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Hartwick College receives $500K grant to promote STEM capacity
ONEONTA, N.Y. — The Howard Hughes Medical Institute (HHMI) Inclusive Excellence 3 initiative has awarded a $500,000 grant to Hartwick College. The college said it will use the grant to increase its capacity for providing science, technology, engineering, and math (STEM) opportunities that promote success for all students, especially those in historically excluded groups. Hartwick […]
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ONEONTA, N.Y. — The Howard Hughes Medical Institute (HHMI) Inclusive Excellence 3 initiative has awarded a $500,000 grant to Hartwick College.
The college said it will use the grant to increase its capacity for providing science, technology, engineering, and math (STEM) opportunities that promote success for all students, especially those in historically excluded groups. Hartwick noted it will allocate the funding to strengthen student belonging by amplifying student voices and building support for instructors to shift to practices and policies that create equitable learning environments for all students.
Specific initiatives include empowering student-led STEM clubs to promote inclusivity, creating a student advisory panel to provide input and collaborate on the creation of class and laboratory activities and assignments, building a program to develop STEM peer mentors for students in introductory STEM courses, professional development for faculty to modify introductory science curricula and modes of instruction, and development of new courses on inclusivity in science. The initiatives will inform the college’s planning to create the infrastructure necessary to provide continuous support and assessment of inclusive instruction and student engagement.
Seven learning community clusters (LCC) were selected for the grant, with about 15 institutions in each cluster. Hartwick belongs to LCC3, which aims to shift institutions from deficit- to achievement-oriented thinking and practices through continuing education, inclusive curricula, student empowerment, inclusive collaboration, and broader approaches to institutional transformation. LCC3 will use $600,000 from HHMI to build inclusive collaboration among institutional teams, which will provide the Hartwick team critical support for their work.
Hartwick’s Inclusive Excellence 3 team includes faculty from the biology, chemistry, math, and physics departments as well as representatives from the offices of college advancement and academic affairs.
HHMI promotes leadership in science education through its institutional grants program, awarded through peer-reviewed competitions that highlight issues in science education, support science faculty in addressing these problems, and encourage institutions to become leaders in science-education excellence.
Hartwick College offers 35 bachelor’s degrees, two master’s degrees in the sciences, and a graduate certificate in nursing education.

Ithaca company creates, pilot tests cold-emitting film
ITHACA, N.Y. — Imagine being able to walk into a hardware store and purchase a film that, when applied to a window on a hot summer day, not only blocks the sun’s heat but actually emits cold. Heat Inverse, LLC of Ithaca could make that a reality with its thin-film technology that gets cold without
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ITHACA, N.Y. — Imagine being able to walk into a hardware store and purchase a film that, when applied to a window on a hot summer day, not only blocks the sun’s heat but actually emits cold.
Heat Inverse, LLC of Ithaca could make that a reality with its thin-film technology that gets cold without any additional energy. Founded in 2018 by CEO Romy Fain, the business began pilot testing its product earlier this year.
The product is applied like a sticker, Fain says, and “wherever you put it, it’s going to cool that service.”
It has promising implications for a number of sectors including refrigerated trucking and the power grid, Fain says. For refrigerated trucks, the film applied to the roof provides additional cooling, but it goes beyond that, she says. The film can also be applied to the cooling equipment, which generates waste heat as it runs, and keep that system cooler and operating more efficiently.
In the power system, the film has a number of potential uses, Fain says. It can be applied to actual components that experience a lot of heat degradation during use, and it can also be used on energy storage facilities to cool them. Studies have shown reducing temperatures by 10 degrees on power systems can double their lifespan, she notes.
The films are hyper-emitters selectively emit where the atmosphere is transparent. The film uses the temperature differential between the surface of the planet (heat) and outer space (cold) and, following the second law of thermodynamics where heat travels from hot to cold, the material gets and emits cold.
Heat Inverse calls it the reverse-greenhouse effect and the result involves heat being whisked away instead of being trapped in the atmosphere. It’s all about battling climate change in a way that’s durable and scalable, Fain contends. “What we really need are solutions we can implement quickly,” she notes.
