush, N.Y. with his wife, Sandra and three children, Sydney, Anthony, and Eva.
Tracey Edwards
Tracey Edwards
Long Island Regional Director, NAACP New York State Conference
Tom Dolan
Tom Dolan
CEO, Babylon Industrial Development Agency (IDA)
Dan Lloyd
Dan Lloyd
President & Founder, Minority Millennials
Jerome A. DuVal
Executive Vice President & Executive Director, Division of Minority and Women’s Business Development
Mr. DuVal serves as the Executive Director of the Division of Minority and Women’s Business Development within the Department of Economic Development (the “Division”). The Division is charged with promoting equality of economic opportunities for minority- and woman-owned businesses (“MWBEs”) throughout New York State. In these roles, Mr. DuVal oversees the certification program for MWBEs, including the methodology for eligibility analysis, the application review process, and the maintenance of the MWBE certified business repository. He also leads the team in developing and executing on strategies for the business development of MWBEs through education and outreach to State agencies, MWBEs, and private sector firms. Mr. DuVal joined ESD from the City of Warrensville Heights, Executive Office of The Mayor, where he served as Director of Community and Economic Development. Prior to his role at the city, Mr. DuVal was Vice President of Federal Program and led the business development practice to support state, federal and international clients. Mr. DuVal was appointed under Mayor, Anthony Williams and led the city’s resurgence and economic revitalization across the District of Columbia’s eight wards. He managed programs to improve the performance of government services and worked to ensure the city invested in infrastructure and human services. He also led initiatives to strengthen relationships and develop partnerships with businesses, community-based organizations and citizens. Mr. DuVal earned a bachelor’s degree in Communications and minor in Public Relations from State University New York, Oswego and Master of Social Work degree from Syracuse University.
Rodneyse Bichotte Hermelyn
Chair, Assembly Subcommittee on Oversight of Minority and Women-Owned Business Enterprises
Rodneyse Bichotte Hermelyn is the Assemblymember and State Committee Woman / District Leader for New York State’s 42nd Assembly District. She is also the first Haitian-American woman elected in the city of New York. Assemblymember Bichotte holds the position of Chair of the Subcommittee on Oversight of Minority and Women-Owned Business Enterprises (MWBEs). Assemblymember Bichotte is the Co-Chair of the New York State Association of Black and Puerto Rican Legislators Workshops Committee, and has been appointed to Governor Cuomo’s Advisory Council on Domestic Violence, and appointed by Mayor de Blasio’s Advisory Council on Minority and Women-Owned Business Enterprise. By her second legislative term, Assemblymember Bichotte introduced over 60 pieces of legislation, of which five became law. In addition, the Assemblymember co-sponsored over 200 pieces of legislation. She is notable for the High Profile Bill -The Elimination of the Personal Net Worth Cap. In addition to a business focus, Assemblymember Bichotte has given legislative attention to Science, Technology, Engineering, Mathematic (STEM) and criminal justice reform as well as resolutions on international human rights reform. She holds an MBA from Northwestern University, Kellogg School of Management, an MS in Electrical Engineering from Illinois Institute of Technology, a BS in Electrical Engineering from SUNY Buffalo, a BS in Mathematics in Secondary Education and a BT in Electrical Engineering -- both from Buffalo State College.

Welcome & Introduction By Tom Dolan, CEO, Babylon Industrial Development Agency (IDA)


Keynote Remarks By Kathy Hochul, Lieutenant Governor of New York


Panel Discussion 

Zach Williams, Albany Reporter, City & State NY (Moderator)

Dan Lloyd, President & Founder, Minority Millennials

Ryan M. Silva, Executive Director, New York State Economic Development Council (NYSEDC)

Tracey Edwards, Long Island Regional Director, NAACP

Jerome DuVal, Executive Vice President & Executive Director, Division of Minority and Women's Business Development, Empire State Development

Rodneyse Bichotte Hermelyn, Chair, Assembly Subcommittee on Oversight of Minority and Women-Owned Business Enterprises


Closing Remarks

Platinum Sponsors