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Regional News

Launch NY invests in Ithaca firm, 12 others in first half

“With an average of over three transactions per month, Launch NY’s #InvestLocal programs remain the most active source of seed capital for new and growing startups in the upstate New York region, which are driving a robust entrepreneurial ecosystem and our regional economy overall,” Marnie LaVigne, president and CEO of Launch NY, said. “As we […]

Comptroller audit finds Herkimer County IDA didn’t properly approve and monitor projects

ALBANY, N.Y. — Herkimer County Industrial Development Agency (IDA) officials and board members didn’t properly approve and monitor economic-development projects, a recent local-government audit by New York State Comptroller Thomas P. DiNapoli found. As a result, the IDA’s board could not effectively evaluate projects or hold project owners accountable, per a July 11 news release

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Launch Lewis County program funds 9 microenterprises

LOWVILLE, N.Y. — Nine microenterprise businesses have secured funding totaling $180,000 in the Launch Lewis County grant program. The grants include two $30,000 awards, five $20,000 grants, and two $10,000 awards, Naturally Lewis said.  Launch Lewis County is a business competition grant program that the Lewis County Industrial Development Agency (IDA) administers on behalf of

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