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Gillibrand: SBA microloan program would expand under federal bill
SYRACUSE — The U.S. Small Business Administration’s (SBA) microloan program would expand under legislation that the U.S. Senate is considering. The proposed Microloan Modernization Act would expand the SBA program that provides loans and technical assistance to entrepreneurs who “face challenges” accessing the capital needed to start and expand small businesses because “they are often […]
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SYRACUSE — The U.S. Small Business Administration’s (SBA) microloan program would expand under legislation that the U.S. Senate is considering.
The proposed Microloan Modernization Act would expand the SBA program that provides loans and technical assistance to entrepreneurs who “face challenges” accessing the capital needed to start and expand small businesses because “they are often denied loans by banks,” the office of U.S. Senator Kirsten Gillibrand said in a Jan. 26 news release.
Gillibrand discussed the legislation during a Jan. 26 appearance at Right Price Companies Inc. at 4726 S. Salina St. in Syracuse.
The SBA microloan program makes direct loans and grants to intermediary, nonprofit organizations that in turn provide microloans of up to $50,000 and business-based training and technical assistance to startup and growing small businesses, according to Gillibrand’s release. The average loan amount is $13,000.
The legislation would “strengthen” the SBA microloan program by raising the total limit on outstanding loans to intermediary lending organizations, which would allow for more loans to be made to women, minority, and other business owners, according to Gillibrand’s release.
The total amount of loans outstanding and committed to any intermediary … from the SBA business loan and investment fund would be increased from $5 million to $6 million for the remaining years of the intermediary’s participation in the program.
Supporting the bill
In her remarks at the Right Price Companies, Gillibrand explained why she is supporting the proposal.
“The banks either say that the startup business is too risky for an investment or that they don’t have enough credit history to let the bank feel comfortable lending to them,” Gillibrand said.
Many of those same entrepreneurs, Gillibrand noted, also “struggle” to get the attention of early-stage and venture-capital investors who help other startup businesses “get off the ground.”
As a result, she added, too many entrepreneurs are “stopped in their tracks” when they try to get their first loan from a bank to start their businesses.
“And more often than not, the people who lose out are women and minority-owned businesses. So, we have to fix this … We have to make our credit system fair for any entrepreneur in the state who’s willing to take a risk and strengthen their community by starting their own business,” said Gillibrand.
“That’s been one of the challenges since day one … being that we are first-generation entrepreneurs, we had to figure a lot of things out and one of the things that’s been difficult to figure out is access to capital,” Darin Price, COO of Right Price Companies, said.
On its website, Right Price Companies describes itself as “the only dual certified, woman/minority owned furniture distributor in upstate New York,” specializing in commercial furniture and case goods sales.
Besides additional loans, the proposal would also expand opportunities for more hands-on training assistance to help small-business owners succeed.
The U.S. House of Representatives has already approved the legislation, which Gillibrand describes as “bipartisan.”
Sen. Deb Fischer (R–Neb) is the bill’s lead sponsor, Gillibrand noted in her remarks.
The bill is also co-sponsored by U.S. Senators Tim Scott (R–S.C.), Chris Coons (D–Del.), Jeanne Shaheen (D–N.H.), Joe Donnelly (D–Ind.), and Gary Peters (D–Mich.).
The proposed legislation would provide “another important tool” in the effort to “build and grow” the small-business community, Robert Simpson, president and CEO of CenterState CEO, said in his remarks at the event.
“I want to make sure that the Senator knows that we understand that it’s incumbent on us here in our community to create our own resources and to do work, too. We appreciate and need the support of the federal government but it’s equally important for us in Central New York to be intentional about our own efforts to support entrepreneurs,” said Simpson.
Since its inception, the SBA microloan program has delivered more than $722 million in loans to small businesses across the U.S. that have created or retained 212,000 jobs. The program loaned more than $8.4 million to 821 New York entrepreneurs and business owners “in fiscal year 2017 alone,” Gillibrand’s office said.
FuzeHub grant money is available to support manufacturing innovation
Albany–based FuzeHub says the application period for its next round of manufacturing grants is open and will continue through Feb. 28. Nonprofit organizations can propose projects that help New York manufacturers in developing and improving products or enhancing their production capabilities. The maximum grant award amount is $50,000, FuzeHub said in a news release. FuzeHub
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Albany–based FuzeHub says the application period for its next round of manufacturing grants is open and will continue through Feb. 28.
