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

Micron formally applies for funding through the CHIPS & Science Act, Schumer says
CLAY, N.Y. — Micron Technology Inc. (NASDAQ: MU) has submitted its application for federal aid through the CHIPS & Science Act for its semiconductor campus

Ithaca company captures $150K top prize in the HUSTLE Defense Accelerator in Rome
ROME, N.Y. — A firm from Ithaca captured the grand prize of $150,000 during the Demo Day event for the HUSTLE Defense Accelerator at the

FuzeHub grants awarded to projects in Central New York, Southern Tier
ALBANY, N.Y. — FuzeHub announced it has awarded grant funding to collaborative projects in Central New York and the Southern Tier through its Jeff Lawrence

Syracuse-Rochester-Buffalo region competing for Tech Hub designation
The Syracuse-Rochester-Buffalo regions are working together as one to become a federally recognized Tech Hub through a nationwide competition created in the CHIPS & Science

CNY sites receive FAST NY funding to prep shovel-ready sites for development
MARCY, N.Y. — Seven locations, including ones in Oneida, Broome, and Onondaga counties, will share $39.6 million in funding from the Focused Attraction of Shovel-Ready

ConMed to pay Q3 dividend of 20 cents on Oct. 5
ConMed Corp. (NYSE: CNMD), a surgical-device maker with roots in the Utica area, has announced that its board of directors declared a quarterly cash dividend of 20 cents a share for the third quarter of this year. The dividend is payable on Oct. 5 to all shareholders of record as of Sept. 15. At the

October NYS Innovation Summit has speakers from ESD, NYSERDA
SARATOGA SPRINGS, N.Y. — The leaders of Empire State Development (ESD), the national Manufacturing Extension Partnership (MEP) program, and the New York State Energy and Research Authority (NYSERDA) will deliver keynote addresses at the upcoming 2023 New York State Innovation Summit. The two-day event is set for Oct. 16–17 at Saratoga City Center & Saratoga

Five Star Bank partners with software firm on digital loans
WARSAW — Five Star Bank is now offering digital-loan origination for small businesses through its partnership with Numerated, a Boston, Massachusetts–based software company. Five Star Bank is the wholly owned community bank subsidiary of Financial Institutions, Inc. (NASDAQ: FISI), which is headquartered in Warsaw in Wyoming County in Western New York and has branches across
VIEWPOINT: The Importance of Cyber Insurance & Cyber Assurance
Cybersecurity, information assurance, and cyber resilience are essential for any organization. Despite the likelihood of being hacked, companies that implement effective protection techniques and have appropriate insurance coverage can minimize the damage of a cyber attack. Cyber risks present unique challenges to the insurance industry. Business interruption and data-breach litigation insurance were some of the

Utica University receives grant for cyber range plans
UTICA, N.Y. — Utica University received a $150,000 grant from the George I. Alden Trust to build a new cyber range in Bull Hall. A
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.