The pilots that Heat Inverse began earlier this year are going well, Fain says. The company has one pilot program with a peaker plant in California. A peaker plant is a power plant that typically only operates during high, or peak, demand for energy. Plant officials went into the pilot a little jaded, Fain says, but ended up impressed by the product.
“We’re seeing these companies we’re pilot testing with are now ready to implement,” Fain adds. She anticipates the firm could start generating sales as soon as next summer.
“We’ve got hundreds of potential customers in the pipeline,” she says. Currently, the company has about 90,000 square feet of film that should be ready for sale by then, minus about 5 percent needed for additional pilot programs.
“We think this is going to be something people can buy at the hardware store and put it wherever they need to cool,” Fain says.
Supply-chain issues, which delayed the beginning of pilot testing, continue to be an issue, Fain says, so the company is working to shore up its supply chain, as well as bring some production in house.
With that in mind, Heat Inverse is looking for both space and manufacturing equipment, she says, and working with contractors that can do large-scale manufacturing. The company currently operates from the Rev: Ithaca Startup Works business incubator shared workspace.
Heat Inverse currently has eight employees, uses several consultants, and is actively interviewing for multiple positions at the moment.
The company has received funding from the National Science Foundation (NSF) Innovation Corps (I-Corps), including funding for customer discovery and $1 million in technology support.

Syracuse University, Northeast Clean Energy Council team up
SYRACUSE — Syracuse University and the Northeast Clean Energy Council (NECEC) have formed a collaborative partnership that seeks to raise the “visibility and impact of emerging research” on clean-climate technologies. Their agreement, which Syracuse announced Nov. 7, will also work to “increase engagement” in the region for governments and businesses looking to meet their net-zero
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SYRACUSE — Syracuse University and the Northeast Clean Energy Council (NECEC) have formed a collaborative partnership that seeks to raise the “visibility and impact of emerging research” on clean-climate technologies.
Their agreement, which Syracuse announced Nov. 7, will also work to “increase engagement” in the region for governments and businesses looking to meet their net-zero carbon transitions through clean-energy policies and innovations, and create career-building experiential opportunities for students.
Based in Somerville, Massachusetts, NECEC represents more than 300 member companies involved in climate technology throughout New York State and New England.
The joint Syracuse University-NECEC initiative offers a “unique opportunity” to leverage the engagement expertise of NECEC in policy and innovation for clean energy and climate with the “research strengths” of the university, an R-1 (top-tier) international research institution, Syracuse University said.
As part of the agreement, Syracuse University will host an operating office for NECEC at the Center of Excellence in Environmental and Energy Systems (SyracuseCoE) at 727 E. Washington St. in Syracuse.
Student researchers from the Dynamic Sustainability Lab will staff the facility. Dynamic Sustainability Lab is a research unit in the Maxwell School of Citizenship and Public Affairs, which is set to open in the spring semester, per the Syracuse University announcement.
“Through partnerships with strategic leaders such as NECEC, we aim to harness the research and creative activities of our faculty and students for the benefit of our community, our nation and our planet as we face pressing climate and sustainability challenges,” Duncan Brown, Syracuse’s VP for research, said. “Our partnership with NECEC will provide unique opportunities for Syracuse University students from many different academic programs to work together with climate and energy experts and innovators on real-world and impactful projects that will better prepare them for successful careers after graduation.”
Besides his role as VP for research, Brown is also the Charles Brightman Endowed Professor of Physics, the school noted.
NECEC President Joe Curtatone said the “stage has been set” for students to enter new climate-conscious professions, due to $369 billion in federal investment from the Inflation Reduction Act and important action by New York State “and beyond on converting to a clean-energy grid.”
“Decarbonization is a whole-of-society effort that must reach every home on every street in every neighborhood before we can deem it a success,” Curtatone said. “That’s going to mean generations of new jobs as we break our fossil-fuel dependency and embrace localized-energy production, clean-energy consumption and sustainable industrial practices. It is essential to have top-flight institutions like Syracuse not just preparing students to succeed in the climate economy, but in leading efforts for a rapid and opportunity-laden transition to a decarbonized world.”