Nonprofit organizations can propose projects that help New York manufacturers in developing and improving products or enhancing their production capabilities.
The maximum grant award amount is $50,000, FuzeHub said in a news release.
FuzeHub is a nonprofit organization that seeks to assist small to medium manufacturing companies in New York by matching them with technical and business resources. It offers manufacturing grants “periodically.”
For more information about the Jeff Lawrence Innovation Fund and the types of projects that are eligible for manufacturing grants, visit https://fuzehub.com/innovation-fund/.
FuzeHub in 2017 awarded more than $800,000 in manufacturing grants, in addition to supporting $250,000 worth of commercialization projects for startup companies.
About the grant funding
FuzeHub awards the manufacturing grants through dollars available in the Jeff Lawrence Manufacturing Innovation Fund.
Lawrence, who died in 2015, was a top executive at the Albany–based Center for Economic Growth, the manufacturing extension partnership (MEP) center for the Capital Region, and a supporter of New York manufacturing and entrepreneurial communities.
The manufacturing-innovation fund, which was established with $1 million annually for five years, supports activities designed to “spur technology development and commercialization” across New York state.
FuzeHub is administering the fund as part of its role as the Empire State Development (ESD)-designated statewide MEP center.

Fort Drum soldiers wrap up SUNY Poly advanced-manufacturing training program
A group of 10 Fort Drum soldiers have completed a training program through SUNY Polytechnic Institute (SUNY Poly) that provided skills and connected them to New York’s advanced manufacturers. The 56-hour, hands-on training program is a partnership between SUNY Poly, the school’s Northeast Advanced Technological Education Center (NEATEC), Jefferson Community College (JCC), Mohawk Valley Community
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A group of 10 Fort Drum soldiers have completed a training program through SUNY Polytechnic Institute (SUNY Poly) that provided skills and connected them to New York’s advanced manufacturers.
The 56-hour, hands-on training program is a partnership between SUNY Poly, the school’s Northeast Advanced Technological Education Center (NEATEC), Jefferson Community College (JCC), Mohawk Valley Community College (MVCC), and the Fort Drum’s Soldier For Life-Transition Assistance Program.
The National Science Foundation funded the project to provide “marketable, in-demand skills” to transitioning soldiers, SUNY Poly said.
“We are proud that SUNY Poly and NEATEC, in collaboration with our educational and governmental partners, are once again supporting the attainment of technical skills that can provide a bridge for soldiers as they transition into civilian life, paving the way for job interviews and opportunities that will allow these soldiers to positively leverage their military experience and skillset to obtain important jobs that are in-demand throughout the region,” Bahgat Sammakia, interim president of SUNY Poly, said in a news release.
This is the third group of soldiers to participate in such training since NEATEC began working with the Soldier for Life-Transition Assistance Program at Fort Drum in 2015. The partnership was created to “establish a pipeline” of soldiers interested in working as technicians in advanced manufacturing.
About the training
Training is offered to soldiers scheduled to separate from service within a year, as well as some recently transitioned veterans.
While initially offering training related to radio frequency and pneumatics, the program has expanded to include advanced-manufacturing practices, pneumatics technology, and mechatronics. The topic selection and course objectives for this workshop series were based upon conversations with SUNY Poly’s industrial partners, the school said.
Current and former MVCC faculty developed and taught the curriculum. The first two trainings were offered entirely on the MVCC campus, but this most recent training was split between MVCC and JCC.
Numerous companies have participated in the program, meeting with soldiers to talk about their organizations, products, and employment opportunities, including Clinton–based Indium Corporation; Danfoss Silicon Power, a German company with a Utica facility; Plattsburgh–based Norsk Titanium; Milpitas, California–headquartered GlobalFoundries, which operates location in Albany and East Fishkill in Dutchess County; SUNY Poly’s Albany NanoTech Complex Foundry; Panasonic Eco Solutions Solar NY of Buffalo; Bartell Machinery of Rome; HMI Metal Powders-Pratt & Whitney in Clayville, south of Utica; Anaren Inc. of DeWitt; and the Watertown location of Allied Motion, which is headquartered in the Buffalo suburb of Amherst.
