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Stewart’s Shops begins 2021 by acquiring Red-Kap’s assets
SARATOGA SPRINGS — Stewart’s Shops opened 2021 by announcing that the company is expanding with the acquisition of the assets of Schenectady–based energy company Red-Kap. The acquired assets include eight convenience stores, four car washes (one is currently under construction), and fuel distribution to more than 75 dealers, “which is the heart of the deal,” […]
VIEWPOINT: 5 Ways Small Businesses Can Grow in 2021 After Emerging From Disruption
The pandemic made 2020 a difficult year for many small businesses, as many closed permanently. But other small companies had success despite the surge in outbreaks and are hoping to build on those achievements in 2021. How can they keep their momentum going, and what can other businesses learn from their struggles to navigate the challenges of
Syracuse orange-zone restaurants spring back to life with indoor dining
SYRACUSE, N.Y. — One by one, restaurants in the former orange zone encompassing the city of Syracuse are springing back to life now that they
How the SBA’s new round of PPP loans works
It started with community financial institutions The U.S. Small Business Administration (SBA) and U.S. Treasury Department on Jan. 11 reopened the loan portal for the Paycheck Protection Program (PPP), the forgivable-loan initiative that seeks to help small companies survive the economic dislocations of the COVID-19 pandemic. This round of the PPP authorizes up to $284 billion toward
Restaurants in orange zone can reopen for indoor dining, Cuomo’s counsel says
SYRACUSE, N.Y. — Restaurants operating in orange zones under New York State’s COVID-19 cluster initiative can reopen for indoor dining across the state, Gov. Andrew
Stewart’s Shops acquires assets of energy company Red-Kap
SARATOGA SPRINGS, N.Y. — Stewart’s Shops announced that it has acquired the assets of Schenectady–based energy company Red-Kap. The acquired assets include eight convenience stores,
SBA opens new round of PPP loan applications, starting with community financial institutions
The U.S. Small Business Administration (SBA), together with the U.S. Treasury Department, on Monday morning reopened the loan portal for the Paycheck Protection Program (PPP),
Eligible restaurants can apply for funding through ESD’s “Raising the Bar” restaurant-recovery fund
Empire State Development (ESD) has introduced the more than $3 million “Raising the Bar” restaurant-recovery fund to assist New York restaurants during the COVID-19 pandemic.
Executive Leadership Development Series graduates 2020 class
SYRACUSE, N.Y. — CenterState CEO announced that 10 members recently graduated from its 2020 Executive Leadership Development Series. The seven-month program is presented by CenterState
VIEWPOINT: How to Make Sure COVID Doesn’t Kill Entrepreneurship
It’s no secret that the COVID-19 pandemic has left many existing small businesses struggling, and the continued economic uncertainty threatens to kill the ambitions of entrepreneurs who planned to launch new businesses but now must put their dreams on hold. This crisis will end up being much worse for small businesses than the 2008-11 sub-prime mortgage
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