Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
M&T Bank credits changes for surge in its SBA-backed loans
SYRACUSE — M&T Bank is crediting several changes it made to its small-business lending model for the jump in its March loan-approval volume in the Syracuse district of the U.S. Small Business Administration (SBA). M&T Bank approved 49 SBA-backed loans in the agency’s (7a) program during March, which almost equaled the 51 such loans it […]

U.S. economic growth slows to 0.5 percent in first quarter
U.S. economic growth slowed in the first three months of the year, with the nation’s real gross domestic product (GDP) increasing by just 0.5 percent,

Syracuse University launches Blackstone LaunchPad in Bird Library
SYRACUSE — Syracuse University formally opened an experiential entrepreneurship program for all students and faculty on April 19 at Bird Library. The 625-square-foot, glass-encased room, called the Blackstone LaunchPad, is in the center of the main floor of the library. “We are developing a pipeline for students to learn critical thinking, planning, and design,” Linda

Three teams advance to third round of Germinator business competition
SYRACUSE, N.Y. — Three teams will compete in third round of the Germinator, which CenterState CEO describes as “the region’s most comprehensive business competition.” The

Rowe Digital stays agile in new marketing world
Half the money I spend on advertising is wasted; the trouble is, I don’t know which half. — John Wanamaker NEW YORK MILLS — John Wanamaker was a merchandising genius. In 1875, his eponymous company was the first department store in Philadelphia, and he went on to open stores in New York City, London, and

Syracuse University startup & mobile payment app, ChaChing, readies for launch
SYRACUSE — A Syracuse University–based student startup, ChaChing, is gaining momentum with its peer-to-peer mobile payment application. ChaChing came in second place at the Student Startup Madness contest at the South by Southwest Interactive Festival. It’s a five-day event in Austin, Texas, where emerging technology companies come together for panels, presentations, and networking. The fledgling

Henderson Wholesale Lamps wants to expand its footprint
SOLVAY — Henderson Wholesale Lamps, LLC has a customer base that’s primarily in Onondaga County, but the firm would like to expand its footprint across Central New York. “We’ve already started that a little bit,” says David Henderson, the company’s sole owner, noting the business has serviced referrals from outside the county. Henderson Wholesale Lamps,

Self-taught cookie baker looking for Armory Square storefront
SYRACUSE — A self-taught baker with a growing home-based cookie business is looking for a storefront in Armory Square. Cathy Pemberton, founder and sole owner of three-year-old Cathy’s Cookie Kitchen, wants to move the business that she is running from her house in Camillus to a 1,000–square-foot location in downtown Syracuse. “It’s the natural next
M3 Placement & Partnership hopes national certification spurs growth
UTICA — The Women Business Enterprise National Council (WBENC) has certified M3 Placement & Partnership of Utica as woman-owned. WBENC notified the Utica firm of its certification in January. Founded in 1997, the Washington, D.C.–based nonprofit WBENC is the “largest third-party certifier of businesses owned, controlled, and operated by women” in the U.S., according to

Paradigm Consulting receives WBE certification
UTICA, N.Y. — Laurie Schoen, president and CEO, and Amy Mielnicki, executive VP, of Paradigm Consulting, Inc., recently announced that their firm has been granted Woman-Owned Business Enterprise (WBE) certification by Empire State Development’s Division of Minority and Women Business Development. Paradigm Consulting says it provides group retirement consultation and investment advisory services in Central
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.