Jay Golden, director of the Dynamic Sustainability Lab in the Maxwell School, developed the idea for the partnership with Curtatone. Golden calls the alliance an “exciting development at an opportune time.”
The Dynamic Sustainability Lab recently was awarded part of a multi-institutional $60 million grant from the U.S. Department of Agriculture to advance climate-smart commodities and products.
“Our partnership with NECEC will help accelerate our progress in developing practical solutions and speed the growth of a new generation of innovators, entrepreneurs and green-tech businesses in New York state. And through this partnership, these innovations now will benefit not only the people of New York, but also those living throughout the Northeast,” said Golden, who is also a professor of environmental sustainability and finance.

Ithaca College’s stadium project offers environmental benefits
ITHACA, N.Y. — Ithaca College expects an upcoming project to add artificial turf and lighting to Butterfield Stadium will result in “positive environmental and economic benefits.” The college announced on Nov. 29 that it will use a $3 million donation to fund the turf and lighting installation. Monica Bertino Wooden, a 1981 graduate of Ithaca
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ITHACA, N.Y. — Ithaca College expects an upcoming project to add artificial turf and lighting to Butterfield Stadium will result in “positive environmental and economic benefits.”
The college announced on Nov. 29 that it will use a $3 million donation to fund the turf and lighting installation.
Monica Bertino Wooden, a 1981 graduate of Ithaca College, provided the money. To recognize the gift, the school will name the playing surface Bertino Field at Butterfield Stadium.
Synthetic-turf fields conserve water since irrigation is not needed, and the stormwater runoff is cleaner since it will not include the fertilizers and pesticides required for natural-grass fields, Ithaca College said in its announcement.
The planned Musco LED (light-emitting diode) sports-lighting system cuts energy consumption by as much as 80 percent compared to a traditional sports-light system and “virtually eliminates glare, sky glow, and light spill.”
“We will both save on maintenance costs and create revenue-generating opportunities, with a stadium that can host a variety of large-scale outdoor events when not being used by the college community,” Tim Downs, VP for finance and administration at Ithaca College, said in a statement. “This aligns with our strategic plan goals of improving space utilization, optimizing resources, and developing community partnerships.”
Clark Companies, headquartered in Delhi in Delaware County, is managing the installation of the turf field. The firm is a specialized contractor that focuses on the design and construction of outdoor athletic facilities, including the fields at Cornell University, the U.S. Military Academy at West Point, and MetLife Stadium in East Rutherford, New Jersey.
Expanded use

Besides the environmental benefits, Ithaca College also sees the project as one that will “will greatly expand the uses of the premier outdoor gathering space on campus,” per its announcement.
Butterfield Stadium is currently used primarily for home football games, meaning that for most of the year, “it sits idle.” With synthetic turf and lighting, the stadium will be available “multiple times a day, seven days a week, in all seasons,” the college said.
“We are so grateful for this show of support for our student-athletes and our entire campus community,” Ithaca College President La Jerne Terry Cornish said. “I am looking forward to cheering on our teams and watching other activities take place on Bertino Field at Butterfield Stadium for many years to come.”
The project is expected to begin in the spring of 2023, with completion prior to the start of the fall semester and first home football game in the fall.
About the donor
Bertino Wooden played softball and basketball as a student-athlete, earning her bachelor’s degree in physical education. Her brother, John Bertino, who graduated from Ithaca College in 1980, played on both the 1979 football and 1980 baseball teams that won national championships, the college said.
A longtime resident of Tampa, Florida, Bertino Wooden spent the early part of her professional career with IBM. In 2000, she co-founded MercuryGate International, which focused on the field of supply-chain logistics that provides transportation-management products. She served as the firm’s CEO until selling the company in 2018.
“As an athlete and later as a youth coach, I found that one need was always constant — field time! So, I am very pleased to give back to the college that invested so much in me,” Bertino Wooden said.