Student teams compete to represent Syracuse in ACC InVenture Prize competition
SYRACUSE — Student entrepreneurs at Syracuse University have applied to compete in the Atlantic Coast Conference (ACC) InVenture Prize competition. It’s a televised “Shark Tank”-style competition open to student startups at the 15 colleges and universities that are part of the ACC Academic Consortium. The InVenture Prize competition offers the only chance for ACC student
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SYRACUSE — Student entrepreneurs at Syracuse University have applied to compete in the Atlantic Coast Conference (ACC) InVenture Prize competition.
It’s a televised “Shark Tank”-style competition open to student startups at the 15 colleges and universities that are part of the ACC Academic Consortium.
The InVenture Prize competition offers the only chance for ACC student innovators and inventors to compete in a televised pitch event in front of a live audience, Syracuse said in a news release.
The Blackstone LaunchPad at Bird Library on Feb. 16 will be hosting the campus qualifier to pick the top team to represent Syracuse University. The winning team selected by a panel of judges will receive an all-expense-paid trip to Georgia Tech in Atlanta for the finals April 5-6, and a chance to compete for $30,000 in prize funding in a broadcast scheduled for PBS.
“We have a panel of judges from every single academic discipline across the [Syracuse] campus who will … pick the top 10 teams with the most promising ideas. They’ll pitch Friday February 16 from 1 to 4 p.m. on campus and from that group, we’ll pick the winner,” says Linda Hartsock, executive director of Blackstone LaunchPad at Syracuse University. She spoke with CNYBJ on Feb. 5.
Blackstone LaunchPad is a campus-based “experiential” entrepreneurship program open to students, alumni, staff and faculty, offering coaching, ideation and venture-creation support.
It is modeled on a successful program originated at the University of Miami and further expanded by the New York City–based Blackstone Charitable Foundation. Blackstone LaunchPad is co-funded by the Blackstone Charitable Foundation and Syracuse University.
Last year, Syracuse University entrepreneur Kate Beckman, founder of Fresh U and now a graduate student in the Newhouse School, made it to the final five of the competition at Georgia Tech, which was broadcast live and streamed by PBS.
Fresh U is a national online publication geared toward college freshmen, which launched in June 2015, according to its website.
In addition to Syracuse University, the participating universities are: Boston College, Clemson, Duke, Florida State, Georgia Tech, North Carolina State, Notre Dame, Louisville, Miami, North Carolina, Pittsburgh, Virginia, Virginia Tech, and Wake Forest. It’s the same 15 schools that are in the ACC athletic conference.
Students may make appointments to meet at the Blackstone LaunchPad with experts from the U.S. Small Business Administration and New York State Small Business Development Center for technical assistance, according to the Syracuse release.
TSA PreCheck enrollment center at Syracuse airport relocates due to construction project
SYRACUSE — The TSA (Transportation Security Administration) PreCheck enrollment center at Syracuse Hancock International Airport has relocated due to the ongoing construction project at the airport. The new location is on the second level, near the security checkpoint, the airport said in a news release. The enrollment center is open Monday through Friday from 7:30
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SYRACUSE — The TSA (Transportation Security Administration) PreCheck enrollment center at Syracuse Hancock International Airport has relocated due to the ongoing construction project at the airport.
The new location is on the second level, near the security checkpoint, the airport said in a news release. The enrollment center is open Monday through Friday from 7:30 a.m. to 4 p.m.
TSA PreCheck is a program that allows travelers to go through airport security faster by applying for the program, undergoing a background check, and paying an $85 membership fee that’s good for five years, according to the TSA.
The TSA PreCheck enrollment center is the first of several airport tenants that will be relocated due the $48.8 million construction project.
Syracuse Hancock International Airport will also move the rental-car counters and the barber shop to new locations in the terminal starting the week of Jan. 29.
Additional information regarding the renovation project is available on the airport’s website (www.flysyracuse.com).
Governor’s Budget Proposal Spends and Taxes Too Much
After spending some time poring over Gov. Andrew Cuomo’s budget proposal, it leaves me with the same sense of disappointment, as it is filled with downstate-heavy spending, costly programs, and hidden tax increases. The governor has spent his early weeks of the year setting his gaze on higher office and touting a lofty progressive agenda,
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After spending some time poring over Gov. Andrew Cuomo’s budget proposal, it leaves me with the same sense of disappointment, as it is filled with downstate-heavy spending, costly programs, and hidden tax increases. The governor has spent his early weeks of the year setting his gaze on higher office and touting a lofty progressive agenda, which will prove to be costly for average hardworking middle-class families of our state. Worse still is that the governor has been laying down a foundation of blame directed at the federal government and localities.
