Five Genius NY startups raise more than $10M in follow-on funding
SYRACUSE, N.Y. — Five startups in the Genius NY accelerator have raised more than $10 million in additional private investment. Read More
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Oneida County taps Idaho organization to help it grow local high-tech entrepreneurship
UTICA, N.Y. — An Idaho–based organization that helps communities with economic-development efforts is focused on Oneida County and will begin a series of public events later this month. Read More
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Record crowd attends 7th annual CNY Best Places to Work awards event
DeWITT, N.Y. — The 2019 Central New York’s Best Places to Work awards event on Thursday evening recognized more than three dozen companies from the region. About 340 people attended the awards show at the Drumlins Country Club in the town of DeWitt., a record crowd for the 7th annual event. Read More
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Greater Syracuse Business Development Corp. names two new board members
SYRACUSE, N.Y. — The Greater Syracuse Business Development Corporation (GSBDC) recently announced it has appointed Kenneth B. Jardin, II and Stephen A. Mitchell to its board of trustees. Read More
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Elmira Savings Bank names two new board members
ELMIRA, N.Y. — Elmira Savings Bank (NASDAQ: ESBK) recently announced the election of two new members to its board of directors. Read More
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KeyBank unit provides $15 million in financing for apartment complex in Potsdam
POTSDAM, N.Y. — KeyBank Real Estate Capital has provided a $15 million Freddie Mac loan for the acquisition of a 137-unit, garden-style apartment complex in Potsdam in St. Lawrence County. Read More
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DiNapoli announces no change in state pension fund employer-contribution rates for next fiscal year
Employer-contribution rates in the state pension fund for fiscal year 2020-21 will remain the same for the employees’ retirement system (ERS). Read More
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NBT Bancorp hires Kelley as general counsel
NORWICH, N.Y. — NBT Bancorp Inc. (NASDAQ: NBTB) announced it has hired Angela Wolfe Kelley as executive VP and general counsel. Read More
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Chemung Canal Trust names Cosgrove chief credit officer
ELMIRA, N.Y. — Chemung Canal Trust Company announced it has hired Peter K. Cosgrove as executive VP and chief credit officer. He started his job at the bank on Aug. 12. Read More
Health Care & Education
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Oneida County taps Idaho organization to help it grow local high-tech entrepreneurship UTICA, N.Y. — An Idaho–based organization that helps communities with economic-development efforts is focused on Oneida County and will begin a series of public events later this month. Read More
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WellNow Urgent Care adds VA carrier TriWest to list of accepted insurance plans CLAY — WellNow Urgent Care announced it has added TriWest — which administers health plans for the U.S. Department of Veterans Affairs (VA) — to its network of accepted insurance plans. Read More -
Upstate Medical University adds Cardiovascular Group of Syracuse SYRACUSE — Now that the Cardiovascular Group of Syracuse is affiliated with Upstate Medical University, the medical school sees the relationship as a “key step” in developing the Upstate Heart Institute. Read More
Construction, Design & Real Estate
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Everson Museum of Art to host symposium for competing firms in café-design competition SYRACUSE, N.Y. — The finalists in the competition to design a new café for the Everson Museum of Art in Syracuse will participate in a public symposium at the Everson. Read More -
Bryant & Stratton to move Clay campus to Route 57 after crews renovate the building CLAY — Once a $2 million renovation project is complete at the new location, Bryant & Stratton College plans to relocate its Clay campus from 8687 Carling Road, just off Route 31, to 7805 Oswego Road (Route 57). Read More -
Construction work starts on O’Reilly Auto Parts store in Fulton FULTON — Preliminary construction work has started at a site on the west side of the city of Fulton that will be the future home of a new O’Reilly Auto Parts store. Read More
Manufacturing & Engineering
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Five Genius NY startups raise more than $10M in follow-on funding SYRACUSE, N.Y. — Five startups in the Genius NY accelerator have raised more than $10 million in additional private investment. Read More
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MACNY to help develop youth-apprenticeship programs DeWITT — MACNY, the Manufacturers Association, will use a portion of grant funding awarded to a partner organization to help develop local and regional apprenticeship programs. DeWitt–based MACNY is Read More -
One Syracuse, four Ithaca firms selected among 18 finalists in first round of Grow-NY agribusiness competition A Syracuse company and four firms from Ithaca are among the 18 finalists in the first round of the Grow-NY food innovation and agriculture-technology business competition. Read More