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

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 […]

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
Berkshire Bank parent company to merge with another Boston–based bank, change names
BOSTON — Berkshire Hills Bancorp, Inc. (NYSE: BHLB) — parent company of Berkshire Bank, which has a significant presence in the Mohawk Valley and Capital

Capital Region accounting firm to combine with The Bonadio Group
ROCHESTER, N.Y. — DALLE Accounting and Cash Management, Inc., an accounting and advisory firm that operates in Watervliet, northeast of Albany, will soon combine with

Smith Brothers Insurance acquires Ithaca firm
ITHACA, N.Y. — Smith Brothers Insurance, LLC, a Connecticut–based firm with offices in Owego, Vestal, Waverly, and Albany, has acquired Moscato & Associates of Ithaca,

Syracuse Mets ask fans to help pick their new nickname, starting in the 2027 season
SYRACUSE, N.Y. — Syracuse’s minor-league baseball team will be getting a new nickname. Could it be the Orange Sox? Perhaps the Salt Potatoes? Or maybe

Naturally Lewis names new executive director
LOWVILLE, N.Y. — Naturally Lewis, Inc. says it has hired Joanne Witt as the new executive director of the Lewis County–based nonprofit economic-development organization. Witt officially started work on Monday, Aug. 4, succeeding Brittany Davis in the role. Witt most recently served as director of the STARBASE Fort Drum Academy, per her LinkedIn page. “I

State Police arrest Cortland woman for allegedly stealing almost $900 from her retail employer
CORTLAND, N.Y. — The New York State Police announced on Monday, Aug. 4 that they arrested a Cortland woman last week for allegedly stealing nearly $900 from her retail employer in the Cortland and Ithaca areas and trying to cover it up. New York State Police in Homer on Monday, July 28 arrested Hailey Sweeney,

Women–owned businesses in Oneida and Herkimer counties can pursue $5,000 grants
CLINTON, N.Y. — A total of five grants, each worth $5,000, are available for women–owned business in Oneida and Herkimer counties. The Women’s Fund (WF)

KeyBank awards Home HeadQuarters $200K bicentennial grant
SYRACUSE, N.Y. — KeyBank Foundation has awarded a $200,000 philanthropic grant to Syracuse–based Home HeadQuarters, Inc. The funding is meant to “celebrate 200 years of
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.