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Housing project helps Human Technologies fulfill its mission
ROME, N.Y. — Human Technologies’ recently announced plans to build Copper Village — an affordable-housing community in South Rome — are about more than just helping fill the housing gap. The project also helps the nonprofit fulfill its mission to create employment for people with disabilities. The proposed $105 million project would create 250 housing […]
Utica native opens dream business
UTICA — As a creative child, Nazaria (Nazzy) Deloach had a dream for a space where he felt free to be himself and create. As an adult, Deloach is making that dream come true with his new business, Dreamer Studios, LLC, which opened in June at 2507 Genesee St. “I fell in love with music
State’s $55.5M Small Business Revolving Loan Fund 2 offers microloans
ALBANY — New York State recently announced that its expanded $55.5 million Small Business Revolving Loan Fund 2 is available to provide shorter-term microloans and regular loans to address “inequitable” capital access “by bridging the financing gaps facing new companies, under-banked communities, and small businesses.” It’s part of New York’s broader Small Business Credit Initiative
Five Star Bank partners with software firm on digital loans
WARSAW — Five Star Bank is now offering digital-loan origination for small businesses through its partnership with Numerated, a Boston, Massachusetts–based software company. Five Star Bank is the wholly owned community bank subsidiary of Financial Institutions, Inc. (NASDAQ: FISI), which is headquartered in Warsaw in Wyoming County in Western New York and has branches across
C & D Advertising formally opens new office location
ROME — C & D Advertising has officially cut the ribbon on its new office space in its new hometown. That new home, at 103 West Court St. in Rome, was completely remodeled to become a modern office space not only for the advertising agency, but also for multiple business tenants. The project was several
SBDCs provided support for 24K NYS small businesses in 2022
New York Small Business Development Centers (SBDCs) provided direct support to more than 24,000 small-business clients across the state in 2022. The work of New York’s 22 regional SBDCs last year resulted in more than $475 million in financial impact, 2,000 new business startups, and more than 10,000 jobs created or saved, SUNY said a
Banker offers small firms’ tips on navigating current economy
Despite the doom and gloom in the headlines, the overall small-business outlook is still fairly positive, says Lindsay Weichert, senior VP and commercial-banking group manager at Community Bank, N.A., a DeWitt–based commercial bank serving customers in upstate New York, northeastern Pennsylvania, Vermont, and Massachusetts. While the Federal Reserve is still working to cool down the
Local perfume company works to expand its reach
MARATHON, N.Y. — A Cortland County business is taking on the perfume world, one scent at a time, and now, one partnership at a time. Marathon–based Allure City, Inc., which does business as Press Gurwitz Perfumerie, recently launched its first partnership with Just Chill Custom Gifting by Carol in Cortland. The shop, owned by Carol
Ripley, Garlock & Associates adds experienced financial advisor
Ripley, Garlock & Associates Financial Planning has recently added Gagan Singh, an experienced financial advisor, to its team. Having served the financial industry for more than 20 years, Gagan brings a wealth of knowledge and expertise in various aspects of financial planning and investment management, the firm said in a news release. A graduate of
VIEWPOINT: The Importance of Cyber Insurance & Cyber Assurance
Cybersecurity, information assurance, and cyber resilience are essential for any organization. Despite the likelihood of being hacked, companies that implement effective protection techniques and have appropriate insurance coverage can minimize the damage of a cyber attack. Cyber risks present unique challenges to the insurance industry. Business interruption and data-breach litigation insurance were some of the
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