Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.

Tenney pushes bill to help tiny firms to offer retirement plans
It’s a proposal to incentivize micro-businesses with fewer than 10 employees to adopt retirement plans, helping more workers save for retirement. U.S. Representative Claudia Tenney (R–Canandaigua) on Oct. 23 introduced the Retirement Investment in Small Employers Act (RISE Act), along with Rep. Dan Kildee (D–MI). Background As Tenney’s office explained it, the SECURE 2.0 Act […]

Excellus awards health-equity funding to Utica region groups
UTICA, N.Y. — Excellus BlueCross BlueShield, Central New York’s largest health insurer, has announced several Utica region recipients of its 2023 Health Equity Innovation Awards.

People news: Upstate Medical names assistant VP for internal audit and enterprise risk management
SYRACUSE, N.Y. — William G. Veit has been named assistant VP for internal audit and enterprise risk management at Upstate Medical University. He also serves

Amphitheater at Lakeview has a new name, big concert coming next June
GEDDES, N.Y. — The Amphitheater at Lakeview, which has hosted several high-profile music concerts in recent years, now has a new name and another big

IAED hopes to soon hit funding goal of 5-year investment initiative
ITHACA, N.Y. — Ithaca Area Economic Development (IAED) has reached 65 percent of its $2.1 million goal in its five-year investment initiative and hopes to reach the goal over the next few months. IAED announced the public launch of its five-year investment initiative — Th!nk Tompkins — on Sept. 21 during a private reception held

SUNY uses sustainability bonds to raise $113M for its residency-hall program
ALBANY, N.Y. — SUNY says the Dormitory Authority of the State of New York (DASNY) raised $113 million to support SUNY’s residence-hall program. DASNY raised the funding through its first-ever issuance of sustainability bonds, per a Sept. 13 announcement. The authority issued SUNY dormitory facilities revenue bonds with a sustainability designation. SUNY will use proceeds

Generations Bank CEO Menzo Case dies at age 59
SENECA FALLS, N.Y. — Menzo Case, longtime president and CEO of Generations Bank in Seneca Falls, died last Friday, Oct. 13 surrounded by his family,

ESD funding is available for small businesses pursuing exporting activity
Empire State Development (ESD) says it has nearly $1 million in funding available in the latest round of the State Trade Expansion Program (STEP). The

Shared services net savings for Broome County
Municipalities have worked for decades to share services and cut costs, Broome County Executive Jason Garnar tells CNYBJ in an interview. In both small and large ways, shared services have been happening for a while. “There are tons of things that local governments are doing already to save money,” he says. In Broome County that

Syracuse names Deegan first deputy commissioner of finance
SYRACUSE — Syracuse Mayor Ben Walsh on Oct. 5 announced the appointment of Annemarie Deegan to the role of first deputy commissioner of finance. In that role, Deegan will be responsible for the financial operations of the City of Syracuse, providing “strategic leadership and direction” in centralized financial operations, payroll and capital management, as well
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