SMALL BUSINESS SPOTLIGHT: Eden Fresh Network co-founders show how crowdfunding is done
SYRACUSE, N.Y. — If one were to look at the playbook for how to set up a successful crowdfunding campaign, Mark Pawliw would check all the boxes. He and his co-founder and co-owner of Eden Fresh Network (EFN), Leah de Rosa, successfully crowdfunded the launch of EFN in May. Community members from the duo’s networks,
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SYRACUSE, N.Y. — If one were to look at the playbook for how to set up a successful crowdfunding campaign, Mark Pawliw would check all the boxes. He and his co-founder and co-owner of Eden Fresh Network (EFN), Leah de Rosa, successfully crowdfunded the launch of EFN in May. Community members from the duo’s networks, along with public marketing and outreach, resulted in a debt-equity raise of $65,750 from 70 investors.
As Pawliw and de Rosa explain on the crowdfunding campaign page at Honeycomb Credit’s crowdfunding platform website: “Eden Fresh Network is a hyper local food hub — serving as a distribution center, online market, and educational initiative, in which local farmers and specialty food producers are able to expand their market and connect more directly and daily with their consumers. By building this bridge between farmers and consumers, we are strengthening and growing the local food system in Central New York, based in the greater Syracuse region.”
Crowdfunding success doesn’t appear out of nowhere; it is grounded in years of hard work, experience, and relationships as Eden Fresh Network proved. Prior to EFN, Pawliw worked for six years as the mover and shaker behind “Farm-to-Fork 101.” Founded in 2015, Farm-to-Fork 101’s mission was to reconnects the farmer with the consumer to “create a sustainable, community-based food system that will promote and enhance the environmental, economic and social health of Syracuse and its surrounding areas.” Farm-to-Fork 101 was also born from Mark’s 25 years of experience in the

corporate food and restaurant world, and his frustrations with that food system. Co-owner de Rosa’s 30-year background in health care and her own chronic illnesses, led her to join Pawliw with a passion towards promoting and providing access to health-conscious lifestyles through the simple theory of ‘buying local and supporting local’.
Mark initially met with me at the Small Business Development Center (SBDC) in October 2017 — after a few years of offering monthly special events, such as Farm-to-Form dinners and cooking demonstrations, looking to expand to a brick-and-mortar location, and combine events with product sales. Over the intervening years, as client and advisor discussed strategy, financial projections, goals, and mission, Mark continued strengthening his network ties and offering the community building dinners and outreach events such as kitchen demos at the NYS Fair Wegman’s Kitchen stage and the NOFA-NY (Northeast Organic Farmers Association of NY) Winter Conference.
I also advised and informed Pawliw throughout the sessions about crowdfunding and the different options to consider. When a favorable location came to the market for EFN, and the COVID pandemic waned, the years of collaboration culminated in the development of the Honeycomb crowdfunding debt-campaign success.
The money raised will be used for a number of startup costs — about 35 percent of the funds will be used for a walk-in cooler, a freezer, a delivery-vehicle down payment, and working-capital operating costs (salaries, POS system, starting inventory). The remaining funds will purchase an IQF machine. An IQF, or Individually Quick Frozen machine, will extend the growing season of upstate New York by freezing farm-fresh fruits and vegetables during the harvest seasons and making them available “out of season” to consumers and institutions.
“Crowdfunding and specifically Honeycomb gave us the structure and framework to make a successful run into raising capital for our Eden Fresh Network project. Overall, crowdfunding relied on the many years of creating networks throughout Syracuse. We were grateful to have known and gained the support of so many people that truly believed in our thoughts and ideas the crowdfunding process showed us that people really do want to see us succeed,” Pawliw says.
EFN currently provides online ordering for twice-weekly delivery or pick-up of fresh vegetables and local products sourced within 65 miles of Syracuse, as well as a weekly in-person farmers market on Sundays from 12-3. EFN also is continuing the tradition of farm-to-form community dinners. For more information on Eden Fresh Network, visit: www.edenfreshnetworkcny.com.
Business Advisor’s Tip: Debt crowdfunding through loan capital, as demonstrated in this example, is only one of four types of crowdfunding options. Other options include equity investment, pre-sales and perk rewards, and donations or gifts. Contact your advisor to figure out which type of crowdfunding is most appropriate for your project.