I think it’s fair to say that the governor’s focus has been on the presidency for some time. He’s set his sights on 2020 and is using New York as his sandbox to “prove” to far-left progressives that he’s their guy. This year, New York is facing a possible $4 billion budget deficit. To compensate for his past and continued policies that have contributed to this emergency, the governor has peppered throughout his budget proposal revenue boosters or taxes on New York’s hardworking families. These proposals include the discontinuation of the energy service sales-tax exemption, which would cost New Yorkers $96 million in the coming fiscal year and $128 million annually in subsequent years. He places a cap on the STAR Exemption benefit growth to zero, which would cost homeowners $49 million in 2018-19.
These moves don’t make a dent in this deficit. It’s clear that reductions in spending are needed. I am frustrated by the pressure the governor forces on our local governments to “consolidate” while he has done little to alleviate the unfunded mandates that are to blame for high costs of living in New York. Further still, using his insincere version of “ethics” reform would require same-day voter registration as well as early voting, which would amount to more costly mandates on our county governments.
Our upstate local communities need investment and attention from the state. The governor’s solution to revitalizing downtowns is the continuation of his Downtown Revitalization Program which pits 10 “winning” cities against each other to divide up a $100 million pot. The governor has gamified almost every aspect of government and investment, but I have serious reservations as to whether this is the best way to lift up and support our upstate communities. He further proposes to eliminate $1.8 million worth of village-per-capita aid, which helps small villages like those found in the Mohawk Valley and North Country. Elsewhere in his budget, Cuomo proposes to cut $11.5 million in agricultural aid, which supports rural districts like the one I represent.
The governor’s proposal provides $438.1 million to Consolidated Local Street and Highway Improvement Program (CHIPs) and $39.7 million to the Marchiselli Program to repair bridges, the rates from the previous year. His budget proposal offers another $100 million from his PAVE-NY and BRIDGE-NY. This, however, is not enough to repair the overall decline in our vast local infrastructure due to lack of state investment, and it pales in comparison to the billions being spent in downstate New York like the rebuild of the formerly named Tappan Zee Bridge, which cost about $4 billion. In last year’s budget, the governor offered $546 million to work on JFK Airport roads alone, and now he plans to give a $194 million subsidy to the highly mismanaged Metropolitan Transportation Authority (MTA). Upstate New Yorkers continually have to fund billions or forgo their share in windfall settlement money to support downstate infrastructure. The governor fails to see the gross inequity in funding for our region.
Our state and budget are not items the governor should use for his political gains. His flagrant use of the budget and state policy for his own means puts upstate New Yorkers at a disadvantage. I urge him to abandon this approach and really come to the table and listen to our proposals to make this a budget that will work for middle-income families, small businesses, and the many people relying on the state to make wise decisions with the programs and services we offer.
Marc W. Butler (R,C,I, Ref–Newport) is a New York State Assemblyman for the 118th District, which encompasses parts of Oneida, Herkimer, and St. Lawrence counties, as well as all of Hamilton and Fulton counties. Contact him at butlerm@nyassembly.gov
State Considers More Business Killing Regs
Unfortunately, New York State has a habit of creating policies that punish businesses. In the past two years, business owners in New York have had to ingest several onerous mandates such as new wage orders, higher minimum wages, and a new paid family leave policy. Now the Department of Labor is considering another mandate, known
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Unfortunately, New York State has a habit of creating policies that punish businesses. In the past two years, business owners in New York have had to ingest several onerous mandates such as new wage orders, higher minimum wages, and a new paid family leave policy.
Now the Department of Labor is considering another mandate, known as the “call-in pay” regulation that will, if adopted, place additional strain on affected businesses. In short, the “call-in pay” regulation would require employers to provide employees with a 14-day work schedule and, if there is deviation from that schedule, the employer must pay the employee “call-in pay.” The amount of “call-in pay” depends on when and how the worker’s schedule deviates. In some cases, an employer would be required to be pay an employee four hours at minimum wage.
