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

Utica to host State Summer Games for Special Olympics N.Y. the next three years
UTICA, N.Y. — Utica will host the next three annual editions of the State Summer Games for Special Olympics New York between 2026 and 2028. Utica University will serve as the hub of State Summer Games, with Opening & Closing Ceremonies and most of the sports competitions held on site. The campus will also provide […]

Startup fund Upstate Biotech Ventures now has $10 million
SYRACUSE, N.Y. — Upstate Biotech Ventures (UBV), Upstate Medical University’s startup biotech fund, now has significantly more funding than it did when UBV was announced in July 2024. SUNY Chancellor John King, Jr. on July 16 announced a $4 million increase in the startup biotech fund for a total $10 million investment. Empire State Development

Students learn about sports-medicine careers at Guthrie event
DICKINSON, N.Y. — Nearly 40 students from area high schools learned about professions in sports medicine and received hands-on experience during a July 18 event hosted by Guthrie Sports Medicine. The inaugural “Game Plan: Careers in Sports Medicine” provided instruction for 39 students in an interactive career day at SUNY Broome Community College, near Binghamton

SRC wins patent for adaptive digital filter for radar systems
CICERO, N.Y. — The U.S. Patent and Trademark Office has recently issued SRC, Inc. a patent for “Discrete Time Adaptive Notch Filter,” a process that allows for the selective filtering of complex signal components in radar systems. The patent develops an adaptive digital filter designed to efficiently remove specific types of unwanted interference, while minimizing

KeyCorp to pay 3rd quarter 2025 dividend in mid-September
KeyCorp (NYSE: KEY) — parent company of KeyBank, the No. 2 bank ranked by deposit market share in the 16-county Central New York region — has declared a quarterly cash dividend of 20.5 cents per share of its common stock for the third quarter of this year. The dividend is payable on Sept. 15, to

Syracuse Fire Department’s Engine Company 12 reopens at Station 12 after 27 years
SYRACUSE, N.Y. — After being closed since 1998, the Syracuse Fire Department’s Engine Company 12 reopened and returned to Station 12 at 400 West Genesee St. on July 2. Engine 12 will respond to calls for fires, car accidents, EMS, and other 911 emergencies across the city. The fire department said that amid record-breaking call

Community Foundation honors Human Technologies with Community Impact Award
UTICA, N.Y. — The Community Foundation of Herkimer and Oneida Counties presented its Community Impact Award to Human Technologies on June 26. The Community Impact Award celebrates, rewards, and encourages outstanding achievement in the charitable sector and is presented to a nonprofit organization serving Herkimer and/or Oneida counties that has shown outstanding service to its

Unique Development lands contract for IKEA store at Destiny USA
SYRACUSE, N.Y. — Unique Development Companies, Inc. of Syracuse recently announced it has been selected by home-furnishings retailer IKEA to help build out its brand-new store at Destiny USA. The IKEA store, which will open sometime this fall, will occupy the 88,500-square-foot former At Home space at Destiny USA. It will be the Swedish retailer’s

Lockheed’s suburban Syracuse plant wins $57M Navy pact for submarine work
SALINA, N.Y.— Lockheed Martin Rotary and Mission Systems’ plant in the town of Salina has been awarded a more than $57.25 million contract for engineering and technical support and production of submarine multifunction modular masts on new construction and in-service submarines. This pact includes options which, if exercised, would bring the cumulative value of this

TC3, Cornell CALS sign new articulation agreement
DRYDEN, N.Y. — Tompkins Cortland Community College (TC3) and Cornell University on Thursday signed a new articulation agreement that provides TC3 graduates a direct-transfer path
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