Frank Cetera is an advanced certified business advisor at the SBDC, located at Onondaga Community College. Contact him at ceteraf@sunyocc.edu

DEC announces completion of Little Sandy Creek Bridge
BOYLSTON, N.Y. — The New York State Department of Environmental Conservation (DEC) recently announced the completion of the Little Sandy Creek Bridge — a 110-foot structure that extends over Little Sandy Creek in the Winona State Forest. The newly constructed bridge, located in the town of Boylston in Oswego County, is part of the new
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BOYLSTON, N.Y. — The New York State Department of Environmental Conservation (DEC) recently announced the completion of the Little Sandy Creek Bridge — a 110-foot structure that extends over Little Sandy Creek in the Winona State Forest.
The newly constructed bridge, located in the town of Boylston in Oswego County, is part of the new one-mile Little Sandy Creek Trail, completed this fall in partnership with the Winona Forest Recreation Association (WFRA).
“In the region and across the state, DEC continues its commitment to connect more New York families and visitors to the great outdoors,” DEC Region 6 Director Randall Young said in a release. “By investing in strategic infrastructure projects like the Little Sandy Creek bridge and trail improvements in Winona State Forest, DEC is increasing access to year-round recreation opportunities for all outdoor enthusiasts.”
The bridge will boost recreational access in the Winona State Forest, particularly its attractiveness for competitive races that draw participants from across the country.
“The Little Sandy Creek bridge construction is one critical component to the larger ‘event loop expansion’ project, which will provide recreational users, as well as event participants, one of the longest course loops available, about 25K. This makes Winona events a standout in the recreational event community,” WFRA President Matt Westerlund said. “Our events are world class, and are becoming more widely known across the USA and beyond. The bridge allows for a connection to areas underutilized, and logistically impossible to reach without the bridge. It is a game changer for us.”
The new Little Sandy Creek Trail connects the existing Winona Way trail to the Bargy Road trail. The network continues on to the newly added Stinson Creek Trail, leading to the Raspberry Trail. The new trail segments were constructed by DEC Operations staff and volunteers from WFRA, the department said.
The 9,233-acre Winona State Forest is located in southern Jefferson County and northern Oswego County on the western edge of the Tug Hill Plateau. The forest includes 31.1 miles of cross-country ski trails, 8.7 miles of snowmobile trails, and 9.9 miles of forest roads.
Winona State Forest’s trails and forest-access roads provide opportunities for hiking, skiing, snowshoeing, biking, and snowmobiling. The forest also attracts hunters, birders, and those who simply enjoy being outdoors. Events include the Tug Hill Tourathon ski race, Tug Hill Challenge Sled Dog Race, snowshoe races, fat-tire bike races, and trail-running events, among others.
The Little Sandy Creek Bridge project was funded with about $56,000 from NY Works and is part of the DEC’s Adventure NY Initiative to connect New Yorkers with the outdoors.

NYWEA executive director to retire in June
SYRACUSE, N.Y. — Patricia Cerro-Reehil, who has served as executive director of the Syracuse–based New York Water Environment Association, Inc. (NYWEA) since 2000, plans to retire in June. Donna Grudier, NYWEA’s president-elect, is chairing the search committee to identify a new executive director. Cerro-Reehil started working for NYWEA in 1987 and went on to become
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SYRACUSE, N.Y. — Patricia Cerro-Reehil, who has served as executive director of the Syracuse–based New York Water Environment Association, Inc. (NYWEA) since 2000, plans to retire in June.
Donna Grudier, NYWEA’s president-elect, is chairing the search committee to identify a new executive director.
Cerro-Reehil started working for NYWEA in 1987 and went on to become the first woman to hold the position of executive director for the organization.
“Since taking the helm, Patricia has helped the organization fulfill its mission and grow,” Grudier said in a release. “Her impact on the organization has been tremendous.”
Grudier went on to say that NYWEA’s impact on the water sector has broadened under the leadership of Cerro-Reehil.
“Among her many accomplishments, she was instrumental in the success of the organization’s scholarship program that reached its $1 million goal in 2000,” Grudier said. “During her tenure, over $700,000 in scholarships have been awarded to 240 students pursuing environmental degrees. That program is now expanding to provide scholarships to individuals interested in becoming water resource recovery operators.”