The intention of this proposed regulation is to address challenges some workers face with erratic work schedules. Unfortunately, as is too often the case, the proposed regulation instead of taking a reasonable approach to address the issue, takes a one-size-fits-all approach and fails to balance the interest of the employee and the employer.
While this mandate will have a substantial impact on all businesses effected, its impact will be significantly negative for small businesses. While national chains and big-box stores have thousands of employees, small businesses operate with far fewer employees. An employee calling in sick for a national retail store will cause less disruption and scheduling issues than an employee calling in sick at a small business that employs less than 10 individuals. Presumably, in this type of situation, the small-business owner would either have to cover the shift himself or call in another employee to fill the shift. Under the proposed regulations, if an employee was called in to cover the shift as described above, the employer would have to pay the employee the additional call-in rate along with his regular wage. Penalizing a business for scheduling issues beyond its control is excessively punitive.
Secondly, it is unclear why the Department of Labor has settled on mandating a 14-day schedule as opposed to a shorter period. In today’s business world, circumstances can change quickly. Orders can come in, be filled and be out the door to customers in less than a day. On the other hand, customers have more options and years of loyalty to a supplier is no longer the reality. Penalizing an employer for his or her inability to predict work flow 14 days in advance illustrates that the Department of Labor does not understand how modern business works. A more balanced workable approach would be a shorter time-period.
Finally, the proposed regulations fail to provide an exemption for weather-dependent businesses. What happens if, within the 14-day scheduling period, weather plays a role in the employer’s ability to provide a service? For example, what if there is no snow for a snow-removal company to plow. Would the company still have to provide call-in pay for the employees whose work schedule was canceled? Again, the proposed regulations are divorced from how business works and at the very least, weather-dependent businesses should be exempted from the regulations.
These proposed regulations have yet to be adopted by the New York State Department of Labor. I and other legislators have written to the department expressing our concerns over the regulations. It’s my hope that the agency listens to our concerns and at the very least amends the regulations to better match the realities of today’s business. If the Department of Labor goes ahead and adopts the regulations as proposed, I would look to work with my legislative colleagues, to enact legislation that would overturn the department’s adoption of the call-in pay regulations.
William (Will) A. Barclay is the Republican representative of the 120th New York Assembly District, which encompasses most of Oswego County, including the cities of Oswego and Fulton, as well as the town of Lysander in Onondaga County and town of Ellisburg in Jefferson County. Contact him at barclaw@assembly.state.ny.us, or (315) 598-5185.
JOHN R. MAY, CPA, was recently elected president/CEO of Piaker & Lyons, CPAs. RICHARD A LYNCH, CPA, was elected executive VP and treasurer of the firm. Both positions became effective in January.
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JOHN R. MAY, CPA, was recently elected president/CEO of Piaker & Lyons, CPAs. RICHARD A LYNCH, CPA, was elected executive VP and treasurer of the firm. Both positions became effective in January.
C&S Companies has hired ANDREW MAXWELL as senior program manager and innovation strategist. Maxwell, who was a 2017 candidate for City of Syracuse mayor, comes to C&S from a career in public service and brings significant experience and expertise in government and public works projects. He is currently a visiting scholar at SUNY-ESF. Maxwell served
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C&S Companies has hired ANDREW MAXWELL as senior program manager and innovation strategist. Maxwell, who was a 2017 candidate for City of Syracuse mayor, comes to C&S from a career in public service and brings significant experience and expertise in government and public works projects. He is currently a visiting scholar at SUNY-ESF. Maxwell served as the director of policy & innovation for the City of Syracuse and has also been the director of the Syracuse-Onondaga County Planning Agency. As the founding director for the City of Syracuse Bureau of Planning & Sustainability, he coordinated the completion of the Syracuse Creekwalk and Connective Corridor.
Pinckney Hugo Group has hired MEGAN DAIGLE as an assistant account manager, and JESSICA KUMMROW as a junior art director. Daigle has a bachelor’s degree in business analytics and marketing from the Madden School of Business at Le Moyne College.Kummrow has a bachelor’s degree in graphic design from SUNY Oswego.
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Pinckney Hugo Group has hired MEGAN DAIGLE as an assistant account manager, and JESSICA KUMMROW as a junior art director. Daigle has a bachelor’s degree in business analytics and marketing from the Madden School of Business at Le Moyne College.Kummrow has a bachelor’s degree in graphic design from SUNY Oswego.
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