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Small Business

Cornell University panorama

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 […]

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

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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

Mizpah Tower

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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