In addition, under Cerro-Reehil’s leadership, NYWEA took over the administration of the state’s operator-certification program. In 2016, the Alexandria, Virginia–based Water Environment Federation awarded NYWEA its Outstanding Member Association of the Year Award, according to Grudier.
“[Cerro-Reehil] was also instrumental in building a relationship between NYWEA and environmental-advocacy organizations. In 2020-21, she worked to pivot the organization during the pandemic from in-person meetings and conferences to remote [sessions] to fulfill NYWEA’s educational mission,” Grudier said.
The decision to retire comes as Cerro-Reehil marked her 35th anniversary with the association.
“NYWEA will celebrate its 95th anniversary in 2023, and after serving as Executive Director for 22 years, it’s time for a change. The decision was difficult, but the timing feels right,” Cerro-Reehil said. “NYWEA has more than 400 volunteers that are the lifeline to protecting public health and the environment and carry out the clean-water mission for the organization. It has been a great opportunity to work with these amazing individuals to help the organization grow and succeed.”
About NYWEA
Founded in 1929 as a nonprofit educational organization by professionals in the field of water quality, NYWEA has 2,500 members statewide. It hosts several technical conferences annually for environmental engineers, scientists, water-resource recovery operators, public officials, and others who work in water-quality management and water-resource recovery.
Headquartered in Syracuse, NYWEA has seven regional chapters, 15 college student chapters, and is a member association of the international Water Environment Federation.
VIEWPOINT: 3 Tips for Firms to Craft Holiday Social-Media Messaging
Holidays can be your social-media calendar’s best friend, the free spaces on the Bingo card in the insatiable drive for online content. When it comes to striking the proper tone with your organization’s public messaging, holidays can also be your worst enemy. Take Pride Month, celebrated every June in the United States to recognize the
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Holidays can be your social-media calendar’s best friend, the free spaces on the Bingo card in the insatiable drive for online content.
When it comes to striking the proper tone with your organization’s public messaging, holidays can also be your worst enemy.
Take Pride Month, celebrated every June in the United States to recognize the historic contributions of members of the LGBTQ+ community. The journalist Sherina Poyyail recently wrote: “As the clock strikes midnight and we amble into June of every year, you can almost hear the sounds of disgruntled designers and social-media managers who have to create and upload the rainbow [colored] version of company’s logos for Pride Month.”
If your designers really are disgruntled, it’s a good idea to pause before hitting “send” on that Happy Pride Month post. Your organization should only feel confident about making any such statement if it aligns with your brand culture and is already an integral part of your social strategy. Think of your social-media vehicles as the messengers — a mode of communication — rather than the means to defining your organizational stance on a holiday.
That means it will be important to collaborate internally to decide your organization’s stance on a holiday and the people it is designed to celebrate, honor, or remember. Anticipate the tough questions before they arise. Never assume your employees, customers, and/or business clients will be in lockstep on the more-controversial holidays on the social-media calendar.
Here are three tips to consider before issuing any public organizational message in recognition of a holiday:
1. Categorize the holidays and observances on your social calendar by their risk factor, which will help you decide if they should be addressed on your social channels at all:
— Slam dunk: Christmas, Labor Day, Memorial Day, Independence Day, New Year’s Eve
— Borderline: Flag Day, Valentine’s Day
— Proceed with caution: Juneteenth, Columbus Day, Earth Day, Pride Month
Knowing you’ll want to spend more time discussing the hot-button holidays, carefully decide how each event appeals to your audience and stakeholders. Identify the potential pitfalls, which will vary from organization to organization.
2. For each holiday, ask: is your position clearly verbalized internally to leadership and staff?
Methods of communication vary from organization to organization as well. It’s important for those in positions of leadership to know when and how individuals on staff like to be approached. When communicating with a larger group — internally or externally — use consistent language and tone across all mediums and/or forms of communication.
3. Be prepared to respond publicly to your stance and/or beliefs.
“We have to say something” is not a valid reason for issuing a social-media post to recognize the more controversial holidays and observances on the calendar. If your organization cannot respond to public criticism of a social-media post, it’s better not to issue the post at all.
