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Small Business

Launch NY invests in Ithaca firm, 12 others in first half

“With an average of over three transactions per month, Launch NY’s #InvestLocal programs remain the most active source of seed capital for new and growing startups in the upstate New York region, which are driving a robust entrepreneurial ecosystem and our regional economy overall,” Marnie LaVigne, president and CEO of Launch NY, said. “As we

Comptroller audit finds Herkimer County IDA didn’t properly approve and monitor projects

ALBANY, N.Y. — Herkimer County Industrial Development Agency (IDA) officials and board members didn’t properly approve and monitor economic-development projects, a recent local-government audit by New York State Comptroller Thomas P. DiNapoli found. As a result, the IDA’s board could not effectively evaluate projects or hold project owners accountable, per a July 11 news release

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New York corn planted area hits 10-year high in 2022

New York farms planted corn for all purposes on an estimated 1.19 million acres this year, up 13 percent from the 2021 planted area, according to the USDA National Agricultural Statistics Service (NASS) New York field office. The 2022 total is the highest in a decade. Empire State growers expect to harvest 590,000 acres for

Launch Lewis County program funds 9 microenterprises

LOWVILLE, N.Y. — Nine microenterprise businesses have secured funding totaling $180,000 in the Launch Lewis County grant program. The grants include two $30,000 awards, five $20,000 grants, and two $10,000 awards, Naturally Lewis said.  Launch Lewis County is a business competition grant program that the Lewis County Industrial Development Agency (IDA) administers on behalf of

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