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 […]

SRC wins patent for adaptive digital filter for radar systems
CICERO, N.Y. — The U.S. Patent and Trademark Office has recently issued SRC, Inc. a patent for “Discrete Time Adaptive Notch Filter,” a process that allows for the selective filtering of complex signal components in radar systems. The patent develops an adaptive digital filter designed to efficiently remove specific types of unwanted interference, while minimizing

Lockheed’s suburban Syracuse plant wins $57M Navy pact for submarine work
SALINA, N.Y.— Lockheed Martin Rotary and Mission Systems’ plant in the town of Salina has been awarded a more than $57.25 million contract for engineering and technical support and production of submarine multifunction modular masts on new construction and in-service submarines. This pact includes options which, if exercised, would bring the cumulative value of this

State Fair launches Fairgrounds alert system
GEDDES, N.Y. — The New York State Fair says it’s launching a Fairgrounds alert system for the upcoming 2025 Fair. The state is encouraging fairgoers

Anheuser-Busch to spend $9 million on upgrades to Baldwinsville brewery
LYSANDER, N.Y. — Anheuser-Busch InBev (NYSE: BUD) on Tuesday announced a new $9 million investment in its Baldwinsville brewery in the town of Lysander. St.

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)

Binghamton University breaks ground on new classroom, lecture hall building
VESTAL, N.Y. — Binghamton University on Wednesday broke ground on a new classroom and lecture-hall building. The construction site is located across from Academic A

A Moment of Momentum: Building the Future of the Mohawk Valley
As we advance into the second half of 2025, our region finds itself at a pivotal moment, characterized by both challenges and opportunities. At Mohawk Valley EDGE, we are working with urgency and optimism to ensure that our region not only navigates at this moment but also emerges stronger, more resilient, and more inclusive than

New York UAS test site exhibits at key industry trade show
ROME — The New York UAS test site announced that it was among the exhibitors and participants at AUVSI XPO 2025, described as the “premier gathering” for the autonomous-systems industry. The Association for Uncrewed Vehicle Systems International (AUVSI) hosted the event, which was held from May 19-22 in Houston, Texas. The New York UAS Test

ConnextCare uses $100K Delta Dental grant to complete hybrid dental room
OSWEGO, N.Y. — ConnextCare announced it has used a $100,000 grant from the Delta Dental Foundation to complete a hybrid dental room at its Oswego
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.