Not every detail of your organization’s internal discussions will need to be shared externally — in fact, individuals should feel free to share their strongest thoughts and feelings in private. For the days, weeks, and months your staff is most passionate about, it’s OK to reflect that passion in your social-media messaging.
The last step is also the first step: listen. Some customers or clients will only share their feelings about your organization’s holiday message after it has been issued publicly. Take their compliments or criticisms as an opportunity to learn. It will help you understand who is reading, sharing, and commenting on your social posts — positively or negatively. Form a strategy for responding when appropriate.
And don’t forget to celebrate.
John Ferin leads the content strategy and development team at ddm marketing + communications, a marketing agency for complex and regulated industries, including health care, financial services, and global manufacturing.

KeyCorp boosts quarterly dividend by 5 percent in Q4
KeyCorp (NYSE: KEY) — parent of KeyBank, the No. 2 bank ranked by deposit market share in the 16-county Central New York area — has declared a quarterly cash dividend of 20.5 cents per share of its common stock for the fourth quarter. The dividend is payable on Dec. 15, to holders of record as
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KeyCorp (NYSE: KEY) — parent of KeyBank, the No. 2 bank ranked by deposit market share in the 16-county Central New York area — has declared a quarterly cash dividend of 20.5 cents per share of its common stock for the fourth quarter.
The dividend is payable on Dec. 15, to holders of record as of the close of business on Nov. 29. At Key’s current stock price, the dividend yields about 4.4 percent on an annual basis.
The new dividend is a 5 percent increase from the 19.5 cents that the banking company paid in the third quarter.
Headquartered in Cleveland, Ohio, Key is one of the nation’s largest bank-based financial-services companies, with assets of about $190 billion as of Sept. 30. Its roots trace back nearly 200 years to Albany. KeyBank has a network of about 1,000 branches and 1,300 ATMs in 15 states.
OPINION: New Yorkers are Still Owed Answers on State’s Nursing Homes
The COVID-19 pandemic exposed massive holes in the procedures and protocols of long-term care and nursing homes in New York state. While we wait for Gov. Kathy Hochul to produce the report she promised months ago detailing those shortcomings, we must also grapple with new horror stories related to these facilities. The state attorney general’s
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The COVID-19 pandemic exposed massive holes in the procedures and protocols of long-term care and nursing homes in New York state. While we wait for Gov. Kathy Hochul to produce the report she promised months ago detailing those shortcomings, we must also grapple with new horror stories related to these facilities.
The state attorney general’s office [recently] filed a lawsuit detailing a despicable elder abuse and profiteering scheme at an Orleans County nursing-home facility. In the complaint, Attorney General Letitia James alleged inhumane conditions, inappropriate drugging, and even fatal negligence took place at the Villages of Orleans Health and Rehabilitation Center in Western New York.
The home’s operators were said to have financial interests in other homes across the state and nation and hid that fact as they let the home deteriorate and fattened their pockets at the expense of the residents. These allegations are gravely serious, and again we are witnessing vulnerable residents of long-term care facilities in New York and their families let down by the state.
Clearly, the state’s response to the COVID-19 outbreak was grossly mishandled. That fact, now crystal clear in hindsight of the pandemic’s climax, should have been an obvious wakeup call to the governor and relevant state agencies. Members of the Assembly Minority Conference, along with residents, local-government officials, and lawmakers from both sides of the aisle recognized the need for a more thorough review of these facilities.
Yet, little has been done to address the matter. Now, not only is there a seemingly endless number of unanswered questions regarding the state’s pandemic response in these homes, but there are also, perhaps, even more egregious failures taking place.
Unfortunately, the Hochul Administration has failed to prioritize the residents of these facilities. It has yet to produce a report on the condition of these facilities or even begin a formal review. Where is the accountability and what is the excuse for unnecessary delays? Again, I am calling for a full investigation into New York’s pandemic response in long-term care facilities, especially in light of the horrific allegations brought by the attorney general.
We must protect our most vulnerable residents, and right now they, and their families, are not getting the time, attention, and energy they deserve.
William (Will) A. Barclay, 53, Republican, is the New York Assembly minority leader and represents the 120th New York Assembly District, which encompasses all of Oswego County, as well as parts of Jefferson and Cayuga counties.
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