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New York awarded $9.4 million to help small businesses tap into the semiconductor supply chain
New York State has been awarded $9.4 million in federal funding, with $1.5 million in matching funds from Empire State Development (ESD), to help small
Broome County invests $100K in three startups at Koffman Southern Tier Incubator
BINGHAMTON — Three startups that are member companies in the Koffman Southern Tier Incubator will use a total of $100,000 in funding from Broome County as they work to grow the firms. The allocation of funding for the firms includes $50,000 for Agri-Trak, $30,000 for LiBama, and $20,000 for Hub Controls. The incubator describes the
Utica cybersecurity firm Anjolen moves to new location
UTICA — After years of steady growth, the cybersecurity business Anjolen, Inc. will formally celebrate its new larger office on Court Street with a ribbon-cutting ceremony on Oct. 10. The company got its start at Utica University in the Northeast Cyber Forensics Center, where Anjolen founder and president Anthony Martino serves as director. Anjolen operated
TTM to use $30 million federal award for DeWitt expansion project
DeWITT — TTM Technologies Inc. (NASDAQ: TTMI) will use a $30 million federal award to boost the expansion project at its site in DeWitt where the firm will manufacture advanced printed circuit boards (PCBs) “that are critical to America’s national security.” The U.S. Department of Defense awarded the funding that comes from the Defense Production
NORDTECH consortium to use $27M in federal funds for projects
The Northeast Regional Defense Technology Hub (NORDTECH) will use $27 million in U.S. Department of Defense (DoD) funding for various projects, U.S. Senate Majority Leader Charles Schumer (D–N.Y.) announced Sept. 18. NORDTECH describes itself as a regional consortium of government labs, defense companies, academic institutions, and technology-manufacturing organizations in New York state and one of
Tompkins Chamber announces annual award winners
ITHACA, N.Y. — The Tompkins County Chamber of Commerce has announced this year’s winners of its annual awards, which recognize contributions by businesses, nonprofits, and
Berkshire Bank opens new office in DeWitt
DeWITT, N.Y. — Just six months after announcing the sale of a nearby branch in the village of East Syracuse to another bank, Berkshire Bank has opened a new office in the town of DeWitt. The new Berkshire Bank office at 6319 Fly Road in DeWitt will support its business banking, commercial real estate, middle-market
ESD’s Global NY expands to 15 markets, offers $900K to help N.Y. businesses in exporting
ALBANY, N.Y. — Empire State Development (ESD) on Tuesday announced an expansion of Global NY’s international presence, growing from nine to 15 markets. Global NY
Canandaigua National Bank & Trust plans to open multiple Syracuse–area branches starting in 2025
CANANDAIGUA, N.Y. — Canandaigua National Bank & Trust announced it will be entering the Syracuse market with plans to open multiple branches starting in 2025. Frank Hamlin, III, the bank’s president and CEO, views this announcement as the “next exciting evolution for an organization that has made consistent and considerable growth throughout its history.” Canandaigua
State of Downtown report details vibrant activity
Nearly 30 new ground-floor businesses began operations in downtown Syracuse in the 2023-24 fiscal year. The firms included seven new retail shops, eight personal-service locations, and 14 new food and beverage spots. That’s according to the State of Downtown report that Merike Treier, executive director of the Downtown Committee of Syracuse Inc., delivered during the
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